Mercy Terrace, London, SE13
CA

Mercy Terrace, London, SE13

By Carter Rose Property Group

£ 440,000

Reviews

3 out of 5 stars

Carter Rose Property Group says ..

Carter Rose Property Group is delighted to introduce this exciting new-build development, featuring a choice of three beautifully finished, high specification apartments. The development includes a 1.5, 2 and a 3 bedroom apartment.

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom flat located in Ladywell, Lewisham, with a list price of £440,000. The flat is 505.80 sqft and sits on a 580 sqft plot. The area’s average price is significantly higher at £587,394, with an average price per sqft of £695. This suggests that the property may be underpriced compared to the local market average. However, the provided nearby listings show a range of prices, with some properties being listed for less than the subject property. The lack of sqft data for these comparable properties makes a precise comparison difficult. The property appears to be in excellent condition based on the provided images. The finishes look modern and well-maintained, with no apparent signs of wear or damage. The property benefits from a small balcony or patio area, as shown in the exterior images. While not a large garden, it still offers some outdoor space. The location is positive, with nearby transportation links to Southeastern and other rail lines. Several schools with good Ofsted ratings are also within a reasonable distance. This contributes positively to the overall desirability of the property. Considering the condition, location, and limited outdoor space, the list price of £440,000 appears to be relatively reasonable, especially when compared to some of the lower-priced nearby listings. However, a more detailed analysis of comparable properties with square footage data would be needed for a definitive conclusion.

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
7
Condition
10
Location
8
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
505.80
Lot (est)
580.00

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
833,500.00 £
Increased by 17.46 %
from 709,580.00 £
Est sale value
431,447.40 £
Increased by 26.18 %
from 341,920.80 £
Average area rental value
1,579.00 £/mo
Decreased by 30.26 %
from 2,264.00 £/mo
Est letting value
505.80 £/mo
Decreased by 50.00 %
from 1,011.60 £/mo
Est rental Yield
2.27 %
Decreased by 40.73 %
from 3.83 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Carter Rose Property Group created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary'S Lewisham Church Of England Primary SchoolVoluntary Aided SchoolGood0.47 KM
Ladywell Children'S CentreChildren's Centre0.79 KM
Prendergast Vale SchoolFoundation SchoolGood0.82 KM
Prendergast SchoolVoluntary Aided SchoolOutstanding0.82 KM
Tlg LewishamOther Independent SchoolGood0.93 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Railway Terrace £ 245,00000.00 KM
Plummer Court £ 000.00 KM
Silver Road £ 000.00 KM
Eastern Road £ 1,350,00000.00 KM
Yew Tree Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ladywell5057LAD0.08 KM
Lewisham5051LEW1.12 KM
St Johns5059SAJ1.44 KM
Catford Bridge5047CFB1.50 KM
Catford5077CTF1.61 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mercy Terrace, London, SE13 £ 400,000BUY7 / 100.00 KM
Mercy Terrace, London, SE13 £ 440,000BUY7 / 100.00 KM
Mercy Terrace, London, SE13 £ 525,000BUY9 / 100.00 KM
Mercy Terrace, London, Se13 £ 375,000BUY7 / 100.02 KM
Mercy Terrace, London, Se13 £ 350,000BUY7 / 100.02 KM

Nearby Properties

AddressPriceDistance
211 Algernon Road £ 144,5000.07 KM
239 Algernon Road £ 400,0000.07 KM
209a Algernon Road £ 215,0000.07 KM
233 Algernon Road £ 586,0000.07 KM
221 Algernon Road £ 665,0000.08 KM