2 Bed Flat, Single Let, London, SE22 0RX, £485,000

Marmora Road, East Dulwich, London, SE22 0RX - 2 views - 7 months ago

Under Offer

Leasehold

BTL

~68 m²

+5 photos

ValuationUndervalued

Sold Prices	£315K - £645K
Sold Prices/m²	£4.9K/m² - £8.9K/m²

Square Metres	~68.11 m²
Price/m²	£7.1K/m²
Value Estimate	£506,466£506,466
BMV	4%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£121,250£121,250
Stamp Duty & Legal Fees	£27,500£27,500
Total Cash In	£148,750£148,750

Cash Out
Rent Range	£1,600 - £2,600£1,600 - £2,600
Rent Estimate	£1,800
Running Costs/mo	£1,896£1,896
Cashflow/mo	£-96£-96
Cashflow/yr	£-1,147£-1,147
Gross Yield	4%4%

Local Sold Prices

51 sold prices from £315K to £645K, average is £490K. £4.9K/m² to £8.9K/m², average is £7.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£600K	03/21	0.05 mi	23b, Marmora Road, London, Greater London SE22 0RX	-	-	2	Flat
£600K	12/20	0.05 mi	35b, Marmora Road, London, Greater London SE22 0RX	-	-	2	Flat
£600K	09/21	0.05 mi	29b, Marmora Road, London, Greater London SE22 0RX	-	-	2	Flat
£410K	06/21	0.09 mi	34, Therapia Road, London, Greater London SE22 0SE	£5,000	82	2	Flat
£407.5K	06/21	0.1 mi	Flat 48, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ	-	-	2	Flat
£386.5K	11/20	0.1 mi	Flat 45, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ	-	-	2	Flat
£430K	02/21	0.1 mi	Flat 50, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ	-	-	2	Flat
£440K	03/21	0.1 mi	Flat 25, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ	-	-	2	Flat
£490K	03/23	0.12 mi	114a, Forest Hill Road, London, Greater London SE22 0RS	£6,956	70	2	Flat
£540K	05/23	0.12 mi	84b, Forest Hill Road, London, Greater London SE22 0RS	£7,826	69	2	Flat
£390K	03/23	0.16 mi	20, Honor Oak Rise, London, Greater London SE23 3RA	£8,125	48	2	Flat
£340K	07/23	0.17 mi	184, Wood Vale, London, Greater London SE23 3EA	£5,075	67	2	Flat
£405K	03/21	0.25 mi	53, Greystead Road, London, Greater London SE23 3SD	£6,136	66	2	Flat
£580K	06/23	0.26 mi	52, Forest Hill Road, London, Greater London SE22 0RR	£7,436	78	2	Flat
£495K	01/21	0.29 mi	17, Hillcourt Road, London, Greater London SE22 0PF	£7,500	66	2	Flat
£585K	07/21	0.31 mi	6, Overhill Road, London, Greater London SE22 0PH	£7,500	78	2	Flat
£615K	11/20	0.33 mi	99, Dunstans Road, London, Greater London SE22 0HD	£8,913	69	2	Flat
£555K	02/21	0.33 mi	95, Dunstans Road, London, Greater London SE22 0HD	£8,043	69	2	Flat
£575K	01/21	0.35 mi	237a, Underhill Road, London, Greater London SE22 0PB	£8,107	71	2	Flat
£522.5K	09/21	0.35 mi	19a, Crebor Street, London, Greater London SE22 0HF	-	-	2	Flat
£490K	06/21	0.36 mi	Lower Flat, 112, Dunstans Road, London, Greater London SE22 0HE	-	-	2	Flat
£540K	05/23	0.36 mi	Lower Flat, 112, Dunstans Road, London, Greater London SE22 0HE	-	-	2	Flat
£556K	12/20	0.38 mi	3a, Dunoon Road, London, Greater London SE23 3TD	-	-	2	Flat
£540K	09/21	0.38 mi	108, Goodrich Road, London, Greater London SE22 0ER	-	-	2	Flat
£355K	01/21	0.38 mi	Flat 34, Cityview Court, Overhill Road, London, Greater London SE22 0PZ	£5,071	70	2	Flat
£550K	06/23	0.43 mi	273b, Underhill Road, London, Greater London SE22 0PA	-	-	2	Flat
£492K	06/21	0.43 mi	Greenbury Cottage, 105b, Honor Oak Park, London, Greater London SE23 3LB	-	-	2	Flat
£320K	11/20	0.43 mi	Flat 3, Baxter House, Horniman Drive, London, Greater London SE23 3BJ	-	-	2	Flat
£620K	04/21	0.44 mi	107a, Wood Vale, London, Greater London SE23 3DT	£8,732	71	2	Flat
£632.5K	12/20	0.44 mi	73a, Overhill Road, London, Greater London SE22 0PQ	£8,760	72	2	Flat
£375K	01/21	0.46 mi	91a, Goodrich Road, London, Greater London SE22 0EP	£7,813	48	2	Flat
£464K	11/20	0.47 mi	182c, Devonshire Road, London, Greater London SE23 3TB	£6,356	73	2	Flat
£642K	06/21	0.47 mi	134a, Friern Road, London, Greater London SE22 0AY	-	-	2	Flat
£485K	02/23	0.48 mi	Ground Floor Flat, 133, Honor Oak Road, London, Greater London SE23 3SL	-	-	2	Flat
£643K	03/21	0.48 mi	176b, Dunstans Road, London, Greater London SE22 0ES	-	-	2	Flat
£545K	01/21	0.48 mi	156b, Dunstans Road, London, Greater London SE22 0ES	-	-	2	Flat
£435K	12/20	0.48 mi	232b, Devonshire Road, London, Greater London SE23 3TQ	£6,493	67	2	Flat
£355K	11/20	0.49 mi	38, Athenlay Road, London, Greater London SE15 3EL	£6,339	56	2	Flat
£410K	02/23	0.49 mi	Flat 11, Claude Monet Court, Underhill Road, London, Greater London SE22 0BZ	-	-	2	Flat
£315K	09/21	0.5 mi	24 Ashton Heights, Horniman Drive, London, Greater London SE23 3BS	-	-	2	Flat
£350K	07/23	0.51 mi	150c, Devonshire Road, London, Greater London SE23 3SZ	£7,674	46	2	Flat
£453.2K	02/21	0.53 mi	Ground Floor Flat, 61, Upland Road, London, Greater London SE22 0DA	£7,681	59	2	Flat
£350K	12/20	0.53 mi	38b, Ewelme Road, London, Greater London SE23 3BH	£8,537	41	2	Flat
£500K	07/23	0.53 mi	First Floor Maisonette, 49, Hichisson Road, London, Greater London SE15 3AN	-	-	2	Flat
£500K	07/23	0.53 mi	First Floor Maisonette, 49, Hichisson Road, London, Greater London SE15 3AN	-	-	2	Flat
£321.5K	08/21	0.53 mi	75, Brenchley Gardens, London, Greater London SE23 3RE	£5,161	62	2	Flat
£624K	03/21	0.54 mi	43a, Melford Road, London, Greater London SE22 0AQ	£7,429	84	2	Flat
£320K	05/21	0.54 mi	85, Brenchley Gardens, London, Greater London SE23 3RE	£4,935	65	2	Flat
£321.5K	08/21	0.54 mi	75, Brenchley Gardens, London, Greater London SE23 3RE	£5,161	62	2	Flat
£645K	06/21	0.54 mi	218, Friern Road, London, Greater London SE22 0BB	-	-	2	Flat
£373.3K	07/23	0.55 mi	172, Grierson Road, London, Greater London SE23 1NU	£5,925	63	2	Flat

Local Rents

48 rents from £1.6K/mo to £2.6K/mo, average is £2.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,400	01/25	0.01 mi	-	2	Flat
£2,270	02/25	0.01 mi	-	2	Flat
£1,750	12/24	0.07 mi	-	2	Flat
£1,985	08/24	0.08 mi	-	2	House
£1,985	08/24	0.08 mi	Mundania Court, London, SE22	2	Flat
£2,250	08/24	0.1 mi	Forest Hill Road, Dulwich, London, SE22	2	Flat
£2,600	10/24	0.1 mi	-	2	Flat
£1,800	09/24	0.11 mi	-	2	Flat
£2,250	03/25	0.12 mi	-	2	Flat
£2,300	01/25	0.12 mi	-	2	Flat
£2,200	04/25	0.12 mi	-	2	Flat
£2,500	08/24	0.12 mi	Woodvale Road, Forest Hill, SE23	2	Flat
£2,500	09/24	0.12 mi	-	2	Flat
£1,800	09/24	0.15 mi	Canonbie Road	2	Flat
£2,000	08/24	0.15 mi	Honor Oak Rise, Honor Oak Park, London, SE23	2	Flat
£1,900	08/24	0.16 mi	Canonbie Road Forest Hill SE23	2	Flat
£2,300	08/24	0.18 mi	Marmora Road East Dulwich SE22	2	Flat
£2,050	10/24	0.19 mi	-	2	Flat
£1,750	08/24	0.19 mi	-	2	Flat
£1,750	08/24	0.2 mi	Netherby Road	2	Flat
£2,600	08/24	0.24 mi	Wood Vale London SE23	2	Flat
£1,900	10/24	0.25 mi	-	2	Flat
£2,400	08/24	0.25 mi	Balchier Road, East Dulwich, SE22	2	Detached House
£2,400	08/24	0.25 mi	-	2	Detached House
£2,200	03/25	0.27 mi	-	2	Flat
£1,980	11/24	0.27 mi	-	2	Detached House
£1,825	08/24	0.3 mi	Canonbie Road London SE23	2	Flat
£2,275	11/24	0.31 mi	-	2	Terraced House
£2,450	10/24	0.31 mi	-	2	Flat
£1,600	08/24	0.32 mi	Hillcourt Road Dulwich SE22	2	Flat
£1,800	08/24	0.32 mi	The Manor, Manor Way, London	2	Flat
£1,900	11/24	0.32 mi	-	2	Flat
£1,800	08/24	0.33 mi	Dunstans Road, East Dulwich, SE22	2	Flat
£1,800	09/24	0.33 mi	-	2	Flat
£2,400	12/24	0.34 mi	-	2	Flat
£1,746	08/24	0.34 mi	Manor Way, Forest Hill, SE23	2	Flat
£1,800	08/24	0.35 mi	Underhill Road	2	Flat
£2,200	08/24	0.35 mi	Churchwood Gardens, Honor Oak	2	Flat
£2,200	08/24	0.35 mi	Honor Oak Road, Honor Oak	2	Flat
£2,200	08/24	0.35 mi	Churchwood Gardens, Forest Hill, London, SE23	2	Flat
£1,950	08/24	0.35 mi	Churchwood Gardens, Forest Hill, London, SE23	2	Flat
£2,200	08/24	0.37 mi	Churchwood Gardens, Forest Hill	2	Flat
£2,400	11/24	0.38 mi	-	2	Flat
£2,200	08/24	0.38 mi	Churchwood Gardens, Forest Hill	2	Flat
£2,250	08/24	0.38 mi	Churchwood Gardens, Forest Hill	2	Flat
£1,950	08/24	0.4 mi	Wood Vale, Forest Hill, London, SE23	2	Flat
£1,700	08/24	0.41 mi	Brenchley Gardens, Nunhead	2	Flat
£1,950	08/24	0.41 mi	Churchwood Gardens, Honor Oak	2	Flat

Local Area Statistics

Population in SE22	29,68729,687
Population in London	4,771,9214,771,921
Town centre distance	5.71 miles away5.71 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.54 miles away0.54 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-5%-5%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £485,000

September 28, 2024

Description

Two Double Bedrooms +
Top-Floor Victorian Flat +
Modern Fitted Kitchen +
Modern Bathroom +
Impressive Views +

The property offers a modern kitchen and bathroom, each fitted with heated flooring, a good-sized reception room and two double bedrooms.

It is well positioned, situated in close proximity to local amenities including those on Lordship Lane as well as a number of local bars, restaurants, shops and Peckham Rye Park. Transport links are provided via Honor Oak Park for the East London Line and Peckham Rye (London Overground, National Rail, and Thameslink services) giving convenient access to all areas of central London. This is a fantastic flat in a superb location.

AGENT NOTES:

Mobile phone coverage: EE / Three / O2 / Vodaphone (Likely inside and outside ) (Potential purchasers are advised to seek their own advice as to the suitability of the services and mobile phone coverage.)

Available broadband: FTTP Ultrafast - Networks in your area: Virgin Media, Openreach (Information supplied by Ofcom)

Flood Risk: Medium risk of surface water flooding / Very low risk river and sea flooding (Information supplied by gov.uk and purchasers are advised to seek their own legal advice)

Tenure: Leasehold

Local Council: Southwark / Tax Band: B

Floor plan: Whilst every attempt has been made to ensure accuracy, all measurements are approximate and not to scale. The floor plan is for illustrative purposes only.

Agent Details

Winkworth, Dulwich

020 3889 5958

Next Steps?

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

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