New Tannery Way, London Bridge
DE

New Tannery Way, London Bridge

By Dexters

£ 1,250,000

Reviews

3 out of 5 stars

Dexters says ..

A rarely available Penthouse Apartment, finished to a very high specification, with fantastic skyline views, a very large open plan living room and kitchen, a generous south facing terrace, three double bedrooms and two bathrooms. Chain Free Sale.

Property Oracle says ..

London Bridge is a highly desirable area, known for its excellent transport links and proximity to the City. The property’s location near London Bridge station provides easy access to various parts of London. The presence of several highly-rated schools within a short distance is another positive aspect for families. The area benefits from a mix of amenities, including shops and places of interest, contributing to its desirability.

The property itself appears to be in excellent condition based on the provided images. The modern, high-quality finishes and fixtures are evident. The open-plan living space and the balcony add to the overall appeal. There is no visible evidence of any necessary repairs or renovations.

The property does not appear to include a garden, which is common for flats in central London locations. The lack of a garden is expected given the property type and location.

Considering the property’s size (1470 sqft), location in London Bridge, excellent condition, and modern features, the list price of £1,250,000 appears to be in line with, or potentially slightly above, the average price per square foot in the area (£1090). However, the higher price may be justified by the property’s superior condition, modern design, and desirable location. Nearby comparable properties show a range of prices, with some significantly higher, suggesting that the list price is not unreasonable within the context of the local market. The lack of plot size data for comparable properties makes a precise comparison challenging.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
10
Land
1
Bedrooms
3
Bathrooms
2
Sqft (est)
1,470.00

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
949,412.00 £
Increased by 6.78 %
from 889,156.00 £
Est sale value
1,575,840.00 £
Increased by 25.23 %
from 1,258,320.00 £
Average area rental value
2,558.00 £/mo
Increased by 5.05 %
from 2,435.00 £/mo
Est letting value
2,940.00 £/mo
Unchanged by 0.00 %
from 2,940.00 £/mo
Est rental Yield
3.23 %
Decreased by 1.82 %
from 3.29 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Dexters created the listing.

Nearby Schools

NameTypeOfstedDistance
Boutcher Church Of England Primary SchoolVoluntary Aided SchoolOutstanding0.24 KM
Kintore Way Children'S CentreChildren's Centre0.25 KM
Kintore Way Nursery School And Children'S CentreLocal Authority Nursery SchoolOutstanding0.26 KM
Grange Primary SchoolCommunity SchoolGood0.44 KM
The Bridge Special Education Needs SchoolOther Independent Special School0.54 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Leather Place £ 000.00 KM
Tannery Square £ 731,25000.00 KM
Curtis Street £ 000.00 KM
Long Walk £ 618,75000.00 KM
Stevens Street £ 338,73800.00 KM

Nearby Transport

NameNLCTLCDistance
London Bridge5148LBG1.46 KM
Fenchurch Street7490FST1.93 KM
Elephant And Castle5246EPH2.25 KM
Cannon Street5142CST2.31 KM
Liverpool Street6965LST2.66 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Tannery Way, London Bridge £ 1,250,000BUY7 / 100.00 KM
New Tannery Way, London Bridge £ 1,250,000BUY9 / 100.00 KM
New Tannery Way, London, SE1 £ 1,300,000BUY6 / 100.00 KM
Pickle Factory, 5 New Tannery Way, Bermondsey, SE1 £ 3,000,000BUY7 / 100.02 KM
New Tannery Way, Bermondsey, SE1 £ 800,000BUY6 / 100.02 KM

Nearby Properties

AddressPriceDistance
52 Grange Road £ 790,0000.12 KM
55 Grange Road £ 796,5000.12 KM
56 Grange Road £ 635,0000.12 KM
47 Grange Walk £ 685,0000.19 KM
40 Grange Walk £ 830,0000.19 KM