2 Bed Flat, Single Let, London, SE15 3PH, £450,000

Peckham Rye, Peckham Rye, SE15 3PH - 9 months ago

Under Offer
Leasehold
BTL
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£250K - £780K
Sold Prices/m²£5.8K/m² - £14.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.6K/m²

Value Estimate

£488,129
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£1,800 - £3,450

Rent Estimate

£1,825

Running Costs/mo

£1,791

Cashflow/mo

£34

Cashflow/yr

£405

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £250K to £780K, average is £460K. £5.8K/m² to £14.8K/m², average is £7.2K/m².

PriceDateDistanceAddressBeds 
£460K09/210 miFlat 15, Howard Court, Peckham Rye, London, Greater London SE15 3PH2
£375K03/210.08 miFlat 10, Goodwin House, Nunhead Crescent, London, Greater London SE15 3PG2
£440K01/230.08 miFlat 10, Goodwin House, Nunhead Crescent, London, Greater London SE15 3PG2
£360K06/230.09 miFlat 31, Tilling House, Nunhead Estate, London, Greater London SE15 3PQ2
£530K01/210.16 mi33a, Fenwick Road, London, Greater London SE15 4HS2
£600K06/210.17 mi52, Nunhead Lane, London, Greater London SE15 3TU2
£400K06/230.18 miFlat 6, Mayfair Court, Fenwick Road, London, Greater London SE15 4HR2
£426K10/210.2 mi79, Manaton Close, London, Greater London SE15 3PW2
£470K06/210.21 mi67, Manaton Close, London, Greater London SE15 3PW2
£625K03/210.24 mi14b, Howden Street, London, Greater London SE15 4LB2
£373K05/210.26 miFlat 57, Brookstone Court, Peckham Rye, London, Greater London SE15 3UW2
£528K01/210.26 mi54b, Keston Road, London, Greater London SE15 4JB2
£415K01/210.26 mi40b, Linden Grove, London, Greater London SE15 3LF2
£575K11/200.32 mi23b, Adys Road, London, Greater London SE15 4DX2
£600K11/200.33 mi50b, Adys Road, London, Greater London SE15 4DZ2
£780K11/210.33 mi57a, Choumert Road, London, Greater London SE15 4AR2
£460K04/210.33 miSecond Floor Flat At, 27, Oakhurst Grove, London, Greater London SE22 9AH2
£600K11/200.34 mi177a, Peckham Rye, London, Greater London SE15 3HZ2
£345K01/230.36 miGround Floor Flat, 51, Oakhurst Grove, London, Greater London SE22 9AH2
£450K06/230.4 mi78, Tappesfield Road, London, Greater London SE15 3EZ2
£587.5K05/210.42 mi26a, Crystal Palace Road, London, Greater London SE22 9HB2
£250K11/200.44 miFlat 28, Frome House, Peckham Rye, London, Greater London SE15 3JE2
£607.5K03/210.44 mi14a, Wroxton Road, London, Greater London SE15 2BN2
£687.5K07/230.44 mi8a, Worlingham Road, London, Greater London SE22 9HD2
£622.5K06/210.44 mi49, Worlingham Road, London, Greater London SE22 9HD2
£667.5K06/210.44 mi27a, Ondine Road, London, Greater London SE15 4ED2
£365K03/230.45 mi12, Symons Close, London, Greater London SE15 3SF2
£645K02/210.46 mi133a, Kirkwood Road, London, Greater London SE15 2BG2
£309K06/210.47 miFlat 26, Welland House, Peckham Rye, London, Greater London SE15 3JG2
£430K02/230.48 mi104a, Oglander Road, London, Greater London SE15 4DB2
£640K11/200.49 mi8, Oxenford Street, London, Greater London SE15 4DE2
£477.5K12/200.49 mi117b, Brayards Road, London, Greater London SE15 2BX2
£340K10/210.51 mi11a, Raul Road, London, Greater London SE15 5HR2
£530K11/200.52 mi95a, Copleston Road, London, Greater London SE15 4AH2
£590K08/230.53 mi37a, Copleston Road, London, Greater London SE15 4AN2
£453.2K02/210.53 miGround Floor Flat, 61, Upland Road, London, Greater London SE22 0DA2
£545K06/210.55 mi108a, Copleston Road, London, Greater London SE15 4AF2
£710K01/210.55 mi10a, Copleston Road, London, Greater London SE15 4AD2
£577K04/210.55 mi6a, North Cross Road, East Dulwich, London, Greater London SE22 9EU2
£400K05/230.55 mi10, North Cross Road, East Dulwich, London, Greater London SE22 9EU2
£412.5K01/230.57 mi135, Linwood Close, Camberwell, London, Greater London SE5 8UY2
£468K03/230.57 mi127, Linwood Close, Camberwell, London, Greater London SE5 8UY2
£455K01/210.57 mi117, Linwood Close, London, Greater London SE5 8UY2
£455.5K12/200.57 mi127, Linwood Close, London, Greater London SE5 8UY2
£420K02/210.57 mi137, Linwood Close, London, Greater London SE5 8UY2
£412.5K02/230.59 mi66, Hayes Grove, London, Greater London SE22 8DF2
£450K03/230.59 mi16, Hayes Grove, London, Greater London SE22 8DF2
£415K06/230.6 mi14, Besant Place, London, Greater London SE22 8DA2
£475K01/210.6 mi71, Linwood Close, London, Greater London SE5 8UU2
£425K06/230.6 miFlat B, 48, Barry Road, London, Greater London SE22 0HP2

Local Rents

45 rents from £1.8K/mo to £3.5K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,00008/240.01 mi-2
£2,20008/240.08 miHuguenot Square London SE152
£2,50008/240.08 miPeckham Rye, Peckham, London, SE152
£2,50008/240.08 miPeckham Rye, Peckham Rye, London, SE152
£2,50008/240.08 miPeckham Rye, Peckham Rye, London, SE152
£2,75008/240.08 miPeckham Rye, Peckham Rye, London, SE152
£2,75008/240.08 miPeckham Rye, Peckham Rye, London, SE152
£2,50008/240.08 miPeckham Rye, Peckham, London, SE152
£2,45008/240.09 miKinsale Road, Peckham, London, SE152
£1,80011/240.09 mi-2
£2,20011/240.1 mi-2
£2,05010/240.13 mi-2
£2,10003/250.16 mi-2
£2,10008/240.18 miSternhall Lane Peckham SE152
£2,35011/240.18 mi-2
£2,30008/240.18 miHeaton Road, Peckham, London, SE152
£2,62508/240.19 miHeaton Road London SE152
£2,70008/240.19 miHeaton Road London SE152
£3,45008/240.19 miHeaton Road London SE152
£2,70008/240.19 miHeaton Road London SE152
£3,45008/240.19 miHeaton Road London SE152
£2,62508/240.19 miHeaton Road London SE152
£2,62508/240.19 miHeaton Road London SE152
£2,70008/240.19 miHeaton Road London SE152
£2,70008/240.19 miHeaton Road London SE152
£2,62508/240.19 miHeaton Road London SE152
£3,45008/240.19 miHeaton Road London SE152
£2,00008/240.19 miTilling House, Nunhead Estate, Peckham, SE152
£2,57503/250.2 mi-2
£2,25003/250.2 mi-2
£2,00008/240.21 miAmott Road , London, SE152
£2,75008/240.21 miBasi Terrace2
£2,30008/240.21 miCarden Road Nunhead SE152
£2,40011/240.22 mi-2
£2,20008/240.22 miSolway Road, East Dulwich, London, SE222
£2,50008/240.22 miSolway Road Dulwich SE222
£2,30008/240.22 miGowlett Road London SE152
£2,00011/240.24 mi-2
£2,30008/240.25 miEast Dulwich Road, East Dulwich, London, SE222
£1,90008/240.25 miRye Lane, Peckham, London, SE152
£1,80008/240.26 mi-2
£2,20010/240.26 mi-2
£2,10008/240.26 miGordon Road Nunhead SE152
£1,85008/240.27 miLinden Grove Peckham SE152
£2,85008/240.27 miSandlings Close London SE152

Local Area Statistics

Population in SE15

63,647

Population in London

4,771,921

Town centre distance

4.73 miles away

Nearest school

0.10 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £450,000

July 18, 2024

Floor Plans

Description

  • Two bedrooms +
  • Ground floor +
  • Secure bike storage +
  • Direct access to patio +
  • Peckham Rye Common +
  • Excellent transport links +
  • 508 Sqft +
  • EPC Rating C +

Located opposite the green space of Peckham Rye common is this ground floor two bedroom flat found within this well maintained 1930s building. An ideal first purchase.

Conveniently located for the vibrant amenities of Peckham Rye is this well presented two bedroom purpose built flat. Boasting natural light and well proportioned rooms, this is a must view.

Agent Details

Kinleigh Folkard & Hayward - Sales, Peckham Rye

020 3871 7343

Next Steps?

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