Melbourne Grove, SE22
DO

Melbourne Grove, SE22

By Douglas & Gordon

£ 550,000

Reviews

3 out of 5 stars

Douglas & Gordon says ..

This light and bright, two double bedroom, top floor flat, presented in excellent condition throughout is being sold with no onward chain. A welcoming hallway opens into the large open plan kitchen living dining area which is perfect for relaxing or entertaining. The two genuine double bedrooms a...

Property Oracle says ..

This property is a 2-bedroom flat located in the Goose Green area of Southwark, London. The area benefits from being close to several well-regarded schools such as The Charter School East Dulwich and Goose Green Primary and Nursery School, both rated as ‘Good’ by Ofsted. Transport links are also convenient, with East Dulwich station just a short distance away. The property itself is presented in good condition with a modern feel, although the exterior shows some signs of age. The flat is 803 sqft and is listed at £550,000. This is below the average price for the area (£821,356), although the average sqft price is higher at £858 compared to the implied price per sqft of this property at approximately £685. The lack of plot size is a significant drawback, however, this is common for flats in this area. Given the location, condition, and price, the property represents reasonable value for money, especially for a first-time buyer or investor looking for a property in a well-connected and family-friendly area.

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
8
Location
9
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
803.00

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
559,500.00 £
Decreased by 37.24 %
from 891,461.00 £
Est sale value
497,860.00 £
Decreased by 22.50 %
from 642,400.00 £
Average area rental value
2,150.00 £/mo
Decreased by 18.34 %
from 2,633.00 £/mo
Est letting value
1,606.00 £/mo
Unchanged by 0.00 %
from 1,606.00 £/mo
Est rental Yield
4.61 %
Increased by 30.23 %
from 3.54 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Douglas & Gordon created the listing.

Nearby Schools

NameTypeOfstedDistance
The Charter School East DulwichFree SchoolsGood0.29 KM
Goose Green Primary And Nursery SchoolAcademy ConverterGood0.35 KM
Dog Kennel Hill SchoolCommunity SchoolGood0.67 KM
South Camberwell Children'S CentreChildren's Centre0.67 KM
Alleyn'S SchoolOther Independent School0.67 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Grove Vale £ 000.00 KM
Quorn Road £ 000.00 KM
Edgar Kail Way £ 375,00000.00 KM
Shawbury Road £ 000.00 KM
Pelham Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
East Dulwich5358EDW0.16 KM
North Dulwich5429NDL1.11 KM
Denmark Hill5421DMK1.38 KM
Peckham Rye5423PMR1.57 KM
West Dulwich5086WDU2.54 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melbourne Grove, SE22 £ 550,000BUY6 / 100.00 KM
Melbourne Grove, East Dulwich, London, SE22 £ 1,690,000BUY8 / 100.02 KM
Melbourne Grove, London, SE22 £ 1,600,000BUY6 / 100.02 KM
Melbourne Grove, East Dulwich £ 1,690,000BUY7 / 100.02 KM
61 Melbourne Grove, East Dulwich, SE22 £ 650,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
25 Melbourne Grove £ 588,0000.01 KM
21 Melbourne Grove £ 870,0000.01 KM
41 Melbourne Grove £ 382,5000.01 KM
5 Melbourne Grove £ 380,0000.01 KM
61a Melbourne Grove £ 362,8000.01 KM