2 Bed Flat, Single Let, London, SE22 0HN, £499,950

Quarry Court, 2 Dunstans Grove, London, SE22 0HN - 1 views - 9 months ago

Leasehold
BTL
~61 m²
+6 photos

ValuationFair Value

Sold Prices£340K - £680K
Sold Prices/m²£5K/m² - £11.2K/m²

 

 

Square Metres

~61.14 m²
Price/m²£8.2K/m²

Value Estimate

£491,778

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£124,988

Stamp Duty & Legal Fees

£28,696

Total Cash In

£153,684

 

 

Cash Out

 

Rent Range

£1,600 - £3,500

Rent Estimate

£1,700

Running Costs/mo

£1,922

Cashflow/mo

£-222

Cashflow/yr

£-2,668

Gross Yield

4%

Local Sold Prices

50 sold prices from £340K to £680K, average is £540K. £5K/m² to £11.2K/m², average is £8K/m².

PriceDateDistanceAddressBeds 
£575K01/210.08 mi237a, Underhill Road, London, Greater London SE22 0PB2
£580K06/230.1 mi52, Forest Hill Road, London, Greater London SE22 0RR2
£522.5K09/210.11 mi19a, Crebor Street, London, Greater London SE22 0HF2
£550K06/230.14 mi273b, Underhill Road, London, Greater London SE22 0PA2
£615K11/200.14 mi99, Dunstans Road, London, Greater London SE22 0HD2
£555K02/210.15 mi95, Dunstans Road, London, Greater London SE22 0HD2
£540K05/230.16 miLower Flat, 112, Dunstans Road, London, Greater London SE22 0HE2
£490K06/210.16 miLower Flat, 112, Dunstans Road, London, Greater London SE22 0HE2
£540K05/230.18 mi84b, Forest Hill Road, London, Greater London SE22 0RS2
£490K03/230.18 mi114a, Forest Hill Road, London, Greater London SE22 0RS2
£495K01/210.18 mi17, Hillcourt Road, London, Greater London SE22 0PF2
£642K06/210.18 mi134a, Friern Road, London, Greater London SE22 0AY2
£440K03/210.2 miFlat 25, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£386.5K11/200.2 miFlat 45, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£430K02/210.2 miFlat 50, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£410K02/230.2 miFlat 11, Claude Monet Court, Underhill Road, London, Greater London SE22 0BZ2
£407.5K06/210.2 miFlat 48, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£540K09/210.22 mi108, Goodrich Road, London, Greater London SE22 0ER2
£375K01/210.23 mi91a, Goodrich Road, London, Greater London SE22 0EP2
£585K07/210.24 mi6, Overhill Road, London, Greater London SE22 0PH2
£410K06/210.26 mi34, Therapia Road, London, Greater London SE22 0SE2
£453.2K02/210.29 miGround Floor Flat, 61, Upland Road, London, Greater London SE22 0DA2
£425K06/230.3 miFlat B, 48, Barry Road, London, Greater London SE22 0HP2
£420K05/210.3 mi122, Barry Road, London, Greater London SE22 0HP2
£355K01/210.31 miFlat 34, Cityview Court, Overhill Road, London, Greater London SE22 0PZ2
£600K03/210.31 mi23b, Marmora Road, London, Greater London SE22 0RX2
£645K06/210.32 mi218, Friern Road, London, Greater London SE22 0BB2
£600K12/200.32 mi35b, Marmora Road, London, Greater London SE22 0RX2
£600K09/210.32 mi29b, Marmora Road, London, Greater London SE22 0RX2
£545K01/210.33 mi156b, Dunstans Road, London, Greater London SE22 0ES2
£643K03/210.33 mi176b, Dunstans Road, London, Greater London SE22 0ES2
£340K07/230.33 mi184, Wood Vale, London, Greater London SE23 3EA2
£610K09/210.35 mi259, Crystal Palace Road, London, Greater London SE22 9JH2
£505K06/210.35 mi278c, Crystal Palace Road, London, Greater London SE22 9JH2
£615K01/210.35 miGround Floor Flat, 271, Crystal Palace Road, London, Greater London SE22 9JH2
£575K03/230.36 mi49c, Darrell Road, London, Greater London SE22 9NJ2
£565K06/210.36 mi49a, Darrell Road, London, Greater London SE22 9NJ2
£632.5K12/200.39 mi73a, Overhill Road, London, Greater London SE22 0PQ2
£508K01/210.4 miGround Floor Flat, 186, Crystal Palace Road, London, Greater London SE22 9EP2
£600K02/230.41 mi12b, Rodwell Road, London, Greater London SE22 9LF2
£390K03/230.44 mi20, Honor Oak Rise, London, Greater London SE23 3RA2
£680K08/210.45 mi36, Thompson Road, London, Greater London SE22 9JR2
£387K03/230.45 mi326b - 326c, Crystal Palace Road, London, Greater London SE22 9JJ2
£620K04/210.48 mi107a, Wood Vale, London, Greater London SE23 3DT2
£515K02/230.48 mi146b, Landcroft Road, East Dulwich, London, Greater London SE22 9JW2
£460K01/210.49 mi146b, Landcroft Road, East Dulwich, London, Greater London SE22 9JW2
£425K01/230.5 mi1c, Heber Road, East Dulwich, London, Greater London SE22 9JZ2
£577K04/210.5 mi6a, North Cross Road, East Dulwich, London, Greater London SE22 9EU2
£400K05/230.5 mi10, North Cross Road, East Dulwich, London, Greater London SE22 9EU2
£573K02/230.52 mi313a, Lordship Lane, London, Greater London SE22 8JH2

Local Rents

49 rents from £1.6K/mo to £3.5K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,40008/240.06 mi-2
£2,40008/240.06 miBalchier Road, East Dulwich, SE222
£2,20003/250.07 mi-2
£1,80008/240.08 miUnderhill Road2
£2,40011/240.09 mi-2
£1,80009/240.13 mi-2
£1,80008/240.15 miDunstans Road, East Dulwich, SE222
£2,40012/240.15 mi-2
£1,90010/240.17 mi-2
£1,80002/240.17 mi-2
£1,60008/240.19 miHillcourt Road Dulwich SE222
£2,60010/240.2 mi-2
£2,25008/240.2 miForest Hill Road, Dulwich, London, SE222
£1,85008/240.21 miPeckham Rye, Peckham Rye2
£3,50012/240.21 mi-2
£1,98508/240.22 miMundania Court, London, SE222
£1,98508/240.22 mi-2
£1,75012/240.24 mi-2
£1,75008/240.27 miBarry Road, East Dulwich2
£2,00008/240.27 miBarry Road, SE222
£2,20008/240.28 miBarry Road, SE222
£2,40001/250.29 mi-2
£2,27002/250.29 mi-2
£1,80009/240.3 mi-2
£2,35002/250.3 mi-2
£1,90008/240.32 mi-2
£2,25003/250.33 mi-2
£2,30001/250.33 mi-2
£2,20004/250.33 mi-2
£2,50009/240.33 mi-2
£2,50008/240.33 miWoodvale Road, Forest Hill, SE232
£2,00008/240.33 miLandells Road, East Dulwich, London, SE222
£2,10002/250.34 mi-2
£1,99904/250.34 mi-2
£1,90004/250.34 mi-2
£2,00008/240.34 miGoodrich Road, East Dulwich, London, SE222
£2,50008/240.34 miSilvester Road, East Dulwich, London, SE222
£2,60008/240.34 miWood Vale London SE232
£1,85003/250.35 mi-2
£1,90003/250.35 mi-2
£2,25004/250.35 mi-2
£2,10003/250.35 mi-2
£1,85008/240.35 miBarry Road, East Dulwich, London, SE222
£2,40008/240.35 miBass Mews, East Dulwich, London, SE222
£2,10002/250.36 mi-2
£2,00008/240.37 mi-2
£1,98011/240.37 mi-2
£1,80009/240.38 miCanonbie Road 2
£1,90008/240.38 miCanonbie Road Forest Hill SE232

Local Area Statistics

Population in SE22

29,687

Population in London

4,771,921

Town centre distance

5.52 miles away

Nearest school

0.20 miles away

Nearest train station

0.82 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £499,950

July 24, 2024

Floor Plans

Description

  • Bright and Spacious +
  • New lease +
  • Private, landscaped garden +
  • Secure bike storage +

Attractive and luxurious apartment finished to a very high spec throughout. With two double bedrooms, a modern bathroom, large living area, and private garden. This property occupies a prime position between East Dulwich and Peckham being minutes from Peckham Rye park. Located in 'Quarry Court' development.

Refurbished and restructured for 2022, the internal area measures 658 square feet offering two large double bedrooms both with ample storage. The master bedroom enjoys two double doors to the garden and ample space. An expansive family bathroom with bath and overhead shower is found off the entrance hall. The kitchen/living/dining area is a great, light, and bright space offering a private garden. The flat throughout has been tastefully modernised.

The secure block is very well maintained and has a secure intercom systems.

At the end of the road you will find Peckham Rye Park and Common's several acres. There are loads of other gorgeous green spaces to call your local ones - Horniman Gardens, Goose Green and One Tree Hill just three examples.

In addition to the handy run of shops on Forest Hill Road and Barry Road, enjoy those on Lordship and Rye Lanes, as well as those of Honor Oak and Nunhead centres. North Cross Road’s Saturday market is also local.

Dunstans Road is yards from Peckham Rye park and The Herne Tavern (great pub garden) it is also centrally located for shops, bars and transport links. The bus from the bottom of the road gets you directly into a plethora of destinations including Peckham Rye Station, The city and West End. Honor Oak Park rail station is also a convenient 15 minutes’ walk away and provides Overground access on the newly extended East London Line. The service includes a train every 5 minutes at peak time times with great connections for the City and Canary Wharf.

Information and Services:

Tenure: Leasehold

Lease: 125 years from 2024

Ground rent: £0

Service charge TBC
LOCAL AUTHORITIES: London Borough of Southwark (T:

Services: Mains water and gas, electricity.

Viewing: By appointment via agent.

Truepenny’s Property Consultants Ltd. for themselves and for the owner of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the Landlord or Truepenny’s Property Consultants Ltd., (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending tenant must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the landlord does not make or give either Truepenny’s Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property.

Agent Details

Truepenny's, Dulwich

020 8693 2277

Next Steps?

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