River Rise Close, Surrey Quays
WA

River Rise Close, Surrey Quays

By Waterview

£ 425,000

Reviews

3 out of 5 stars

Waterview says ..

Situated within this extremely sought after development, this stunning one double bedroom penthouse flat boasts a large open plan kitchen and living space, modern bathroom, ample storage, two private balconies and communal gardens.

Property Oracle says ..

The property is a one-bedroom flat located in Surrey Quays, a district of London. The flat is modern in style, appearing well-maintained and in excellent condition based on the provided images. The kitchen and bathroom are contemporary, and the living space is bright and airy. The property benefits from a balcony offering views of the surrounding area.

The location is convenient, with several transportation options within a reasonable distance, including Surrey Quays Overground station, which is less than a kilometer away. There are also several well-regarded schools nearby, such as Marathon Science School and Deptford Park Primary School, both rated ‘Good’ by Ofsted.

The property has a small plot size, indicating a lack of extensive outdoor space. This is common for flats in urban areas like Surrey Quays.

Considering the average price per square foot in the area is £762, and the listed price of this 598.47 sqft property is £425,000, the price seems reasonable, potentially slightly below average for the area, given the property’s apparent good condition and convenient location. However, the lack of plot size may influence the price. Further comparison with similar properties in the immediate vicinity would provide a more definitive assessment.

Based on the provided information and images, the property appears to be a well-maintained, modern flat in a convenient location with good access to transport and schools. The price seems competitive relative to the local market, although more detailed information on comparable properties would be needed to give a more precise evaluation.

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
1
Bathrooms
1
Sqft (est)
598.47

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
460,000.00 £
Decreased by 0.33 %
from 461,505.00 £
Est sale value
374,043.75 £
Decreased by 7.68 %
from 405,164.19 £
Average area rental value
2,264.00 £/mo
Increased by 1.25 %
from 2,236.00 £/mo
Est letting value
1,795.41 £/mo
Unchanged by 0.00 %
from 1,795.41 £/mo
Est rental Yield
5.91 %
Increased by 1.72 %
from 5.81 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Waterview created the listing.

Nearby Schools

NameTypeOfstedDistance
Marathon Science SchoolOther Independent SchoolGood0.32 KM
Deptford Park Primary SchoolCommunity SchoolGood0.44 KM
Sir Francis Drake Primary SchoolCommunity SchoolRequires improvement0.73 KM
Clyde Early Childhood CentreChildren's Centre0.96 KM
St John'S Roman Catholic Primary SchoolVoluntary Aided SchoolGood0.97 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lighter Close £ 000.00 KM
Cary Avenue £ 000.00 KM
Worgan Street £ 000.00 KM
Helsinki Square £ 000.00 KM
Kezia Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Surrey Quays1083SQE0.90 KM
New Cross5150NWX1.32 KM
Canada Water1659ZCW1.32 KM
Rotherhithe1039ROE1.71 KM
South Bermondsey5425SBM1.73 KM

Nearby Listings

AddressPriceTypeScoreDistance
River Rise Close, Surrey Quays £ 425,000BUY6 / 100.00 KM
River Rise Close, Surrey Quays £ 425,000BUY6 / 100.00 KM
River Rise Close, SE8, Deptford, LONDON, SE8 £ 650,000BUY7 / 100.01 KM
Yeoman Street, Rotherhithe, SE8 £ 385,000BUY6 / 100.01 KM
Copenhagen Court, Yeoman Street, London, SE8 5ER £ 400,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
10 Yeoman Street £ 410,0000.04 KM
2 Yeoman Street £ 280,0000.04 KM
32 Yeoman Street £ 365,0000.04 KM
12 Yeoman Street £ 287,5000.05 KM
24 Yeoman Street £ 249,9990.10 KM