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 %
- Est sale value
- 496,690.72 £Decreased by 13.63 %
- Average area rental value
- 2,949.00 £/moIncreased by 44.21 %
- Est letting value
- 1,808.34 £/moIncreased by 50.00 %
- Est rental Yield
- 5.01 %Increased by 62.66 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Cluttons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Michael'S Catholic College | Academy Converter | Outstanding | 0.06 KM |
| St Joseph'S Roman Catholic Primary School | Voluntary Aided School | Good | 0.24 KM |
| St James' Church Of England Primary School | Voluntary Aided School | Good | 0.35 KM |
| Riverside Primary School | Community School | Outstanding | 0.36 KM |
| Hermitage Primary School | Community School | Good | 0.53 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Farthing Alley | £ 0 | 0 | 0.00 KM |
| Bowley House | £ 0 | 0 | 0.00 KM |
| Hermitage Stairs | £ 0 | 0 | 0.00 KM |
| Spa Road | £ 1,100,000 | 0 | 0.00 KM |
| Spa Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Wapping | 1085 | WPE | 1.36 KM |
| Shadwell | 1082 | SDE | 1.66 KM |
| Fenchurch Street | 7490 | FST | 1.71 KM |
| Rotherhithe | 1039 | ROE | 1.74 KM |
| Canada Water | 1659 | ZCW | 2.02 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Meridian Court, 3 East Lane, London, SE16 | £ 435,000 | BUY | 6 / 10 | 0.00 KM |
| Meridian Court, 3 East Lane, London, SE16 | £ 450,000 | BUY | 5 / 10 | 0.00 KM |
| East Lane, London, SE16 | £ 625,000 | BUY | 6 / 10 | 0.01 KM |
| Chambers Street, Shad Thames | £ 400,000 | BUY | 7 / 10 | 0.01 KM |
| Axis Court, 2 East Lane, SE16 | £ 350,000 | BUY | 5 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 154 Providence Square | £ 165,000 | 0.18 KM |
| 151 Providence Square | £ 165,000 | 0.18 KM |
| 152 Providence Square | £ 165,000 | 0.18 KM |
| 155 Providence Square | £ 165,000 | 0.18 KM |
| 156 Providence Square | £ 165,000 | 0.18 KM |