Drakefell Road, New Cross SE14
By Alex Neil Estate Agents
£ 350,000
Reviews
3 out of 5 stars
Alex Neil Estate Agents says ..
Offered chain-free, this one-bedroom ground-floor flat in Drakefell Road, New Cross SE14, is an ideal choice for buyers looking to make their mark on a property. The accommodation includes a bright reception room, separate kitchen, spacious bedroom, and a family bathroom. This flat benefits from ...
Property Oracle says ..
This one-bedroom property in New Cross, SE14, is situated in a desirable location within the Telegraph Hill area. Its proximity to highly-rated schools and various transport links makes it appealing to families and professionals. The property benefits from a garden, a rare asset in London. However, the property is in need of substantial renovation. The interior pictures reveal outdated finishes, worn flooring, and walls requiring attention. The kitchen and bathroom also appear to require complete updating. Potential buyers should factor in significant refurbishment costs into their overall budget. While the list price of £350,000 may appear reasonable based on the location and inclusion of a garden, the necessary renovation works represent a considerable financial investment. Ultimately, the property’s value lies in its potential, once renovated. The lack of precise square footage and plot size data for the property and its comparables makes a definitive price-per-square-foot comparison challenging.
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
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 537.54
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
- 770,995.00 £Increased by 28.32 %
- Est sale value
- 487,548.78 £Increased by 46.53 %
- Average area rental value
- 2,165.00 £/moDecreased by 8.88 %
- Est letting value
- 1,075.08 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.37 %Decreased by 29.05 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Alex Neil Estate Agents marked this listing as sold.
Alex Neil Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Haberdashers' Aske'S Hatcham College | Academy Sponsor Led | Good | 0.41 KM |
| Haberdashers' Aske'S Hatcham Temple Grove Free School | Free Schools | Outstanding | 0.41 KM |
| Edmund Waller Primary School | Community School | Good | 0.52 KM |
| Hollydale Primary School | Community School | Good | 0.64 KM |
| Ivydale Primary School & Children'S Centre | Children's Centre | 0.65 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Bonita Mews | £ 0 | 0 | 0.00 KM |
| Beacon Gate | £ 0 | 0 | 0.00 KM |
| Gibbon Road | £ 0 | 0 | 0.00 KM |
| Reservoir Road | £ 0 | 0 | 0.00 KM |
| Musgrove Road | £ 937,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Nunhead | 5068 | NHD | 0.60 KM |
| Brockley | 5404 | BCY | 1.05 KM |
| New Cross Gate | 5345 | NXG | 1.20 KM |
| Queens Road Peckham | 5424 | QRP | 1.40 KM |
| Crofton Park | 5078 | CFT | 1.70 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Drakefell Road, New Cross SE14 | £ 350,000 | BUY | 6 / 10 | 0.00 KM |
| Drakefell Road, Telegraph Hill, SE14 | £ 1,250,000 | BUY | 7 / 10 | 0.01 KM |
| Kitto Road, London | £ 1,650,000 | BUY | 6 / 10 | 0.11 KM |
| Kitto Road, Telegraph Hill, London, SE14 | £ 465,000 | BUY | 7 / 10 | 0.11 KM |
| St. Asaph Road, London | £ 200,000 | BUY | 5 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 90a Drakefell Road | £ 89,500 | 0.01 KM |
| 88 Drakefell Road | £ 1,661,000 | 0.01 KM |
| 82 Drakefell Road | £ 547,000 | 0.01 KM |
| 68 Drakefell Road | £ 430,000 | 0.01 KM |
| 90b Drakefell Road | £ 557,000 | 0.01 KM |