2 Bed Flat, Single Let, London, SE4 2PJ, £550,000

Brockley Road, Crofton Park, SE4 2PJ - 2 months ago

Under Offer
Leasehold
BTL
~78 m²
+9 photos

ValuationOvervalued

Sold Prices£300K - £550K
Sold Prices/m²£4.2K/m² - £9.1K/m²

 

 

Square Metres

~77.95 m²
Price/m²£7.1K/m²

Value Estimate

£515,669

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£43,700

Total Cash In

£181,200

 

 

Cash Out

 

Rent Range

£1,350 - £3,450

Rent Estimate

£1,588

Running Costs/mo

£2,056

Cashflow/mo

£-468

Cashflow/yr

£-5,620

Gross Yield

3%

Local Sold Prices

50 sold prices from £300K to £550K, average is £447.5K. £4.2K/m² to £9.1K/m², average is £6.6K/m².

PriceDateDistanceAddressBeds 
£508K02/230.1 mi30a, Stondon Park, Forest Hill, London, Greater London SE23 1LA2
£495K05/210.1 mi26, Stondon Park, London, Greater London SE23 1LA2
£510K03/230.14 mi34b, Hazeldon Road, London, Greater London SE4 2DD2
£422.5K06/230.14 mi9b, Hazeldon Road, London, Greater London SE4 2DD2
£445K10/200.14 mi25, Holdenby Road, London, Greater London SE4 2DA2
£455K11/200.16 mi45a, Stondon Park, London, Greater London SE23 1LB2
£505K09/230.16 mi5, Stondon Park, Forest Hill, London, Greater London SE23 1LB2
£500K07/230.16 mi41, Stondon Park, Forest Hill, London, Greater London SE23 1LB2
£375K12/210.2 miFlat 18, Ladywell Heights, Crofton Park Road, London, Greater London SE4 1AU2
£360K10/200.23 mi14, Croftongate Way, London, Greater London SE4 2DL2
£535K12/200.26 mi76, Merritt Road, London, Greater London SE4 1DX2
£475K08/210.29 mi51a, Stillness Road, London, Greater London SE23 1NG2
£400K06/210.31 mi85a, Manwood Road, London, Greater London SE4 1AB2
£450K06/230.32 mi18a, Honor Oak Park, London, Greater London SE23 1DY2
£455K07/230.32 mi39a, Codrington Hill, London, Greater London SE23 1LR2
£430K11/210.33 mi126c, Stondon Park, Forest Hill, London, Greater London SE23 1JS2
£440K01/230.34 miGround Floor Flat, 33, Honor Oak Park, London, Greater London SE23 1DZ2
£467K11/200.36 mi21, Brockley View, London, Greater London SE23 1SN2
£540K02/230.36 mi1a, Wyleu Street, London, Greater London SE23 1DU2
£550K11/200.37 mi74a, Whitbread Road, London, Greater London SE4 2BE2
£490K04/210.39 mi57a, Whitbread Road, London, Greater London SE4 2BD2
£370K02/210.39 mi2, Sinclair Place, London, Greater London SE4 1RS2
£465K12/200.4 mi310a, Brockley Road, London, Greater London SE4 2AZ2
£330K01/210.41 mi129, Brenchley Gardens, London, Greater London SE23 3RF2
£345K01/230.41 mi139, Brenchley Gardens, London, Greater London SE23 3RF2
£321.5K08/210.41 mi75, Brenchley Gardens, London, Greater London SE23 3RE2
£373.3K07/230.42 mi172, Grierson Road, London, Greater London SE23 1NU2
£321.5K08/210.42 mi75, Brenchley Gardens, London, Greater London SE23 3RE2
£320K05/210.42 mi85, Brenchley Gardens, London, Greater London SE23 3RE2
£507.8K12/200.43 mi19a, Gabriel Street, London, Greater London SE23 1DW2
£440K05/230.44 mi22a, Ackroyd Road, London, Greater London SE23 1DL2
£465K05/210.47 mi11b, Athenlay Road, London, Greater London SE15 3EA2
£492K06/210.47 miGreenbury Cottage, 105b, Honor Oak Park, London, Greater London SE23 3LB2
£457.5K10/200.47 mi68a, Howson Road, London, Greater London SE4 2AT2
£510K12/200.47 mi22, Fernholme Road, London, Greater London SE15 3EF2
£355K11/200.48 mi38, Athenlay Road, London, Greater London SE15 3EL2
£410.5K01/210.52 mi57g, Ravensbourne Park Crescent, London, Greater London SE6 4YG2
£320K12/220.54 mi2, Iona Close, London, Greater London SE6 4YL2
£385K05/210.54 mi48b, Montem Road, London, Greater London SE23 1SJ2
£535K06/210.55 mi312a, Ivydale Road, London, Greater London SE15 3DG2
£369K04/210.55 mi12a, Blythe Close, London, Greater London SE6 4UW2
£300K09/210.56 mi12, Iona Close, London, Greater London SE6 4YL2
£300K12/230.56 mi10, Iona Close, London, Greater London SE6 4YL2
£532.5K01/230.56 mi73, Montem Road, London, Greater London SE23 1SH2
£500K04/230.57 mi59, Surrey Road, London, Greater London SE15 3AS2
£536.5K06/230.57 mi23, Surrey Road, London, Greater London SE15 3AS2
£530K04/230.58 mi18a, Surrey Road, London, Greater London SE15 3AU2
£348K09/210.59 mi161b, Ladywell Road, London, Greater London SE13 7HZ2
£345K03/230.6 miFlat 5, Plumpton Court, Brockley Park, London, Greater London SE23 1PX2
£348K09/210.61 mi161b, Ladywell Road, London, Greater London SE13 7HZ2

Local Rents

50 rents from £1.4K/mo to £3.5K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,90008/240.07 miCypress Gardens Brockley SE42
£1,60009/240.13 mi-2
£1,60008/240.13 miBrockley Road, Lewisham, SE42
£1,80003/250.15 mi-2
£2,55011/240.15 mi-2
£1,90008/240.19 miStondon Park, London, SE232
£2,05011/240.21 mi-2
£1,80003/250.23 mi-2
£1,75008/240.23 miCrofton Gate Way, London, SE42
£1,89403/250.24 mi-2
£2,05008/240.24 miCrofton Park Road London SE42
£2,20012/240.26 mi-2
£1,70008/240.26 mi-2
£2,80002/240.26 mi-2
£2,85001/250.26 mi-2
£1,95010/240.27 mi-2
£3,45003/250.27 mi-2
£2,00008/240.28 mi-2
£2,20003/250.29 mi-2
£1,85002/240.32 mi-2
£1,90010/240.32 mi-2
£1,80008/240.33 miHonor Oak Park, London2
£1,85008/240.33 mi58 Codrington Hill Lewisham SE232
£2,00008/240.33 miDalrymple Road London SE42
£2,00008/240.33 miDalrymple Road London SE42
£1,85008/240.37 miHowson Road, London, SE4 2BB2
£2,00009/240.39 mi-2
£1,80008/240.39 miSinclair Place, London, SE42
£1,35008/240.4 miBrenchley Gardens, London, SE232
£1,50008/240.41 miSkipton House, SE42
£1,85008/240.44 miComerford Road 2
£1,85008/240.44 miComerford Road, London, SE42
£2,00008/240.44 miComerford Road, Brockley. London, SE42
£2,45009/240.44 mi-2
£2,00002/250.47 mi-2
£1,70008/240.49 miBrenchley Gardens, Nunhead2
£1,95008/240.49 miDevonshire Rd, Honor Oak, London, SE232
£1,80008/240.5 mi-2
£1,80010/240.5 mi-2
£1,85003/250.5 mi-2
£1,80008/240.52 miMontacute Road, London2
£1,85008/240.52 miArabin Road, Brockley, London, SE42
£1,60008/240.53 mi-2
£1,70001/250.53 mi-2
£1,90008/240.53 miWhatman Road, Honor Oak2
£1,97508/240.54 mi-2
£1,97503/250.54 mi-2
£2,20001/250.54 mi-2
£2,20008/240.55 miAdelaide Avenue, Brockley2
£1,89510/240.56 mi-2

Local Area Statistics

Population in SE4

28,595

Population in London

4,771,921

Town centre distance

5.95 miles away

Nearest school

0.20 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £550,000

March 12, 2025

Listed for £599,950

January 22, 2025

Floor Plans

Description

Big and bright two bed, two bath modern first floor apartment with a fantastic main room which incorporates living, dining and kitchen spaces. A very long lease (plus Right To Manage, alongside your fellow leaseholders) and a private covered balcony seal the deal!

The property has been owned just once from new; all kitchen and bathroom fittings are modern and fresh, and appliances are included in the sale. Hyperoptic gigabit broadband is available to the building.

The location is also winning! Crofton Park Station is just a four minute walk away, and Honor Oak Park Station is yours in nine minutes (Crofton Park is 20 mins to Blackfriars/Honor Oak Park is 10 mins to London Bridge).

Two cute and cafe-packed independent high street areas are a few minutes away, on Brockley Road and Honor Oak Park.

Communal areas are neatly-kept and notably bright. Your own front door is at first floor level. First on the right from your hall is the main bathroom - this is windowed (the property is double-glazed throughout), with sleek contemporary sanitary ware and fittings, and large profile tiling.

Both bedrooms rest to the left of the hall - these are both over 12 feet by over 11 feet, and the second has an en suite bathroom (again, very well-appointed with over-bath shower).

A built-in cupboard is a welcome hall feature, then finally, you have the flat's best bit - the huge main room of over 23 feet by over 16 feet, with an entire wall of south-west facing windows, and glazing onto your covered balcony also. Access your balcony here - thanks to it being partially enclosed, you can enjoy it rain or shine and even dine out here.

You have loads of useful local shops like Jay's Budgens and Co-Op. Jones of Brockley (opposite the station) has gorgeous deli bits and fresh loaves. Jack Studio Theatre is over the road, and The Rivoli Ballroom is just up the road.

Local places for a nice drink include Jerome's, Joyce, London Beer Dispensary, Brockley Brewery and The Chandos. Local restaurant recommendations are Babur and Malaysian Deli. Up nearer Brockley Station (walk around 15 minutes), we like Ellary's and Mauby.

Great local cafes for more than coffee include Fred's for Brick Lane Bagels, and Deja Brew, Two Spoons or Dream Story for delicious brunch options.

Local green spaces are close, too. Blythe Hill Fields, Hilly Fields and Ladywell Fields are all easily walkable, and closer still, you have Brockley and Ladywell Cemeteries (very Victorian).

Agent Details

Munday's, London

020 3909 6611

Next Steps?

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