Mercy Terrace, London, SE13
CA

Mercy Terrace, London, SE13

By Carter Rose Property Group

£ 400,000

Reviews

3 out of 5 stars

Carter Rose Property Group says ..

Carter Rose Property Group is delighted to introduce this exciting new-build development, featuring a choice of three beautifully finished, high specification apartments. The development includes a 1.5,2 and a 3 bedroom apartment.

Property Oracle says ..

The property is located in Ladywell, Lewisham, a suburban area in South East London. Ladywell benefits from excellent transport links via Ladywell train station (Southeastern line), providing quick access to central London and other parts of the city. The area also has a good selection of local shops, schools (including several rated ‘Good’ or ‘Outstanding’ by Ofsted), and green spaces. This contributes to a desirable family-friendly atmosphere and potentially strong rental demand.

Based on the provided images, the property appears to be in excellent condition. It’s newly built or recently renovated, with modern fixtures and fittings throughout. The finishes are of a high standard, and there are no visible signs of wear and tear or necessary repairs. The property benefits from a small balcony.

While the exact plot size isn’t specified, the images show a small balcony. This is not a significant amount of outdoor space, but it still provides some private outdoor area.

The list price of £400,000 is significantly below the average price of £587,394 for the area. While the property is a flat and the average price may include a mix of house types, the price per square foot data is missing, preventing a direct comparison. However, considering the apparent high-quality finish and desirable location, the list price could be considered good value, particularly if the square footage is comparable to other flats in the area. Further information on the size of the property would be needed to make a more definitive assessment.

Therefore, we give this property 7 / 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
3
Bedrooms
1
Bathrooms
1
Sqft (est)
495.03
Lot (est)
514.51

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
833,500.00 £
Increased by 17.46 %
from 709,580.00 £
Est sale value
422,260.59 £
Increased by 26.18 %
from 334,640.28 £
Average area rental value
1,579.00 £/mo
Decreased by 30.26 %
from 2,264.00 £/mo
Est letting value
495.03 £/mo
Decreased by 50.00 %
from 990.06 £/mo
Est rental Yield
2.27 %
Decreased by 40.73 %
from 3.83 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Carter Rose Property Group created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary'S Lewisham Church Of England Primary SchoolVoluntary Aided SchoolGood0.47 KM
Ladywell Children'S CentreChildren's Centre0.79 KM
Prendergast Vale SchoolFoundation SchoolGood0.82 KM
Prendergast SchoolVoluntary Aided SchoolOutstanding0.82 KM
Tlg LewishamOther Independent SchoolGood0.93 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Railway Terrace £ 245,00000.00 KM
Plummer Court £ 000.00 KM
Silver Road £ 000.00 KM
Eastern Road £ 1,350,00000.00 KM
Yew Tree Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ladywell5057LAD0.08 KM
Lewisham5051LEW1.12 KM
St Johns5059SAJ1.44 KM
Catford Bridge5047CFB1.50 KM
Catford5077CTF1.61 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mercy Terrace, London, SE13 £ 400,000BUY7 / 100.00 KM
Mercy Terrace, London, SE13 £ 525,000BUY9 / 100.00 KM
Mercy Terrace, London, SE13 £ 440,000BUY7 / 100.00 KM
Mercy Terrace, London, Se13 £ 375,000BUY7 / 100.02 KM
Mercy Terrace, London, Se13 £ 350,000BUY7 / 100.02 KM

Nearby Properties

AddressPriceDistance
209a Algernon Road £ 215,0000.07 KM
233 Algernon Road £ 586,0000.07 KM
211 Algernon Road £ 144,5000.07 KM
239 Algernon Road £ 400,0000.07 KM
221 Algernon Road £ 665,0000.08 KM