Newington Causeway SE1
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Newington Causeway SE1

By Leonard Leese

£ 450,000

Reviews

2 out of 5 stars

Leonard Leese says ..

Two bedroom apartment in Metro Central Heights SE1, set on the 4th floor, comprising two double bedrooms, two bathrooms (one en-suite), an open-plan kitchen/living area and an abundance of natural light. The development offers 24hr concierge and free access to the on-site gym and swimming pool.

Property Oracle says ..

This two-bedroom, two-bathroom apartment located on Newington Causeway in Southwark, London, is situated in a convenient location near Elephant and Castle station, providing easy access to various transport links. The apartment itself is within a larger residential complex and offers an open-plan kitchen/living area. While the property appears in generally good condition based on provided photos, some minor renovations or cosmetic updates could enhance its overall appeal.

The apartment’s location near Elephant and Castle benefits from excellent public transportation connections and is within close proximity to educational institutions such as London South Bank University and several schools. However, the lack of private outdoor space, and limited plot size, is a notable drawback. This is typical for central London apartments but is still a considerable factor to consider.

The list price seems reasonably competitive with other nearby listings, considering the location and features. However, the absence of a garden, while typical for flats, must be considered. A potential buyer should carefully evaluate their priorities and preferences in relation to the limited outdoor space and potential renovation requirements before making an offer.

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
6
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
650.14

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
502,500.00 £
Decreased by 5.45 %
from 531,465.00 £
Est sale value
451,847.30 £
Decreased by 13.34 %
from 521,412.28 £
Average area rental value
2,155.00 £/mo
Decreased by 2.80 %
from 2,217.00 £/mo
Est letting value
1,300.28 £/mo
Decreased by 33.33 %
from 1,950.42 £/mo
Est rental Yield
5.15 %
Increased by 2.79 %
from 5.01 %
Crime Rate
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • Leonard Leese created the listing.

Nearby Schools

NameTypeOfstedDistance
London College Of Printing & Distributive TradesMiscellaneous0.27 KM
London South Bank UniversityHigher Education InstitutionsGood0.35 KM
The Autism Project - CaretradeSpecial Post 16 InstitutionRequires improvement0.60 KM
Charles Dickens Primary SchoolAcademy Converter0.64 KM
St Jude'S Church Of England Primary SchoolVoluntary Aided SchoolGood0.66 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Newington Causeway £ 000.00 KM
Newington Causeway £ 000.00 KM
Elephant and Castle £ 000.00 KM
Pastor Street £ 000.00 KM
A3 £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Elephant And Castle5246EPH0.25 KM
Waterloo East5158WAE1.37 KM
Waterloo5598WAT1.71 KM
London Bridge5148LBG1.78 KM
Blackfriars5112BFR1.80 KM

Nearby Listings

AddressPriceTypeScoreDistance
Newington Causeway SE1 £ 450,000BUY5 / 100.00 KM
Newington Causeway, London, SE1 £ 299,950BUY5 / 100.02 KM
Newington Causeway, London Bridge £ 375,000BUY6 / 100.02 KM
Newington Causeway, Elephant & Castle £ 425,000BUY5 / 100.02 KM
Newington Causeway, Southwark, London, SE1 £ 225,000BUY5 / 100.02 KM

Nearby Properties

AddressPriceDistance
32 Princess Street £ 331,0000.30 KM
30 Princess Street £ 125,0000.30 KM
19a Princess Street £ 65,0000.34 KM
65 Borough Road £ 173,0000.36 KM
62 Borough Road £ 450,0000.36 KM