Varcoe Road, Bermondsey, SE16
By EO ESTATE AGENTS
£ 375,000
Reviews
3 out of 5 stars
EO ESTATE AGENTS says ..
A bright and well-presented two-bedroom apartment, located on the second floor of a well-kept building in Bermondsey.
Property Oracle says ..
The property is a 2 bedroom apartment located on Varcoe Road in Bermondsey, SE16. It is a modern apartment with 657 sqft of living space and benefits from a balcony. The apartment appears to be in excellent condition. The images show a modern, well-maintained interior with contemporary fixtures and fittings. There is no visible evidence of damage or disrepair. The property has a balcony, which provides some outdoor space, although it is not a large garden. The communal gardens are well-maintained and offer additional outdoor space for residents. The list price of £375,000 seems reasonable considering the location, condition, and size of the property. The average price for properties in the area is £294,997, and the average price per square foot is £262. This apartment is significantly larger than the average property in the area, and its modern condition justifies a higher price per square foot. Nearby comparable properties support this assessment, although the lack of sqft data for those properties limits a precise comparison. The proximity to excellent schools and transport links further enhances its value. Based on the provided information, the property appears to be a good investment opportunity.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 10
- Location
- 9
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 657.00
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
- 448,750.00 £Increased by 43.15 %
- Est sale value
- 229,950.00 £Increased by 2.64 %
- Average area rental value
- 1,650.00 £/moIncreased by 60.98 %
- Est letting value
- 657.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.41 %Increased by 12.50 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
EO ESTATE AGENTS created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ilderton Primary School | Community School | Outstanding | 0.36 KM |
| Galleywall Primary School | Free Schools | Outstanding | 0.55 KM |
| Pilgrims' Way Primary School | Community School | Good | 0.56 KM |
| Pilgrims Way Primary School & Children'S Centre | Children's Centre | 0.58 KM | |
| Treasure House (London) Cic | Other Independent Special School | Good | 0.64 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Edenbridge Close | £ 0 | 0 | 0.00 KM |
| Rollins Street | £ 569,000 | 0 | 0.00 KM |
| Stockholm Road | £ 0 | 0 | 0.00 KM |
| Barry House | £ 0 | 0 | 0.00 KM |
| Patterdale Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| South Bermondsey | 5425 | SBM | 0.46 KM |
| Queens Road Peckham | 5424 | QRP | 1.30 KM |
| Surrey Quays | 1083 | SQE | 1.42 KM |
| Canada Water | 1659 | ZCW | 1.66 KM |
| New Cross | 5150 | NWX | 1.66 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Varcoe Road, London, SE16 | £ 280,000 | BUY | Unknown | 0.00 KM |
| Varcoe Road, Rotherhithe, SE16 | £ 525,000 | BUY | 6 / 10 | 0.00 KM |
| Varcoe Road, Bermondsey, SE16 | £ 375,000 | BUY | 7 / 10 | 0.00 KM |
| Varcoe Road, South Bermondsey, SE16 | £ 575,000 | BUY | 5 / 10 | 0.01 KM |
| Varcoe Road, London, SE16 | £ 460,000 | BUY | 6 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 88 Varcoe Road | £ 159,000 | 0.10 KM |
| 84 Varcoe Road | £ 422,500 | 0.10 KM |
| 24 Gerards Close | £ 125,500 | 0.18 KM |
| 11 Gerards Close | £ 205,000 | 0.18 KM |
| 12 Gerards Close | £ 205,000 | 0.18 KM |