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 %
- Est sale value
- 383,583.04 £Increased by 25.23 %
- Average area rental value
- 2,558.00 £/moIncreased by 5.05 %
- Est letting value
- 715.64 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.23 %Decreased by 1.82 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
RW Invest created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Snowsfields Primary School | Community School | Good | 0.20 KM |
| Beormund Primary School | Community Special School | Good | 0.44 KM |
| Grange Primary School | Community School | Good | 0.51 KM |
| St Saviour'S And St Olave'S Church Of England School | Voluntary Aided School | Outstanding | 0.67 KM |
| London Christian School | Other Independent School | 0.78 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| City Walk | £ 0 | 0 | 0.00 KM |
| Kirby Grove | £ 0 | 0 | 0.00 KM |
| Porlock Way | £ 0 | 0 | 0.00 KM |
| Woolyard | £ 0 | 0 | 0.00 KM |
| Lockyer Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| London Bridge | 5148 | LBG | 0.60 KM |
| Cannon Street | 5142 | CST | 1.43 KM |
| Fenchurch Street | 7490 | FST | 1.45 KM |
| Elephant And Castle | 5246 | EPH | 1.69 KM |
| Liverpool Street | 6965 | LST | 2.05 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The BECA, London | £ 650,000 | BUY | 6 / 10 | 0.00 KM |
| The BECA, London | £ 650,000 | BUY | 6 / 10 | 0.00 KM |
| Weston Street, Bermondsey | £ 610,000 | BUY | 7 / 10 | 0.04 KM |
| Weston Street, Bermondsey | £ 460,000 | BUY | 7 / 10 | 0.04 KM |
| Kipling Estate, London Bridge, London | £ 650,000 | BUY | 7 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 30 Leathermarket Court | £ 300,000 | 0.07 KM |
| 5 Leathermarket Court | £ 175,000 | 0.07 KM |
| 82 Leathermarket Court | £ 667,000 | 0.07 KM |
| 19 Leathermarket Court | £ 270,000 | 0.07 KM |
| 48 Leathermarket Court | £ 101,950 | 0.07 KM |