Varcoe Road, Bermondsey, SE16
EO

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 %
from 313,484.00 £
Est sale value
229,950.00 £
Increased by 2.64 %
from 224,037.00 £
Average area rental value
1,650.00 £/mo
Increased by 60.98 %
from 1,025.00 £/mo
Est letting value
657.00 £/mo
Unchanged by 0.00 %
from 657.00 £/mo
Est rental Yield
4.41 %
Increased by 12.50 %
from 3.92 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • EO ESTATE AGENTS created the listing.

Nearby Schools

NameTypeOfstedDistance
Ilderton Primary SchoolCommunity SchoolOutstanding0.36 KM
Galleywall Primary SchoolFree SchoolsOutstanding0.55 KM
Pilgrims' Way Primary SchoolCommunity SchoolGood0.56 KM
Pilgrims Way Primary School & Children'S CentreChildren's Centre0.58 KM
Treasure House (London) CicOther Independent Special SchoolGood0.64 KM

Images

Picture No. 24 Picture No. 23 Picture No. 25 Picture No. 26 Picture No. 22 Picture No. 15 Picture No. 16 Picture No. 12 Picture No. 19 Picture No. 18 Picture No. 14 Picture No. 13 Picture No. 20

Nearby Streets

NameAverage PriceAverage SqftDistance
Edenbridge Close £ 000.00 KM
Rollins Street £ 569,00000.00 KM
Stockholm Road £ 000.00 KM
Barry House £ 000.00 KM
Patterdale Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
South Bermondsey5425SBM0.46 KM
Queens Road Peckham5424QRP1.30 KM
Surrey Quays1083SQE1.42 KM
Canada Water1659ZCW1.66 KM
New Cross5150NWX1.66 KM

Nearby Listings

AddressPriceTypeScoreDistance
Varcoe Road, London, SE16 £ 280,000BUYUnknown0.00 KM
Varcoe Road, Rotherhithe, SE16 £ 525,000BUY6 / 100.00 KM
Varcoe Road, Bermondsey, SE16 £ 375,000BUY7 / 100.00 KM
Varcoe Road, South Bermondsey, SE16 £ 575,000BUY5 / 100.01 KM
Varcoe Road, London, SE16 £ 460,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
88 Varcoe Road £ 159,0000.10 KM
84 Varcoe Road £ 422,5000.10 KM
24 Gerards Close £ 125,5000.18 KM
11 Gerards Close £ 205,0000.18 KM
12 Gerards Close £ 205,0000.18 KM