3 Bed Flat, Single Let, London, SE5 7DD, £325,000

VOLTAIRE Sceaux Gardens, London, Greater London, SE5 7DD - 2 views - 4 months ago

Leasehold

BTL

ROI: 9%

79 m²

+7 photos

ValuationUndervalued

Sold Prices	£150K - £910K
Sold Prices/m²	£3.6K/m² - £14.7K/m²

Square Metres	78.60 m²
Price/m²	£4.1K/m²
Value Estimate	£390,000£390,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£81,250£81,250
Stamp Duty & Legal Fees	£14,700£14,700
Total Cash In	£95,950£95,950

Cash Out
Rent Range	£2,000 - £4,500£2,000 - £4,500
Rent Estimate	£2,150
Running Costs/mo	£1,466£1,466
Cashflow/mo	£684£684
Cashflow/yr	£8,213£8,213
ROI	9%9%
Gross Yield	8%8%

Local Sold Prices

50 sold prices from £150K to £910K, average is £413K. £3.6K/m² to £14.7K/m², average is £5.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£150K	01/21	0.06 mi	Flat 20, Netley, Dalwood Street, London, Greater London SE5 7EY	-	-	3	Flat
£350K	05/21	0.14 mi	46, Sedgmoor Place, London, Greater London SE5 7SE	£3,608	97	3	Flat
£350K	12/20	0.19 mi	Flat 27, Bodeney House, Peckham Road, London, Greater London SE5 8QL	£5,224	67	3	Flat
£411K	01/21	0.22 mi	Flat 26, Longleigh House, Peckham Road, London, Greater London SE5 8UW	-	-	3	Flat
£435K	12/20	0.23 mi	Flat 11, Osprey House, Pelican Estate, London, Greater London SE15 5NT	£5,506	79	3	Flat
£389K	11/20	0.25 mi	9, Stacy Path, London, Greater London SE5 7SL	£5,118	76	3	Flat
£625K	02/23	0.25 mi	95a, Shenley Road, London, Greater London SE5 8NE	-	-	3	Flat
£415K	06/23	0.25 mi	Flat 11, Mayward House, Peckham Road, London, Greater London SE5 7NA	-	-	3	Flat
£365K	03/21	0.26 mi	11, Ballow Close, London, Greater London SE5 7SJ	£4,932	74	3	Flat
£725K	09/21	0.29 mi	28a, Wilson Road, London, Greater London SE5 8PB	£7,880	92	3	Flat
£437K	12/20	0.32 mi	18, Coleby Path, London, Greater London SE5 7SN	£5,675	77	3	Flat
£375K	01/21	0.32 mi	14, Coleby Path, London, Greater London SE5 7SN	£4,213	89	3	Flat
£352K	04/21	0.32 mi	21, Coleby Path, London, Greater London SE5 7SN	£4,513	78	3	Flat
£460K	02/21	0.35 mi	98, Mary Datchelor Close, London, Greater London SE5 7DY	£5,349	86	3	Flat
£400K	12/20	0.42 mi	Flat 10, Hood House, Elmington Estate, London, Greater London SE5 7QN	£5,479	73	3	Flat
£350K	06/21	0.43 mi	Flat 8, Downend Court, Bibury Close, London, Greater London SE15 6AQ	-	-	3	Flat
£340K	01/21	0.46 mi	Flat 11, Westonbirt Court, Ebley Close, London, Greater London SE15 6BH	£4,000	85	3	Flat
£357.5K	11/20	0.47 mi	Flat 14, Alder House, Alder Close, London, Greater London SE15 6LH	-	-	3	Flat
£517.5K	01/23	0.49 mi	132, Camberwell Grove, Camberwell, London, Greater London SE5 8RQ	-	-	3	Flat
£614.7K	06/21	0.49 mi	116, Camberwell Grove, Camberwell, London, Greater London SE5 8RQ	£6,272	98	3	Flat
£500K	01/21	0.59 mi	19, Harbord Close, London, Greater London SE5 8AG	£6,410	78	3	Flat
£390K	05/21	0.6 mi	89c, Denmark Hill, London, Greater London SE5 8AA	-	-	3	Flat
£617K	03/23	0.61 mi	124a, Peckham Park Road, London, Greater London SE15 6UZ	-	-	3	Flat
£415K	07/21	0.68 mi	Flat 4, Hannen House, Champion Park, London, Greater London SE5 8TE	-	-	3	Flat
£740K	04/21	0.69 mi	124, Grove Lane, London, Greater London SE5 8BP	£8,043	92	3	Flat
£367K	08/23	0.7 mi	Flat 4, Wheatland House, East Dulwich Estate, London, Greater London SE22 8AG	-	-	3	Flat
£540K	06/21	0.72 mi	Flat 230, Ruskin Park House, Champion Hill, London, Greater London SE5 8TG	-	-	3	Flat
£540K	09/21	0.72 mi	Flat 228, Ruskin Park House, Champion Hill, London, Greater London SE5 8TG	-	-	3	Flat
£350K	03/23	0.75 mi	Flat 16, Millbrook House, Peckham Park Road, London, Greater London SE15 6TG	-	-	3	Flat
£765K	12/20	0.76 mi	81a, Copleston Road, London, Greater London SE15 4AH	£14,712	52	3	Flat
£600K	03/23	0.76 mi	249, Bellenden Road, London, Greater London SE15 4DQ	£8,696	69	3	Flat
£360K	07/21	0.78 mi	Flat 20, Gisburn House, Friary Estate, London, Greater London SE15 1SE	-	-	3	Flat
£420K	03/21	0.8 mi	5, Spring Hill Close, London, Greater London SE5 8AJ	£5,753	73	3	Flat
£415K	09/21	0.82 mi	Flat 59, St. Peters House, Queens Row, London, Greater London SE17 2PU	-	-	3	Flat
£450K	11/20	0.83 mi	Flat 17, Holderness House, Champion Hill, London, Greater London SE5 8DR	-	-	3	Flat
£535K	06/21	0.83 mi	23, Councillor Street, London, Greater London SE5 0LY	-	-	3	Flat
£307.5K	05/21	0.83 mi	94, Wyndham Road, London, Greater London SE5 0UB	£4,100	75	3	Flat
£695K	06/21	0.84 mi	34b, Urlwin Street, London, Greater London SE5 0NF	£8,688	80	3	Flat
£302.3K	07/21	0.88 mi	8, Gateway, London, Greater London SE17 3HQ	£3,731	81	3	Flat
£345K	11/20	0.88 mi	26, Pencraig Way, London, Greater London SE15 1SH	£4,600	75	3	Flat
£910K	01/23	0.89 mi	2, Carre Mews, London, Greater London SE5 9LS	£9,950	91	3	Flat
£355K	02/23	0.89 mi	Flat 10, Bethersden House, Kinglake Estate, London, Greater London SE17 2LH	-	-	3	Flat
£350K	02/21	0.89 mi	Flat 14, Cross Court, Denmark Hill Estate, London, Greater London SE5 8HH	-	-	3	Flat
£350K	02/21	0.9 mi	Flat 14, Cross Court, Denmark Hill Estate, London, Greater London SE5 8HH	-	-	3	Flat
£430K	11/20	0.91 mi	25, Monclar Road, London, Greater London SE5 8AX	£5,302	81	3	Flat
£350K	05/21	0.91 mi	10, Arnould Avenue, London, Greater London SE5 8AU	-	-	3	Flat
£350K	05/21	0.91 mi	10, Arnould Avenue, London, Greater London SE5 8AU	-	-	3	Flat
£357.5K	09/20	0.92 mi	9, Ivy Church Lane, London, Greater London SE17 2RN	£4,157	86	3	Flat
£600K	03/23	0.93 mi	37a, Kings Grove, London, Greater London SE15 2LY	£10,909	55	3	Flat
£422K	12/20	0.95 mi	Flat 9, Dighton Court, John Ruskin Street, London, Greater London SE5 0PR	-	-	3	Flat

Local Rents

50 rents from £2K/mo to £4.5K/mo, average is £2.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,200	12/24	0.08 mi	-	3	Semi-Detached House
£2,400	12/24	0.1 mi	-	3	Flat
£3,000	01/25	0.13 mi	-	3	Flat
£2,750	03/25	0.13 mi	-	3	Flat
£3,500	12/24	0.13 mi	-	3	Flat
£3,500	12/24	0.13 mi	Grove Lane, London, SE5	3	Flat
£2,750	03/25	0.16 mi	-	3	Flat
£2,750	12/24	0.18 mi	-	3	Flat
£2,600	08/24	0.19 mi	-	3	Terraced House
£2,500	08/24	0.21 mi	Pelican Estate, Peckham, London, SE15	3	Flat
£3,500	08/24	0.24 mi	Peckham Grove Peckham SE15	3	Flat
£2,000	09/24	0.24 mi	-	3	Flat
£2,400	03/25	0.24 mi	-	3	Flat
£3,650	02/25	0.25 mi	-	3	Terraced House
£2,600	08/24	0.26 mi	Bonsor Street, London	3	Flat
£2,995	08/24	0.26 mi	Graces Road, London	3	Terraced House
£2,500	08/24	0.26 mi	Lyndhurst Way, London	3	Flat
£3,500	12/24	0.27 mi	-	3	Terraced House
£2,950	08/24	0.28 mi	-	3	Flat
£2,500	08/24	0.28 mi	Crofton Road, Camberwell	3	Terraced House
£3,000	08/24	0.28 mi	London, SE5	3	Flat
£2,750	12/24	0.29 mi	Wilson Road, Camberwell	3	Flat
£3,500	02/25	0.29 mi	-	3	Flat
£2,900	08/24	0.3 mi	Bushey Hill Road, , London, SE5 8QQ	3	Terraced House
£3,250	08/24	0.33 mi	Lyndhurst Grove 41A, London, SE15	3	Flat
£3,195	10/24	0.33 mi	-	3	Flat
£3,000	10/24	0.33 mi	-	3	Flat
£3,400	02/25	0.34 mi	-	3	Flat
£2,250	08/24	0.35 mi	Lyndhurst Grove, London, SE15	3	Flat
£2,650	02/24	0.35 mi	-	3	Flat
£2,650	02/24	0.35 mi	-	3	Flat
£2,650	02/24	0.35 mi	-	3	Flat
£2,650	08/24	0.35 mi	-	3	Flat
£2,640	10/23	0.38 mi	Peckham High Road, SE15	3	Flat
£3,012	08/24	0.39 mi	Tower Mill Road, London	3	Flat
£2,400	11/24	0.39 mi	-	3	Flat
£4,500	12/24	0.42 mi	-	3	Terraced House
£3,400	12/24	0.43 mi	-	3	Flat
£2,100	08/24	0.43 mi	Daniel Gardens, London, SE15	3	Flat
£2,600	01/25	0.44 mi	-	3	Terraced House
£3,500	09/24	0.45 mi	-	3	Terraced House
£3,500	08/24	0.45 mi	Donato Drive, London, SE15	3	Terraced House
£2,100	12/24	0.46 mi	-	3	Flat
£2,250	09/24	0.46 mi	Bibury Close, London, SE15	3	Flat
£2,400	08/24	0.47 mi	Alder Close Peckham SE15	3	Flat
£2,350	08/24	0.47 mi	Westonbirt Court, SE15	3	Flat
£2,500	08/24	0.48 mi	Alder House, SE15	3	Flat
£2,400	08/24	0.48 mi	Alder Close, Alder Close	3	Flat
£2,600	08/24	0.48 mi	-	3	House
£2,400	08/24	0.48 mi	-	3	Flat

Local Area Statistics

Population in SE5	46,20946,209
Population in London	4,771,9214,771,921
Town centre distance	3.82 miles away3.82 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.62 miles away0.62 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-1%-1%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £325,000

November 20, 2024

Sold for £148,000

2003

Floor Plans

Description

A spacious and well laid out three-bedroom split-level flat brimming with potential on the ground and first floor of this purpose-build block in Camberwell.

The flat is located on the ground and first floor of this purpose-built block. It is arranged to provide three bedrooms, a bathroom, a W.C., a kitchen, and a reception room.

Upon entering the flat on the ground floor, you are immediately greeted by a hallway which leads to the reception room which is well-proportioned and has ample space for a variety of freestanding furniture, sofas and a dining table.
The room is further enhanced by large windows which allow an abundance of natural light to fill the room.
Adjacent is the modern fully fitted kitchen with a built-in oven with extractor fan and room for a fridge freezer, dishwasher and washing machine.

Moving up to the first floor, three bedrooms, a bathroom and W.C.

All bedrooms benefit from an abundance of space providing room for a double bed, bedside table and freestanding furniture. The bathroom has a bath with shower and a sink.

Leasehold - 125 years from 3 July 1989

SERVICE CHARGE, GROUND RENT, AND COUNCIL TAX
Service charge - £4,447 per annum (inc heating and hot water)
Ground Rent - £10 per annum
Council Tax Band C

PARKING
Permit parking available through Southwark council.

UTILITIES
Electricity – mains connected
Gas – no gas
Water – mains connected
Heating – communal
Sewerage – mains connected
Broadband – superfast broadband

Location:
Sceaux Gardens is found just off Peckham Road which provides easy access into the neighbouring boroughs of both Camberwell and Peckham. There are a wide range of amenities on the doorstep such as supermarkets, restaurants and gyms.

Directions:
The flat is conveniently located on Peckham Road which is served by frequent bus services into Central London. Denmark Hill Station (Overground and National Rail) is approximately 1 mile away. Peckham Rye Station (Overground and National Rail) is approximately 1 mile away.

Agent Details

Winkworth, Kennington Sales

020 3909 6728

Next Steps?

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

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