Southerngate Way, New Cross, SE14
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Southerngate Way, New Cross, SE14

By Conran Estates

£ 350,000

Reviews

2 out of 5 stars

Conran Estates says ..

With a super long lease of 964 years, this ground floor apartment is offered chain free and benefits French doors from the lounge onto a small communal garden.

Property Oracle says ..

This two-bedroom apartment in New Cross, SE14, presents a mixed bag. Its location offers easy access to public transport via New Cross Gate station, and is within reasonable proximity to several schools. This makes it potentially attractive to families or commuters. However, the property’s size at 552 sqft and lack of private outdoor space might be a significant drawback for some buyers. While the interior appears functional and reasonably clean, it could benefit from some modernisation and cosmetic updates to the kitchen and bathroom to enhance its appeal. The overall condition is fair but not outstanding. The list price of £350,000 requires further scrutiny due to the limited information available regarding comparable properties in the vicinity. It is reasonable given other apartment prices in the area but the lack of specific information on square footage makes a definitive judgement on value difficult. Overall, this property may suit first-time buyers or investors seeking an affordable option in a reasonably convenient location, understanding that some improvements would be needed. A full survey and valuation from a qualified professional is highly recommended before committing to any sale.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
552.19

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 %
from 420,864.00 £
Est sale value
370,519.49 £
Increased by 32.87 %
from 278,855.95 £
Average area rental value
1,957.00 £/mo
Decreased by 1.31 %
from 1,983.00 £/mo
Est letting value
1,656.57 £/mo
Increased by 50.00 %
from 1,104.38 £/mo
Est rental Yield
5.74 %
Increased by 1.59 %
from 5.65 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Conran Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Childeric Primary SchoolAcademy Converter0.12 KM
St James'S Hatcham Church Of England Primary SchoolVoluntary Aided SchoolGood0.28 KM
Deptford Green SchoolCommunity SchoolRequires improvement0.31 KM
Kings Kids Christian SchoolOther Independent SchoolGood0.43 KM
Goldsmiths College, University Of LondonHigher Education Institutions0.49 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
St James's £ 000.00 KM
Auburn Close £ 300,00000.00 KM
Bawtree Road £ 675,00000.00 KM
Primrose Walk £ 475,00000.00 KM
Cottesbrook Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
New Cross Gate5345NXG0.25 KM
Brockley5404BCY1.37 KM
Deptford5145DEP1.42 KM
Nunhead5068NHD1.85 KM
St Johns5059SAJ1.98 KM

Nearby Listings

AddressPriceTypeScoreDistance
Southerngate Way, New Cross, SE14 £ 350,000BUY5 / 100.00 KM
Goodwood Road New Cross SE14 £ 500,000BUYUnknown0.08 KM
Bond House, Goodwood Road, SE14 £ 400,000BUYUnknown0.09 KM
Goodwood Road, New Cross £ 400,000BUY6 / 100.09 KM
Goodwood Road, New Cross £ 510,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
40 Southerngate Way £ 205,0000.04 KM
41 Southerngate Way £ 237,5000.04 KM
13 Southerngate Way £ 200,0000.04 KM
10 Southerngate Way £ 275,0000.04 KM
43 Southerngate Way £ 190,0000.04 KM