Chancellor House, Bermondsey SE16
AL

Chancellor House, Bermondsey SE16

By Alex Neil Estate Agents

£ 515,000

Reviews

3 out of 5 stars

Alex Neil Estate Agents says ..

This stylish two double-bedroom apartment is on the sixth floor of the modern building, Chancellor House on Rotherhithe New Road in South Bermondsey SE16. The Bermondsey Works development boasts a breathtaking roof terrace with stunning views over London. The accommodation comprises a large open-...

Property Oracle says ..

Chancellor House is a modern apartment located in the Bermondsey area of London. The property benefits from two bedrooms and two bathrooms, and is situated within a modern development. The apartment itself appears to be in excellent condition, with modern fixtures and fittings throughout. The open-plan living area is spacious and bright, and the kitchen is well-equipped. There is also a balcony which offers views of the surrounding area. Transport links are good, with several train stations and bus routes within easy reach. The property is close to a number of schools, shops, and other amenities. The list price of £515,000 seems reasonable compared to other similar properties in the area, given its size, condition, and location. However, the lack of plot size may be a factor for some buyers.

The average price for properties in the area is £294,997, and the average price per square foot is £262. This property is listed at £515,000, which is significantly higher than the average price, but the price per square foot is lower than the average. This suggests that the property may be good value for money, however, it is important to note that the average price and price per square foot are based on all property types in the area, not just apartments. The nearby listings show a range of prices from £460,000 to £600,000, which supports the listed price of £515,000. Considering all factors, the property appears to represent good value.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
759.07

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
265,674.50 £
Increased by 2.64 %
from 258,842.87 £
Average area rental value
1,650.00 £/mo
Increased by 60.98 %
from 1,025.00 £/mo
Est letting value
759.07 £/mo
Unchanged by 0.00 %
from 759.07 £/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 Neil Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
John Keats Primary SchoolFree Schools0.13 KM
Phoenix Primary SchoolCommunity SchoolOutstanding0.40 KM
City Of London Academy (Southwark)Academy Sponsor LedGood0.45 KM
Treasure House (London) CicOther Independent Special SchoolGood0.47 KM
Camelot Primary SchoolCommunity SchoolGood0.55 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Catlin Street £ 288,33300.00 KM
Marlborough Grove £ 000.00 KM
Ainsdale Drive £ 000.00 KM
Edenbridge Close £ 000.00 KM
Maismore Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
South Bermondsey5425SBM1.22 KM
Queens Road Peckham5424QRP1.55 KM
Peckham Rye5423PMR1.73 KM
Surrey Quays1083SQE2.17 KM
Canada Water1659ZCW2.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chancellor House, Rotherhithe New Road, London, SE16 £ 495,000BUY6 / 100.01 KM
395 Rotherhithe New Road London SE16 £ 600,000BUYUnknown0.01 KM
Rotherhithe New Road London SE16 £ 550,000BUY6 / 100.01 KM
Chancellor House, London, 395 Rotherhithe New Road, SE16 £ 450,000BUYUnknown0.01 KM
Rotherhithe New Road London SE16 £ 485,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
15 Culloden Close £ 275,0000.07 KM
4 Culloden Close £ 227,0000.07 KM
6 Culloden Close £ 499,9500.07 KM
2 Culloden Close £ 500,0000.07 KM
10 Culloden Close £ 272,5000.07 KM