Maltings Place , Tower Bridge Road
GA

Maltings Place , Tower Bridge Road

By Garrett Whitelock

£ 525,000

Reviews

3 out of 5 stars

Garrett Whitelock says ..

A well-presented bright and spacious one bedroom warehouse conversion situated within a gated development, moments from Bermondsey Street. The property benefits from an open plan kitchen reception facing into the newly renovated courtyard, a good size double bedroom with built in storage, and a s...

Property Oracle says ..

The property is a one-bedroom apartment located in Maltings Place, Southwark, London, SE1 3JB. The area benefits from its proximity to London Bridge station, providing convenient access to various parts of London. Several primary schools with good Ofsted ratings are within a short distance, making it potentially attractive to families. The average price per square foot in the area is £1,090, significantly higher than the property’s list price per square foot. The apartment itself appears to be in good condition. The photos show a modern, well-maintained interior with exposed brickwork, giving it character. The kitchen and bathroom seem recently updated. However, the property lacks a garden, which is a common feature in many UK properties. Considering the property’s location near London Bridge, good condition, and proximity to amenities and schools, the list price of £525,000 is considerably lower than the average house price in the area (£1,050,482). This suggests it may represent good value for money, especially compared to similar properties in the Maltings Place development. However, the lack of plot size may affect the overall value perception.

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
8
Condition
8
Location
9
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
503.64

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
949,412.00 £
Increased by 6.78 %
from 889,156.00 £
Est sale value
539,902.08 £
Increased by 25.23 %
from 431,115.84 £
Average area rental value
2,558.00 £/mo
Increased by 5.05 %
from 2,435.00 £/mo
Est letting value
1,007.28 £/mo
Unchanged by 0.00 %
from 1,007.28 £/mo
Est rental Yield
3.23 %
Decreased by 1.82 %
from 3.29 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Garrett Whitelock created the listing.

Nearby Schools

NameTypeOfstedDistance
Tower Bridge Primary SchoolCommunity SchoolGood0.25 KM
Snowsfields Primary SchoolCommunity SchoolGood0.54 KM
Grange Primary SchoolCommunity SchoolGood0.59 KM
Kintore Way Children'S CentreChildren's Centre0.77 KM
Kintore Way Nursery School And Children'S CentreLocal Authority Nursery SchoolOutstanding0.77 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Pope Street £ 580,00000.00 KM
Riley Road £ 707,64000.00 KM
Stevens Street £ 338,73800.00 KM
Queen Elizabeth Street £ 000.00 KM
Long Walk £ 618,75000.00 KM

Nearby Transport

NameNLCTLCDistance
London Bridge5148LBG0.92 KM
Fenchurch Street7490FST1.23 KM
Cannon Street5142CST1.73 KM
Liverpool Street6965LST1.95 KM
Moorgate6005MOG2.27 KM

Nearby Listings

AddressPriceTypeScoreDistance
Maltings Place, Tower Bridge Road, London, SE1 £ 750,000BUY5 / 100.00 KM
Tower Bridge Road, London, SE1 £ 425,000BUY5 / 100.00 KM
Maltings Place, Tower Bridge, London £ 399,000BUY6 / 100.01 KM
Maltings Place, Tower Bridge Road, London, SE1 £ 475,000BUY6 / 100.02 KM
Maltings Place, Tower Bridge Road, London, SE1 £ 400,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
2 Whites Grounds £ 130,0000.16 KM
55 Whites Grounds Estate £ 448,1800.21 KM
30 Whites Grounds Estate £ 440,0000.21 KM
48 Whites Grounds Estate £ 450,0000.21 KM
36 Whites Grounds Estate £ 237,5000.21 KM