2 Bed Flat, Single Let, London, SE15 6GG, £300,000

Samuel Street, London, SE15 6GG - 3 months ago

Leasehold

BTL

ROI: 6%

~54 m²

+7 photos

ValuationUndervalued

Sold Prices	£190K - £705K
Sold Prices/m²	£3.6K/m² - £15.7K/m²

Square Metres	~54 m²
Price/m²	£5.6K/m²
Value Estimate	£366,000£366,000
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£75,000£75,000
Stamp Duty & Legal Fees	£18,700£18,700
Total Cash In	£93,700£93,700

Cash Out
Rent Range	£1,500 - £2,900£1,500 - £2,900
Rent Estimate	£1,738
Running Costs/mo	£1,305£1,305
Cashflow/mo	£433£433
Cashflow/yr	£5,195£5,195
ROI	6%6%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £190K to £705K, average is £428.8K. £3.6K/m² to £15.7K/m², average is £7.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£420K	04/21	0.04 mi	Flat 4, Shannon Court, Garnies Close, London, Greater London SE15 6LJ	-	-	2	Flat
£355K	04/23	0.06 mi	20, Garnies Close, London, Greater London SE15 6HW	£5,462	65	2	Flat
£335K	05/21	0.11 mi	Flat 25, Palm Court, Garnies Close, London, Greater London SE15 6PB	-	-	2	Flat
£325K	03/21	0.18 mi	55, Granville Square, London, Greater London SE15 6DX	£6,500	50	2	Flat
£347K	05/21	0.2 mi	105, Pennack Road, London, Greater London SE15 6DE	£4,566	76	2	Flat
£437.5K	01/23	0.33 mi	47, Kelly Avenue, London, Greater London SE15 5LB	-	-	2	Flat
£325K	12/21	0.33 mi	66, Latona Road, London, Greater London SE15 6RY	£4,643	70	2	Flat
£240K	02/21	0.35 mi	69, Haymerle Road, London, Greater London SE15 6SQ	£3,556	68	2	Flat
£440K	03/21	0.36 mi	Flat B, 163, Elmington Road, London, Greater London SE5 7QZ	£5,946	74	2	Flat
£345K	03/23	0.37 mi	17, Gables Close, London, Greater London SE5 7QF	£6,389	54	2	Flat
£490K	12/20	0.39 mi	12a, St Giles Road, London, Greater London SE5 7RL	£8,033	61	2	Flat
£226K	12/20	0.4 mi	Flat 3, Ednam House, Friary Estate, London, Greater London SE15 6SE	-	-	2	Flat
£558.5K	12/21	0.45 mi	100c, Peckham Hill Street, London, Greater London SE15 5JT	£7,253	77	2	Flat
£705K	07/23	0.45 mi	41b, Bushey Hill Road, London, Greater London SE5 8QF	£8,494	83	2	Flat
£345K	03/23	0.45 mi	Flat 9, Tern House, Pelican Estate, London, Greater London SE15 5NL	-	-	2	Flat
£390K	04/23	0.48 mi	15c, Southampton Way, London, Greater London SE5 7SW	£6,393	61	2	Flat
£400K	06/23	0.49 mi	32, Wentworth Crescent, London, Greater London SE15 5UG	£5,052	79	2	Flat
£448K	07/23	0.5 mi	Flat 34, Wakefield House, Goldsmith Road, London, Greater London SE15 5ST	-	-	2	Flat
£335K	12/20	0.52 mi	14b, Marmont Road, London, Greater London SE15 5TE	£7,614	44	2	Flat
£445K	03/23	0.52 mi	69a, Friary Road, Peckham, London, Greater London SE15 1QS	£7,177	62	2	Flat
£410K	02/21	0.53 mi	41, Hopewell Yard, London, Greater London SE5 7QS	-	-	2	Flat
£445K	03/21	0.53 mi	28, Hopewell Yard, London, Greater London SE5 7QS	-	-	2	Flat
£450K	01/21	0.53 mi	Flat 9, Bushey Hall, Bushey Hill Road, London, Greater London SE5 8QG	-	-	2	Flat
£380K	04/23	0.55 mi	Flat 8, Dekker House, Elmington Estate, London, Greater London SE5 7QR	-	-	2	Flat
£338K	03/23	0.55 mi	Flat 21, Mawbey House, Old Kent Road, London, Greater London SE1 5PG	-	-	2	Flat
£515K	12/20	0.57 mi	72, Linnell Road, London, Greater London SE5 8NJ	£8,666	59	2	Flat
£600K	06/23	0.59 mi	24a, Dagmar Road, London, Greater London SE5 8NZ	£8,618	70	2	Flat
£567.5K	07/21	0.6 mi	106a, Bushey Hill Road, London, Greater London SE5 8QQ	£7,861	72	2	Flat
£444K	01/21	0.61 mi	158, Don Phelan Close, London, Greater London SE5 7DB	£13,704	32	2	Flat
£450K	11/20	0.62 mi	18, Wilson Road, London, Greater London SE5 8PB	£9,375	48	2	Flat
£500K	03/23	0.62 mi	119b, Crofton Road, London, Greater London SE5 8LZ	-	-	2	Flat
£533.5K	05/21	0.63 mi	5a, Nutcroft Road, London, Greater London SE15 1AG	£13,338	40	2	Flat
£377.5K	01/21	0.63 mi	First Floor Flat B, 4, Kincaid Road, London, Greater London SE15 5UN	-	-	2	Flat
£347K	06/21	0.63 mi	Flat 77, Fearnley House, Vestry Road, London, Greater London SE5 8JR	-	-	2	Flat
£640K	06/21	0.64 mi	9, Portland Street, London, Greater London SE17 2PF	£10,002	64	2	Flat
£612K	09/21	0.64 mi	1, Graces Road, London, Greater London SE5 8PF	£15,692	39	2	Flat
£570K	06/21	0.64 mi	77a, Graces Road, London, Greater London SE5 8PF	-	-	2	Flat
£665K	06/21	0.64 mi	34c, Wilson Road, London, Greater London SE5 8PE	£8,116	82	2	Flat
£605K	01/21	0.64 mi	33a, Wilson Road, London, Greater London SE5 8PE	£7,337	82	2	Flat
£190K	12/20	0.66 mi	Flat 66, Masterman House, Elmington Estate, London, Greater London SE5 7HX	-	-	2	Flat
£528.5K	04/21	0.67 mi	47a, Naylor Road, London, Greater London SE15 1QJ	£10,545	50	2	Flat
£365K	06/23	0.67 mi	89, Naylor Road, London, Greater London SE15 1QJ	£5,917	62	2	Flat
£340K	10/21	0.68 mi	11a, Raul Road, London, Greater London SE15 5HR	£6,641	51	2	Flat
£330K	03/23	0.71 mi	Flat 17, St. Johns House, Lytham Street, London, Greater London SE17 2PW	-	-	2	Flat
£440K	10/20	0.72 mi	50, Aylesbury Road, London, Greater London SE17 2EH	£7,857	56	2	Flat
£325K	12/20	0.73 mi	Flat 44, St. Peters House, Queens Row, London, Greater London SE17 2PU	-	-	2	Flat
£412.5K	01/23	0.73 mi	135, Linwood Close, Camberwell, London, Greater London SE5 8UY	£6,150	67	2	Flat
£455K	01/21	0.73 mi	117, Linwood Close, London, Greater London SE5 8UY	£5,987	76	2	Flat
£455.5K	12/20	0.73 mi	127, Linwood Close, London, Greater London SE5 8UY	£7,117	64	2	Flat
£420K	02/21	0.73 mi	137, Linwood Close, London, Greater London SE5 8UY	£5,833	72	2	Flat

Local Rents

50 rents from £1.5K/mo to £2.9K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,100	08/24	0.02 mi	-	2	Flat
£2,100	08/24	0.02 mi	Calypso Crescent, London, SE15	2	Flat
£2,300	10/24	0.05 mi	-	2	Flat
£1,800	02/25	0.05 mi	-	2	Flat
£1,842	08/24	0.05 mi	Eddington Court, Peckham, London	2	Flat
£1,900	08/24	0.05 mi	Eddington Court, Peckham, SE15	2	Flat
£1,890	08/24	0.09 mi	Chandler Way, London, SE15	2	Flat
£1,890	08/24	0.09 mi	-	2	Flat
£2,100	01/25	0.09 mi	-	2	Flat
£1,500	08/24	0.09 mi	Cronin Street, Peckham, London, SE15	2	Flat
£2,200	08/24	0.1 mi	Chandler Way Peckham SE15	2	Flat
£1,800	08/24	0.13 mi	Blakes Road Peckham SE15	2	Flat
£1,980	03/25	0.14 mi	-	2	Flat
£2,075	11/24	0.14 mi	-	2	Flat
£2,000	11/24	0.14 mi	-	2	Flat
£1,950	11/24	0.15 mi	-	2	Flat
£1,900	08/24	0.15 mi	Blakes Road, SE15	2	Flat
£2,100	08/24	0.15 mi	Blakes Road, London, SE15	2	Flat
£2,500	08/24	0.15 mi	108 Chandler Way Peckham SE15	2	Flat
£2,100	08/24	0.17 mi	Bibury Close London SE15	2	Flat
£2,200	08/24	0.17 mi	Bibury Close, LONDON	2	Flat
£1,895	11/24	0.17 mi	-	2	Flat
£1,950	08/24	0.18 mi	Peckham Grove, Peckham, SE15	2	Flat
£1,950	02/24	0.19 mi	-	2	Flat
£2,900	08/24	0.19 mi	Peckham Grove	2	Flat
£2,900	08/24	0.19 mi	Peckham Grove, Peckham, SE15	2	Flat
£1,850	08/24	0.19 mi	Peckham Grove SE15	2	Flat
£2,200	08/24	0.2 mi	Peckham Grove London SE15	2	Flat
£1,700	08/24	0.2 mi	Sumner Road, London, SE15	2	Flat
£2,200	08/24	0.21 mi	Jowett Street, London, SE15	2	Flat
£1,850	08/24	0.22 mi	Marchwood Close, London, SE5	2	Flat
£2,000	08/24	0.23 mi	-	2	Flat
£2,500	11/24	0.24 mi	-	2	Flat
£2,500	02/25	0.24 mi	-	2	Flat
£2,500	03/25	0.24 mi	-	2	Flat
£1,950	11/24	0.24 mi	-	2	Flat
£1,850	02/25	0.24 mi	-	2	Flat
£1,950	02/25	0.25 mi	-	2	Flat
£2,043	02/25	0.25 mi	-	2	Flat
£2,295	08/24	0.25 mi	-	2	Flat
£2,495	12/24	0.25 mi	-	2	Flat
£1,900	11/24	0.25 mi	-	2	Flat
£2,100	03/25	0.25 mi	-	2	Flat
£2,197	09/24	0.25 mi	Galleria Court, Peckham, London	2	Flat
£2,000	08/24	0.27 mi	Commercial Way SE15	2	Flat
£2,000	02/25	0.27 mi	-	2	Flat
£2,500	02/24	0.27 mi	-	2	Flat
£1,800	08/24	0.28 mi	Galleria Court, Sumner Road, London, SE15	2	Flat
£1,950	08/24	0.28 mi	Glengall Road, London, SE15	2	Flat
£2,100	08/24	0.29 mi	Peckham Hill Street, London, SE15	2	Flat

Local Area Statistics

Population in SE15	63,64763,647
Population in London	4,771,9214,771,921
Town centre distance	3.58 miles away3.58 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.75 miles away0.75 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+15%+15%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+10%+10%

Property History

Price changed to £300,000

February 21, 2025

Price changed to £325,000

January 16, 2025

Listed for £350,000

December 26, 2024

Floor Plans

Description

Chain free +
Ground floor apartment +
582 sq ft +
Storage +
Great Transport Links +
2 bedrooms +
Great location +
Leasehold +

Guide Price £300,000 - £325,000

Acorn is delighted to market this beautifully modern apartment which boasts natural light throughout. Located in a quiet residential area this accommodation is spacious and decorated to a neutral specification throughout. Generously sized it comprises two bedrooms, ample storage space, semi open plan living room, kitchen and three-piece bathroom suite, measuring 582 sqft of well-presented living accommodation.

Offered to the market chain free this property is perfect for First Time Buyers or Buy To Let Investors.

Fantastic transport links from Zone 2 Peckham Rye Station, to London Bridge (10mins), Victoria (12mins) and Blackfriars (15mins). The station is also served by the super Overground line providing links to Shoreditch and Clapham inside 20mins.

Sameul Street is perfectly situated for cycle links into Central London via Elephant & Castle (12mins). Also just a 5 minute walk to Burgess Park which is Southwark's largest park.

Lease Length: 132 Years
Service Charge: £2,858 pa
Ground Rent: £300 pa
Energy Efficiency Rating: C
Council Tax Band: C

Agent Details

Acorn, Peckham Rye

020 7123 8480

Next Steps?

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

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