2 Bed Flat, Single Let, London, SE15 3UN, £350,000

Peckham Rye, London, SE15 3UN - 2 views - 8 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+14 photos

ValuationUndervalued

Sold Prices£250K - £780K
Sold Prices/m²£6.1K/m² - £14.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£437,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,800 - £2,750

Rent Estimate

£1,800

Running Costs/mo

£1,474

Cashflow/mo

£326

Cashflow/yr

£3,915

ROI

4%

Gross Yield

6%

Local Sold Prices

51 sold prices from £250K to £780K, average is £477.5K. £6.1K/m² to £14.8K/m², average is £8K/m².

PriceDateDistanceAddressBeds 
£360K06/230.08 miFlat 31, Tilling House, Nunhead Estate, London, Greater London SE15 3PQ2
£373K05/210.08 miFlat 57, Brookstone Court, Peckham Rye, London, Greater London SE15 3UW2
£440K01/230.11 miFlat 10, Goodwin House, Nunhead Crescent, London, Greater London SE15 3PG2
£375K03/210.11 miFlat 10, Goodwin House, Nunhead Crescent, London, Greater London SE15 3PG2
£600K06/210.14 mi52, Nunhead Lane, London, Greater London SE15 3TU2
£600K11/200.17 mi177a, Peckham Rye, London, Greater London SE15 3HZ2
£460K09/210.17 miFlat 15, Howard Court, Peckham Rye, London, Greater London SE15 3PH2
£415K01/210.18 mi40b, Linden Grove, London, Greater London SE15 3LF2
£400K06/230.22 miFlat 6, Mayfair Court, Fenwick Road, London, Greater London SE15 4HR2
£530K01/210.24 mi33a, Fenwick Road, London, Greater London SE15 4HS2
£250K11/200.27 miFlat 28, Frome House, Peckham Rye, London, Greater London SE15 3JE2
£460K04/210.3 miSecond Floor Flat At, 27, Oakhurst Grove, London, Greater London SE22 9AH2
£426K10/210.3 mi79, Manaton Close, London, Greater London SE15 3PW2
£309K06/210.31 miFlat 26, Welland House, Peckham Rye, London, Greater London SE15 3JG2
£470K06/210.31 mi67, Manaton Close, London, Greater London SE15 3PW2
£345K01/230.32 miGround Floor Flat, 51, Oakhurst Grove, London, Greater London SE22 9AH2
£450K06/230.34 mi78, Tappesfield Road, London, Greater London SE15 3EZ2
£528K01/210.34 mi54b, Keston Road, London, Greater London SE15 4JB2
£625K03/210.38 mi14b, Howden Street, London, Greater London SE15 4LB2
£587.5K05/210.39 mi26a, Crystal Palace Road, London, Greater London SE22 9HB2
£453.2K02/210.4 miGround Floor Flat, 61, Upland Road, London, Greater London SE22 0DA2
£600K11/200.43 mi50b, Adys Road, London, Greater London SE15 4DZ2
£575K11/200.43 mi23b, Adys Road, London, Greater London SE15 4DX2
£622.5K06/210.44 mi49, Worlingham Road, London, Greater London SE22 9HD2
£687.5K07/230.44 mi8a, Worlingham Road, London, Greater London SE22 9HD2
£365K03/230.46 mi12, Symons Close, London, Greater London SE15 3SF2
£425K06/230.5 miFlat B, 48, Barry Road, London, Greater London SE22 0HP2
£607.5K03/210.5 mi14a, Wroxton Road, London, Greater London SE15 2BN2
£780K11/210.5 mi57a, Choumert Road, London, Greater London SE15 4AR2
£420K05/210.5 mi122, Barry Road, London, Greater London SE22 0HP2
£577K04/210.51 mi6a, North Cross Road, East Dulwich, London, Greater London SE22 9EU2
£400K05/230.51 mi10, North Cross Road, East Dulwich, London, Greater London SE22 9EU2
£667.5K06/210.52 mi27a, Ondine Road, London, Greater London SE15 4ED2
£565K06/210.52 mi49a, Darrell Road, London, Greater London SE22 9NJ2
£575K03/230.52 mi49c, Darrell Road, London, Greater London SE22 9NJ2
£435K02/210.53 mi39, Stuart Road, London, Greater London SE15 3BE2
£370K07/230.53 mi33, Stuart Road, London, Greater London SE15 3BE2
£430K02/230.57 mi104a, Oglander Road, London, Greater London SE15 4DB2
£645K02/210.57 mi133a, Kirkwood Road, London, Greater London SE15 2BG2
£477.5K12/200.57 mi117b, Brayards Road, London, Greater London SE15 2BX2
£640K11/200.58 mi8, Oxenford Street, London, Greater London SE15 4DE2
£410K02/230.59 miFlat 11, Claude Monet Court, Underhill Road, London, Greater London SE22 0BZ2
£508K01/210.6 miGround Floor Flat, 186, Crystal Palace Road, London, Greater London SE22 9EP2
£580K06/230.6 mi52, Forest Hill Road, London, Greater London SE22 0RR2
£550K06/210.61 mi34, Ivydale Road, London, Greater London SE15 3BS2
£345K05/210.62 miFlat 11, Station Court, Gibbon Road, London, Greater London SE15 2AP2
£530K11/200.63 mi95a, Copleston Road, London, Greater London SE15 4AH2
£500K07/230.63 miFirst Floor Maisonette, 49, Hichisson Road, London, Greater London SE15 3AN2
£500K07/230.63 miFirst Floor Maisonette, 49, Hichisson Road, London, Greater London SE15 3AN2
£320K03/210.63 miFlat 18, St. Asaph Court, St Asaph Road, London, Greater London SE4 2EE2
£642K06/210.64 mi134a, Friern Road, London, Greater London SE22 0AY2

Local Rents

48 rents from £1.8K/mo to £2.8K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,57503/250.03 mi-2
£2,05010/240.06 mi-2
£2,20011/240.08 mi-2
£2,30008/240.11 miCarden Road Nunhead SE152
£2,30003/250.11 mi-2
£2,14509/240.12 miAura Court, 163 Peckham Rye, Peckham, London, SE15 3GW2
£1,80002/240.13 mi-2
£2,30002/250.13 mi-2
£1,80008/240.13 miPeckham Rye, London SE152
£2,10002/240.13 mi-2
£1,97002/240.13 mi-2
£2,20108/240.17 mi-2
£2,00008/240.17 miTilling House, Nunhead Estate, Peckham, SE152
£2,00011/240.17 mi-2
£2,00008/240.17 mi-2
£2,35003/250.18 mi-2
£1,80008/240.18 mi-2
£2,20010/240.18 mi-2
£1,85008/240.18 miLinden Grove Peckham SE152
£2,75008/240.19 miPeckham Rye, Peckham Rye, London, SE152
£2,75008/240.19 miPeckham Rye, Peckham Rye, London, SE152
£2,50008/240.19 miPeckham Rye, Peckham, London, SE152
£2,50008/240.19 miPeckham Rye, Peckham, London, SE152
£2,50008/240.19 miPeckham Rye, Peckham Rye, London, SE152
£2,50008/240.19 miPeckham Rye, Peckham Rye, London, SE152
£2,45008/240.21 miKinsale Road, Peckham, London, SE152
£2,25008/240.21 miWaveney Avenue, Peckham Rye, London, SE152
£2,75008/240.22 miBasi Terrace2
£2,20008/240.22 miSolway Road, East Dulwich, London, SE222
£2,50008/240.22 miSolway Road Dulwich SE222
£2,40011/240.23 mi-2
£2,20008/240.23 miHuguenot Square London SE152
£2,10008/240.24 miThe Gardens London SE222
£2,10008/240.24 miThe Gardens, East Dulwich London SE222
£1,99508/240.24 miLinden Grove Peckham SE152
£1,80011/240.25 mi-2
£1,85008/240.27 miThe Gardens, London, SE222
£2,30008/240.28 miEast Dulwich Road, East Dulwich, London, SE222
£2,05008/240.28 miThe Gardens, East Dulwich, London, SE222
£2,05008/240.28 miThe Gardens, East Dulwich London SE222
£2,05008/240.28 miThe Gardens East Dulwich SE222
£2,00008/240.28 miThe Gardens, East Dulwich London SE222
£2,20010/240.3 mi-2
£1,82508/240.3 miOakhurst Grove, East Dulwich, London, SE222
£2,30008/240.3 miBarry Road, East Dulwich, London, SE222
£2,30008/240.31 miGowlett Road London SE152
£2,10008/240.31 miGordon Road Nunhead SE152
£2,50008/240.31 miEast Dulwich Road, East Dulwich2

Local Area Statistics

Population in SE15

63,647

Population in London

4,771,921

Town centre distance

4.91 miles away

Nearest school

0.20 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Price changed to £350,000

December 26, 2024

Listed for £375,000

August 7, 2024

Floor Plans

Description

  • TWO BEDROOM FLAT +

  • FIRST FLOOR +

  • SPACIOUS LOUNGE +

  • CLOSE TO LOCAL AMENITIES AND A SHORT DISTANCE TO PECKHAM RYE STATION +

  • WELL-PRESENTED THROUGHOUT +

  • LONG LEASE +

  • ADJECENT TO PECKHAM RYE COMMON +

  • 510 SQ. FT. OF ACCOMMODATION +

SUMMARY
TWO BEDROOM FIRST FLOOR APARTMENT with LIFT

The property briefly comprises of an entrance hall, lounge, kitchen, bathroom & TWO DOUBLE BEDROOMS.

EARLY VIEWING ADVISED

DESCRIPTION
Barnard Marcus are delighted to bring to market this well-presented and generously proportioned TWO BEDROOM FLAT positioned on the FIRST FLOOR and ideally situated in BROOKSTONE COURT which sits on the popular PECKHAM RYE PARK & COMMON and within short distances of PECKHAM RYE STATION & NUNHEAD.

The property briefly comprises of an entrance hall, lounge, kitchen, bathroom & TWO DOUBLE BEDROOMS.

The property is within walking distance of a range of popular amenities, such as the trendy Peckham Levels, with its rooftop bar and street food stalls, as well as the historic Peckham Rye Park. There are also excellent transport links nearby, including Peckham Rye station just a 10-minute walk away, providing easy access to central London via the Overground and National Rail services. The property is also within the catchment area for the highly sought-after Harris Academy, which is rated outstanding by Ofsted. With a prime location in one of London's most vibrant areas, this is an excellent opportunity to purchase a desirable property that offers the best of city living.

Entrance Hall 

Living Room 13' 3" x 12' 3" ( 4.04m x 3.73m )

Kitchen 9' 6" x 59' ( 2.90m x 17.98m )

Bathroom 

Bedroom One 12' 3" x 9' 6" ( 3.73m x 2.90m )

Bedroom Two 9' 6" x 7' 9" ( 2.90m x 2.36m )

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Peckham

020 3834 8009

Next Steps?

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