Lovelinch Close, South Bermondsey, London, SE15
FO

Lovelinch Close, South Bermondsey, London, SE15

By Foxtons

£ 380,000

Reviews

2 out of 5 stars

Foxtons says ..

Arranged over 2 floors, this lovely 3 bedroom flat boasts bright and well-proportioned reception room with access to a delightful private garden, modern kitchen and 3 well-sized bedrooms.

Property Oracle says ..

This three-bedroom flat in South Bermondsey, London, presents a mixed bag of opportunities and challenges for potential buyers. The property’s key strengths lie in its location, offering relatively easy access to public transport via South Bermondsey station and its proximity to several schools. The presence of a private garden, while relatively small, is a notable plus in a densely populated area. However, the property’s condition is a notable factor. The photos reveal that the flat requires updating and modernisation, which represents a potential cost for the purchaser. The kitchen and bathrooms especially appear dated. Given the absence of detailed information on the square footage of similar properties and some uncertainty over the state of the external areas, a complete, precise comparison is impossible. However, the list price of £380,000 for a three-bedroom property with a garden in this area of South Bermondsey appears potentially reasonable given the condition, but further due diligence is required. Overall, this property presents an investment opportunity that requires a significant commitment to renovations, although its location and desirable features remain attractive.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
930.97

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
479,495.00 £
Increased by 10.34 %
from 434,563.00 £
Est sale value
590,234.98 £
Increased by 1.28 %
from 582,787.22 £
Average area rental value
2,475.00 £/mo
Increased by 16.09 %
from 2,132.00 £/mo
Est letting value
2,792.91 £/mo
Unchanged by 0.00 %
from 2,792.91 £/mo
Est rental Yield
6.19 %
Increased by 5.09 %
from 5.89 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
Ilderton Primary SchoolCommunity SchoolOutstanding0.53 KM
Haberdashers' Aske'S Hatcham Temple GroveAcademy Converter0.55 KM
Pilgrims Way Primary School & Children'S CentreChildren's Centre0.61 KM
Pilgrims' Way Primary SchoolCommunity SchoolGood0.61 KM
Kender Primary SchoolCommunity SchoolGood0.79 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Cotton Yard £ 000.00 KM
Heathfield Court £ 000.00 KM
Rollins Street £ 569,00000.00 KM
Wardall Grove £ 425,00000.00 KM
Stockholm Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
South Bermondsey5425SBM0.81 KM
Queens Road Peckham5424QRP1.20 KM
Surrey Quays1083SQE1.28 KM
New Cross Gate5345NXG1.37 KM
Nunhead5068NHD1.71 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
66 Avonley Road £ 665,0000.26 KM
70a Avonley Road £ 400,0000.26 KM
56 Avonley Road £ 278,0000.26 KM
70b Avonley Road £ 370,0000.26 KM
88 Water Lane £ 215,0000.26 KM