Winkworth says ..
** OIEO £210,000 ** Studio | Fitted Kitchen | Allocated Parking | Long Lease | Chain Free | 5-6% Rental Yield | New Cross, Zone 2
Property Oracle says ..
The property is a studio apartment located in Sterling Gardens, New Cross, London. The location benefits from being close to New Cross Gate Overground station (0.67km), providing convenient access to central London. Several schools are within a reasonable distance, including Kings Kids Christian School (0.43km) and Haberdashers’ Aske’S Hatcham Temple Grove (0.52km). The apartment itself appears to be in reasonable condition, though the images suggest it may benefit from some modernisation. The kitchen and bathroom seem functional but dated. The property lacks a private garden. Given the size (311.51 sqft), the lack of outdoor space, and the relatively modest condition, the list price of £210,000 appears to be within the range of comparable properties in the area, however further investigation into the price per sqft would be needed to accurately determine the value.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 1
- Sqft (est)
- 311.51
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
- 479,495.00 £Increased by 10.34 %
- Est sale value
- 197,497.34 £Increased by 1.28 %
- Average area rental value
- 2,475.00 £/moIncreased by 16.09 %
- Est letting value
- 934.53 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.19 %Increased by 5.09 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Winkworth created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Kings Kids Christian School | Other Independent School | Good | 0.43 KM |
| Haberdashers' Aske'S Hatcham Temple Grove | Academy Converter | 0.52 KM | |
| Sir Francis Drake Primary School | Community School | Requires improvement | 0.54 KM |
| Childeric Primary School | Academy Converter | 0.63 KM | |
| Deptford Green School | Community School | Requires improvement | 0.66 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Sanford Street | £ 443,750 | 0 | 0.00 KM |
| Bawtree Road | £ 675,000 | 0 | 0.00 KM |
| Cottesbrook Road | £ 0 | 0 | 0.00 KM |
| Auburn Close | £ 300,000 | 0 | 0.00 KM |
| Nombre Mews | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| New Cross Gate | 5345 | NXG | 0.67 KM |
| Surrey Quays | 1083 | SQE | 1.50 KM |
| South Bermondsey | 5425 | SBM | 1.62 KM |
| Deptford | 5145 | DEP | 1.75 KM |
| Brockley | 5404 | BCY | 1.88 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Sterling Gardens, London, SE14 | £ 210,000 | BUY | 5 / 10 | 0.00 KM |
| Sterling Gardens, London, SE14 | £ 285,000 | BUY | 5 / 10 | 0.04 KM |
| Sterling Gardens, London , SE14 | £ 395,000 | BUY | 6 / 10 | 0.06 KM |
| Sterling Gardens, London, SE14 | £ 285,000 | BUY | 5 / 10 | 0.06 KM |
| Sterling Gardens, London, SE14 | £ 195,000 | BUY | 4 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 166 Sterling Gardens | £ 182,000 | 0.04 KM |
| 100 Sterling Gardens | £ 350,000 | 0.04 KM |
| 56 Sterling Gardens | £ 151,700 | 0.04 KM |
| 68 Sterling Gardens | £ 73,000 | 0.04 KM |
| 12 Sterling Gardens | £ 117,000 | 0.04 KM |