2 Bed Flat, Single Let, London, SE22 0NQ, £495,000

Mundania Court, Forest Hill Road, London, SE22 0NQ - 1 views - 7 months ago

Sold STC
BTL
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£309K - £645K
Sold Prices/m²£5K/m² - £9.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£7.3K/m²

Value Estimate

£527,651
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£123,750

Stamp Duty & Legal Fees

£28,300

Total Cash In

£152,050

 

 

Cash Out

 

Rent Range

£1,600 - £3,500

Rent Estimate

£1,735

Running Costs/mo

£1,914

Cashflow/mo

£-179

Cashflow/yr

£-2,146

Gross Yield

4%

Local Sold Prices

51 sold prices from £309K to £645K, average is £500K. £5K/m² to £9.4K/m², average is £7.7K/m².

PriceDateDistanceAddressBeds 
£407.5K06/210.01 miFlat 48, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£386.5K11/200.01 miFlat 45, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£430K02/210.01 miFlat 50, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£440K03/210.01 miFlat 25, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£490K03/230.04 mi114a, Forest Hill Road, London, Greater London SE22 0RS2
£540K05/230.04 mi84b, Forest Hill Road, London, Greater London SE22 0RS2
£410K06/210.05 mi34, Therapia Road, London, Greater London SE22 0SE2
£600K03/210.1 mi23b, Marmora Road, London, Greater London SE22 0RX2
£600K12/200.11 mi35b, Marmora Road, London, Greater London SE22 0RX2
£600K09/210.11 mi29b, Marmora Road, London, Greater London SE22 0RX2
£580K06/230.16 mi52, Forest Hill Road, London, Greater London SE22 0RR2
£340K07/230.23 mi184, Wood Vale, London, Greater London SE23 3EA2
£390K03/230.23 mi20, Honor Oak Rise, London, Greater London SE23 3RA2
£495K01/210.26 mi17, Hillcourt Road, London, Greater London SE22 0PF2
£575K01/210.28 mi237a, Underhill Road, London, Greater London SE22 0PB2
£615K11/200.28 mi99, Dunstans Road, London, Greater London SE22 0HD2
£522.5K09/210.29 mi19a, Crebor Street, London, Greater London SE22 0HF2
£555K02/210.29 mi95, Dunstans Road, London, Greater London SE22 0HD2
£585K07/210.3 mi6, Overhill Road, London, Greater London SE22 0PH2
£490K06/210.32 miLower Flat, 112, Dunstans Road, London, Greater London SE22 0HE2
£540K05/230.32 miLower Flat, 112, Dunstans Road, London, Greater London SE22 0HE2
£540K09/210.35 mi108, Goodrich Road, London, Greater London SE22 0ER2
£550K06/230.35 mi273b, Underhill Road, London, Greater London SE22 0PA2
£405K03/210.35 mi53, Greystead Road, London, Greater London SE23 3SD2
£355K01/210.38 miFlat 34, Cityview Court, Overhill Road, London, Greater London SE22 0PZ2
£642K06/210.39 mi134a, Friern Road, London, Greater London SE22 0AY2
£410K02/230.4 miFlat 11, Claude Monet Court, Underhill Road, London, Greater London SE22 0BZ2
£375K01/210.41 mi91a, Goodrich Road, London, Greater London SE22 0EP2
£453.2K02/210.43 miGround Floor Flat, 61, Upland Road, London, Greater London SE22 0DA2
£632.5K12/200.45 mi73a, Overhill Road, London, Greater London SE22 0PQ2
£643K03/210.46 mi176b, Dunstans Road, London, Greater London SE22 0ES2
£545K01/210.46 mi156b, Dunstans Road, London, Greater London SE22 0ES2
£556K12/200.47 mi3a, Dunoon Road, London, Greater London SE23 3TD2
£620K04/210.47 mi107a, Wood Vale, London, Greater London SE23 3DT2
£425K06/230.48 miFlat B, 48, Barry Road, London, Greater London SE22 0HP2
£420K05/210.48 mi122, Barry Road, London, Greater London SE22 0HP2
£645K06/210.49 mi218, Friern Road, London, Greater London SE22 0BB2
£355K11/200.5 mi38, Athenlay Road, London, Greater London SE15 3EL2
£492K06/210.5 miGreenbury Cottage, 105b, Honor Oak Park, London, Greater London SE23 3LB2
£500K07/230.52 miFirst Floor Maisonette, 49, Hichisson Road, London, Greater London SE15 3AN2
£500K07/230.52 miFirst Floor Maisonette, 49, Hichisson Road, London, Greater London SE15 3AN2
£320K11/200.52 miFlat 3, Baxter House, Horniman Drive, London, Greater London SE23 3BJ2
£309K06/210.53 miFlat 26, Welland House, Peckham Rye, London, Greater London SE15 3JG2
£435K02/210.54 mi39, Stuart Road, London, Greater London SE15 3BE2
£370K07/230.54 mi33, Stuart Road, London, Greater London SE15 3BE2
£565K06/210.55 mi49a, Darrell Road, London, Greater London SE22 9NJ2
£575K03/230.55 mi49c, Darrell Road, London, Greater London SE22 9NJ2
£535K06/210.55 mi312a, Ivydale Road, London, Greater London SE15 3DG2
£321.5K08/210.56 mi75, Brenchley Gardens, London, Greater London SE23 3RE2
£500K04/230.56 mi59, Surrey Road, London, Greater London SE15 3AS2
£536.5K06/230.56 mi23, Surrey Road, London, Greater London SE15 3AS2

Local Rents

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

RentDateDistanceAddressBeds 
£1,98508/240.01 miMundania Court, London, SE222
£1,98508/240.01 mi-2
£2,60010/240.02 mi-2
£2,25008/240.02 miForest Hill Road, Dulwich, London, SE222
£1,75012/240.03 mi-2
£1,80009/240.1 mi-2
£2,40001/250.1 mi-2
£2,27002/250.1 mi-2
£2,20003/250.18 mi-2
£2,40008/240.18 miBalchier Road, East Dulwich, SE222
£2,40008/240.18 mi-2
£2,25003/250.19 mi-2
£2,30001/250.19 mi-2
£2,20004/250.19 mi-2
£2,50009/240.19 mi-2
£2,50008/240.19 miWoodvale Road, Forest Hill, SE232
£2,30008/240.21 miMarmora Road East Dulwich SE222
£1,90010/240.22 mi-2
£1,80009/240.23 miCanonbie Road 2
£1,90008/240.24 miCanonbie Road Forest Hill SE232
£1,80009/240.24 mi-2
£2,00008/240.25 miHonor Oak Rise, Honor Oak Park, London, SE232
£2,05010/240.27 mi-2
£1,80008/240.28 miUnderhill Road2
£1,75008/240.29 mi-2
£2,60008/240.29 miWood Vale London SE232
£1,60008/240.29 miHillcourt Road Dulwich SE222
£1,80008/240.29 miDunstans Road, East Dulwich, SE222
£1,75008/240.29 miNetherby Road 2
£2,40011/240.29 mi-2
£2,40012/240.29 mi-2
£2,20004/250.32 mi-2
£1,98011/240.32 mi-2
£1,85008/240.32 miPeckham Rye, Peckham Rye2
£1,80002/240.38 mi-2
£1,82508/240.39 miCanonbie Road London SE232
£2,27511/240.4 mi-2
£2,45010/240.4 mi-2
£1,80008/240.41 miThe Manor, Manor Way, London2
£1,90011/240.42 mi-2
£3,50012/240.42 mi-2
£1,90004/250.42 mi-2
£1,74608/240.43 miManor Way, Forest Hill, SE232
£1,95008/240.44 miWood Vale, Forest Hill, London, SE232
£1,70008/240.44 miBrenchley Gardens, Nunhead2
£2,20008/240.45 miHonor Oak Road, Honor Oak2
£2,20008/240.45 miChurchwood Gardens, Honor Oak2
£2,35002/250.45 mi-2

Local Area Statistics

Population in SE22

29,687

Population in London

4,771,921

Town centre distance

5.62 miles away

Nearest school

0.40 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £495,000

September 16, 2024

Floor Plans

Description

Stylish and light-filled, this third-floor two-bedroom apartment is located in the charming Art Deco building, Mundania Court. The residence features a central courtyard and fosters a strong sense of community. Thoughtfully modernised with a focus on style, the bathroom showcases stunning terracotta tiles, a fluted sink unit, and elegant gold accents. The herringbone flooring adds a touch of sophistication, running seamlessly through the hall, lounge, and both bedrooms.

Both bedrooms are spacious, with the master bedroom and lounge offering lovely green views. The stylish kitchen, recently updated, overlooks the entrance walkway, combining practicality with tasteful design.

All apartments in Mundania Court surround a unique verdant courtyard, filled with tropical plants and communal benches.

Located at the corner of Mundania Road and Forest Hill Road, Mundania Court offers ample street parking and newly installed bike hangers. The apartment is ideally positioned for access to East Dulwich, Peckham Rye, and Honor Oak.

Nearby Lordship Lane is renowned for its independent stores, pubs, restaurants, butchers, and fishmongers, as well as the popular North Cross Road market. Peckham Rye boasts great bars, restaurants, and the latest art galleries. The apartment is also just moments from the beautiful open spaces of Peckham Rye Park and One Tree Hill woods.

Transport links are excellent, with Honor Oak station providing quick and easy access to central London via the Overground and National Rail services to London Bridge. Frequent and convenient bus links connect residents to Peckham Rye station and beyond on the 63 and 363 routes.

INFORMATION AND SERVICES

Tenure: Share of Freehold

Service Charge: approx £2,160 per annum

EPC: C

Council Tax Band: B

LOCAL AUTHORITIES: London Borough of Southwark

Services: Mains water and gas, electricity.

Fixtures & Fittings: Curtains, fixtures and fittings not mentioned in these particulars are not included. Various items may be available by separate negotiation.

Viewing: By appointment via Truepenny’s.

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.Truepenny’s Property Consultants 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/Vendor or Truepenny’s Property Consultants, (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/buyer must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the Landlord/Vendor 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. (6) any computer-generated images, virtually staged images, artist’s impressions and floorplans are used purely for illustrative purposes only. They are intended to show what furnishings or fixtures could look like at the property and does not necessarily represent the actual furnishings and fixtures which may be present at the time of inspection.

Agent Details

Truepenny's, Dulwich

020 8693 2277

Next Steps?

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