2 Bed Flat, Single Let, London, SE24 0ED, £695,000

Kestrel Avenue, Herne Hill, London, SE24 0ED - 2 months ago

Sold STC

Leasehold

BTL

~68 m²

+5 photos

ValuationOvervalued

Sold Prices	£145K - £905K
Sold Prices/m²	£5.8K/m² - £11.7K/m²

Square Metres	~68.11 m²
Price/m²	£10.2K/m²
Value Estimate	£550,898£550,898

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£173,750£173,750
Stamp Duty & Legal Fees	£58,200£58,200
Total Cash In	£231,950£231,950

Cash Out
Rent Range	£1,700 - £3,500£1,700 - £3,500
Rent Estimate	£1,747
Running Costs/mo	£2,541£2,541
Cashflow/mo	£-794£-794
Cashflow/yr	£-9,531£-9,531
Gross Yield	3%3%

Local Sold Prices

50 sold prices from £145K to £905K, average is £550K. £5.8K/m² to £11.7K/m², average is £8.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£550K	11/20	0.05 mi	27b, Fawnbrake Avenue, London, Greater London SE24 0BE	-	-	2	Flat
£645K	11/20	0.14 mi	B, 283, Mayall Road, London, Greater London SE24 0PQ	-	-	2	Flat
£675K	12/22	0.14 mi	Flat A, 24, Rollscourt Avenue, London, Greater London SE24 0EA	-	-	2	Flat
£500K	03/21	0.16 mi	2, Criterion Mews, London, Greater London SE24 0DN	£7,463	67	2	Flat
£600K	02/21	0.19 mi	319, Milkwood Road, London, Greater London SE24 0HA	-	-	2	Flat
£410K	11/20	0.22 mi	Flat 2, Pynnersmead, Herne Hill, London, Greater London SE24 9LU	-	-	2	Flat
£750.5K	01/21	0.24 mi	100a, Lowden Road, London, Greater London SE24 0BQ	£5,773	130	2	Flat
£585K	01/23	0.24 mi	49c, Shakespeare Road, London, Greater London SE24 0LA	£10,263	57	2	Flat
£680K	05/21	0.25 mi	26, Hurst Street, London, Greater London SE24 0EG	£8,718	78	2	Flat
£493.5K	12/22	0.27 mi	37, Poplar Walk, London, Greater London SE24 0BX	£6,160	80	2	Flat
£505K	01/23	0.27 mi	43, Poplar Walk, London, Greater London SE24 0BX	£6,159	82	2	Flat
£695K	03/21	0.27 mi	7a, Poplar Walk, London, Greater London SE24 0BX	£9,106	76	2	Flat
£520K	06/21	0.27 mi	41, Poplar Walk, London, Greater London SE24 0BX	£6,842	76	2	Flat
£645K	10/21	0.29 mi	40, Chaucer Road, London, Greater London SE24 0NU	£6,750	96	2	Flat
£475K	02/23	0.31 mi	20a, Herne Hill, London, Greater London SE24 9QT	£9,896	48	2	Flat
£515K	07/23	0.31 mi	20, Herne Hill, London, Greater London SE24 9QT	£8,562	60	2	Flat
£630K	05/21	0.32 mi	23a, Heron Road, London, Greater London SE24 0HZ	£9,560	66	2	Flat
£397.5K	02/21	0.32 mi	First Floor Flat, 291, Shakespeare Road, London, Greater London SE24 0QD	£7,794	51	2	Flat
£569K	02/21	0.32 mi	45, Dulwich Road, London, Greater London SE24 0NJ	-	-	2	Flat
£585K	11/22	0.32 mi	19a, Elfindale Road, London, Greater London SE24 9NN	-	-	2	Flat
£550K	07/23	0.37 mi	158, Herne Hill Road, London, Greater London SE24 0AH	£8,088	68	2	Flat
£500K	11/20	0.38 mi	154, Herne Hill Road, London, Greater London SE24 0AH	£7,355	68	2	Flat
£625K	04/23	0.4 mi	96b, Rattray Road, London, Greater London SW2 1BE	£9,313	67	2	Flat
£395K	05/21	0.41 mi	Flat 15, Dulwich Mead, Half Moon Lane, London, Greater London SE24 9HS	-	-	2	Flat
£525K	11/22	0.42 mi	94, Herne Hill Road, London, Greater London SE24 0AN	-	-	2	Flat
£450K	02/23	0.42 mi	82, Casino Avenue, London, Greater London SE24 9PL	£7,258	62	2	Flat
£606.2K	02/21	0.42 mi	Flat A, 41, Rattray Road, London, Greater London SW2 1BA	-	-	2	Flat
£487.5K	03/21	0.42 mi	62, Hinton Road, London, Greater London SE24 0HU	£7,031	69	2	Flat
£475K	10/20	0.42 mi	68a, Hinton Road, London, Greater London SE24 0HU	-	-	2	Flat
£580K	06/23	0.44 mi	108a, Dalberg Road, London, Greater London SW2 1AW	-	-	2	Flat
£407.5K	06/21	0.45 mi	Flat 133, Southwyck House, Moorland Road, London, Greater London SW9 8UR	-	-	2	Flat
£640K	09/21	0.45 mi	87, Brixton Water Lane, London, Greater London SW2 1PH	-	-	2	Flat
£356K	06/21	0.46 mi	Flat 236, Southwyck House, Clarewood Walk, London, Greater London SW9 8TN	-	-	2	Flat
£678.8K	01/23	0.46 mi	49c, Beckwith Road, London, Greater London SE24 9LQ	£7,713	88	2	Flat
£635K	11/21	0.47 mi	Flat 7, Donne Court, Burbage Road, London, Greater London SE24 9HH	-	-	2	Flat
£705K	01/21	0.48 mi	29a, Dalberg Road, London, Greater London SW2 1AJ	-	-	2	Flat
£625K	02/21	0.48 mi	19b, Dalberg Road, London, Greater London SW2 1AJ	-	-	2	Flat
£380K	11/21	0.48 mi	65b, Brailsford Road, London, Greater London SW2 2TB	-	-	2	Flat
£550K	06/23	0.48 mi	First Floor Flat, 61, Brailsford Road, London, Greater London SW2 2TB	£11,702	47	2	Flat
£590K	06/21	0.49 mi	A, 42, Kellett Road, London, Greater London SW2 1ED	-	-	2	Flat
£385K	06/23	0.49 mi	Flat 42, Rutland Court, Denmark Hill, London, Greater London SE5 8ED	-	-	2	Flat
£360K	06/23	0.49 mi	Flat 55, Rutland Court, Denmark Hill, London, Greater London SE5 8ED	-	-	2	Flat
£608K	02/21	0.49 mi	39a, Kellett Road, London, Greater London SW2 1EA	-	-	2	Flat
£450K	11/20	0.49 mi	Flat B, 69, Kellett Road, London, Greater London SW2 1EA	£10,000	45	2	Flat
£725K	12/20	0.5 mi	12a, Arlingford Road, London, Greater London SW2 2SU	-	-	2	Flat
£540K	12/20	0.51 mi	22, Mervan Road, London, Greater London SW2 1DT	-	-	2	Flat
£145K	04/21	0.51 mi	First Floor Flat, 83, Effra Road, London, Greater London SW2 1DE	-	-	2	Flat
£905K	12/20	0.51 mi	35a, Ardbeg Road, London, Greater London SE24 9JL	£9,945	91	2	Flat
£800K	01/21	0.52 mi	39a, Ardbeg Road, London, Greater London SE24 9JL	£10,390	77	2	Flat
£290K	05/23	0.52 mi	41, Saltoun Road, London, Greater London SW2 1EW	-	-	2	Flat

Local Rents

48 rents from £1.7K/mo to £3.5K/mo, average is £2.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,200	11/23	0.01 mi	Kestrel Avenue, London, SE24	2	Flat
£2,100	08/24	0.05 mi	Kestrel Avenue, Herne Hill, London, SE24	2	Flat
£2,500	03/25	0.1 mi	-	2	Flat
£2,600	08/24	0.14 mi	Rollscourt Avenue, Herne Hill, London, SE24	2	Flat
£1,746	08/24	0.15 mi	Herne Hill, Herne Hill, London	2	Flat
£2,100	08/24	0.19 mi	Milkwood Road, Herne Hill, London, SE24	2	Flat
£2,400	01/25	0.22 mi	-	2	Flat
£1,700	08/24	0.23 mi	-	2	Flat
£1,750	08/24	0.23 mi	-	2	Flat
£2,000	01/25	0.23 mi	-	2	Flat
£2,500	09/24	0.25 mi	-	2	Flat
£2,500	09/24	0.25 mi	-	2	Flat
£2,500	08/24	0.25 mi	-	2	Flat
£2,250	02/25	0.26 mi	-	2	Flat
£2,250	03/25	0.26 mi	-	2	Flat
£2,400	08/24	0.27 mi	-	2	Flat
£2,400	08/24	0.27 mi	-	2	Flat
£2,400	08/24	0.27 mi	-	2	House
£2,400	08/24	0.27 mi	-	2	House
£2,250	08/24	0.27 mi	-	2	House
£2,200	10/24	0.27 mi	-	2	Flat
£1,950	08/24	0.27 mi	Spenser Road, SE24	2	Flat
£1,890	02/25	0.28 mi	-	2	Flat
£2,300	08/24	0.28 mi	Elfindale Road, London, SE24	2	Flat
£3,500	11/24	0.28 mi	-	2	Flat
£2,200	10/24	0.28 mi	-	2	Flat
£1,900	09/24	0.28 mi	Holmdene Avenue, Herne Hill, London, SE24	2	Flat
£2,102	08/24	0.29 mi	Chaucer Road, Herne Hill	2	Flat
£2,250	02/25	0.29 mi	-	2	Flat
£2,200	08/24	0.29 mi	Chaucer Road London SE24	2	Flat
£2,200	03/25	0.3 mi	-	2	Flat
£3,000	10/24	0.31 mi	-	2	Flat
£2,450	03/25	0.31 mi	-	2	Flat
£2,200	08/24	0.31 mi	Herne Hill London SE24	2	Flat
£2,000	11/24	0.32 mi	-	2	Flat
£2,250	11/24	0.32 mi	-	2	Flat
£2,500	11/23	0.32 mi	Shakespeare Road, London, SE24	2	Flat
£1,850	08/24	0.32 mi	Dulwich Road, Herne Hill, London, SE24 0NJ	2	Flat
£2,000	09/24	0.33 mi	-	2	Flat
£2,050	08/24	0.33 mi	Railton Road, London, SE24	2	Flat
£2,100	03/25	0.33 mi	-	2	Flat
£2,420	08/24	0.33 mi	Dulwich Road, London, SE24	2	Flat
£2,420	08/24	0.33 mi	-	2	Flat
£2,650	01/25	0.34 mi	-	2	Flat
£1,800	11/24	0.34 mi	-	2	Flat
£2,350	08/24	0.34 mi	Shakespeare Road, London, SE24	2	Terraced House
£1,850	08/24	0.36 mi	Dulwich Road, London, SE24	2	Flat
£2,200	08/24	0.36 mi	Dulwich Road, Herne Hill	2	Flat

Local Area Statistics

Population in SE24	18,76118,761
Population in London	4,771,9214,771,921
Town centre distance	4.90 miles away4.90 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.27 miles away0.27 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+2%+2%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+16%+16%

Property History

Listed for £695,000

January 30, 2025

Floor Plans

Description

Garden flat +
Reception with bay window +
Two bedrooms +
Modern kitchen +
Popular location +
Close to transport +

We are delighted to offer to the market this two bedroom garden flat on Kestrel Avenue, a highly desirable residential road in central Herne Hill SE24.

The property is neutrally decorated throughout, the reception room has a large bay window to the front, cornicing, ceiling rose, picture rail, and painted floorboards.

The kitchen has a stylish range of wall & base units, inset round bowl sink to the corian worktops, plumbing for dishwasher, window and door to the rear garden. The principle bedroom has a built-in triple doored wardrobe and directly overlooks the garden, there is a good-sized second bedroom, and bathroom.

The private garden has a paved area then steps lead up to the 46 ft garden which is mainly laid to lawn with shrub borders and is not overlooked to the rear.

Central Herne Hill offers a popular range of restaurant & shopping amenities, railway station (Victoria, Thameslink, Blackfriars) and access to the vast expanse of Brockwell Park with its lido & cafe.

Agent Details

Pedder, Herne Hill

020 3835 6332

Next Steps?

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

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ValuationOvervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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