2 Bed Flat, Single Let, London, SE4 2DR, £650,000

Drakefell Road, Brockley, SE4 2DR - 2 views - 2 months ago

Under Offer
Leasehold
BTL
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£305K - £750K
Sold Prices/m²£6K/m² - £13.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£9.5K/m²

Value Estimate

£515,992

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£40,700

Total Cash In

£203,200

 

 

Cash Out

 

Rent Range

£1,450 - £2,600

Rent Estimate

£1,450

Running Costs/mo

£2,341

Cashflow/mo

£-891

Cashflow/yr

£-10,695

Gross Yield

3%

Local Sold Prices

50 sold prices from £305K to £750K, average is £462.5K. £6K/m² to £13.5K/m², average is £7.7K/m².

PriceDateDistanceAddressBeds 
£450K04/210.04 mi113a, Drakefell Road, London, Greater London SE4 2DT2
£490K01/230.05 miFlat 18, Willow House, Dragonfly Place, London, Greater London SE4 2FJ2
£500K12/200.1 mi136c, Drakefell Road, London, Greater London SE4 2DS2
£500K10/200.12 mi17b, Pendrell Road, London, Greater London SE4 2PB2
£595K01/230.15 mi113b, St Asaph Road, London, Greater London SE4 2DZ2
£525K03/210.16 mi80a, St Asaph Road, London, Greater London SE4 2EL2
£400K03/210.16 mi96c, St Asaph Road, London, Greater London SE4 2EL2
£450K12/200.18 mi47, Vesta Road, London, Greater London SE4 2NJ2
£625K12/220.18 miTop Floor Flat, 153, Pepys Road, London, Greater London SE14 5SG2
£475K08/210.2 mi24a, Finland Road, London, Greater London SE4 2JH2
£460K10/200.2 mi122b, Drakefell Road, London, Greater London SE14 5SQ2
£435K06/210.22 mi67a, St Asaph Road, London, Greater London SE4 2EB2
£450K12/220.23 mi162, Upper Brockley Road, London, Greater London SE4 1SS2
£530K07/230.24 mi23b, Aspinall Road, London, Greater London SE4 2EH2
£615K11/210.26 mi162, Upper Brockley Road, London, Greater London SE4 1SS2
£640K03/210.26 mi49a, Drakefell Road, London, Greater London SE14 5SH2
£510K12/220.29 mi57a, Avignon Road, London, Greater London SE4 2JT2
£399.1K05/230.3 mi91, Arica Road, London, Greater London SE4 2PS2
£380K01/210.3 mi101a, Arica Road, London, Greater London SE4 2PS2
£425K01/230.3 miFlat 5, Tower Court, Foxberry Road, London, Greater London SE4 2SY2
£400K06/210.31 mi93a, Upper Brockley Road, London, Greater London SE4 1TF2
£415K02/210.32 miFlat 5, Wells House, Sandbourne Road, London, Greater London SE4 2NS2
£373.5K11/200.32 miFlat 10, Holly Tree House, Brockley Road, London, Greater London SE4 2RU2
£305K10/200.32 miFlat 20, Holly Tree House, Brockley Road, London, Greater London SE4 2RU2
£435K01/230.33 miFlat B, 80, Jerningham Road, London, Greater London SE14 5NW2
£341.5K04/230.33 miFirst Floor, 85, Pepys Road, London, Greater London SE14 5SE2
£495.9K03/210.34 mi11a, Drakefell Road, Brockley, London, Greater London SE14 5SL2
£505.8K06/230.36 mi146b, Erlanger Road, London, Greater London SE14 5TJ2
£370K03/210.36 miFlat 16, Laburnum House, Malpas Road, London, Greater London SE4 1BL2
£350K03/210.36 miFlat 4, May Tree House, Wickham Road, Brockley, London, Greater London SE4 1LZ2
£325K03/230.36 miFlat 2, Almond House, Malpas Road, London, Greater London SE4 1BY2
£465K05/210.38 mi83b, Manor Avenue, London, Greater London SE4 1TD2
£475K03/210.38 mi93d, Manor Avenue, London, Greater London SE4 1TD2
£547.5K02/230.38 mi51a, Wickham Road, Brockley, London, Greater London SE4 1LT2
£352.5K06/210.39 miFlat 2, Jasmin House, Wickham Road, Brockley, London, Greater London SE4 1NF2
£618.5K06/210.4 miGround And First Floor Flat, 180, Waller Road, New Cross, London, Greater London SE14 5LU2
£385K09/210.41 mi14, Beacon Gate, London, Greater London SE14 5UB2
£335K03/210.41 mi3, Beacon Gate, London, Greater London SE14 5UB2
£730K06/210.42 mi22a, Ommaney Road, London, Greater London SE14 5NT2
£550K06/210.42 mi34, Ivydale Road, London, Greater London SE15 3BS2
£650K03/210.43 mi7a, Glensdale Road, London, Greater London SE4 1UE2
£457.5K10/200.43 mi68a, Howson Road, London, Greater London SE4 2AT2
£320K03/210.43 miFlat 18, St. Asaph Court, St Asaph Road, London, Greater London SE4 2EE2
£750K11/210.45 mi20a, Wickham Road, Brockley, London, Greater London SE4 1NY2
£343K08/230.45 miFlat 12, Birch House, Shardeloes Road, London, Greater London SE14 6RY2
£500K02/210.45 mi5a, Musgrove Road, London, Greater London SE14 5PP2
£525K09/210.46 miFlat B, 110, Breakspears Road, London, Greater London SE4 1UD2
£540K10/200.47 mi24, Jerningham Road, London, Greater London SE14 5NX2
£555K03/210.48 mi96c, Waller Road, New Cross, London, Greater London SE14 5LY2
£440.5K10/200.48 miFlat 5, Elliott House, Arbuthnot Road, London, Greater London SE14 5LT2

Local Rents

49 rents from £1.4K/mo to £2.6K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,09509/240.06 mi-2
£1,55008/240.07 miEndwell Road, Brockley, London, SE42
£1,80008/240.07 miEndwell Road, Brockley, London, SE42
£1,80002/250.08 mi-2
£1,80008/240.08 miSeymour Gardens, Brockley2
£2,00009/240.08 mi-2
£2,29503/250.09 mi-2
£1,90004/250.09 mi-2
£2,00008/240.09 miFoxwell Mews Brockley SE42
£2,00008/240.09 miFoxwell Mews SE42
£2,09510/240.09 mi-2
£2,20009/240.09 miEndwell Road, London, SE42
£2,00008/240.1 miSeymour Gardens, London, SE42
£2,05008/240.11 miMantle Road London SE42
£2,00008/240.11 miMantle Road London SE42
£2,05008/240.11 miMantle Road, London, SE42
£2,00008/240.12 mi4 Mantle Road London SE42
£2,45002/250.14 mi-2
£1,45008/240.15 miPepys Road, New Cross, London, SE142
£1,75008/240.15 mi-2
£1,85008/240.17 miDundalk Road, London, SE42
£1,85008/240.17 mi-2
£1,85008/240.17 miTop Floor, London, SE42
£1,90004/250.17 mi-2
£2,25008/240.18 miFinland Road Brockley SE42
£2,60008/240.18 miPepys Road, New Cross, London, SE142
£1,85008/240.19 miVesta Road, London, SE42
£1,87508/240.2 miAvignon Road, London, SE42
£2,00008/240.21 miAvignon Road SE42
£1,90008/240.21 miBrockley Road, Brockley2
£2,00001/250.21 mi-2
£2,10002/250.22 mi-2
£1,90004/250.23 mi-2
£2,30010/240.23 mi-2
£2,20002/250.23 mi-2
£1,45008/240.24 miAspinall Road, London, SE42
£1,70008/240.24 mi-2
£2,00004/250.25 mi-2
£2,20008/240.28 miCranfield Road, SE42
£1,49508/240.29 miSmikle Court, Hatcham Park Road, New Cross, London, SE142
£2,45008/240.3 miArica Road London SE42
£2,10002/240.3 mi-2
£2,30003/250.3 mi-2
£1,69508/240.31 miKitto Road, London, SE142
£1,90008/240.32 miBrockill Crescent, Brockley2
£2,20002/250.32 mi-2
£2,25012/240.32 mi-2
£2,25001/250.32 mi-2
£1,90002/250.32 mi-2

Local Area Statistics

Population in SE4

28,595

Population in London

4,771,921

Town centre distance

5.14 miles away

Nearest school

0.10 miles away

Nearest train station

0.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £650,000

January 31, 2025

Floor Plans

Description

  • Spacious ground floor flat +
  • Two double bedrooms +
  • Court yard and large south facing garden +
  • Garden studio with storage +
  • Beautiful kitchen/reception +
  • Near Brockley Station +
  • 731 sq ft / 77.2 sq m +
  • EPC rating C +

Guide price £650,000 to £700,000. KFH are pleased to welcome this beautifully extended ground floor period conversion located in the heart of Brockley within a short walk to Brockley and Nunhead Stations and local amenties.
Council Tax Band: B
Tenure: Leasehold

Date lease commences: 1st March 2014
Term of lease: 99 years
Service charge: approx: £0 - 1/3 building insurance
Ground Rent: approx £200.00

Council tax and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.

Agent Details

Kinleigh Folkard & Hayward - Sales, Brockley

020 3872 0011

Next Steps?

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