2 Bed Flat, Single Let, London, SE15 2SS, £350,000

Woods Road, London, SE15 2SS - 1 views - 6 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£300K - £780K
Sold Prices/m²£5K/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

£1,595 - £3,033

Rent Estimate

£1,600

Running Costs/mo

£1,434

Cashflow/mo

£166

Cashflow/yr

£1,995

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £300K to £780K, average is £442.8K. £5K/m² to £14.8K/m², average is £6.6K/m².

PriceDateDistanceAddressBeds 
£340K06/230.09 miFlat 5, Montpelier Court, Montpelier Road, London, Greater London SE15 2HA2
£645K02/210.18 mi133a, Kirkwood Road, London, Greater London SE15 2BG2
£477.5K12/200.24 mi117b, Brayards Road, London, Greater London SE15 2BX2
£360K06/210.27 mi97, Bath Close, London, Greater London SE15 2JT2
£425K01/210.28 mi22, Meeting House Lane, London, Greater London SE15 2UN2
£780K05/230.28 miFlat 18, Pioneer Centre, Frobisher Place, London, Greater London SE15 2EE2
£750K02/210.28 miFlat 15, Pioneer Centre, Frobisher Place, London, Greater London SE15 2EE2
£402K03/230.29 mi47, Laburnum Close, London, Greater London SE15 2LJ2
£365K03/210.31 mi33, Blanch Close, London, Greater London SE15 2LD2
£377.5K01/210.31 miFirst Floor Flat B, 4, Kincaid Road, London, Greater London SE15 5UN2
£607.5K03/210.32 mi14a, Wroxton Road, London, Greater London SE15 2BN2
£340K10/210.32 mi11a, Raul Road, London, Greater London SE15 5HR2
£395K02/230.34 mi29a, St Marys Road, London, Greater London SE15 2EA2
£335K12/200.36 mi14b, Marmont Road, London, Greater London SE15 5TE2
£448K07/230.37 miFlat 34, Wakefield House, Goldsmith Road, London, Greater London SE15 5ST2
£533.5K05/210.38 mi5a, Nutcroft Road, London, Greater London SE15 1AG2
£400K06/230.38 mi32, Wentworth Crescent, London, Greater London SE15 5UG2
£340K12/200.38 miFlat 66, Juniper House, Pomeroy Street, London, Greater London SE14 5BY2
£528.5K04/210.38 mi47a, Naylor Road, London, Greater London SE15 1QJ2
£365K06/230.38 mi89, Naylor Road, London, Greater London SE15 1QJ2
£615K07/210.38 mi76b, Lausanne Road, London, Greater London SE15 2JB2
£478.9K06/230.39 mi31, Clifton Crescent, London, Greater London SE15 2RX2
£430.5K03/210.39 mi22, Clifton Crescent, London, Greater London SE15 2RX2
£387.5K06/210.41 mi9, Evelina Road, London, Greater London SE15 2DX2
£430K07/230.41 mi15, Evelina Road, London, Greater London SE15 2DX2
£558.5K12/210.42 mi100c, Peckham Hill Street, London, Greater London SE15 5JT2
£535K07/230.44 mi30, Kender Street, London, Greater London SE14 5JG2
£470K06/210.44 mi67, Manaton Close, London, Greater London SE15 3PW2
£410K08/210.44 miFlat 9, Ernest Simmonds House, Dennetts Road, London, Greater London SE14 5LN2
£426K10/210.44 mi79, Manaton Close, London, Greater London SE15 3PW2
£365K03/230.45 mi12, Symons Close, London, Greater London SE15 3SF2
£312.5K06/210.46 miFlat 2, Hammond House, Lubbock Street, London, Greater London SE14 5HY2
£445K03/230.48 mi69a, Friary Road, Peckham, London, Greater London SE15 1QS2
£455K10/200.49 miGarden Flat, 18b, Waller Road, London, Greater London SE14 5LA2
£450K04/230.49 mi48a, Waller Road, New Cross, London, Greater London SE14 5LA2
£390K06/210.52 miFlat 2, Elliott House, Arbuthnot Road, London, Greater London SE14 5LT2
£440.5K10/200.52 miFlat 5, Elliott House, Arbuthnot Road, London, Greater London SE14 5LT2
£555K03/210.54 mi96c, Waller Road, New Cross, London, Greater London SE14 5LY2
£600K03/210.54 mi77b, Waller Road, New Cross, London, Greater London SE14 5LB2
£610K10/210.54 mi85b, Waller Road, London, Greater London SE14 5LB2
£345K05/210.56 miFlat 11, Station Court, Gibbon Road, London, Greater London SE15 2AP2
£470K09/210.57 mi108a, New Cross Road, London, Greater London SE14 5BA2
£337.5K10/200.58 miFlat 8, Cedar House, Erlanger Road, London, Greater London SE14 5TB2
£780K11/210.59 mi57a, Choumert Road, London, Greater London SE15 4AR2
£618.5K06/210.59 miGround And First Floor Flat, 180, Waller Road, New Cross, London, Greater London SE14 5LU2
£300K08/210.62 miFlat 3, Glastonbury Court, Farrow Lane, London, Greater London SE14 5EA2
£450K06/230.62 mi78, Tappesfield Road, London, Greater London SE15 3EZ2
£332K04/230.62 mi102, Water Lane, London, Greater London SE14 5DN2
£600K06/210.63 mi52, Nunhead Lane, London, Greater London SE15 3TU2
£460K09/210.63 miFlat 15, Howard Court, Peckham Rye, London, Greater London SE15 3PH2

Local Rents

49 rents from £1.6K/mo to £3K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,30008/240 mi-2
£2,30004/250 mi-2
£1,59508/240.01 miKendrick Court, 27 Woods Road, London, SE152
£1,80008/240.01 miWoods Road, Peckham, SE152
£1,80008/240.01 mi-2
£1,80008/240.02 miWoods Road Peckham SE152
£2,00008/240.02 miWoods Road London SE152
£2,00008/240.02 miBurchell Road, Peckham, London, SE152
£2,10008/240.08 miQueens Road Peckham SE152
£1,85008/240.08 miQueens Road Peckham SE152
£1,85008/240.08 miQueens Road Peckham SE152
£2,70008/240.09 miWoods Road, Peckham, London, SE152
£2,20012/240.09 mi-2
£2,10008/240.1 miLugard Road London SE152
£1,95002/240.11 mi-2
£2,14508/240.11 mi139 Queens Road Peckham SE152
£2,40008/240.13 miMontpelier Road London SE152
£2,40008/240.14 miQueens Road, Peckham, SE152
£2,25008/240.15 miQueens Road, Peckham2
£2,00008/240.15 miQueens Road, Peckham, London, SE152
£2,40010/240.16 mi-2
£2,50001/250.17 mi-2
£2,50008/240.17 miConsort Road Peckham SE152
£2,00010/240.17 mi-2
£2,35002/240.18 mi-2
£2,25002/240.18 mi-2
£2,50008/240.18 mi-2
£1,60009/240.19 mi-2
£2,10008/240.19 miLavender House, London, SE152
£1,95011/240.19 mi-2
£1,85011/240.19 mi-2
£2,50009/240.19 mi-2
£1,75008/240.2 miYork Grove, London2
£2,00012/240.2 mi-2
£3,03303/250.21 mi-2
£2,15009/240.21 mi-2
£2,15010/240.21 mi-2
£1,75008/240.22 miAstbury Road, Peckham, SE152
£1,95008/240.22 miMontpelier Road Peckham SE152
£2,35002/250.23 mi-2
£2,20008/240.24 miBrayards Road, London, SE152
£2,10001/250.25 mi-2
£2,20002/250.25 mi-2
£1,85008/240.25 miQueens Road Peckham SE152
£1,80008/240.26 miMarmont Road, Peckham2
£2,65008/240.26 miAssembly Apartments2
£2,40008/240.26 miQueens Road, Peckham, London, SE152
£1,85008/240.27 miBrayards Road London SE152
£1,85002/240.27 mi-2

Local Area Statistics

Population in SE15

63,647

Population in London

4,771,921

Town centre distance

4.29 miles away

Nearest school

0.10 miles away

Nearest train station

0.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £350,000

October 7, 2024

Floor Plans

Description

GUIDE PRICE: £350,000 - £375,000

Introducing this third floor two bedroom purpose built apartment set within a desirable location in the highly sought after area in Peckham.

The accommodation on offer comprises communal entrance, private entrance, entrance hall, 14'0 reception room, fully fitted kitchen, two well-proportioned bedrooms with the principal bedroom benefitting from built in storage and ensuite shower room. There is also a three piece bathroom suite, access to large loft space and allocated gated parking to the rear of building.

This is an excellent choice for first-time buyers looking to get onto the property ladder, as well as buy-to-let investors. This apartment is offered in superb condition throughout.

Internal viewing is highly recommended, please call Winkworth on to arrange an appointment to view.

Location:
Located just minutes away from Queens Road Peckham overground and rail station, this property allows for an easy commute to the City, Canary Wharf and the West End. Canada Water and London Bridge are within 10 minutes.

Queens Road is a thriving high street with bars and restaurants and will soon be host to the start of the Peckham Coal Line.

There are also an excellent range of cafes, bars and restaurants in the vicinity, with access to many local bus routes serving central London.

Agent Details

Winkworth, New Cross

020 3959 7453

Next Steps?

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