Painters Mews, Bermondsey, SE16
UR

Painters Mews, Bermondsey, SE16

By Urban Spaces

£ 500,000

Reviews

3 out of 5 stars

Urban Spaces says ..

Nestled within the exclusive gated community of Painters Mews, this unique cottage-style property was once a paint factory and retains a wealth of original features, from exposed wooden beams to striking brickwork.

Property Oracle says ..

The property is a one-bedroom, one-bathroom property with a total area of 595.90 sqft and a plot size of 631.00 sqft. The property is located in South Bermondsey, Southwark, in the London Borough of Southwark. The location benefits from being relatively close to several public transportation options, including South Bermondsey station (Govia Thameslink Railway) approximately 1.46km away. There are also several highly-rated schools within a reasonable distance, such as Harris Academy Bermondsey (Outstanding Ofsted rating) which is 0.46km from the property. The proximity to good schools and transport links is a positive aspect of the property’s location. However, without further information on the immediate surroundings, a more comprehensive assessment of the location’s desirability is not possible. Based on the provided images, the property appears to be in good condition. It has been recently renovated or updated, with modern fixtures and fittings. The exposed brickwork and wooden beams add character, and the property benefits from a conservatory-style extension that provides ample natural light. The overall presentation suggests a well-maintained property, though a physical inspection would be necessary to confirm this assessment fully. The property includes a small, private outdoor space, as seen in the provided images. While not expansive, this outdoor space is a desirable feature, especially in a densely populated urban area like Bermondsey. Determining the price reasonableness requires a comparison to similar properties in the area. The list price is £500,000. Unfortunately, the provided nearby listings do not offer sqft data, making a direct price-per-sqft comparison impossible. However, nearby street data shows a wide range of average prices, highlighting the significant price variation that exists within the area. Therefore, a definitive conclusion on the price’s reasonableness cannot be drawn without access to more comparable property data with sqft information.

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
7
Condition
8
Location
0
Land
6
Bedrooms
1
Bathrooms
1
Sqft (est)
595.90
Lot (est)
631.00

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
460,000.00 £
Decreased by 10.12 %
from 511,784.00 £
Est sale value
452,288.10 £
Increased by 4.12 %
from 434,411.10 £
Average area rental value
2,317.00 £/mo
Increased by 6.73 %
from 2,171.00 £/mo
Est letting value
1,787.70 £/mo
Unchanged by 0.00 %
from 1,787.70 £/mo
Est rental Yield
6.04 %
Increased by 18.66 %
from 5.09 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Urban Spaces created the listing.

Nearby Schools

NameTypeOfstedDistance
Spa School, BermondseyAcademy Special Converter0.21 KM
Harris Academy BermondseyAcademy Sponsor LedOutstanding0.46 KM
City Of London Academy (Southwark)Academy Sponsor LedGood0.50 KM
St James' Church Of England Primary SchoolVoluntary Aided SchoolGood0.51 KM
Compass School SouthwarkFree SchoolsGood0.57 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Spa Road £ 1,100,00000.00 KM
Stork's Road £ 000.00 KM
Beatrice Road £ 800,00000.00 KM
Rouel Road £ 000.00 KM
Spa Arch Lane £ 605,00000.00 KM

Nearby Transport

NameNLCTLCDistance
South Bermondsey5425SBM1.46 KM
Wapping1085WPE1.71 KM
Rotherhithe1039ROE1.82 KM
New Cross5150NWX1.95 KM
Canada Water1659ZCW1.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
Painters Mews, London, SE16 £ 750,000BUY7 / 100.06 KM
Painters Mews, Bermondsey, SE16 £ 900,000BUY6 / 100.06 KM
Alexis Street Bermondsey London SE16 3XF £ 625,000BUY6 / 100.08 KM
Lucey Way, Bermondsey, London, SE16 £ 575,000BUY6 / 100.11 KM
Southwark Park Road, London £ 385,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
51 Lucey Way £ 243,0000.11 KM
13 Lucey Way £ 244,5000.11 KM
57 Lucey Way £ 235,0000.11 KM
31 Lucey Way £ 265,0000.11 KM
77 Lucey Way £ 250,0000.11 KM