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Studio for sale

£225,000

Myers Lane, London SE14

1 1
Interested in this property? Call +44 20 8166 1764 * or

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Property features

  • Shops and amenities nearby
  • Fitted Kitchen
  • Close to public transport
  • Parking

Property description

Versatile studio flat with separate sleeping area in well kept block. Excellent pied-a-terre, first rung on the property ladder or buy-to-let investment. Myers Lane is very popular with owner occupiers and tenants alike. The flat is smart and well presented and has off street parking. New Cross Gate, South Bermondsey and Surrey Quays stations are all within easy reach so getting around is oh so easy! New Cross High Street has plenty to offer, with supermarkets, shops and essential amenities. The property is offered with no onward chain. Long lease with just over 161 years remaining.

Entrance Hall

Fitted carpet, airing cupboard housing hot water tank, entry phone.

Living Area (16'11 x 12'2)

Fitted carpet, window to rear, radiator.

Kitchen (7'2 x 6')

Fitted kitchen with wall and base units, fitted shelving, laminated worktops, space for fridge freezer, space for cooker, space and plumbing for washing machine, tiled splashbacks window to rear, vinyl flooring.

Separate Sleeping Area (10'7 x 6'4)

Fitted carpet, window to rear, radiator.

Bathroom (7'4 x 5'7)

Three piece suite in white comprising panelled bath with electric shower over, pedestal wash hand basin and low level WC, acrylic splashbacks, radiator, vinyl flooring, extractor fan.

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £457,407 Sales 147 Current average value £427,603 (Zoopla Zed-Index) Value change £7,917 ▲ 1.89%

Property value data/graphs for SE14

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £765,202 £486 3.2 -
Semi-detached £796,043 £569 3.8 £640,750
Terraced £583,397 £552 3.2 £654,265
Flats £313,305 £581 1.8 £341,778

Current asking prices in SE14

Average: £507,993
Avg. current asking prices in SE14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £575,000
(1)
£656,811
(22)
£827,488
(8)
£1,325,990
(5)
Flats £299,438
(30)
£426,958
(38)
£524,374
(8)
- -
All £299,438
(30)
£430,753
(39)
£621,495
(30)
£827,488
(8)
£1,325,990
(5)

Current asking rents in SE14

Average: £1,409 pcm
Avg. current asking prices in SE14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,171 pcm
(5)
£1,413 pcm
(4)
£2,152 pcm
(4)
£2,436 pcm
(7)
£2,882 pcm
(1)
Flats £1,203 pcm
(46)
£1,407 pcm
(26)
£1,522 pcm
(3)
£2,002 pcm
(2)
£2,695 pcm
(1)
All £1,200 pcm
(51)
£1,407 pcm
(30)
£1,882 pcm
(7)
£2,340 pcm
(9)
£2,788 pcm
(2)

Fun facts for SE14

Highest value in SE14
Highest value streets Zed-Index
Erlanger Road £800,691
Waller Road £716,833
Bousfield Road £712,092
Arbuthnot Road £699,942
Jerningham Road £623,385
Highest turnover in SE14
Highest turnover streets Turnover
Silver Close 36.8%
Bridge Meadows 29.0%
Water Lane 26.1%
Pagnell Street 24.0%
Hatcham Park Mews 23.5%

What Zoopla users think of SE14

Overall rating:

  • currently 4 stars
Very good - 78% (84 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate SE14:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • South Bermondsey (0.5 miles)
  • New Cross Gate (0.6 miles)
  • New Cross Gate (0.6 miles)
  • London City Airport (4.7 miles)
  • London Heathrow Airport (17.9 miles)
  • London Gatwick Airport (23.9 miles)
  • Greenland Pier (1.0 mile)
  • Masthouse Terrace Pier (1.1 miles)
  • Greenwich Pier (1.6 miles)

Nearby schools

View all schools in Lewisham
  • Sir Francis Drake Primary School (0.3 miles)
  • Ilderton Primary School (0.4 miles)
  • Pilgrims' Way Primary School (0.4 miles)
  • Treasure House London Cic (0.7 miles)
  • Bellerbys College London (1.1 miles)
  • Bosco Centre College (1.2 miles)
  • Deptford Green School (0.5 miles)
  • Marathon Science School (0.6 miles)
  • Cavendish School (0.7 miles)
Note: Distances are straight line measurements

Local info for Lewisham

About the neighbours in SE14

AskMe Q&A for Lewisham

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For more information about this property, please contact
Reside, SE14 on +44 20 8166 1764 * (local rate)

Monthly running costs Beta

£1,001 Monthly total

Mortgage

Purchase price
Deposit (10%) 22,500
Repayment term 25
Interest rate 1.5
Your payment £809 /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 £26/mo (£310/yr) 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 £23 Electricity £28 Estimated energy cost £51/mo 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

Lewisham

Estimated tax band A Council tax cost £96 /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 Reside 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 Reside, and do not constitute property particulars. Please contact Reside 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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