2 Bed Flat, Single Let, London, SE22 0RR, £750,000

Forest Hill Road, East Dulwich, SE22 0RR - a year ago

Leasehold
BTL
~181 m²
+21 photos

ValuationUndervalued

Sold Prices£250K - £680K
Sold Prices/m²£5K/m² - £10.8K/m²

 

 

Square Metres

~181.34 m²
Price/m²£4.1K/m²

Value Estimate

£922,500
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£66,200

Total Cash In

£253,700

 

 

Cash Out

 

Rent Range

£1,600 - £3,500

Rent Estimate

£1,750

Running Costs/mo

£2,714

Cashflow/mo

£-964

Cashflow/yr

£-11,565

Gross Yield

3%

Local Sold Prices

50 sold prices from £250K to £680K, average is £531.3K. £5K/m² to £10.8K/m², average is £7.8K/m².

PriceDateDistanceAddressBeds 
£580K06/230 mi52, Forest Hill Road, London, Greater London SE22 0RR2
£540K05/230.14 mi84b, Forest Hill Road, London, Greater London SE22 0RS2
£490K03/230.14 mi114a, Forest Hill Road, London, Greater London SE22 0RS2
£440K03/210.15 miFlat 25, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£386.5K11/200.15 miFlat 45, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£430K02/210.15 miFlat 50, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£407.5K06/210.16 miFlat 48, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£575K01/210.18 mi237a, Underhill Road, London, Greater London SE22 0PB2
£410K06/210.2 mi34, Therapia Road, London, Greater London SE22 0SE2
£522.5K09/210.21 mi19a, Crebor Street, London, Greater London SE22 0HF2
£550K06/230.21 mi273b, Underhill Road, London, Greater London SE22 0PA2
£615K11/200.24 mi99, Dunstans Road, London, Greater London SE22 0HD2
£555K02/210.24 mi95, Dunstans Road, London, Greater London SE22 0HD2
£410K02/230.25 miFlat 11, Claude Monet Court, Underhill Road, London, Greater London SE22 0BZ2
£642K06/210.25 mi134a, Friern Road, London, Greater London SE22 0AY2
£540K05/230.26 miLower Flat, 112, Dunstans Road, London, Greater London SE22 0HE2
£490K06/210.26 miLower Flat, 112, Dunstans Road, London, Greater London SE22 0HE2
£600K03/210.26 mi23b, Marmora Road, London, Greater London SE22 0RX2
£495K01/210.26 mi17, Hillcourt Road, London, Greater London SE22 0PF2
£600K12/200.27 mi35b, Marmora Road, London, Greater London SE22 0RX2
£600K09/210.27 mi29b, Marmora Road, London, Greater London SE22 0RX2
£453.2K02/210.27 miGround Floor Flat, 61, Upland Road, London, Greater London SE22 0DA2
£585K07/210.32 mi6, Overhill Road, London, Greater London SE22 0PH2
£540K09/210.32 mi108, Goodrich Road, London, Greater London SE22 0ER2
£425K06/230.32 miFlat B, 48, Barry Road, London, Greater London SE22 0HP2
£420K05/210.32 mi122, Barry Road, London, Greater London SE22 0HP2
£375K01/210.33 mi91a, Goodrich Road, London, Greater London SE22 0EP2
£340K07/230.35 mi184, Wood Vale, London, Greater London SE23 3EA2
£390K03/230.39 mi20, Honor Oak Rise, London, Greater London SE23 3RA2
£355K01/210.39 miFlat 34, Cityview Court, Overhill Road, London, Greater London SE22 0PZ2
£575K03/230.39 mi49c, Darrell Road, London, Greater London SE22 9NJ2
£565K06/210.39 mi49a, Darrell Road, London, Greater London SE22 9NJ2
£645K06/210.42 mi218, Friern Road, London, Greater London SE22 0BB2
£545K01/210.43 mi156b, Dunstans Road, London, Greater London SE22 0ES2
£643K03/210.43 mi176b, Dunstans Road, London, Greater London SE22 0ES2
£610K09/210.44 mi259, Crystal Palace Road, London, Greater London SE22 9JH2
£505K06/210.44 mi278c, Crystal Palace Road, London, Greater London SE22 9JH2
£615K01/210.44 miGround Floor Flat, 271, Crystal Palace Road, London, Greater London SE22 9JH2
£508K01/210.45 miGround Floor Flat, 186, Crystal Palace Road, London, Greater London SE22 9EP2
£309K06/210.46 miFlat 26, Welland House, Peckham Rye, London, Greater London SE15 3JG2
£632.5K12/200.47 mi73a, Overhill Road, London, Greater London SE22 0PQ2
£600K02/230.48 mi12b, Rodwell Road, London, Greater London SE22 9LF2
£250K11/200.49 miFlat 28, Frome House, Peckham Rye, London, Greater London SE15 3JE2
£600K11/200.5 mi177a, Peckham Rye, London, Greater London SE15 3HZ2
£405K03/210.51 mi53, Greystead Road, London, Greater London SE23 3SD2
£577K04/210.52 mi6a, North Cross Road, East Dulwich, London, Greater London SE22 9EU2
£400K05/230.52 mi10, North Cross Road, East Dulwich, London, Greater London SE22 9EU2
£373K05/210.54 miFlat 57, Brookstone Court, Peckham Rye, London, Greater London SE15 3UW2
£680K08/210.54 mi36, Thompson Road, London, Greater London SE22 9JR2
£345K01/230.54 miGround Floor Flat, 51, Oakhurst Grove, London, Greater London SE22 9AH2

Local Rents

48 rents from £1.6K/mo to £3.5K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,20003/250.03 mi-2
£1,80009/240.08 mi-2
£2,40008/240.13 miBalchier Road, East Dulwich, SE222
£2,40008/240.13 mi-2
£2,60010/240.15 mi-2
£2,25008/240.16 miForest Hill Road, Dulwich, London, SE222
£2,40011/240.16 mi-2
£1,85008/240.17 miPeckham Rye, Peckham Rye2
£1,98508/240.17 miMundania Court, London, SE222
£1,98508/240.17 mi-2
£1,80008/240.18 miUnderhill Road2
£1,75012/240.19 mi-2
£1,80009/240.23 mi-2
£1,90010/240.24 mi-2
£1,80008/240.24 miDunstans Road, East Dulwich, SE222
£2,40012/240.25 mi-2
£2,40001/250.26 mi-2
£2,27002/250.26 mi-2
£1,80002/240.26 mi-2
£1,60008/240.28 miHillcourt Road Dulwich SE222
£2,35002/250.29 mi-2
£3,50012/240.31 mi-2
£2,25003/250.33 mi-2
£2,30001/250.33 mi-2
£2,25003/250.33 mi-2
£2,50009/240.33 mi-2
£2,50008/240.33 miWoodvale Road, Forest Hill, SE232
£1,75008/240.33 miBarry Road, East Dulwich2
£2,10002/250.34 mi-2
£2,00008/240.34 miBarry Road, SE222
£2,30008/240.34 miMarmora Road East Dulwich SE222
£2,40008/240.35 miBass Mews, East Dulwich, London, SE222
£2,00008/240.36 mi-2
£2,20008/240.37 miBarry Road, SE222
£2,30008/240.37 miBarry Road, East Dulwich, London, SE222
£1,80009/240.38 miCanonbie Road 2
£1,90008/240.38 miCanonbie Road Forest Hill SE232
£1,90008/240.38 mi-2
£2,60008/240.38 miWood Vale London SE232
£2,40001/250.38 mi-2
£2,00008/240.4 miLandells Road, East Dulwich, London, SE222
£2,50008/240.4 miSilvester Road, East Dulwich, London, SE222
£2,10003/250.41 mi-2
£2,00008/240.41 miHonor Oak Rise, Honor Oak Park, London, SE232
£1,98011/240.41 mi-2
£2,41509/240.42 mi-2
£2,05010/240.43 mi-2
£2,10002/250.43 mi-2

Local Area Statistics

Population in SE22

29,687

Population in London

4,771,921

Town centre distance

5.48 miles away

Nearest school

0.30 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Price changed to £750,000

March 8, 2025

Listed for £850,000

March 8, 2024

Floor Plans

Description

Fans of space are going to love this place! It is a bright and gigantic Victorian upper-floored apartment of circa 1950 square feet, just over the street from Peckham Rye Park and Common, in Peckham Rye/East Dulwich borderland. And your luck is seriously in: the sellers are selling without a chain.

Enjoy your own front door/entrance hall (with great storage), high ceilings, three bedrooms, loads of reception space, and a main bathroom plus separate w.c. You also have bonus features including a utility/store, and a large windowed top landing: a delightful home office/study area.

The location is also a winner: Peckham Rye Park and Common's 113 acres is mere strides away, as is a bank of local shops, including a handy Co-Op store. Buses run along your street to Peckham Rye Station, or walk there or to nearby Honor Oak Park Station - both offer regular and Overground services. Lordship Lane and North Cross Road are also close.

In your own rouge front door and you land in a little lobby then a hefty hall, with three big built-in storage cupboards and an attractive original bannister setting the scene and leading the eye up.

Up to the first floor and you will find your huge front reception room resting to your right - this is over 15 feet by nearly 18 feet. You could make it a fourth bedroom if you preferred as there is ample reception space already going on. Your large windows face east: enjoy great morning sun. Off this room is a little lean-to via part-glazed French doors, which the current owners use as an independent utility/store.

Next up is the enormous kitchen/dining room/reception, which runs over 24 feet by over 11 feet. There is lots of room for seating and dining in here. Really smart kitchen counters and units impress. Open west-facing double doors to a very sunny and private decked terrace area.

Up a few stairs to the mid-landing and you have an independent w.c. and your first bedroom: a neat single with a double-glazed casement window.

The second floor delivers two large double bedrooms - the front one is over 15 feet each way, the rear one is 14 feet by nearly 12 feet, and you can directly access your second private sunny terrace here.

A swanky bathroom completes the tour - with monochrome and trendy terrazzo detail plus contemporary sanitary ware including a double basin. You also have plumbed and concealed utility space (just genius!).

We've mentioned Peckham Rye Park and Common. There are loads of fab green spaces to call local. Horniman Gardens is gorgeous, as is One Tree Hill.

In addition to the run of handy local shops by the flat, enjoy those on Lordship and Rye Lanes, as well as those of Honor Oak and Nunhead centres.

Your local cinemas are East Dulwich Picturehouse and Peckham Plex Cinema, and for social meets, Watson's General Telegraph and The Herne Tavern are your closest public houses - both in handsome Victorian buildings and with big outside areas.

Bellenden Road also isn't far for top restaurants including Artusi, The Begging Bowl and Ganapati. Other great dining options in SE15 include Banh Banh, Mr Bao, Miss Tapas, Levan, The Coal Rooms and Peckham Bazaar.

East Dulwich leisure centre is a short stroll away, or you can sign yourself up for British Military Fitness workouts on Peckham Rye!

Kids? Local nurseries and primaries are well-regarded and include Horniman, Fairlawn and Goodrich.

Tenure: Leasehold (approx. 115 years remaining)
Service charge: Approx £600 per annum buildings insurance
Council tax band: C
Borough: Southwark

Agent Details

Munday's, London

020 3909 6611

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪