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 %
- Est sale value
- 148,057.00 £Increased by 2.64 %
- Average area rental value
- 1,650.00 £/moIncreased by 60.98 %
- Est letting value
- 423.02 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.41 %Increased by 12.50 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Oliver Jaques created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ilderton Primary School | Community School | Outstanding | 0.43 KM |
| Galleywall Primary School | Free Schools | Outstanding | 0.52 KM |
| Treasure House (London) Cic | Other Independent Special School | Good | 0.58 KM |
| Pilgrims' Way Primary School | Community School | Good | 0.60 KM |
| Pilgrims Way Primary School & Children'S Centre | Children's Centre | 0.62 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Edenbridge Close | £ 0 | 0 | 0.00 KM |
| Rollins Street | £ 569,000 | 0 | 0.00 KM |
| Barry House | £ 0 | 0 | 0.00 KM |
| Stockholm Road | £ 0 | 0 | 0.00 KM |
| Anchor Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| South Bermondsey | 5425 | SBM | 0.51 KM |
| Queens Road Peckham | 5424 | QRP | 1.31 KM |
| Surrey Quays | 1083 | SQE | 1.48 KM |
| Canada Water | 1659 | ZCW | 1.70 KM |
| New Cross | 5150 | NWX | 1.70 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Varcoe Road, Bermondsey, London, SE16 | £ 300,000 | BUY | Unknown | 0.00 KM |
| 1 Varcoe Road, London, SE16 | £ 290,000 | BUY | 6 / 10 | 0.00 KM |
| Varcoe Road, London, SE16 | £ 310,000 | BUY | 6 / 10 | 0.00 KM |
| Varcoe Road, London, SE16 | £ 300,000 | BUY | 6 / 10 | 0.00 KM |
| Varcoe Road, London, SE16 | £ 295,000 | BUY | 5 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 10 Kingsdown Close | £ 350,000 | 0.16 KM |
| 11 Credon Road | £ 580,000 | 0.17 KM |
| 3 Credon Road | £ 318,000 | 0.17 KM |
| 84 Varcoe Road | £ 422,500 | 0.18 KM |
| 88 Varcoe Road | £ 159,000 | 0.18 KM |