Meridian Court, 3 East Lane, London, SE16
CL

Meridian Court, 3 East Lane, London, SE16

By Cluttons

£ 450,000

Reviews

2 out of 5 stars

Cluttons says ..

A modern one bedroom apartment close to the river front and the Jubilee Line. NO UPWARD CHAIN

Property Oracle says ..

This one-bedroom apartment in Meridian Court, North Bermondsey, presents a potentially attractive option for first-time buyers or investors. The property’s proximity to highly-rated schools like St Michael’s Catholic College and Riverside Primary School is a significant advantage, making it a family-friendly location. The apartment’s modern design, as depicted in the images, offers a clean, contemporary feel. The apartment is located in close proximity to transport links (more detailed distance information would be beneficial), giving convenient access to the wider London area. However, potential buyers should be aware that the property is an apartment with no associated outdoor space. Additionally, the limited nearby comparable property data and absence of price per square foot data hamper a precise assessment of the value, though the price is unlikely to be overly high in the area given that similar nearby properties appear to be more costly. A full survey is advised to establish the apartment’s condition and confirm its overall suitability before proceeding with a purchase. The area of North Bermondsey is an up and coming location that presents a relatively affordable alternative to some of London’s more central and expensive areas.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
602.78

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
707,000.00 £
Decreased by 11.33 %
from 797,349.00 £
Est sale value
496,690.72 £
Decreased by 13.63 %
from 575,052.12 £
Average area rental value
2,949.00 £/mo
Increased by 44.21 %
from 2,045.00 £/mo
Est letting value
1,808.34 £/mo
Increased by 50.00 %
from 1,205.56 £/mo
Est rental Yield
5.01 %
Increased by 62.66 %
from 3.08 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Cluttons created the listing.

Nearby Schools

NameTypeOfstedDistance
St Michael'S Catholic CollegeAcademy ConverterOutstanding0.06 KM
St Joseph'S Roman Catholic Primary SchoolVoluntary Aided SchoolGood0.24 KM
St James' Church Of England Primary SchoolVoluntary Aided SchoolGood0.35 KM
Riverside Primary SchoolCommunity SchoolOutstanding0.36 KM
Hermitage Primary SchoolCommunity SchoolGood0.53 KM

Images

Picture No. 09 Picture No. 01 Picture No. 04 Picture No. 02 Picture No. 03 Picture No. 08 Picture No. 06 Picture No. 10 Picture No. 07

Nearby Streets

NameAverage PriceAverage SqftDistance
Farthing Alley £ 000.00 KM
Bowley House £ 000.00 KM
Hermitage Stairs £ 000.00 KM
Spa Road £ 1,100,00000.00 KM
Spa Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Wapping1085WPE1.36 KM
Shadwell1082SDE1.66 KM
Fenchurch Street7490FST1.71 KM
Rotherhithe1039ROE1.74 KM
Canada Water1659ZCW2.02 KM

Nearby Listings

AddressPriceTypeScoreDistance
Meridian Court, 3 East Lane, London, SE16 £ 435,000BUY6 / 100.00 KM
Meridian Court, 3 East Lane, London, SE16 £ 450,000BUY5 / 100.00 KM
East Lane, London, SE16 £ 625,000BUY6 / 100.01 KM
Chambers Street, Shad Thames £ 400,000BUY7 / 100.01 KM
Axis Court, 2 East Lane, SE16 £ 350,000BUY5 / 100.03 KM

Nearby Properties

AddressPriceDistance
154 Providence Square £ 165,0000.18 KM
151 Providence Square £ 165,0000.18 KM
152 Providence Square £ 165,0000.18 KM
155 Providence Square £ 165,0000.18 KM
156 Providence Square £ 165,0000.18 KM