Varcoe Road, Bermondsey, SE16
By Alex & Matteo
£ 300,000
Reviews
4 out of 5 stars
Alex & Matteo says ..
A unique apartment, ideal for some who is looking to get on the property ladder and to be involved with a like-minded community. The property has a bright open plan living area that features a Juliet balcony and a fully equipped kitchen with natural lighting. It also has a spacious double bed...
Property Oracle says ..
The property is located in Bermondsey, South East London, a vibrant and increasingly popular area. The proximity to excellent schools like Ilderton Primary School (Outstanding Ofsted rating) and Galleywall Primary School (also Outstanding) is a significant advantage for families. Public transport links are also readily available, with South Bermondsey train station just 0.32km away, providing easy access to central London. This contributes to a high location score.
Based on the provided images, the property appears to be in excellent condition. It is modern, clean, and well-maintained, showing no signs of wear or needing any renovation. The fixtures and fittings look new, and the overall presentation is very high quality. The modern design and high-quality finish contribute to a high condition score.
While the exact size isnt specified, the property includes a small balcony/roof terrace, offering some outdoor space. Although not a large garden, it still provides some valuable outdoor space, especially in a densely populated urban area like Bermondsey. This contributes to a moderate land score.
Considering the list price of £300,000, the average price in the area of £294,997, and the average price per square foot of £262, the property seems reasonably priced. While the provided square footage (347 sqft) is significantly smaller than the area average (1124 sqft), the modern condition, excellent location, and included outdoor space justify the price. The relatively low price compared to nearby properties also suggests it represents good value. This contributes to a high price score.
The property benefits from being modern and well-presented. The images show a well-designed interior with a modern kitchen and bathroom.
Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 10
- Location
- 9
- Land
- 5
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 347.00
- Lot (est)
- 427.00
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
- 448,750.00 £Increased by 43.15 %
- Est sale value
- 121,450.00 £Increased by 2.64 %
- Average area rental value
- 1,650.00 £/moIncreased by 60.98 %
- Est letting value
- 347.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.41 %Increased by 12.50 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Alex & Matteo created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ilderton Primary School | Community School | Outstanding | 0.15 KM |
| Pilgrims' Way Primary School | Community School | Good | 0.55 KM |
| Pilgrims Way Primary School & Children'S Centre | Children's Centre | 0.57 KM | |
| Galleywall Primary School | Free Schools | Outstanding | 0.65 KM |
| Treasure House (London) Cic | Other Independent Special School | Good | 0.83 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Stockholm Road | £ 0 | 0 | 0.00 KM |
| Rollins Street | £ 569,000 | 0 | 0.00 KM |
| Patterdale Road | £ 0 | 0 | 0.00 KM |
| Edenbridge Close | £ 0 | 0 | 0.00 KM |
| Barry House | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| South Bermondsey | 5425 | SBM | 0.32 KM |
| Surrey Quays | 1083 | SQE | 1.25 KM |
| Queens Road Peckham | 5424 | QRP | 1.33 KM |
| Canada Water | 1659 | ZCW | 1.55 KM |
| New Cross | 5150 | NWX | 1.55 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Varcoe Road, Bermondsey, SE16 | £ 300,000 | BUY | 8 / 10 | 0.00 KM |
| Varcoe Road, Bermondsey, SE16 | £ 280,000 | BUY | 5 / 10 | 0.03 KM |
| Varcoe Road, London, SE16 | £ 350,000 | BUY | 5 / 10 | 0.05 KM |
| Varcoe Road, Bermondsey | £ 450,000 | BUY | 6 / 10 | 0.12 KM |
| Varcoe Road, Bermondsey, SE16 | £ 300,000 | BUY | 8 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 15 Gerards Close | £ 110,000 | 0.07 KM |
| 7 Gerards Close | £ 455,000 | 0.07 KM |
| 20 Gerards Close | £ 280,000 | 0.07 KM |
| 24 Gerards Close | £ 125,500 | 0.07 KM |
| 11 Gerards Close | £ 205,000 | 0.07 KM |