Drakefell Road, New Cross SE14
AL

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 The interior pictures reveal outdated finishes, worn flooring, and walls requiring attention.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 %
from 600,851.00 £
Est sale value
487,548.78 £
Increased by 46.53 %
from 332,737.26 £
Average area rental value
2,165.00 £/mo
Decreased by 8.88 %
from 2,376.00 £/mo
Est letting value
1,075.08 £/mo
Unchanged by 0.00 %
from 1,075.08 £/mo
Est rental Yield
3.37 %
Decreased by 29.05 %
from 4.75 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Alex Neil Estate Agents marked this listing as sold.

  • Alex Neil Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Haberdashers' Aske'S Hatcham CollegeAcademy Sponsor LedGood0.41 KM
Haberdashers' Aske'S Hatcham Temple Grove Free SchoolFree SchoolsOutstanding0.41 KM
Edmund Waller Primary SchoolCommunity SchoolGood0.52 KM
Hollydale Primary SchoolCommunity SchoolGood0.64 KM
Ivydale Primary School & Children'S CentreChildren's Centre0.65 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Bonita Mews £ 000.00 KM
Beacon Gate £ 000.00 KM
Gibbon Road £ 000.00 KM
Reservoir Road £ 000.00 KM
Musgrove Road £ 937,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Nunhead5068NHD0.60 KM
Brockley5404BCY1.05 KM
New Cross Gate5345NXG1.20 KM
Queens Road Peckham5424QRP1.40 KM
Crofton Park5078CFT1.70 KM

Nearby Listings

AddressPriceTypeScoreDistance
Drakefell Road, New Cross SE14 £ 350,000BUY6 / 100.00 KM
Drakefell Road, Telegraph Hill, SE14 £ 1,250,000BUY7 / 100.01 KM
Kitto Road, London £ 1,650,000BUY6 / 100.11 KM
Kitto Road, Telegraph Hill, London, SE14 £ 465,000BUY7 / 100.11 KM
St. Asaph Road, London £ 200,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
90a Drakefell Road £ 89,5000.01 KM
88 Drakefell Road £ 1,661,0000.01 KM
82 Drakefell Road £ 547,0000.01 KM
68 Drakefell Road £ 430,0000.01 KM
90b Drakefell Road £ 557,0000.01 KM