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1 bed flat for sale

£375,000

Spa Road, Bermondsey SE16

1 bed flat for sale 1 1 1
Interested in this property? Call +44 20 8115 3711 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • One double bedroom
  • Gated development
  • Top floor
  • Short walk to Tube
  • 512 sqft / 47.5 sqm
  • Juliet Balcony
  • Built 2009
  • EPC Rating: C

Property description

A contemporary top floor apartment with west-facing aspect within a gated development close to Bermondsey Tube station and London Bridge. It boasts a spacious open-plan living area with Juliet balcony, fitted wardrobes, hallway storage and use of an attractive communal garden. Chain free.

This modern home is on the third floor and boasts a quiet and bright outlook. The excellent layout includes a welcoming entrance hall (space for a desk), the reception offers plenty of space to relax and dine, the kitchen has numerous units and a large amount of countertop space, while a super-king size bed currently fits comfortably in the bedroom, alongside the fitted mirrored wardrobes. Additional benefits include, communal bicycle store, secure entry phone system and lift access.

Forming part of the Keyse Development, which was completed in 2009 and surrounds a beautifully landscaped communal garden. Located between Bermondsey Tube Station and the hustle and bustle of Bermondsey Street, with its many quirky shops, cafes and restaurants, you will be able take advantage of all that London has to offer while enjoying the peaceful setting of the property itself. The green spaces of Bermondsey Spa Gardens and Southwark Park are only a short walk away, along with the trendy Maltby Street Market.

Leasehold. The service charge is £2,703.75 for 2024(including £1,049.95 reserve contribution), plus £387.95 for building insurance. The ground rent is £378.67 per annum (next review due in March 2027) and the lease has 109 years remaining. Southwark Council Tax Band: D.<br /><br />

Property info

Floorplan(s): Floorplan

Floorplan View original

Property value data/graphs for SE16

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £796,334 £554 3.4 -
Semi-detached £631,013 £600 3.0 £558,333
Terraced £616,123 £610 3.0 £697,089
Flats £496,253 £636 1.9 £438,607

Current asking prices in SE16

Average: £593,118
Avg. current asking prices in SE16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £382,000
(5)
£685,000
(4)
£895,714
(7)
£1,054,091
(11)
£1,837,500
(4)
Flats £406,004
(107)
£580,372
(169)
£863,768
(39)
£1,146,250
(4)
£575,000
(1)
All £404,933
(112)
£582,791
(173)
£868,629
(46)
£1,078,667
(15)
£1,585,000
(5)

Current asking rents in SE16

Average: £2,333 pcm
Avg. current asking prices in SE16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £973 pcm
(13)
£2,706 pcm
(7)
£2,982 pcm
(9)
£3,912 pcm
(9)
-
Flats £1,690 pcm
(76)
£2,583 pcm
(91)
£3,250 pcm
(24)
£3,630 pcm
(5)
-
All £1,585 pcm
(89)
£2,592 pcm
(98)
£3,177 pcm
(33)
£3,811 pcm
(14)
-

Fun facts for SE16

Highest value in SE16
Highest value streets Zed-Index
Bermondsey Wall East £1,578,520
Pageant Crescent £1,275,352
Sovereign Crescent £1,058,365
Cookham Crescent £969,455
Janeway Street £935,416
Highest turnover in SE16
Highest turnover streets Turnover
Bermondsey Wall East 50.0%
Orange Place 35.7%
Edward Square 34.0%
Heron Place 26.7%
Paradise Street 26.1%
Arrange Viewing

For more information about this property, please contact
Urban Patchwork, SE16 on +44 20 8115 3711 * (local rate)

Monthly running costs Beta

£1,607 Monthly total

Mortgage

Purchase price
Deposit (10%) 37,500
Repayment term 25
Interest rate 2.0
Your payment £1,430 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £10/mo (£123/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £19 Electricity £31 Estimated energy cost £50/mo

Similar properties could save up to £145

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6900 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Southwark

Estimated tax band B Council tax cost £98 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £10 Estimated water cost £19 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Urban Patchwork about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Urban Patchwork, and do not constitute property particulars. Please contact Urban Patchwork for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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