1/16
£599,995
Flat · 3 beds · 865 sq ft
Spa Road, SE16
0.02 miles away
Leasehold
1/22
1/22
2 bed flat for sale Spa Road, London, SE16
Asking Price
£515,000
Reduced on 01/10/2026
Reduced on 01/10/2026
- Type
- Flat
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- £712 per sq ft
- Tenure
- Leasehold
- 108 years left(from the agent's description)
Service charge £3,542 a year(from the agent's description)Ground rent £379 a year(from the agent's description) EPC Energy rating band B 81
* From the agent's description. Check it with them before you rely on it.
Key features
- Lift
About this property
A superbly presented top floor (fifth floor with a lift) two double bedroom two bathroom apartment with great views and secure allocated underground parking in this gated development on Spa Road offering beautiful communal gardens and situated only a short walk from Bermondsey Jubilee Line Station and a short walk from Maltby Street Market, Shad Thams, Spa Terminus and Enid Street market.
Floorplan
Energy performance
Energy rating band B 81
Current
Potential
92+
A
81-91
B
Current rating: 81 B
Potential rating: 82 B
69-80
C
55-68
D
39-54
E
21-38
F
1-20
G
This home is rated band B, scoring 81 out of 100. The average British home is band D. Its certificate says it could reach band B (82) if the improvements it recommends were carried out.
Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.
Council tax
Ask agent
Per year
- Band A£1,312
- Band B£1,530
- Band C£1,749
- Band D£1,967
- Band E£2,404
- Band F£2,842
- Band G£3,279
- Band H£3,935
The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Southwark, 2026/27 bills run from £1,312 a year in band A to £3,935 in band H.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Southwark, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.
Price guide
100 comparables · within 0.5 milesCheaper than 70% of the 2-bed flats for sale nearby right now.
This home, £515,000 Median £612,500 · £398,996 – £900,000
Per square foot
£712 6% under
2-bed flats nearby £758
Against sold prices
4% over
SE16 sold median £688 / sq ft, 850 sales
Compared with 100 2-bed flats for sale within 0.5 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in SE16 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in SE16 →
Location
Spa Road, London, SE16
Mortgage and stamp duty
Property price £515,000
£257k £773k
Deposit10% £52,000
£0 £515k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £463,000 mortgage. Most lenders would want a household income of about £103,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 20, Weightman House, 124a, Spa Road Flat / maisonette | Flat / maisonette | Dec 2024 | 732 sq ft £833/sq ft | 732 sq ft | £833 | £610,000 |
| 8, Weightman House, 124a, Spa Road Flat / maisonette | Flat / maisonette | Nov 2024 | 495 sq ft £767/sq ft | 495 sq ft | £767 | £380,000 |
| 14, Weightman House, 124a, Spa Road Flat / maisonette | Flat / maisonette | Jan 2024 | 667 sq ft £869/sq ft | 667 sq ft | £869 | £580,000 |
| 22, Weightman House, 124a, Spa Road Flat / maisonette | Flat / maisonette | Nov 2023 | 678 sq ft £833/sq ft | 678 sq ft | £833 | £565,000 |
| 28, Weightman House, 124a, Spa Road Flat / maisonette | Flat / maisonette | Nov 2023 | 678 sq ft £816/sq ft | 678 sq ft | £816 | £553,100 |
| 10, Weightman House, 124a, Spa Road Flat / maisonette | Flat / maisonette | Nov 2022 | 484 sq ft £888/sq ft | 484 sq ft | £888 | £430,000 |
| 9, Weightman House, 124a, Spa Road Flat / maisonette | Flat / maisonette | Oct 2022 | 603 sq ft £982/sq ft | 603 sq ft | £982 | £592,000 |
| 4, Weightman House, 124a, Spa Road Flat / maisonette | Flat / maisonette | Mar 2022 | 689 sq ft £856/sq ft | 689 sq ft | £856 | £590,000 |
Area insights
The neighbourhood around this property.
