2 Bed Terraced House, Single Let, London, SE15 6FY, £550,000

221 Sumner Road, London, SE15 6FY - 2 months ago

Leasehold
BTL
~68 m²
+14 photos

ValuationUndervalued

Sold Prices£422.5K - £1.4M
Sold Prices/m²£6K/m² - £14.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£8.1K/m²

Value Estimate

£596,095
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£32,700

Total Cash In

£170,200

 

 

Cash Out

 

Rent Range

£1,500 - £2,700

Rent Estimate

£1,600

Running Costs/mo

£2,059

Cashflow/mo

£-459

Cashflow/yr

£-5,505

Gross Yield

3%

Local Sold Prices

50 sold prices from £422.5K to £1.4M, average is £583.8K. £6K/m² to £14.1K/m², average is £8.7K/m².

PriceDateDistanceAddressBeds 
£562.5K12/220.17 mi89, Pentridge Street, London, Greater London SE15 6GF2
£530K12/200.23 mi201, Sumner Road, London, Greater London SE15 5GW2
£515K08/210.25 mi42, Ashmore Close, London, Greater London SE15 5GY2
£582.3K04/230.25 mi34, Ashmore Close, London, Greater London SE15 5GY2
£515K05/210.28 mi27, Watts Street, London, Greater London SE15 5GP2
£582.5K09/210.28 mi24, Watts Street, London, Greater London SE15 5GP2
£660K04/210.48 mi109, Wells Way, London, Greater London SE5 7SZ2
£1.1M10/220.57 mi1a, Crofton Road, London, Greater London SE5 8LY2
£1.4M11/200.59 mi69, Denman Road, London, Greater London SE15 5NS2
£776.6K03/210.61 mi138, Benhill Road, London, Greater London SE5 7LZ2
£830.5K06/210.61 mi130, Benhill Road, London, Greater London SE5 7LZ2
£840K05/220.61 mi128, Benhill Road, London, Greater London SE5 7LZ2
£495K08/220.66 mi23, Oxley Close, London, Greater London SE1 5HF2
£700K06/210.66 mi77a, Asylum Road, London, Greater London SE15 2RJ2
£472.5K02/220.67 mi60, Cadet Drive, London, Greater London SE1 5RU2
£883K04/210.68 mi15, Elm Grove, London, Greater London SE15 5DB2
£850K03/220.7 mi21, Consort Road, London, Greater London SE15 2PH2
£977.5K02/210.71 mi174, Lynton Road, London, Greater London SE1 5RB2
£870K11/210.73 mi123, Lynton Road, London, Greater London SE1 5QX2
£540K10/200.75 mi8, Phelp Street, London, Greater London SE17 2PH2
£571.5K05/220.76 mi6, Sondes Street, London, Greater London SE17 2PQ2
£505K06/210.76 mi19, Sondes Street, London, Greater London SE17 2PQ2
£908K06/230.79 mi14, Chadwick Road, London, Greater London SE15 4RA2
£450K06/220.81 mi35, Aylesbury Road, London, Greater London SE17 2EQ2
£580K06/220.81 mi49, Lytham Street, London, Greater London SE17 2PN2
£565K12/200.82 mi4, Lytham Street, London, Greater London SE17 2PN2
£460K12/200.82 mi7, Lytham Street, London, Greater London SE17 2PN2
£494.6K04/210.82 mi17, Parkstone Road, London, Greater London SE15 4UQ2
£500K11/200.82 mi183, Simms Road, London, Greater London SE1 5LP2
£675K06/210.83 mi28, Choumert Square, London, Greater London SE15 4RE2
£660K01/230.83 mi42, Choumert Square, London, Greater London SE15 4RE2
£676K06/230.83 mi30, Choumert Square, London, Greater London SE15 4RE2
£600K10/200.83 mi3, Choumert Square, London, Greater London SE15 4RE2
£650K02/210.84 mi67, Wooler Street, London, Greater London SE17 2ED2
£675K07/230.84 mi59, Wooler Street, London, Greater London SE17 2ED2
£480K04/210.84 mi48, Strathnairn Street, London, Greater London SE1 5BL2
£450K06/210.85 mi192, St James's Road, London, Greater London SE1 5LN2
£845K04/210.85 mi6, Alma Grove, London, Greater London SE1 5PY2
£865K09/230.85 mi32, Alma Grove, London, Greater London SE1 5PY2
£422.5K02/230.85 mi84, Varcoe Road, London, Greater London SE16 3DG2
£585K11/220.85 mi9, Kerfield Place, London, Greater London SE5 8SX2
£760K10/200.85 mi112, Choumert Road, London, Greater London SE15 4AA2
£691K02/210.86 mi66, Lugard Road, London, Greater London SE15 2SZ2
£455K03/210.86 mi7, Gerards Close, London, Greater London SE16 3DF2
£500K03/230.86 mi37, Strathnairn Street, London, Greater London SE1 5BN2
£580K12/220.86 mi16, Kerfield Place, London, Greater London SE5 8SX2
£694K11/200.87 mi86, Astbury Road, London, Greater London SE15 2NW2
£480K11/210.87 mi11, Cuthill Walk, London, Greater London SE5 8SH2
£665K04/210.88 mi75, Gordon Road, London, Greater London SE15 2AF2
£575K11/200.89 mi36, Elsted Street, London, Greater London SE17 1QG2

Local Rents

51 rents from £1.5K/mo to £2.7K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,00008/240.11 mi-2
£2,00011/240.13 mi-2
£2,20008/240.13 miJowett Street, London, SE152
£2,10008/240.14 mi-2
£2,10008/240.14 miCalypso Crescent, London, SE152
£2,30010/240.14 mi-2
£1,70008/240.14 miSumner Road, London, SE152
£1,80002/250.15 mi-2
£1,50008/240.15 miCronin Street, Peckham, London, SE152
£1,95008/240.15 miGlengall Road, London, SE152
£1,80008/240.16 miBird In Bush Road London SE152
£2,50002/240.16 mi-2
£2,70004/250.16 mi-2
£1,60008/240.16 miBird in Bush Road, London, SE152
£1,80008/240.16 miGalleria Court, Sumner Road, London, SE152
£2,10001/250.16 mi-2
£2,10004/250.17 mi-2
£2,07511/240.17 mi-2
£2,10008/240.17 miPeckham Hill Street, London, SE152
£2,10010/240.17 mi-2
£2,10010/240.17 mi-2
£2,19709/240.17 miGalleria Court, Peckham, London2
£1,84208/240.18 miEddington Court, Peckham, London2
£1,90008/240.19 miEddington Court, Peckham, SE152
£1,90011/240.19 mi-2
£2,00008/240.2 miCommercial Way SE152
£2,00002/250.2 mi-2
£2,00008/240.2 miGlengall road, Peckham, SE152
£1,89008/240.22 miChandler Way, London, SE152
£1,89008/240.22 mi-2
£2,20008/240.24 miChandler Way Peckham SE152
£2,30008/240.25 miAshmore Close, London SE152
£1,98004/250.25 mi-2
£1,95011/240.26 mi-2
£2,30008/240.26 miASHMORE, Peckham, London, SE152
£1,95011/240.27 mi-2
£1,85002/250.27 mi-2
£2,10008/240.27 miBibury Close London SE152
£2,20008/240.27 miBibury Close, LONDON2
£2,50008/240.27 mi108 Chandler Way Peckham SE152
£1,80008/240.27 miBlakes Road Peckham SE152
£1,90008/240.28 miBlakes Road, SE15 2
£2,10008/240.29 miBlakes Road, London, SE152
£1,90009/240.29 mi-2
£1,90009/240.29 mi-2
£1,90008/240.29 miGlengall Road, London, SE152
£1,90008/240.29 miGlengall Road, London, SE152
£1,90009/240.29 miGlengall Road, London, SE152
£1,95008/240.3 mi-2
£1,95008/240.3 miGrenard Close, London, SE152
£1,95002/240.3 mi-2

Local Area Statistics

Population in SE15

63,647

Population in London

4,771,921

Town centre distance

3.60 miles away

Nearest school

0.10 miles away

Nearest train station

0.72 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £550,000

February 10, 2025

Floor Plans

Description

  • Private West and North facing wrap around balcony +
  • Communal roof terrace +
  • High spec +
  • Two double bedrooms +
  • Two bathrooms +

Perched on the top floor of this modern development, this exceptional two-bedroom penthouse offers breath-taking city views from its expansive wrap-around balcony and boasts a high-spec interior throughout.

Accessed via a private entrance from the roof terrace, this unique apartment is set apart from the main building, ensuring privacy and exclusivity.

Stepping through the front door, you’re welcomed into a spacious hallway with ample storage. Off the hall, you’ll find two generously sized double bedrooms, one featuring an en-suite shower room, while both offer plenty of space for wardrobes. The main family bathroom is stylishly appointed, complete with a bathtub and overhead shower.

The heart of the home is the stunning open-plan kitchen and living area, designed to maximize natural light with dual-aspect windows and a prime corner plot position. The wrap-around balcony captures sunlight from sunrise to sunset, creating the perfect spot to unwind while enjoying panoramic city views.

The sleek U-shaped kitchen provides extensive worktop and cupboard space, while the living area easily accommodates a dining table and lounge seating, making it an ideal space for both relaxation and entertaining.
The local area is popular with a good community spirit, everything you want is on your doorstep and it's located within a close proximity to central London, you will never need to go far no matter what you're looking for.

Camberwell does not disappoint when it comes to things to do and places to eat, every Saturday take a wander down to the Camberwell Farmers Market for everything from fresh local produce to crafts from local artisans. Grove Lane Deli is a local favourite for coffee and treats and if you're looking for a hidden gem then Gladwell's Grocery & Deli is tucked inside a 19th Century Grade II listed bank, head down to the vault for a spot of wine tasting.

A true foodie's paradise, you'll be stuck for choice for eating out. To help you out our recommendations include Theo's if you have a passion for pizza or if you're looking for a broader menu the independent Camberwell Arms serves a seasonal menu with a focus on classic British cuisine. Award winning Gastro pub The Crooked Well is another fantastic local also serving up a seasonal menu and an array of drinks. Not feeling the pub tonight? Good Neighbour, a classy wine bar is perfect for a more relaxed evening catch up.

If you are ever tired of Camberwell then Peckham's famous Bellenden Road is nearby for delightful outlets such as Flock & Herd butchery, Artusi restaurant, The General Store and restaurant FIKA. Indulge in all the amenities Peckham has to offer, this property is nestled within reach of the vibrant shopping and culinary hub of Rye Lane. Take a leisurely stroll to discover the renowned Bussey Building, a cultural landmark housing a plethora of arts and fitness studios, a lively nightclub, a community theatre, faith groups, and a rooftop cinema boasting unparalleled views of the city. Along Rye Lane, beloved local hotspots like John the Unicorn, and The Four Quarters await, alongside a leisure centre and cinema for added entertainment options.

Nearby, the South London Gallery and Camberwell College of Art contribute to the area's artistic vibe, with local artists regularly opening their studios to the public.

Commute with ease via the nearby Peckham Rye station, offering swift connections to London Bridge, Blackfriars, Victoria, Canada Water (Jubilee line for Canary Wharf), Clapham Junction and Shoreditch High Street.
Regular buses will take you from your doorstep to the nearby Elephant and Castle underground station.

Service charge - £1800pa
Ground rent - £200pa
Lease - 121 years
Council Tax - Band D

Agent Details

Gareth James Property, South East London

020 3834 8094

Next Steps?

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