Rotherhithe New Road, Bermondsey, London, SE16
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Rotherhithe New Road, Bermondsey, London, SE16

By Foxtons

£ 280,000

Reviews

3 out of 5 stars

Foxtons says ..

Arranged over 2 floors, this 2 bedroom duplex boasts well arranged interiors including a large reception room, an open-plan kitchen and 2 lovely double bedrooms.

Property Oracle says ..

The property is a 2-bedroom flat located on Rotherhithe New Road in Bermondsey, London. It is listed for £280,000 and has 763.16 sqft of living space. The property benefits from a balcony offering views of the surrounding area, which includes a mix of residential buildings and some green space. The flat appears to be in good condition based on the provided images. The kitchen and bathroom have been recently updated with modern fixtures and fittings. The flooring throughout the flat is in good condition and the walls and ceilings are clean and well-maintained. There is no evidence of any significant repairs or renovations being required. While the plot size is listed as 0.00 sqft, the property does include a balcony. This is a positive feature, particularly in a densely populated urban area like London. Considering the average price of similar properties in the area (£294,997) and the average price per sqft (£262), the list price of £280,000 appears to be reasonable. The property is slightly below the average price, which could be attributed to the smaller size of the flat compared to the average. However, its modern condition and convenient location near transportation and schools could make it attractive to buyers, potentially justifying the price. The location is good, with several transportation links within a reasonable distance, including the London Overground and Southern rail services. There are also several highly-rated schools nearby, which is a significant advantage for families.

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
9
Location
8
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
763.16

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
622,222.00 £
Increased by 5.44 %
from 590,127.00 £
Est sale value
757,054.72 £
Increased by 48.95 %
from 508,264.56 £
Average area rental value
2,241.00 £/mo
Increased by 5.31 %
from 2,128.00 £/mo
Est letting value
2,289.48 £/mo
Increased by 50.00 %
from 1,526.32 £/mo
Est rental Yield
4.32 %
Decreased by 0.23 %
from 4.33 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
Cavendish SchoolOther Independent Special SchoolOutstanding0.08 KM
Rotherhithe Primary School & Children'S CentreChildren's Centre0.11 KM
Rotherhithe Primary SchoolCommunity SchoolGood0.12 KM
St Joseph'S Catholic Primary SchoolVoluntary Aided SchoolOutstanding0.45 KM
Ilderton Primary SchoolCommunity SchoolOutstanding0.79 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hawkstone Road £ 000.00 KM
Warndon Street £ 000.00 KM
Luxford Street £ 000.00 KM
Bolina Road £ 000.00 KM
Marker Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Surrey Quays1083SQE0.43 KM
South Bermondsey5425SBM0.54 KM
New Cross5150NWX0.77 KM
Canada Water1659ZCW0.77 KM
Rotherhithe1039ROE1.09 KM

Nearby Listings

AddressPriceTypeScoreDistance
Rotherhithe New Road, Bermondsey, London, SE16 £ 280,000BUY6 / 100.00 KM
Millender Walk, Rotherhithe, London, SE16 £ 335,000BUY5 / 100.08 KM
Millender Walk, Bermondsey, London, SE16 £ 429,950BUY6 / 100.10 KM
Tissington Court, Rotherhithe New Road, London, SE16 £ 375,000BUY5 / 100.11 KM
Millender Walk, London, SE16 £ 425,000BUY6 / 100.11 KM

Nearby Properties

AddressPriceDistance
62 Millender Walk £ 210,0000.11 KM
68 Millender Walk £ 130,0000.11 KM
61 Millender Walk £ 160,0000.11 KM
55 Millender Walk £ 163,0000.11 KM
58 Millender Walk £ 400,0000.11 KM