Caddingtons says ..
This riverside warehouse apartment of some 2943 square feet with an additional 800+ square feet of cellar space. Potential to make a 3rd bedroom subject to planning permission (positive pre app received). Share of Freehold. Low Service charge of £1500 p/a
Property Oracle says ..
This Clink Street apartment offers a unique blend of modern living in a historic setting. Situated in the heart of London’s Borough & Bankside district, this substantial riverside warehouse conversion boasts approximately 2943 square feet of living space, plus an additional 800+ square feet of cellar space, presenting significant potential. The exposed brickwork and industrial-style features add character and charm. The modern, bright kitchen has a clean, contemporary design while maintaining a suitable aesthetic for the surrounding area. The photos display a well-maintained property, though some internal elements may be due for an update. The lack of a garden or outdoor space is a common feature of central London apartments, limiting its appeal to certain buyers. Its position near Borough Market and excellent transport links to London Bridge and Cannon Street adds considerably to its appeal. The price of £2,950,000 represents a high value but appears relatively competitive when compared to the lack of comparable properties listed for sale nearby. Potential buyers should carefully assess the suitability of the property’s layout to their lifestyle and priorities. The additional cellar space offers significant potential for expansion, but this will depend on acquiring necessary planning permissions. Overall, this property offers significant space, a desirable location, and a unique character to a discerning buyer willing to pay a premium for a central London location.
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
- 7
- Location
- 9
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 3
- Sqft (est)
- 2,942.85
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Metrics Year-on-Year
- Average area value
- 930,904.00 £Decreased by 10.34 %
- Est sale value
- 3,660,905.40 £Increased by 7.61 %
- Average area rental value
- 2,675.00 £/moIncreased by 1.52 %
- Est letting value
- 8,828.55 £/moIncreased by 50.00 %
- Est rental Yield
- 3.45 %Increased by 13.11 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Caddingtons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Saint Joseph'S Catholic Primary School, The Borough | Voluntary Aided School | Good | 0.50 KM |
| The Cathedral School Of St Saviour And St Mary Overie | Voluntary Aided School | Outstanding | 0.50 KM |
| London Christian School | Other Independent School | 0.74 KM | |
| Beormund Primary School | Community Special School | Good | 0.79 KM |
| Charles Dickens Primary School | Academy Converter | 0.82 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Pickfords Wharf | £ 0 | 0 | 0.00 KM |
| Winchester Walk | £ 0 | 0 | 0.00 KM |
| Maiden Lane | £ 0 | 0 | 0.00 KM |
| Talbot Yard | £ 0 | 0 | 0.00 KM |
| Upper Thames Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Cannon Street | 5142 | CST | 0.53 KM |
| London Bridge | 5148 | LBG | 0.68 KM |
| Moorgate | 6005 | MOG | 1.33 KM |
| Blackfriars | 5112 | BFR | 1.38 KM |
| City Thameslink | 5121 | CTK | 1.51 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Clink Wharf, Clink Street, SE1 | £ 4,500,000 | BUY | 7 / 10 | 0.01 KM |
| Clink Street, Borough SE1 | £ 875,000 | BUY | Unknown | 0.02 KM |
| Clink Street, London, SE1 | £ 3,250,000 | BUY | 7 / 10 | 0.03 KM |
| Clink Wharf, Clink Street, London, SE1 | £ 4,500,000 | BUY | 7 / 10 | 0.04 KM |
| Clink Wharf, Clink Street, London, SE1 | £ 2,500,000 | BUY | 6 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 23 Park Street | £ 3,000,000 | 0.10 KM |
| 12 - 14 Park Street | £ 1,950,000 | 0.19 KM |
| 2b Redcross Way | £ 1,279,000 | 0.24 KM |
| 15 Porter Street | £ 495,000 | 0.24 KM |
| 13 Porter Street | £ 310,000 | 0.24 KM |