Reaston Street, London, SE14
By Robinson Jackson
£ 144,000
Reviews
3 out of 5 stars
Robinson Jackson says ..
Well-presented and spacious one bedroom flat situated on the 1st floor of this popular purpose built block, private balcony. Wheelchair accessible, available for shared ownership. ***The current owners are selling a 45% share of the property, although a new buyer could buy 100% should ...
Property Oracle says ..
This one-bedroom flat located on Reaston Street in New Cross, London, presents a modern and well-maintained living space. The property’s interior is stylish, with a contemporary kitchen and bathroom. The photos showcase a clean, updated finish throughout. A notable feature is the inclusion of a private balcony, which adds outdoor space. The location offers convenient access to public transport, with multiple train stations within a reasonable distance. The proximity to several well-regarded primary schools may be appealing to families. However, the property is listed as a shared ownership scheme, meaning the buyer purchases a share (in this case, a 45% share is offered, with an option to purchase 100%). This significantly impacts the purchase price. While the stated price may seem low compared to other properties listed nearby, it’s essential to note the implications of shared ownership which include ongoing service charges and the restrictions it places on resale and future improvements. Further investigation into the specific terms of the shared ownership agreement, including service charges and potential future purchase costs, is necessary for a fully informed assessment. Overall, it appears to be a well-presented flat, but prospective buyers must fully understand the implications of shared ownership before considering this option.
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
- 6
- Condition
- 9
- Location
- 7
- Land
- 3
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 566.83
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
- 409,152.00 £Decreased by 2.78 %
- Est sale value
- 380,342.93 £Increased by 32.87 %
- Average area rental value
- 1,957.00 £/moDecreased by 1.31 %
- Est letting value
- 1,700.49 £/moIncreased by 50.00 %
- Est rental Yield
- 5.74 %Increased by 1.59 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Robinson Jackson created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Kender Primary School | Community School | Good | 0.37 KM |
Haberdashers' Aske'S Hatcham Temple Grove | Academy Converter | 0.43 KM | |
Pilgrims Way Primary School & Children'S Centre | Children's Centre | 0.67 KM | |
Pilgrims' Way Primary School | Community School | Good | 0.69 KM |
Edmund Waller Primary School | Community School | Good | 0.85 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Hatfield Close | £ 0 | 0 | 0.00 KM |
Wardall Grove | £ 425,000 | 0 | 0.00 KM |
Rollins Street | £ 569,000 | 0 | 0.00 KM |
Nettleton Road | £ 376,667 | 0 | 0.00 KM |
Nettleton Road | £ 650,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Queens Road Peckham | 5424 | QRP | 0.96 KM |
New Cross Gate | 5345 | NXG | 1.12 KM |
South Bermondsey | 5425 | SBM | 1.21 KM |
Nunhead | 5068 | NHD | 1.30 KM |
Surrey Quays | 1083 | SQE | 1.69 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Reaston Street, London, SE14 | £ 320,000 | BUY | 6 / 10 | 0.00 KM |
Reaston Street, London, SE14 | £ 144,000 | BUY | 6 / 10 | 0.00 KM |
Avonley Road, London, SE14 | £ 300,000 | BUY | 5 / 10 | 0.08 KM |
Avonley Road, London, SE14 | £ 350,000 | BUY | 5 / 10 | 0.08 KM |
Avonley Road, London, SE14 | £ 360,000 | BUY | 7 / 10 | 0.10 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
39 Hatfield Close | £ 191,000 | 0.13 KM |
44 Hatfield Close | £ 105,000 | 0.13 KM |
37 Hatfield Close | £ 163,000 | 0.13 KM |
11b Edric Road | £ 195,000 | 0.15 KM |
61 Edric Road | £ 875,000 | 0.15 KM |