The BECA, London
RW

The BECA, London

By RW Invest

£ 474,950

Reviews

3 out of 5 stars

RW Invest says ..

Premium 1-Bed Apartment in Prime Central London. 5% Projected Rental Yield!

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom apartment located in the Leathermarket Street area of London. It’s a new build apartment in a modern development, The Beca. The location is excellent, with several highly-rated primary schools within a short distance (Snowsfields Primary School, Beormund Primary School, Grange Primary School, St Saviour’s And St Olave’s Church Of England School). London Bridge station is also conveniently located just 0.60 KM away, providing easy access to the wider London transport network. Based on the images provided, the apartment appears to be in excellent condition. It is modern, newly built, and features contemporary fixtures and fittings. There is no evidence of any significant repairs or renovations needed. The property does not appear to include any outdoor space, such as a garden or patio. The plot size is listed as 0.00 sqft. The list price of £474,950 is significantly lower than the average price of £1,050,482 for properties in the area. However, the average sqft price in the area is £1090, and this property is 357.82 sqft. This would put the expected price at approximately £390,000. Therefore, while the property is priced below the average, it is not unreasonably low given its size and location. The nearby listings of similar properties in The Beca development are significantly more expensive, suggesting this property may be undervalued. However, without further information on the specific features and aspects of those properties, a definitive conclusion cannot be reached.

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
8
Condition
10
Location
10
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
357.82

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
383,583.04 £
Increased by 25.23 %
from 306,293.92 £
Average area rental value
2,558.00 £/mo
Increased by 5.05 %
from 2,435.00 £/mo
Est letting value
715.64 £/mo
Unchanged by 0.00 %
from 715.64 £/mo
Est rental Yield
3.23 %
Decreased by 1.82 %
from 3.29 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • RW Invest created the listing.

Nearby Schools

NameTypeOfstedDistance
Snowsfields Primary SchoolCommunity SchoolGood0.20 KM
Beormund Primary SchoolCommunity Special SchoolGood0.44 KM
Grange Primary SchoolCommunity SchoolGood0.51 KM
St Saviour'S And St Olave'S Church Of England SchoolVoluntary Aided SchoolOutstanding0.67 KM
London Christian SchoolOther Independent School0.78 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
City Walk £ 000.00 KM
Kirby Grove £ 000.00 KM
Porlock Way £ 000.00 KM
Woolyard £ 000.00 KM
Lockyer Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
London Bridge5148LBG0.60 KM
Cannon Street5142CST1.43 KM
Fenchurch Street7490FST1.45 KM
Elephant And Castle5246EPH1.69 KM
Liverpool Street6965LST2.05 KM

Nearby Listings

AddressPriceTypeScoreDistance
The BECA, London £ 650,000BUY6 / 100.00 KM
The BECA, London £ 650,000BUY6 / 100.00 KM
Weston Street, Bermondsey £ 610,000BUY7 / 100.04 KM
Weston Street, Bermondsey £ 460,000BUY7 / 100.04 KM
Kipling Estate, London Bridge, London £ 650,000BUY7 / 100.06 KM

Nearby Properties

AddressPriceDistance
30 Leathermarket Court £ 300,0000.07 KM
5 Leathermarket Court £ 175,0000.07 KM
82 Leathermarket Court £ 667,0000.07 KM
19 Leathermarket Court £ 270,0000.07 KM
48 Leathermarket Court £ 101,9500.07 KM