Flat 1, 1 Alscot Road, Bermondsey, London, SE1 3AU
SA

Flat 1, 1 Alscot Road, Bermondsey, London, SE1 3AU

By Savills

£ 325,000

Reviews

2 out of 5 stars

Savills says ..

Auction Sale - 12/02/2025 A two bedroom ground floor flat, forming part of a purpose built block, benefitting from a private balcony, in need of modernisation, well located for the transport links and amenities of Bermondsey. Vacant.By Order of a Housing Association.

Property Oracle says ..

This two-bedroom flat in Bermondsey, London, presents a mixed opportunity. The location in South Bermondsey offers a good balance of convenience and community. Proximity to London Bridge station ensures excellent transport links to central London and beyond. The presence of highly-rated schools nearby enhances the area’s family-friendly appeal. However, the property itself is in significant need of renovation. The interior photographs reveal considerable wear and tear, including damaged flooring and walls. A full refurbishment would be necessary to bring the property up to a modern, habitable standard. The absence of a garden or significant outdoor space is a further consideration. The listing price of £325,000 should be evaluated carefully against the cost of the required renovations. While the location is desirable, the condition of the property necessitates a comprehensive budget for refurbishment. Potential buyers should factor in these costs when assessing the overall value proposition. The lack of key property data such as square footage makes a detailed comparison with similar properties difficult. However, based on the available information, a thorough survey and cost estimate for renovation are essential before making an offer.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
2
Bathrooms
0

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 £
Average area rental value
2,317.00 £/mo
Increased by 6.73 %
from 2,171.00 £/mo
Est rental Yield
6.04 %
Increased by 18.66 %
from 5.09 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Savills created the listing.

Nearby Schools

NameTypeOfstedDistance
Harris Academy BermondseyAcademy Sponsor LedOutstanding0.26 KM
Kintore Way Nursery School And Children'S CentreLocal Authority Nursery SchoolOutstanding0.36 KM
Kintore Way Children'S CentreChildren's Centre0.36 KM
Boutcher Church Of England Primary SchoolVoluntary Aided SchoolOutstanding0.39 KM
Spa School, BermondseyAcademy Special Converter0.66 KM

Images

Flat 1, 1 Alscot Road, Bermondsey, London, SE1 3AU Flat 1, 1 Alscot Road, Bermondsey, London, SE1 3AU Flat 1, 1 Alscot Road, Bermondsey, London, SE1 3AU Flat 1, 1 Alscot Road, Bermondsey, London, SE1 3AU Flat 1, 1 Alscot Road, Bermondsey, London, SE1 3AU Flat 1, 1 Alscot Road, Bermondsey, London, SE1 3AU Flat 1, 1 Alscot Road, Bermondsey, London, SE1 3AU Flat 1, 1 Alscot Road, Bermondsey, London, SE1 3AU Flat 1, 1 Alscot Road, Bermondsey, London, SE1 3AU

Nearby Streets

NameAverage PriceAverage SqftDistance
Keyse Road £ 579,99800.00 KM
Spa Arch Lane £ 605,00000.00 KM
Spa Road £ 000.00 KM
Rouel Road £ 000.00 KM
Tannery Square £ 731,25000.00 KM

Nearby Transport

NameNLCTLCDistance
London Bridge5148LBG1.87 KM
Fenchurch Street7490FST2.01 KM
South Bermondsey5425SBM2.13 KM
Wapping1085WPE2.16 KM
Rotherhithe1039ROE2.40 KM

Nearby Listings

AddressPriceTypeScoreDistance
Vauban Estate, South Bermondsey, SE16 £ 350,000BUY4 / 100.04 KM
Alscot Road, Bermondsey £ 400,000BUY6 / 100.07 KM
Alscot Road, Bermondsey £ 425,000BUY6 / 100.07 KM
Henley Drive, London £ 385,000BUY6 / 100.09 KM
Henley Drive, Bermondsey, SE1 £ 650,000BUY6 / 100.10 KM

Nearby Properties

AddressPriceDistance
30 Vauban Estate £ 249,9950.02 KM
29 Vauban Estate £ 147,0000.02 KM
47 Vauban Estate £ 120,0000.02 KM
42 Henley Drive £ 195,0000.10 KM
24 Henley Drive £ 69,4000.10 KM