Rotherhithe New Road, Bermondsey, London, SE16
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Rotherhithe New Road, Bermondsey, London, SE16

By Foxtons

£ 475,000

Reviews

3 out of 5 stars

Foxtons says ..

Set on the 15th floor, this 2 bedroom flat boasts stylish interiors including a large reception room, a modern open-plan kitchen and a delightful private balcony with wonderful views.

Property Oracle says ..

Location: The property is located in Bermondsey, a popular area of London. It benefits from being relatively close to several transport links, including South Bermondsey train station (1.10km) and Canada Water tube station (2.12km), providing convenient access to central London and other parts of the city. The proximity to several well-regarded schools, such as Phoenix Primary School (rated Outstanding by Ofsted), further enhances its appeal to families.

Condition: Based on the provided images, the property appears to be in excellent condition. The interior is modern, clean, and well-maintained, with contemporary fixtures and fittings. There is no visible evidence of wear and tear or the need for any significant repairs or renovations.

Land: The property is a flat and therefore does not include a private garden. However, the building offers access to communal rooftop gardens and terraces, providing residents with outdoor space.

Price: The list price of £475,000 for a 793 sqft flat in Bermondsey seems reasonable when compared to the average price per sqft in the area (£262). While the average price for properties in the area is lower (£294,997), this is likely influenced by the inclusion of different property types and sizes. Nearby comparable listings suggest that prices for flats in this location can range from £500,000 to £650,000. Considering the property’s modern condition and access to amenities like a gym and communal gardens, the asking price falls within the expected range for similar properties in the area.

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
9
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
793.00

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
448,750.00 £
Increased by 43.15 %
from 313,484.00 £
Est sale value
277,550.00 £
Increased by 2.64 %
from 270,413.00 £
Average area rental value
1,650.00 £/mo
Increased by 60.98 %
from 1,025.00 £/mo
Est letting value
793.00 £/mo
Unchanged by 0.00 %
from 793.00 £/mo
Est rental Yield
4.41 %
Increased by 12.50 %
from 3.92 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
John Keats Primary SchoolFree Schools0.00 KM
City Of London Academy (Southwark)Academy Sponsor LedGood0.42 KM
Treasure House (London) CicOther Independent Special SchoolGood0.45 KM
Phoenix Primary SchoolCommunity SchoolOutstanding0.50 KM
South Bermondsey Children And Parents CentreChildren's Centre0.57 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Catlin Street £ 288,33300.00 KM
Edenbridge Close £ 000.00 KM
Marlborough Grove £ 000.00 KM
Ainsdale Drive £ 000.00 KM
Beatrice Road £ 800,00000.00 KM

Nearby Transport

NameNLCTLCDistance
South Bermondsey5425SBM1.10 KM
Queens Road Peckham5424QRP1.54 KM
Peckham Rye5423PMR1.82 KM
Surrey Quays1083SQE2.04 KM
Canada Water1659ZCW2.12 KM

Nearby Listings

AddressPriceTypeScoreDistance
Rotherhithe New Road, Bermondsey, London, SE16 £ 475,000BUY7 / 100.00 KM
Rotherhithe New Road, Bermondsey, London, SE16 £ 575,000BUYUnknown0.00 KM
395 Rotherhithe New Road, London, SE16 £ 650,000BUY6 / 100.00 KM
Rotherhithe New Road, Bermondsey, London, SE16 £ 500,000BUY5 / 100.00 KM
Guild House, Rotherhithe New Road, London £ 575,000BUY7 / 100.00 KM

Nearby Properties

AddressPriceDistance
2 Argyle Way £ 272,0000.07 KM
8 Culloden Close £ 195,0000.09 KM
10 Culloden Close £ 272,5000.09 KM
4 Culloden Close £ 227,0000.09 KM
6 Culloden Close £ 499,9500.09 KM