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3 bed flat for sale

£475,000 Guide price

Balin House, Long Lane, London SE1

3
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Property features

  • Tenure: Leasehold

Property description

Key features:
  • Balin House SE1
  • Three Double Bedrooms
  • Impressive Reception Room
  • Modern Kitchen
  • Superb Location
  • Rental Expectation Circa £535 pw
  • Rental Yield Circa 5.85%
  • Guide Price £475,000 - £500,000

Full description:
An exceptional three double bedroom flat located just off Long Lane enjoying close proximity to London Bridge stations[Jubilee/Northern/Mainline], Borough Market, Guy's Hospital, Bankside and the City via London Bridge.

This extremely well presented ex-local authority flat comprises entrance hall, doors lead to impressive reception room with wood flooring, separate modern fitted kitchen with work tops and fitted cabinets, master bedroom, two further double bedrooms and modern family bathroom. The flat has the benefit of wood flooring, double glazing and pleasant views. London Bridge, the City, Borough Market, Bermondsey Street are all a short walk away.

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £722,484 Sales 454 Current average value £704,418 (Zoopla Zed-Index) Value change -£20,127 ▼ -2.78%

Property value data/graphs for SE1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £760,645 £974 3.1 £880,000
Semi-detached £701,502 £730 3.1 £610,000
Terraced £790,800 £774 3.0 £974,519
Flats £696,885 £940 1.9 £705,660

Current asking prices in SE1

Average: £1,359,948
Avg. current asking prices in SE1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £435,833
(6)
£1,018,490
(10)
£1,778,348
(17)
£762,500
(2)
£1,311,900
(2)
Flats £731,594
(430)
£1,320,486
(521)
£2,665,480
(233)
£3,755,765
(13)
-
All £727,524
(436)
£1,314,799
(531)
£2,605,155
(250)
£3,356,663
(15)
£1,311,900
(2)

Current asking rents in SE1

Average: £2,577 pcm
Avg. current asking prices in SE1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,855 pcm
(13)
£2,701 pcm
(10)
£3,177 pcm
(10)
£3,774 pcm
(11)
£3,293 pcm
(2)
Flats £1,865 pcm
(349)
£2,819 pcm
(420)
£4,118 pcm
(98)
£3,902 pcm
(22)
£3,293 pcm
(2)
All £1,865 pcm
(362)
£2,817 pcm
(430)
£4,031 pcm
(108)
£3,859 pcm
(33)
£3,294 pcm
(4)

Fun facts for SE1

Highest value in SE1
Highest value streets Zed-Index
Holland Street £2,756,386
Whites Grounds £2,519,255
Clink Street £1,801,914
Barkham Terrace £1,508,174
Mill Street £1,502,038
Highest turnover in SE1
Highest turnover streets Turnover
Koops Mill Mews 60.0%
Setchell Road 35.7%
Maltby Street 35.4%
Brewery Square 35.3%
Wilds Rents 33.3%

What Zoopla users think of SE1

Overall rating:

  • currently 4 stars
Very good - 82% (343 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate SE1:

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

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Borough (0.2 miles)
  • London Bridge (0.3 miles)
  • Elephant & Castle (0.6 miles)
  • London City Airport (6.3 miles)
  • London Heathrow Airport (16.1 miles)
  • London Gatwick Airport (24.8 miles)
  • London Bridge City Pier (0.4 miles)
  • Bankside Pier (0.6 miles)
  • Tower Millennium Pier (0.7 miles)

Nearby schools

View all schools in Southwark
  • Beormund Primary School (0.1 miles)
  • London Christian School (0.1 miles)
  • Saint Joseph's Catholic Primary School, the Borough (0.1 miles)
  • King's College London Maths School (1.0 mile)
  • DLD College London (1.1 miles)
  • Westminster School (1.6 miles)
  • Ark Globe Academy (0.4 miles)
  • St Saviour's and St Olave's Church of England School (0.5 miles)
  • Notre Dame Roman Catholic Girls' School (0.8 miles)
Note: Distances are straight line measurements

Local info for Southwark

About the neighbours in SE1

AskMe Q&A for Southwark

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For more information about this property, please contact
Hastings International - London Bridge, SE1 on +44 20 3463 9524 * (local rate)

Monthly running costs Beta

£1,998 Monthly total

Mortgage

Purchase price
Deposit (10%) 47,500
Repayment term 25
Interest rate 1.5
Your payment £1,709 /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 £58/mo (£697/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 £34 Electricity £40 Estimated energy cost £74/mo

Similar properties could save up to £302

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: 11400 kWh/year
Electricity: 3400 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Southwark

Estimated tax band D Council tax cost £126 /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 £16 Sewerage £15 Estimated water cost £31 /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 Hastings International - London Bridge 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 Hastings International - London Bridge, and do not constitute property particulars. Please contact Hastings International - London Bridge 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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