Varcoe Road, London, SE16
OL

Varcoe Road, London, SE16

By Oliver Jaques

£ 310,000

Reviews

3 out of 5 stars

Oliver Jaques says ..

We are delighted to present to the market this one bedroom first floor apartment, situated in Bermondsey, with ease of access in Central London. The apartment has the benefit of multiply roof terraces and communal work spaces! Viewing highly recommended.

Property Oracle says ..

This one-bedroom apartment on Varcoe Road, Southwark, is presented in excellent condition, with modern furnishings and a light, airy feel. The photos depict a recently renovated or new build flat with contemporary features. The property boasts access to multiple communal roof terraces, providing residents with an unexpected extra amenity within the confines of London living.

The location is convenient with South Bermondsey station within easy reach, offering quick connections to central London. Several highly-rated primary schools are also in the vicinity, a factor which could make the property particularly appealing to families. While the Old Kent Road area may not be considered the most prestigious in London, it’s undergoing regeneration and benefits from its improving transport links and the presence of good schools.

The lack of a private garden is a notable point. This is typical for apartments in central locations, but it limits outdoor space. Buyers should consider this point, especially if outdoor living is a priority.

The price point requires further analysis. While the lack of consistently provided square footage data for similar properties makes a precise comparison difficult, the listing price appears to align with other one-bedroom flats on Varcoe Road. More details, especially the average price per square foot in the immediate vicinity, are needed to confirm whether this property represents exceptional value. The additional benefit of communal spaces and roof terraces might add to the overall appeal and justification of the asking price.

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
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
423.02

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
148,057.00 £
Increased by 2.64 %
from 144,249.82 £
Average area rental value
1,650.00 £/mo
Increased by 60.98 %
from 1,025.00 £/mo
Est letting value
423.02 £/mo
Unchanged by 0.00 %
from 423.02 £/mo
Est rental Yield
4.41 %
Increased by 12.50 %
from 3.92 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Oliver Jaques created the listing.

Nearby Schools

NameTypeOfstedDistance
Ilderton Primary SchoolCommunity SchoolOutstanding0.43 KM
Galleywall Primary SchoolFree SchoolsOutstanding0.52 KM
Treasure House (London) CicOther Independent Special SchoolGood0.58 KM
Pilgrims' Way Primary SchoolCommunity SchoolGood0.60 KM
Pilgrims Way Primary School & Children'S CentreChildren's Centre0.62 KM

Images

Reception Area Bedroom Reception Area Reception Area Bathroom Bedroom Hallway Reception Area Reception Area Bathroom

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
South Bermondsey5425SBM0.51 KM
Queens Road Peckham5424QRP1.31 KM
Surrey Quays1083SQE1.48 KM
Canada Water1659ZCW1.70 KM
New Cross5150NWX1.70 KM

Nearby Listings

AddressPriceTypeScoreDistance
Varcoe Road, Bermondsey, London, SE16 £ 300,000BUYUnknown0.00 KM
1 Varcoe Road, London, SE16 £ 290,000BUY6 / 100.00 KM
Varcoe Road, London, SE16 £ 310,000BUY6 / 100.00 KM
Varcoe Road, London, SE16 £ 300,000BUY6 / 100.00 KM
Varcoe Road, London, SE16 £ 295,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
10 Kingsdown Close £ 350,0000.16 KM
11 Credon Road £ 580,0000.17 KM
3 Credon Road £ 318,0000.17 KM
84 Varcoe Road £ 422,5000.18 KM
88 Varcoe Road £ 159,0000.18 KM