2 Bed Flat, Single Let, London, SE22 8NP, £525,000

Ashdown Court, Highwood Close, East Dulwich, SE22 8NP - 2 views - 5 months ago

Leasehold

BTL

~68 m²

+5 photos

ValuationOvervalued

Sold Prices	£250K - £645K
Sold Prices/m²	£4.8K/m² - £8.9K/m²

Square Metres	~68.11 m²
Price/m²	£7.7K/m²
Value Estimate	£481,372£481,372

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£131,250£131,250
Stamp Duty & Legal Fees	£30,700£30,700
Total Cash In	£161,950£161,950

Cash Out
Rent Range	£1,550 - £5,500£1,550 - £5,500
Rent Estimate	£1,600
Running Costs/mo	£1,981£1,981
Cashflow/mo	£-381£-381
Cashflow/yr	£-4,567£-4,567
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £250K to £645K, average is £408.8K. £4.8K/m² to £8.9K/m², average is £7.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£460K	10/20	0.01 mi	Flat 14, Ashdown Court, Highwood Close, London, Greater London SE22 8NP	-	-	2	Flat
£337K	07/21	0.05 mi	Flat 9, Sherwood Court, Highwood Close, London, Greater London SE22 8NL	-	-	2	Flat
£425K	11/20	0.09 mi	559d, Lordship Lane, London, Greater London SE22 8LB	-	-	2	Flat
£375K	05/21	0.15 mi	Flat 30, Bromleigh Court, Sydenham Hill, London, Greater London SE23 3PW	-	-	2	Flat
£325K	06/21	0.16 mi	Flat 1, Parfew Court, Sydenham Hill, London, Greater London SE23 3PP	-	-	2	Flat
£624K	03/21	0.24 mi	43a, Melford Road, London, Greater London SE22 0AQ	£7,429	84	2	Flat
£315K	02/21	0.25 mi	Flat 14, Glennie Court, Lordship Lane, London, Greater London SE22 8NY	-	-	2	Flat
£500K	01/23	0.26 mi	Flat 18, Frobisher Court, Sydenham Rise, London, Greater London SE23 3XH	-	-	2	Flat
£265K	03/21	0.26 mi	Flat 52, Campbell Court, Lordship Lane, London, Greater London SE22 8NX	-	-	2	Flat
£365K	03/21	0.33 mi	85, Eliot Bank, London, Greater London SE23 3XD	£6,404	57	2	Flat
£620K	04/21	0.34 mi	107a, Wood Vale, London, Greater London SE23 3DT	£8,732	71	2	Flat
£400K	12/20	0.35 mi	76c, Honor Oak Road, London, Greater London SE23 3RR	£6,667	60	2	Flat
£539K	12/20	0.36 mi	Flat 1, Queens Court, Taymount Rise, London, Greater London SE23 3UP	-	-	2	Flat
£375K	02/21	0.37 mi	Flat 2, Forest Croft, Taymount Rise, London, Greater London SE23 3UN	-	-	2	Flat
£293K	06/21	0.37 mi	Flat 3, Forest Croft, Taymount Rise, Forest Hill, London, Greater London SE23 3UN	-	-	2	Flat
£335K	12/20	0.37 mi	Flat 34, Forest Croft, Taymount Rise, Forest Hill, London, Greater London SE23 3UN	-	-	2	Flat
£315K	09/21	0.4 mi	24 Ashton Heights, Horniman Drive, London, Greater London SE23 3BS	-	-	2	Flat
£632.5K	12/20	0.4 mi	73a, Overhill Road, London, Greater London SE22 0PQ	£8,760	72	2	Flat
£395K	12/20	0.43 mi	Flat 21, Taymount Grange, Taymount Rise, Forest Hill, London, Greater London SE23 3UH	-	-	2	Flat
£473K	08/23	0.43 mi	Flat 86, Taymount Grange, Taymount Rise, Forest Hill, London, Greater London SE23 3UJ	-	-	2	Flat
£355K	01/21	0.49 mi	Flat 34, Cityview Court, Overhill Road, London, Greater London SE22 0PZ	£5,071	70	2	Flat
£320K	11/20	0.5 mi	Flat 3, Baxter House, Horniman Drive, London, Greater London SE23 3BJ	-	-	2	Flat
£545K	01/21	0.52 mi	156b, Dunstans Road, London, Greater London SE22 0ES	-	-	2	Flat
£643K	03/21	0.52 mi	176b, Dunstans Road, London, Greater London SE22 0ES	-	-	2	Flat
£350K	12/20	0.55 mi	38b, Ewelme Road, London, Greater London SE23 3BH	£8,537	41	2	Flat
£585K	07/21	0.55 mi	6, Overhill Road, London, Greater London SE22 0PH	£7,500	78	2	Flat
£385K	06/21	0.56 mi	30d, Panmure Road, London, Greater London SE26 6NA	£5,066	76	2	Flat
£485K	02/23	0.56 mi	Ground Floor Flat, 133, Honor Oak Road, London, Greater London SE23 3SL	-	-	2	Flat
£450K	02/24	0.56 mi	Flat 1, Mayode House, Round Hill, London, Greater London SE26 4RF	£7,258	62	2	Flat
£427.5K	08/21	0.56 mi	49a, Devonshire Road, London, Greater London SE23 3EN	£4,803	89	2	Flat
£540K	09/21	0.58 mi	108, Goodrich Road, London, Greater London SE22 0ER	-	-	2	Flat
£420K	02/21	0.59 mi	23b, Panmure Road, London, Greater London SE26 6NB	£6,501	65	2	Flat
£340K	07/23	0.6 mi	184, Wood Vale, London, Greater London SE23 3EA	£5,075	67	2	Flat
£495K	01/21	0.61 mi	17, Hillcourt Road, London, Greater London SE22 0PF	£7,500	66	2	Flat
£379K	10/20	0.62 mi	Flat 4, Leamington Court, Droitwich Close, London, Greater London SE26 6TN	-	-	2	Flat
£375K	04/21	0.62 mi	21, Oaksford Avenue, London, Greater London SE26 6AR	£7,067	53	2	Flat
£420K	10/20	0.62 mi	Flat 2, Leamington Court, Droitwich Close, London, Greater London SE26 6TN	-	-	2	Flat
£475K	09/23	0.62 mi	Flat 6, Leamington Court, Droitwich Close, London, Greater London SE26 6TN	-	-	2	Flat
£320K	07/23	0.63 mi	Flat 6, Simone Court, Dartmouth Road, London, Greater London SE26 4RP	-	-	2	Flat
£645K	06/21	0.64 mi	218, Friern Road, London, Greater London SE22 0BB	-	-	2	Flat
£417.5K	03/21	0.64 mi	Flat 8, Harrogate Court, Droitwich Close, London, Greater London SE26 6TL	-	-	2	Flat
£355K	04/21	0.64 mi	141, Dartmouth Road, London, Greater London SE23 3HX	£5,000	71	2	Flat
£312.5K	04/23	0.65 mi	Flat C, 122, Devonshire Road, London, Greater London SE23 3SX	-	-	2	Flat
£250K	06/21	0.65 mi	90a, Devonshire Road, London, Greater London SE23 3SX	£4,984	50	2	Flat
£555K	02/21	0.65 mi	95, Dunstans Road, London, Greater London SE22 0HD	£8,043	69	2	Flat
£540K	05/23	0.66 mi	Lower Flat, 112, Dunstans Road, London, Greater London SE22 0HE	-	-	2	Flat
£490K	06/21	0.66 mi	Lower Flat, 112, Dunstans Road, London, Greater London SE22 0HE	-	-	2	Flat
£615K	11/20	0.66 mi	99, Dunstans Road, London, Greater London SE22 0HD	£8,913	69	2	Flat
£375K	01/21	0.67 mi	91a, Goodrich Road, London, Greater London SE22 0EP	£7,813	48	2	Flat
£335K	04/23	0.68 mi	14, Church Vale, London, Greater London SE23 2UW	£5,877	57	2	Flat

Local Rents

49 rents from £1.6K/mo to £5.5K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,130	08/24	0.03 mi	Mercia Court, Highwood Close	2	Flat
£2,000	08/24	0.05 mi	Highwood Close, SE22	2	Flat
£2,250	08/24	0.14 mi	Lordship Lane, East Dulwich, London, SE22	2	Flat
£1,800	08/24	0.15 mi	Sydenham Hill London SE23	2	Flat
£2,800	08/24	0.15 mi	-	2	Flat
£2,700	04/25	0.15 mi	-	2	Detached House
£2,800	08/24	0.15 mi	Lordship Lane, London, SE22	2	Detached House
£2,100	08/24	0.16 mi	Underhill Road East Dulwich SE22	2	Flat
£1,700	08/24	0.16 mi	Streamline Mews, East Dulwich, SE22	2	Flat
£2,100	08/24	0.17 mi	Wood Vale London SE23	2	Flat
£1,800	09/24	0.17 mi	-	2	Flat
£2,300	08/24	0.2 mi	-	2	House
£1,750	08/24	0.2 mi	Dukes Court, Lordship Lane, SE22	2	Flat
£2,200	08/24	0.2 mi	Lordship Lane, London, SE22	2	Flat
£2,200	09/24	0.2 mi	-	2	Flat
£1,800	10/23	0.2 mi	Lordship Lane, East Dulwich	2	Flat
£2,250	09/24	0.23 mi	Lordship Lane, East Dulwich, London, SE22	2	Flat
£2,500	10/24	0.26 mi	-	2	Flat
£2,300	02/25	0.26 mi	-	2	Flat
£1,800	09/24	0.29 mi	-	2	Flat
£2,200	08/24	0.29 mi	Underhill Road Dulwich SE22	2	Flat
£1,600	08/24	0.31 mi	Eliot Bank, Forest Hill, London, SE23	2	Flat
£1,800	08/24	0.32 mi	-	2	Flat
£1,950	08/24	0.34 mi	59 Wood Vale, London, SE23	2	Flat
£2,100	08/24	0.34 mi	Wood Vale London SE23	2	Flat
£2,100	08/24	0.34 mi	Wood Vale Dulwich SE23	2	Flat
£1,600	08/24	0.34 mi	Heathedge, Forest Hill, London, SE26	2	Flat
£1,550	08/24	0.34 mi	Heathedge , Sydenham	2	Flat
£1,950	08/24	0.35 mi	Honor Oak Road London SE23	2	Flat
£1,850	02/25	0.36 mi	-	2	Flat
£1,750	08/24	0.36 mi	Norman Court, Lordship Lane, London, SE22	2	Flat
£1,650	08/24	0.36 mi	Norman Court, Lordship Lane, London, SE22	2	Flat
£1,650	02/24	0.36 mi	-	2	House
£1,750	02/25	0.36 mi	-	2	Flat
£2,200	02/25	0.36 mi	-	2	Flat
£1,650	08/24	0.37 mi	Taymount Rise, Forest Hill, London, SE23	2	Flat
£1,950	08/24	0.38 mi	Wood Vale, Forest Hill, London, SE23	2	Flat
£1,800	08/24	0.39 mi	Taymount Rise, Forest Hill SE23	2	Flat
£2,100	08/24	0.42 mi	-	2	Flat
£1,650	08/24	0.42 mi	Horniman Drive, Forest Hill, London, SE23	2	Flat
£1,955	08/24	0.42 mi	-	2	House
£1,800	01/25	0.42 mi	-	2	Flat
£2,300	08/24	0.43 mi	Taymount Rise London SE23	2	Flat
£1,600	09/24	0.43 mi	Taymount Grange, Forest Hill, SE23	2	Flat
£2,400	11/24	0.43 mi	-	2	Flat
£2,000	08/24	0.43 mi	Taymount Rise, London, SE23	2	Flat
£2,650	02/25	0.43 mi	-	2	Flat
£5,500	09/24	0.44 mi	-	2	Flat
£2,197	08/24	0.44 mi	Upland Road, Dulwich, London, SE22	2	Flat

Local Area Statistics

Population in SE22	29,68729,687
Population in London	4,771,9214,771,921
Town centre distance	6.23 miles away6.23 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.61 miles away0.61 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 £525,000

November 13, 2024

Sold for £250,000

2006

Floor Plans

Description

Communal bike storage +
Off Road Parking on Estate +
2 Bed 2 Bathroom +
Very large private garden +

This impressive and generously sized two-bedroom ground floor garden apartment is set within a modern gated development, ideally situated near Dulwich Village. The flat is beautifully maintained and features a spacious reception room that opens directly onto a private garden, creating a perfect space for relaxation and entertaining. The modern kitchen is fully equipped and tastefully designed, complementing the overall stylish feel of the property.

The accommodation includes two large double bedrooms, with one offering the convenience of an ensuite shower room, in addition to a family bathroom. The property also benefits from off-street parking within the secure, gated community.

Located in an excellent position close to various transport links, including the East London connections at Forest Hill, this property offers easy access to central London and surrounding areas. With the added advantage of being chain-free, this apartment is a rare find, and early viewings are highly recommended.

INFORMATION AND SERVICES

Tenure: Leasehold - Approx 138 years remaining

Service Charge: Approx £3000 pa

Ground Rent: Approx £300pa

EPC: D

Council Tax Band: D

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.

Agent Details

Truepenny's, Dulwich

020 8693 2277

Next Steps?

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