3 Bed Flat, Single Let, London, SE15 1BB, £425,000

Bird in Bush Road, London, SE15 1BB - 2 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£150K - £694K
Sold Prices/m²£3.6K/m² - £10.9K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£458,716
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£1,700 - £6,500

Rent Estimate

£2,267

Running Costs/mo

£1,802

Cashflow/mo

£465

Cashflow/yr

£5,586

ROI

4%

Gross Yield

6%

Local Sold Prices

36 sold prices from £150K to £694K, average is £370.5K. £3.6K/m² to £10.9K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£360K07/210.06 miFlat 20, Gisburn House, Friary Estate, London, Greater London SE15 1SE3
£345K11/200.11 mi26, Pencraig Way, London, Greater London SE15 1SH3
£350K03/230.17 miFlat 16, Millbrook House, Peckham Park Road, London, Greater London SE15 6TG3
£617K03/230.18 mi124a, Peckham Park Road, London, Greater London SE15 6UZ3
£600K03/230.41 mi37a, Kings Grove, London, Greater London SE15 2LY3
£357.5K11/200.47 miFlat 14, Alder House, Alder Close, London, Greater London SE15 6LH3
£395K03/210.55 mi16, Troon Close, London, Greater London SE16 3DX3
£442K03/210.55 mi10, Holywell Close, London, Greater London SE16 3EF3
£340K01/210.55 miFlat 11, Westonbirt Court, Ebley Close, London, Greater London SE15 6BH3
£375K10/230.62 miFlat 19, Longland Court, Rolls Road, London, Greater London SE1 5HA3
£350K06/210.65 miFlat 8, Downend Court, Bibury Close, London, Greater London SE15 6AQ3
£366K10/210.69 miFlat 12, Holford House, Manor Estate, London, Greater London SE16 3NP3
£435K12/200.76 miFlat 11, Osprey House, Pelican Estate, London, Greater London SE15 5NT3
£365K04/230.76 miFlat 20, Ramsfort House, Manor Estate, London, Greater London SE16 3NZ3
£150K01/210.78 miFlat 20, Netley, Dalwood Street, London, Greater London SE5 7EY3
£337.5K04/210.78 miFlat 54, Edmond Court, Dennetts Road, London, Greater London SE14 5LQ3
£412K03/230.82 mi2, Camilla Road, London, Greater London SE16 3NL3
£650K05/210.83 mi48c, Lausanne Road, London, Greater London SE15 2JB3
£350K05/210.83 mi46, Sedgmoor Place, London, Greater London SE5 7SE3
£292.5K06/210.88 miFlat 10, Meader Court, Robert Lowe Close, London, Greater London SE14 5PZ3
£694K06/210.89 mi28b, Erlanger Road, London, Greater London SE14 5TG3
£527K06/210.89 mi237, New Cross Road, London, Greater London SE14 5UH3
£625K02/230.9 mi95a, Shenley Road, London, Greater London SE5 8NE3
£389K11/200.91 mi9, Stacy Path, London, Greater London SE5 7SL3
£355K02/230.93 miFlat 10, Bethersden House, Kinglake Estate, London, Greater London SE17 2LH3
£630K11/200.93 mi19, Benwick Close, London, Greater London SE16 2HE3
£365K03/210.94 mi11, Ballow Close, London, Greater London SE5 7SJ3
£355K06/230.96 miFlat 25, Damory House, Abbeyfield Estate, London, Greater London SE16 2EZ3
£317.5K04/230.96 mi81, St Helena Road, London, Greater London SE16 2QY3
£440K02/210.97 mi51, Pepys Road, London, Greater London SE14 5SA3
£350K12/200.97 miFlat 27, Bodeney House, Peckham Road, London, Greater London SE5 8QL3
£526.5K01/230.98 miFlat 18, Fairlawn Mansions, New Cross Road, London, Greater London SE14 5PH3
£437K12/200.98 mi18, Coleby Path, London, Greater London SE5 7SN3
£375K01/210.98 mi14, Coleby Path, London, Greater London SE5 7SN3
£352K04/210.98 mi21, Coleby Path, London, Greater London SE5 7SN3
£450K08/240.99 mi10a, Dunton Road, London, Greater London SE1 5TJ3

Local Rents

49 rents from £1.7K/mo to £6.5K/mo, average is £2.7K/mo.

RentDateDistanceAddressBeds 
£2,40003/250.03 mi-3
£2,39608/240.08 miFriary Estate, London3
£2,50008/240.08 miCommercial Way Peckham SE153
£2,80001/250.12 mi-3
£3,00001/250.16 mi-3
£3,25003/250.16 mi-3
£2,54808/240.17 miHaymerle Road, London3
£2,35001/250.18 mi-3
£3,00008/240.19 miPennethorne Road, Peckham3
£2,80008/240.2 miPennethorne Road, Peckham3
£2,75008/240.21 miGeldart Road London SE153
£2,60010/230.21 miLindley Estate, London, SE153
£2,39608/240.21 miPeckham Park Road, London, SE153
£1,80011/230.21 miMilbrook House, Frensham Street, Off Peckham Park Road, SE253
£1,95012/240.22 mi-3
£2,50010/240.22 mi-3
£2,45011/240.22 mi-3
£2,57501/250.23 mi-3
£2,80011/240.28 mi-3
£3,40002/240.37 mi-3
£3,40008/240.37 miBermondsey, London, SE163
£5,50008/240.39 miPeckham Hill3
£6,00008/240.39 miPeckham Hill Street, Peckham, SE153
£6,50008/240.39 miPeckham Hill Street, SE153
£2,40011/240.39 mi-3
£3,60012/240.4 miRotherhithe New Road, South Bermondsey, London, SE163
£3,20008/240.4 miBloom House, 389 Rotherhithe New Road, London, SE163
£2,90012/240.41 miRotherhithe New Road London SE163
£4,00008/240.41 mi-3
£3,50009/240.41 mi-3
£2,90008/240.41 miMontpelier Road, Peckham3
£2,75008/240.44 miRyder Drive, New Cross3
£3,00012/240.46 miCrown Place Apartments , London3
£3,10008/240.46 miWoods Road, London, Peckham, SE153
£2,50008/240.47 miAlder House, SE153
£2,40008/240.47 miAlder House, London, SE153
£2,40008/240.47 miAlder Close, Alder Close3
£2,40008/240.47 mi-3
£2,85008/240.47 miWoods Road, Peckham, London, SE153
£2,40008/240.47 miAlder Close Peckham SE153
£2,10008/240.49 miDaniel Gardens, London, SE153
£2,24912/240.5 miSherwood Gardens, London3
£2,60003/250.51 mi-3
£2,80001/250.52 mi-3
£3,00011/240.52 mi-3
£2,70008/240.52 mi-3
£2,55012/240.52 mi-3
£1,70008/240.52 miFarrow Lane, London, SE143
£2,40008/240.52 miLondon, SE153

Local Area Statistics

Population in SE15

63,647

Population in London

4,771,921

Town centre distance

3.78 miles away

Nearest school

0.10 miles away

Nearest train station

0.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £425,000

October 21, 2024

Floor Plans

Description

  • CHAIN FREE +
  • Three bedroom flat +
  • Split level +
  • Spacious reception room +
  • Good size kitchen +
  • Separate bathroom and WC +
  • Private rear garden and allocated parking bay +
  • Great location for transport links +
  • Close to local amenities, schools and parks +
  • Total floor area: 86m²= 926ft² (guidance only) +

*GUIDE PRICE £425,000 - £450,000* Large three bedroom split level flat, dated but in good condition within easy walking distance of Peckham station, private garden, NO CHAIN.

LOCATION
Peckham is one of London's hottest neighbourhoods thanks to its urban vibe, period housing stock and growing arts scene stemming from Goldsmiths, University of London. A number of quirky shops, bars and restaurants have opened to serve the growing community of professionals, families and artists.
As much as Peckham draws in the crowds, those that need to travel are well provided for, with a quick 5 minute commute from the mainline station or London Overground to Central London.

LEASEHOLD INFORMATION
Length of Lease: 125 Years from 30th Jan 1989*
Time remaining on lease: Approx. 89 Years*
Service Charge: £1,112 per year *
Service Charges Review Period: Every 1 Year
Ground Rent: £10 per year *
Ground Rent Review Period: TBC*
(*to be verified by Vendors Solicitor)

ADDITIONAL INFORMATION
Postcode: SE15 1BB
Local Authority: London Borough of Southwark
Council Tax: Band C
EPC Rating: C

UTILITIES
• Mains electricity
• Mains water
• Mains gas
• Drainage to public sewer

FLOOD RISK
For information please visit: check-long-term-flood-risk.service.gov.uk/postcode

BROADBAND & MOBILE COVERAGE
For broadband and mobile phone coverage at the property please visit:
• Broadband: checker.ofcom.org.uk/en-gb/broadband-coverage
• Mobile: checker.ofcom.org.uk/en-gb/mobile-coverage

PARKING
Residents parking - allocated parking bay, on street - Mon-Fri 8am - 6.30pm Permit holders (T) or pay by phone (max stay 4 hours)

NEAREST TRAIN STATIONS
• Queens Road Peckham Station 0.82 km
• Queens Road Peckham Rail Station 0.85 km
• South Bermondsey Station 1.13 km
• South Bermondsey Rail Station 1.13 km
• Peckham Rye Station 1.14 km

Agent Details

Robinson Jackson, Lewisham

020 3834 8051

Next Steps?

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