2 Bed Flat, Single Let, London, SE22 8DF, £500,000

Hayes Grove, London, SE22 8DF - 1 views - 5 months ago

Sold STC

Leasehold

BTL

~68 m²

+4 photos

ValuationUndervalued

Sold Prices	£315K - £780K
Sold Prices/m²	£5.8K/m² - £11.3K/m²

Square Metres	~68.11 m²
Price/m²	£7.3K/m²
Value Estimate	£546,752£546,752
BMV	9%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£125,000£125,000
Stamp Duty & Legal Fees	£28,700£28,700
Total Cash In	£153,700£153,700

Cash Out
Rent Range	£800 - £3,280£800 - £3,280
Rent Estimate	£1,781
Running Costs/mo	£1,939£1,939
Cashflow/mo	£-158£-158
Cashflow/yr	£-1,892£-1,892
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £315K to £780K, average is £503.1K. £5.8K/m² to £11.3K/m², average is £8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£412.5K	02/23	0.02 mi	66, Hayes Grove, London, Greater London SE22 8DF	£7,001	59	2	Flat
£450K	03/23	0.02 mi	16, Hayes Grove, London, Greater London SE22 8DF	£6,716	67	2	Flat
£545K	06/21	0.03 mi	108a, Copleston Road, London, Greater London SE15 4AF	£9,083	60	2	Flat
£415K	06/23	0.06 mi	14, Besant Place, London, Greater London SE22 8DA	£6,332	66	2	Flat
£640K	11/20	0.09 mi	8, Oxenford Street, London, Greater London SE15 4DE	£10,323	62	2	Flat
£430K	02/23	0.1 mi	104a, Oglander Road, London, Greater London SE15 4DB	£7,167	60	2	Flat
£530K	11/20	0.1 mi	95a, Copleston Road, London, Greater London SE15 4AH	£8,983	59	2	Flat
£667.5K	06/21	0.15 mi	27a, Ondine Road, London, Greater London SE15 4ED	-	-	2	Flat
£315K	07/23	0.17 mi	Flat 35, Wheatland House, East Dulwich Estate, London, Greater London SE22 8AG	-	-	2	Flat
£710K	01/21	0.23 mi	10a, Copleston Road, London, Greater London SE15 4AD	£11,270	63	2	Flat
£590K	08/23	0.23 mi	37a, Copleston Road, London, Greater London SE15 4AN	£10,172	58	2	Flat
£600K	11/20	0.25 mi	50b, Adys Road, London, Greater London SE15 4DZ	£10,345	58	2	Flat
£575K	11/20	0.27 mi	23b, Adys Road, London, Greater London SE15 4DX	£7,372	78	2	Flat
£695K	06/21	0.3 mi	199d, Camberwell Grove, London, Greater London SE5 8JU	£8,373	83	2	Flat
£528K	01/21	0.32 mi	54b, Keston Road, London, Greater London SE15 4JB	£6,684	79	2	Flat
£687.5K	07/23	0.33 mi	8a, Worlingham Road, London, Greater London SE22 9HD	£10,742	64	2	Flat
£622.5K	06/21	0.33 mi	49, Worlingham Road, London, Greater London SE22 9HD	-	-	2	Flat
£625K	03/21	0.36 mi	14b, Howden Street, London, Greater London SE15 4LB	£8,333	75	2	Flat
£675K	11/20	0.37 mi	84a, Melbourne Grove, London, Greater London SE22 8QY	£9,375	72	2	Flat
£479K	03/21	0.37 mi	103a, East Dulwich Grove, London, Greater London SE22 8PU	£7,751	62	2	Flat
£395K	10/21	0.37 mi	127b, East Dulwich Grove, East Dulwich, London, Greater London SE22 8PU	-	-	2	Flat
£645K	05/21	0.37 mi	Ground Floor Flat, 17, Trossachs Road, London, Greater London SE22 8PY	-	-	2	Flat
£587.5K	05/21	0.38 mi	26a, Crystal Palace Road, London, Greater London SE22 9HB	£10,880	54	2	Flat
£475K	01/21	0.39 mi	71, Linwood Close, London, Greater London SE5 8UU	£6,597	72	2	Flat
£412.5K	01/23	0.41 mi	135, Linwood Close, Camberwell, London, Greater London SE5 8UY	£6,150	67	2	Flat
£468K	03/23	0.41 mi	127, Linwood Close, Camberwell, London, Greater London SE5 8UY	£7,313	64	2	Flat
£455K	01/21	0.41 mi	117, Linwood Close, London, Greater London SE5 8UY	£5,987	76	2	Flat
£455.5K	12/20	0.41 mi	127, Linwood Close, London, Greater London SE5 8UY	£7,117	64	2	Flat
£420K	02/21	0.41 mi	137, Linwood Close, London, Greater London SE5 8UY	£5,833	72	2	Flat
£550K	06/21	0.42 mi	12b, Tarbert Road, London, Greater London SE22 8QB	-	-	2	Flat
£530K	01/21	0.43 mi	33a, Fenwick Road, London, Greater London SE15 4HS	£9,298	57	2	Flat
£460K	04/21	0.44 mi	Second Floor Flat At, 27, Oakhurst Grove, London, Greater London SE22 9AH	-	-	2	Flat
£400K	06/23	0.44 mi	Flat 6, Mayfair Court, Fenwick Road, London, Greater London SE15 4HR	-	-	2	Flat
£345K	01/23	0.44 mi	Ground Floor Flat, 51, Oakhurst Grove, London, Greater London SE22 9AH	£6,273	55	2	Flat
£780K	11/21	0.45 mi	57a, Choumert Road, London, Greater London SE15 4AR	-	-	2	Flat
£577K	04/21	0.46 mi	6a, North Cross Road, East Dulwich, London, Greater London SE22 9EU	-	-	2	Flat
£400K	05/23	0.46 mi	10, North Cross Road, East Dulwich, London, Greater London SE22 9EU	-	-	2	Flat
£450K	03/21	0.46 mi	8, Dylways, London, Greater London SE5 8HR	-	-	2	Flat
£450K	11/20	0.48 mi	Flat 6, Ruskin Park House, Champion Hill, London, Greater London SE5 8TQ	-	-	2	Flat
£455K	07/21	0.48 mi	Flat 2, Ruskin Park House, Champion Hill, London, Greater London SE5 8TQ	-	-	2	Flat
£412K	01/21	0.48 mi	Flat 1, Ruskin Park House, Champion Hill, London, Greater London SE5 8TQ	-	-	2	Flat
£506.1K	07/23	0.48 mi	Flat 20, Ruskin Park House, Champion Hill, London, Greater London SE5 8TQ	£8,578	59	2	Flat
£500K	03/23	0.51 mi	119b, Crofton Road, London, Greater London SE5 8LZ	-	-	2	Flat
£567.5K	07/21	0.53 mi	106a, Bushey Hill Road, London, Greater London SE5 8QQ	£7,861	72	2	Flat
£319.5K	03/23	0.54 mi	Flat 61, Swinburne Court, Basingdon Way, London, Greater London SE5 8ER	-	-	2	Flat
£530K	12/20	0.56 mi	Ground Floor Flat, 37, Colwell Road, London, Greater London SE22 8QP	£8,548	62	2	Flat
£460K	09/21	0.57 mi	Flat 15, Howard Court, Peckham Rye, London, Greater London SE15 3PH	-	-	2	Flat
£347K	06/21	0.58 mi	Flat 77, Fearnley House, Vestry Road, London, Greater London SE5 8JR	-	-	2	Flat
£508K	01/21	0.59 mi	Ground Floor Flat, 186, Crystal Palace Road, London, Greater London SE22 9EP	£8,194	62	2	Flat
£565K	06/21	0.6 mi	49a, Darrell Road, London, Greater London SE22 9NJ	-	-	2	Flat

Local Rents

48 rents from £800/mo to £3.3K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,100	08/24	0.02 mi	Hayes Grove, SE22	2	Flat
£1,900	08/24	0.02 mi	Hayes Grove	2	Flat
£2,200	10/24	0.03 mi	-	2	Flat
£2,100	03/25	0.04 mi	-	2	Flat
£2,100	08/24	0.06 mi	Besant Place, East Dulwich	2	Flat
£2,250	08/24	0.09 mi	Grove Vale	2	Flat
£1,950	01/25	0.1 mi	-	2	Flat
£2,297	08/24	0.1 mi	Copleston Road, East Dulwich, London	2	Flat
£2,500	08/24	0.12 mi	Oglander Road, London	2	Flat
£3,280	02/24	0.12 mi	-	2	Flat
£2,100	12/24	0.13 mi	-	2	Flat
£2,250	03/25	0.13 mi	-	2	Flat
£1,895	11/24	0.14 mi	-	2	Flat
£2,200	08/24	0.16 mi	Bellenden Road London SE15	2	Flat
£2,100	08/24	0.16 mi	Copleston Road, East Dulwich	2	Flat
£2,475	02/25	0.18 mi	-	2	Flat
£2,800	08/24	0.18 mi	Tintagel Crescent, East Dulwich, London, SE22	2	House
£800	02/25	0.19 mi	-	2	Flat
£2,995	12/24	0.19 mi	Ivanhoe Road, London, SE5	2	Flat
£2,750	12/24	0.19 mi	-	2	Flat
£1,900	08/24	0.19 mi	Dog Kennel Hill Estate London SE22	2	Flat
£1,850	08/24	0.2 mi	Wheatland House, Dog Kenell Hill Estate, East Duwlich, SE22	2	Flat
£2,350	11/24	0.2 mi	-	2	Flat
£2,500	08/24	0.21 mi	Elsie Road, East Dulwich, London, SE22	2	Flat
£1,950	08/24	0.21 mi	East Dulwich Road East Dulwich SE22	2	Flat
£2,750	08/24	0.21 mi	Avondale Rise, Peckham Rye, London, SE15	2	Flat
£2,400	08/24	0.21 mi	Melbourne Grove, London, SE22	2	Flat
£2,500	08/24	0.21 mi	Dog Kennel Hill	2	Flat
£2,600	08/24	0.22 mi	Cavell Court, London, SE22	2	Flat
£2,500	08/24	0.22 mi	Cavell Court, London, SE22	2	Flat
£1,950	08/24	0.22 mi	-	2	Flat
£2,500	11/24	0.23 mi	-	2	Flat
£2,450	01/25	0.23 mi	-	2	Terraced House
£1,850	01/25	0.23 mi	-	2	Flat
£2,100	04/25	0.24 mi	-	2	Flat
£2,450	08/24	0.24 mi	-	2	Semi-Detached House
£1,850	08/24	0.24 mi	-	2	Terraced House
£2,100	09/24	0.25 mi	-	2	Flat
£1,750	08/24	0.25 mi	Adys Road, Peckham, London, SE15	2	Flat
£2,250	08/24	0.25 mi	Adys Road, Peckham, London, SE15	2	Flat
£2,000	02/25	0.25 mi	-	2	Flat
£2,500	08/24	0.26 mi	Adys Road, East Dulwich	2	Flat
£1,700	11/24	0.27 mi	-	2	Flat
£1,900	08/24	0.27 mi	Abbotswood Road	2	Terraced House
£2,349	02/25	0.28 mi	-	2	Flat
£2,900	08/24	0.28 mi	-	2	Flat
£2,900	09/24	0.28 mi	-	2	Flat
£2,500	03/25	0.28 mi	-	2	Flat

Local Area Statistics

Population in SE22	29,68729,687
Population in London	4,771,9214,771,921
Town centre distance	4.65 miles away4.65 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.12 miles away0.12 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 £500,000

November 20, 2024

Sold for £200,879

2004

Floor Plans

Description

Two double bedrooms +
Two bathrooms +
Ground floor +
Communal gardens +
Good condition throughout +
CHAIN FREE +

CHAIN FREE – Charming, spacious and beautifully bright two-bedroom purpose built apartment ideally located between East Dulwich and Peckham Rye.

Hayes Grove is enviably located for the independent shops, bars and restaurants of Lordship Lane, Bellenden Road and North Cross Road. There are a host of parks and green spaces nearby as well as strong primary and secondary school options. There are strong transport links into The City and West End from East Dulwich station (0.1 miles) and Peckham Rye station (0.8 miles) as well as bus/cycle routes through the neighbouring Denmark Hill, Herne Hill and Dulwich Village.

Boasting over 710 Sq Ft of internal space and situated on the ground floor of this private, cul-de-sac development – there are two comfortable double bedrooms, including a 15ft principal bedroom with built-in storage and an en-suite shower room. There is a 15-ft bay-fronted reception room with an attached, modern kitchen as well as the modern family bathroom. There are beautiful, well-kept communal gardens.

Early viewing recommended.

Agent Details

Pedder, East Dulwich

020 3889 1517

Next Steps?

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