Varcoe Road, Bermondsey, SE16
AL

Varcoe Road, Bermondsey, SE16

By Alex & Matteo

£ 300,000

Reviews

4 out of 5 stars

Alex & Matteo says ..

A modern and well-kept one bedroom 6th floor apartment in a contemporary Bermondsey development. The property boasts an open plan modern kitchen and reception room with a Juliet balcony enjoying stunning views, a generous double bedroom with built-in storage, and a stylish bathroom. Additiona...

Property Oracle says ..

This property is a modern one bedroom flat located in Bermondsey, South East London. The flat itself is in excellent condition and benefits from modern fixtures and fittings throughout. The open plan living space is bright and airy with floor to ceiling windows providing plenty of natural light. The kitchen is well equipped and the bathroom is modern and clean. The property also benefits from access to a communal roof terrace offering stunning views of the London skyline.

The location is excellent, with the property being within easy reach of excellent transport links, including South Bermondsey train station and several bus routes. There are also a number of highly-rated primary schools within walking distance. The area is also well-served by shops, restaurants and other amenities.

The price of £300,000 seems reasonable given the current market conditions and the property’s features. The average price for a property in this area is £294,997, and the average price per square foot is £262. This property is slightly smaller than average at 385 sqft, but its modern condition and excellent location justify the asking price.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
9
Land
5
Bedrooms
1
Bathrooms
1
Sqft (est)
385.00
Lot (est)
416.00

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
448,750.00 £
Increased by 43.15 %
from 313,484.00 £
Est sale value
134,750.00 £
Increased by 2.64 %
from 131,285.00 £
Average area rental value
1,650.00 £/mo
Increased by 60.98 %
from 1,025.00 £/mo
Est letting value
385.00 £/mo
Unchanged by 0.00 %
from 385.00 £/mo
Est rental Yield
4.41 %
Increased by 12.50 %
from 3.92 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Alex & Matteo created the listing.

Nearby Schools

NameTypeOfstedDistance
Ilderton Primary SchoolCommunity SchoolOutstanding0.29 KM
Pilgrims' Way Primary SchoolCommunity SchoolGood0.54 KM
Pilgrims Way Primary School & Children'S CentreChildren's Centre0.56 KM
Galleywall Primary SchoolFree SchoolsOutstanding0.59 KM
Treasure House (London) CicOther Independent Special SchoolGood0.68 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Rollins Street £ 569,00000.00 KM
Stockholm Road £ 000.00 KM
Edenbridge Close £ 000.00 KM
Barry House £ 000.00 KM
Patterdale Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
South Bermondsey5425SBM0.42 KM
Queens Road Peckham5424QRP1.29 KM
Surrey Quays1083SQE1.38 KM
Canada Water1659ZCW1.64 KM
New Cross5150NWX1.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
Varcoe Road, Bermondsey, SE16 £ 300,000BUY8 / 100.00 KM
Varcoe Road, Bermondsey, SE16 £ 375,000BUY7 / 100.06 KM
Varcoe Road, London, SE16 £ 280,000BUYUnknown0.06 KM
Varcoe Road, Rotherhithe, SE16 £ 525,000BUY6 / 100.06 KM
Varcoe Road, South Bermondsey, SE16 £ 575,000BUY5 / 100.07 KM

Nearby Properties

AddressPriceDistance
84 Varcoe Road £ 422,5000.04 KM
88 Varcoe Road £ 159,0000.04 KM
24 Gerards Close £ 125,5000.12 KM
2 Gerards Close £ 280,0000.12 KM
12 Gerards Close £ 205,0000.12 KM