Lower Road, Surrey Quays SE16
AL

Lower Road, Surrey Quays SE16

By Alex Neil Estate Agents

£ 1,000,000

Reviews

2 out of 5 stars

Alex Neil Estate Agents says ..

This freehold mixed-use property presents a compelling investment opportunity, ideally suited to property investors and developers alike. The premises comprise a ground floor retail unit, a self-contained one-bedroom apartment on the first floor, and three en-suite HMO rooms with a shared kitchen...

Property Oracle says ..

This property, located on Lower Road in Rotherhithe, presents a unique opportunity. While its location offers convenient access to transportation and nearby schools, the property itself requires extensive renovation. The limited land and current condition significantly impact its value, making the list price seem high relative to comparable properties in the area. Potential buyers should carefully consider the renovation costs and potential return on investment before making an offer.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
3
Location
7
Land
2
Bedrooms
4
Bathrooms
2
Sqft (est)
428.30

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
622,222.00 £
Increased by 5.44 %
from 590,127.00 £
Est sale value
424,873.60 £
Increased by 48.95 %
from 285,247.80 £
Average area rental value
2,241.00 £/mo
Increased by 5.31 %
from 2,128.00 £/mo
Est letting value
1,284.90 £/mo
Increased by 50.00 %
from 856.60 £/mo
Est rental Yield
4.32 %
Decreased by 0.23 %
from 4.33 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Alex Neil Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Marathon Science SchoolOther Independent SchoolGood0.47 KM
Rotherhithe Primary SchoolCommunity SchoolGood0.48 KM
Rotherhithe Primary School & Children'S CentreChildren's Centre0.48 KM
Cavendish SchoolOther Independent Special SchoolOutstanding0.64 KM
St Joseph'S Catholic Primary SchoolVoluntary Aided SchoolOutstanding0.75 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Worgan Street £ 000.00 KM
Luxford Street £ 000.00 KM
Warndon Street £ 000.00 KM
Marker Way £ 000.00 KM
Hawkstone Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Surrey Quays1083SQE0.22 KM
Canada Water1659ZCW0.75 KM
New Cross5150NWX0.75 KM
South Bermondsey5425SBM1.12 KM
Rotherhithe1039ROE1.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lower Road, Surrey Quays SE16 £ 1,000,000BUY4 / 100.00 KM
Tawny Way, Surrey Quays, SE16 £ 325,000BUY6 / 100.07 KM
Tawny Way, London, SE16 2NQ £ 379,500BUY5 / 100.07 KM
Cope Street, Harbord House Cope Street, SE16 £ 430,000BUY5 / 100.08 KM
5 Tawny Way, Fulmar House, London, SE16 2NN £ 345,000BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
239 Lower Road £ 10,0000.01 KM
197 Lower Road £ 159,5000.01 KM
235 Lower Road £ 330,0000.01 KM
31 Tawny Way £ 310,0000.01 KM
26 Tawny Way £ 170,0000.08 KM