Bombay Street, London, SE16
MO

Bombay Street, London, SE16

By Moveli

£ 565,000

Reviews

3 out of 5 stars

Moveli says ..

Situated in the heart of vibrant Bermondsey, this brand new development offers a mix of 1, 2 and 3 bedroom apartments in a central London location

Property Oracle says ..

This two-bedroom, one-bathroom apartment in South Bermondsey, London, is presented as a modern and well-maintained property. The photos showcase a contemporary interior design with a high-quality finish throughout. The kitchen and bathrooms appear to be newly fitted with modern appliances and fixtures. The apartment benefits from a balcony and its proximity to South Bermondsey train station provides convenient access to other areas of London.

The location in South Bermondsey offers a mix of advantages and disadvantages. The proximity to transport links is beneficial for commuters, and there are several well-rated schools in the area. However, the immediate surroundings visible in the photos suggest a proximity to industrial areas, and the proximity to the rail lines could raise considerations with noise level sensitivity.

The lack of a garden or extensive outdoor space is a typical feature of apartment living in central London. The property’s limited plot size is reflected in the provided data, and this should be taken into consideration for buyers who value larger private outdoor areas.

The list price seems competitive based on what little evidence we have been provided with, but comparative data is limited. While other properties on the same street have higher listed prices, the limited data on those properties does not provide sufficient evidence to determine whether the price is a significant undervaluation. Ultimately, a detailed valuation would require considering many additional local market factors that have not been included in the dataset.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
736.04

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 £
Est sale value
558,654.36 £
Increased by 4.12 %
from 536,573.16 £
Average area rental value
2,317.00 £/mo
Increased by 6.73 %
from 2,171.00 £/mo
Est letting value
2,208.12 £/mo
Unchanged by 0.00 %
from 2,208.12 £/mo
Est rental Yield
6.04 %
Increased by 18.66 %
from 5.09 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Moveli created the listing.

Nearby Schools

NameTypeOfstedDistance
South Bermondsey Children And Parents CentreChildren's Centre0.26 KM
Compass School SouthwarkFree SchoolsGood0.41 KM
Galleywall Primary SchoolFree SchoolsOutstanding0.42 KM
Southwark Park Primary SchoolCommunity SchoolGood0.48 KM
City Of London Academy (Southwark)Academy Sponsor LedGood0.58 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Beatrice Road £ 800,00000.00 KM
Anchor Street £ 000.00 KM
Webster Road £ 000.00 KM
Stork's Road £ 000.00 KM
Barry House £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
South Bermondsey5425SBM0.96 KM
Rotherhithe1039ROE1.44 KM
Wapping1085WPE1.48 KM
Canada Water1659ZCW1.49 KM
New Cross5150NWX1.49 KM

Nearby Listings

AddressPriceTypeScoreDistance
Old Dairy Apartments, Bermondsey, SE16 £ 400,000BUY5 / 100.06 KM
Steel Yard House, Bombay Street, SE16 £ 655,000BUYUnknown0.08 KM
Steel Yard House, Bombay Street, SE16 £ 895,000BUYUnknown0.08 KM
3/5 Bombay Street, London, SE16 £ 870,000BUY6 / 100.08 KM
Blue Anchor Lane, Bermondsey, SE16 £ 500,000BUY7 / 100.13 KM

Nearby Properties

AddressPriceDistance
30 Market Place £ 291,0500.16 KM
39 Blue Anchor Lane £ 500,0000.19 KM
31 Blue Anchor Lane £ 445,0000.19 KM
2 Camilla Road £ 412,0000.20 KM
38 Camilla Road £ 507,0000.20 KM