Hamptons Sales says ..
This unique property is moments from the world-famous Tower Bridge, with a large, secluded east facing patio garden, perfect for alfresco dining.
Property Oracle says ..
The property is a 2 bedroom 2 bathroom flat located on Lafone Street in North Bermondsey, London. The flat is 171.49 sqft and is on a plot of 988 sqft. It’s listed at £875,000.
The property appears to be in excellent condition. The images show a modern, recently renovated interior with a contemporary kitchen and bathrooms. There is no visible evidence of wear and tear or needing renovation. The property benefits from a private patio garden.
The location in North Bermondsey, London, is desirable. It is within walking distance of several highly-rated schools, including Tower Bridge Primary School (rated ‘Good’) and St Michael’s Catholic College (rated ‘Outstanding’). The area also offers good transport links, with several train stations within a reasonable distance.
Considering the property’s excellent condition, desirable location, and inclusion of a private garden, the list price of £875,000 appears reasonable, especially when compared to the average price of £735,562 for the area. While the average price per sqft in the area is £868, the property’s modern condition and private outdoor space justify a higher price per sqft. However, the lack of sqft data for comparable properties makes a definitive price comparison challenging.
Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 10
- Location
- 9
- Land
- 8
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 171.49
- Lot (est)
- 988.00
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
- 707,000.00 £Decreased by 11.33 %
- Est sale value
- 141,307.76 £Decreased by 13.63 %
- Average area rental value
- 2,949.00 £/moIncreased by 44.21 %
- Est letting value
- 514.47 £/moIncreased by 50.00 %
- Est rental Yield
- 5.01 %Increased by 62.66 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Hamptons Sales created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Tower Bridge Primary School | Community School | Good | 0.22 KM |
| St Joseph'S Roman Catholic Primary School | Voluntary Aided School | Good | 0.70 KM |
| St Michael'S Catholic College | Academy Converter | Outstanding | 0.83 KM |
| Kintore Way Children'S Centre | Children's Centre | 0.90 KM | |
| Kintore Way Nursery School And Children'S Centre | Local Authority Nursery School | Outstanding | 0.90 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lafone Street | £ 0 | 0 | 0.00 KM |
| Courage Yard | £ 0 | 0 | 0.00 KM |
| Tower Bridge Plaza | £ 925,000 | 0 | 0.00 KM |
| Maggie Blake's Cause | £ 0 | 0 | 0.00 KM |
| Horsleydown Old Stairs | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Fenchurch Street | 7490 | FST | 1.11 KM |
| London Bridge | 5148 | LBG | 1.24 KM |
| Liverpool Street | 6965 | LST | 1.87 KM |
| Cannon Street | 5142 | CST | 1.95 KM |
| Wapping | 1085 | WPE | 2.14 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lafone Street, London, SE1 | £ 875,000 | BUY | 8 / 10 | 0.00 KM |
| The Flag Store, Queen Elizabeth Street, SE1 | £ 999,995 | BUY | 6 / 10 | 0.03 KM |
| Eagle Wharf, Lafone Street, SE1 | £ 575,000 | BUY | 6 / 10 | 0.04 KM |
| Gainsford Street, London, SE1 | £ 425,000 | BUY | 6 / 10 | 0.05 KM |
| Gainsford Street, London | £ 750,000 | BUY | 6 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 64 Gainsford Street | £ 240,000 | 0.05 KM |
| 65 Gainsford Street | £ 790,000 | 0.05 KM |
| 63 Gainsford Street | £ 732,500 | 0.05 KM |
| 68 Gainsford Street | £ 770,000 | 0.05 KM |
| 62 Gainsford Street | £ 585,000 | 0.05 KM |