Sumner Street, Bankside, SE1
MC

Sumner Street, Bankside, SE1

By McQueens London

£ 700,000

Reviews

3 out of 5 stars

McQueens London says ..

GUIDE PRICE £700,000 -£750,000-A modern and stylish 554 sqft one bedroom apartment in the award winning Neo Bankside development in Southbank, SE1.

Property Oracle says ..

This one-bedroom apartment located in the desirable Bankside area of London offers a modern and stylish living space. The property features contemporary finishes, a well-equipped kitchen, and a modern bathroom. The apartment’s design is sleek and minimalist, creating a bright and airy feel. Images show a spacious living area and a comfortable bedroom. The lack of outdoor space is a notable limitation.

The location is a major asset, placing residents within walking distance of excellent transport connections, cultural attractions, and various amenities. The proximity to well-regarded schools adds further to its family-friendliness. However, the lack of information on service charges, leasehold details, and building-specific factors would need to be investigated before a purchase decision could be made.

While the list price seems competitive for the area, a comprehensive comparison with similar properties sold in the recent past is needed for a full evaluation. In summary, the apartment presents a desirable option for city living, but prospective buyers should do full due diligence and secure professional valuations before committing to the purchase. The lack of plot size and the limited information on comparable properties makes it difficult to determine if this is best value, but the modern, clean feel and the great location mean that it is still likely a desirable property in a highly sought after area.

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
8
Location
9
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
554.00

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
930,904.00 £
Decreased by 10.34 %
from 1,038,249.00 £
Est sale value
689,176.00 £
Increased by 7.61 %
from 640,424.00 £
Average area rental value
2,675.00 £/mo
Increased by 1.52 %
from 2,635.00 £/mo
Est letting value
1,662.00 £/mo
Increased by 50.00 %
from 1,108.00 £/mo
Est rental Yield
3.45 %
Increased by 13.11 %
from 3.05 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • McQueens London created the listing.

Nearby Schools

NameTypeOfstedDistance
City Of London SchoolOther Independent School0.56 KM
Haberdashers' Aske'S Borough AcademyFree Schools0.58 KM
Friars Primary Foundation SchoolFoundation SchoolGood0.60 KM
Charles Dickens Primary SchoolAcademy Converter0.76 KM
London Nautical SchoolFoundation SchoolRequires improvement0.80 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Zoar Street £ 000.00 KM
Marion's Way £ 000.00 KM
Burrell Street £ 1,750,00000.00 KM
Sumner Street £ 000.00 KM
Blackfriars Road £ 2,200,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Blackfriars5112BFR0.66 KM
City Thameslink5121CTK0.89 KM
Waterloo East5158WAE0.91 KM
Cannon Street5142CST1.31 KM
Waterloo5598WAT1.38 KM

Nearby Listings

AddressPriceTypeScoreDistance
NEO Bankside, Holland Street, SE1 £ 1,200,000BUY7 / 100.00 KM
NEO Bankside, Sumner Street, SE1 £ 850,000BUY6 / 100.00 KM
NEO Bankside, Sumner Street, SE1 £ 899,950BUY6 / 100.00 KM
NEO Bankside, Summer Street, SE1 £ 950,000BUY8 / 100.00 KM
Neo Bankside £ 979,950BUY7 / 100.06 KM

Nearby Properties

AddressPriceDistance
158 Union Street £ 111,0000.29 KM
152b Union Street £ 825,0000.29 KM
152a Union Street £ 52,0000.29 KM
152 - 154 Union Street £ 16,5000.29 KM
154 Union Street £ 392,0000.29 KM