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Credon Road, Bermondsey, London, SE16 - Image 1
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Credon Road, Bermondsey, London, SE16

London

£610,000
Listed on 20/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
930 sqft

Description

This substantial three-bedroom home provides a noteworthy opportunity for renovation and investment, featuring a well-appointed garden office equipped with air conditioning and off-street parking. Nestled at the end of a quiet road, the property enjoys tranquility while remaining conveniently close to local amenities and South Bermondsey Station. Additionally, highly regarded primary schools are within walking distance, making it an appealing choice for families. The house spans over 900 SqFt, offering generous living space and the potential to extend subject to planning permission. This property presents a rare opportunity in a competitive market, ideal for those looking to enhance its value through thoughtful renovations.

Investment Analysis

(SE16 area)

Below Market Value

This property is priced -4.3% below area average per sq ft

-4.3%
Potential saving
This Property
£656/sq ft
Area Average
£686/sq ft
Avg Rent (weekly)
£532
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£701,369
10% above area average per sq ft
Potential ROI
+7.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SE16)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -3.3%
5 year growth: +1.5%
Investment Disclaimer: Analysis based on SE16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Credon Road, Bermondsey, London, SE16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,200
Based on a loan of £457,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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