Alscot Way, Bermondsey, SE1
London
£700,000
Listed on 22/10/2026
Listed on 22/10/2026
The listing
Property details
Bedrooms
3Type
End Of TerraceArea
1166 sqftDescription
This three-bedroom freehold home in Bermondsey offers approximately 1,166 sq ft of accommodation arranged around a flexible existing layout, with a family bathroom and generous living space. The property is being sold with scope for modernisation, giving a purchaser the opportunity to update the interiors to suit their needs. Its end-of-terrace position and stated freehold tenure are additional features to consider, subject to legal checks.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
73out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £700,000, this three-bedroom freehold end-of-terrace is priced at about £600 per sq ft, around 32% below the local average—a strong entry point for a buyer looking to create value. The spacious living room, enclosed rear garden and generally intact appearance provide a useful foundation for a medium-scale update.
The main canvas is in the dated interior: the basic kitchen and older bathroom finishes could be replaced, while refreshed decoration and flooring would bring the bedrooms and living spaces together. The renovation range is £45,000–£85,000, so there is meaningful scope to personalise the house while keeping the project focused.
Key opportunities
- Replace the basic, worn-looking kitchen with a more functional contemporary fit-out.
- Refresh the dated bathroom, bedroom finishes and flooring to give the interiors a more cohesive feel.
- Tidy and improve the enclosed paved garden while making the most of the spacious living room and end-of-terrace position.
Key risks
None recorded.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,645
Based on a loan of £525,000 over 30 years at 4.45% 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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