Varcoe Road, Bermondsey
PE

Varcoe Road, Bermondsey

By Peter James Estate Agents

£ 450,000

Reviews

3 out of 5 stars

Peter James Estate Agents says ..

Offered with NO CHAIN and boasting incredible views of Canary Wharf, the City of London and as far as the London Eye, this two double bedroom top floor apartment is immaculately presented throughout and boasts a large private terrace, open plan kitchen/ living space, home office space, built-in a...

Property Oracle says ..

Location: The property is located in Bermondsey, a popular area of London. It benefits from being close to several highly-rated primary schools, including Ilderton Primary School and Galleywall Primary School, both rated as ‘Outstanding’ by Ofsted. The proximity to South Bermondsey train station provides convenient access to other parts of London. The area also appears to have a good selection of amenities, although specific details about shops and other places of significance are not available in the provided data.

Condition: Based on the provided images, the property seems to be in good condition. The interior is modern and well-maintained, with a contemporary kitchen and bathroom. There is no visible evidence of wear and tear or the need for repairs or renovations.

Land: While the plot size is listed as 0.00 sqft, the images clearly show a substantial private balcony or terrace offering outdoor space. This is a significant benefit, especially for a flat in a densely populated area like London.

Price: The list price of £450,000 is within the range of comparable properties in the area. While the average price for properties in the vicinity is £294,997, the lack of square footage information for the subject property prevents a precise comparison based on price per square foot. However, given the apparent good condition, desirable location, and the inclusion of a private outdoor space, the asking price appears reasonable, although further information on the property’s size would allow for a more definitive assessment.

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
9
Location
8
Land
7
Bedrooms
2
Bathrooms
1
Sqft (est)
781.46

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
273,511.00 £
Increased by 2.64 %
from 266,477.86 £
Average area rental value
1,650.00 £/mo
Increased by 60.98 %
from 1,025.00 £/mo
Est letting value
781.46 £/mo
Unchanged by 0.00 %
from 781.46 £/mo
Est rental Yield
4.41 %
Increased by 12.50 %
from 3.92 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Peter James Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Ilderton Primary SchoolCommunity SchoolOutstanding0.35 KM
Galleywall Primary SchoolFree SchoolsOutstanding0.51 KM
Pilgrims' Way Primary SchoolCommunity SchoolGood0.61 KM
Pilgrims Way Primary School & Children'S CentreChildren's Centre0.64 KM
Treasure House (London) CicOther Independent Special SchoolGood0.68 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Edenbridge Close £ 000.00 KM
Stockholm Road £ 000.00 KM
Rollins Street £ 569,00000.00 KM
Barry House £ 000.00 KM
Anchor Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
South Bermondsey5425SBM0.41 KM
Queens Road Peckham5424QRP1.36 KM
Surrey Quays1083SQE1.38 KM
Canada Water1659ZCW1.61 KM
New Cross5150NWX1.61 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bloom House, Bermondsey Works, Verney Way, Bermondsey, SE16 £ 560,000BUY6 / 100.05 KM
Varcoe Road, Bermondsey, London, SE16 £ 450,000BUY8 / 100.05 KM
Varcoe Road, London, SE16 £ 280,000BUYUnknown0.06 KM
Varcoe Road, Rotherhithe, SE16 £ 525,000BUY6 / 100.06 KM
Varcoe Road, Bermondsey, SE16 £ 375,000BUY7 / 100.06 KM

Nearby Properties

AddressPriceDistance
84 Varcoe Road £ 422,5000.11 KM
88 Varcoe Road £ 159,0000.11 KM
3 Credon Road £ 318,0000.14 KM
11 Credon Road £ 580,0000.14 KM
3 Bramcote Grove £ 520,0000.18 KM