2 Bed Flat, Planning Permission, London, SE15 5ED, £350,000

Peckham High Street, London, SE15 5ED - 2 views - 2 months ago

Leasehold
Planning
ROI: 3%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£226K - £780K
Sold Prices/m²£3.6K/m² - £14.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£430,500
BMV23%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,600 - £3,200

Rent Estimate

£1,700

Running Costs/mo

£1,454

Cashflow/mo

£246

Cashflow/yr

£2,955

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £226K to £780K, average is £441.3K. £3.6K/m² to £14.8K/m², average is £6.8K/m².

PriceDateDistanceAddressBeds 
£448K07/230.06 miFlat 34, Wakefield House, Goldsmith Road, London, Greater London SE15 5ST2
£558.5K12/210.1 mi100c, Peckham Hill Street, London, Greater London SE15 5JT2
£340K10/210.16 mi11a, Raul Road, London, Greater London SE15 5HR2
£400K06/230.18 mi32, Wentworth Crescent, London, Greater London SE15 5UG2
£335K12/200.2 mi14b, Marmont Road, London, Greater London SE15 5TE2
£437.5K01/230.28 mi47, Kelly Avenue, London, Greater London SE15 5LB2
£377.5K01/210.31 miFirst Floor Flat B, 4, Kincaid Road, London, Greater London SE15 5UN2
£345K03/230.34 miFlat 9, Tern House, Pelican Estate, London, Greater London SE15 5NL2
£340K06/230.35 miFlat 5, Montpelier Court, Montpelier Road, London, Greater London SE15 2HA2
£533.5K05/210.37 mi5a, Nutcroft Road, London, Greater London SE15 1AG2
£445K03/230.38 mi69a, Friary Road, Peckham, London, Greater London SE15 1QS2
£425K01/210.41 mi22, Meeting House Lane, London, Greater London SE15 2UN2
£528.5K04/210.41 mi47a, Naylor Road, London, Greater London SE15 1QJ2
£365K06/230.41 mi89, Naylor Road, London, Greater London SE15 1QJ2
£645K02/210.43 mi133a, Kirkwood Road, London, Greater London SE15 2BG2
£780K11/210.45 mi57a, Choumert Road, London, Greater London SE15 4AR2
£335K05/210.46 miFlat 25, Palm Court, Garnies Close, London, Greater London SE15 6PB2
£705K07/230.46 mi41b, Bushey Hill Road, London, Greater London SE5 8QF2
£450K01/210.46 miFlat 9, Bushey Hall, Bushey Hill Road, London, Greater London SE5 8QG2
£567.5K07/210.47 mi106a, Bushey Hill Road, London, Greater London SE5 8QQ2
£412.5K01/230.49 mi135, Linwood Close, Camberwell, London, Greater London SE5 8UY2
£468K03/230.49 mi127, Linwood Close, Camberwell, London, Greater London SE5 8UY2
£455K01/210.49 mi117, Linwood Close, London, Greater London SE5 8UY2
£455.5K12/200.49 mi127, Linwood Close, London, Greater London SE5 8UY2
£420K02/210.49 mi137, Linwood Close, London, Greater London SE5 8UY2
£355K04/230.5 mi20, Garnies Close, London, Greater London SE15 6HW2
£500K03/230.51 mi119b, Crofton Road, London, Greater London SE5 8LZ2
£347K05/210.51 mi105, Pennack Road, London, Greater London SE15 6DE2
£360K06/210.52 mi97, Bath Close, London, Greater London SE15 2JT2
£365K03/210.53 mi33, Blanch Close, London, Greater London SE15 2LD2
£420K04/210.53 miFlat 4, Shannon Court, Garnies Close, London, Greater London SE15 6LJ2
£402K03/230.53 mi47, Laburnum Close, London, Greater London SE15 2LJ2
£240K02/210.53 mi69, Haymerle Road, London, Greater London SE15 6SQ2
£477.5K12/200.54 mi117b, Brayards Road, London, Greater London SE15 2BX2
£475K01/210.54 mi71, Linwood Close, London, Greater London SE5 8UU2
£226K12/200.55 miFlat 3, Ednam House, Friary Estate, London, Greater London SE15 6SE2
£325K12/210.55 mi66, Latona Road, London, Greater London SE15 6RY2
£478.9K06/230.56 mi31, Clifton Crescent, London, Greater London SE15 2RX2
£430.5K03/210.57 mi22, Clifton Crescent, London, Greater London SE15 2RX2
£470K06/210.57 mi67, Manaton Close, London, Greater London SE15 3PW2
£426K10/210.57 mi79, Manaton Close, London, Greater London SE15 3PW2
£607.5K03/210.59 mi14a, Wroxton Road, London, Greater London SE15 2BN2
£515K12/200.59 mi72, Linnell Road, London, Greater London SE5 8NJ2
£625K03/210.62 mi14b, Howden Street, London, Greater London SE15 4LB2
£780K05/230.64 miFlat 18, Pioneer Centre, Frobisher Place, London, Greater London SE15 2EE2
£750K02/210.64 miFlat 15, Pioneer Centre, Frobisher Place, London, Greater London SE15 2EE2
£590K08/230.65 mi37a, Copleston Road, London, Greater London SE15 4AN2
£325K03/210.66 mi55, Granville Square, London, Greater London SE15 6DX2
£347K06/210.66 miFlat 77, Fearnley House, Vestry Road, London, Greater London SE5 8JR2
£710K01/210.67 mi10a, Copleston Road, London, Greater London SE15 4AD2

Local Rents

49 rents from £1.6K/mo to £3.2K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,85008/240.04 miMission Place, London2
£1,90008/240.04 miPeckham High Street Peckham SE152
£1,90008/240.04 miPeckham High Street London SE152
£1,70008/240.05 miPeckham High Street, London2
£1,89503/250.09 mi-2
£1,80008/240.11 miMarmont Road, Peckham2
£1,60002/240.12 mi-2
£1,80001/250.12 mi-2
£2,20002/240.13 mi-2
£1,95008/240.13 mi-2
£2,00010/240.14 mi-2
£1,80008/240.15 miPeckham High Street, London2
£2,55003/250.16 mi-2
£1,83010/230.16 miPeckham High Street, SE152
£2,25009/240.17 mi-2
£2,00012/240.17 mi-2
£2,00012/240.17 mi-2
£1,95008/240.18 miGrenard Close, London, SE152
£1,95008/240.18 mi-2
£2,20008/240.19 miNew Cross Road, London, SE142
£1,75008/240.2 miMarmont Road London SE152
£2,50008/240.2 mi-2
£2,50008/240.2 miAlliance Court, London, SE152
£2,50001/250.21 mi-2
£2,15009/240.22 miRye Lane, Peckham London2
£2,50008/240.22 mi-2
£2,30008/240.22 miASHMORE, Peckham, London, SE152
£2,30008/240.23 miAshmore Close, London SE152
£2,10011/240.23 mi-2
£2,00001/250.23 mi-2
£3,20002/250.23 mi-2
£2,50008/240.24 miConsort Road Peckham SE152
£2,00008/240.25 miGervase Street, Peckham2
£2,40008/240.25 miQueens Road, Peckham, SE152
£2,10008/240.26 miRye Lane, London , SE15 4UR2
£2,20012/240.27 mi-2
£1,80009/240.27 mi-2
£2,70008/240.27 miWoods Road, Peckham, London, SE152
£1,60009/240.28 mi-2
£1,80008/240.28 miFurley Road London SE152
£2,00002/250.28 mi-2
£2,50008/240.28 miLyndhurst Way, London2
£1,70008/240.28 miKelly Avenue, SE152
£2,00002/250.28 mi-2
£2,00008/240.28 miCommercial Way SE152
£1,90011/240.29 mi-2
£2,79502/250.3 mi-2
£2,15008/240.31 miFriary Road2
£1,90008/240.32 miBournemouth Road, Peckham Rye, SE15 4BH2

Local Area Statistics

Population in SE15

63,647

Population in London

4,771,921

Town centre distance

4.07 miles away

Nearest school

0.20 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £350,000

February 15, 2025

Floor Plans

Description

  • Asking Price £350,000 to £400,000 +
  • CHAIN-FREE +
  • Two-Bedroom Apartment +
  • Open-Plan Living Room/Kitchen +
  • Family Bathroom +
  • Private Entry +
  • Close Proximity to Shops, Restaurants and Amenities +
  • Close Proximity to Transport +
  • Close Proximity to Schools +
  • Close Proximity to Parks and Green Spaces +

CHAIN-FREE - Guide Price £350,000 to £400,000

Set on this popular road is this third-floor two bedroom apartment situated in the heart of Peckham. Spanning approximately 456 sqft the property benefits from two double bedrooms, a well-proportioned open plan living room/kitchen and a family bathroom. The property is offered in modern condition and would be perfect for a first-time buyer.

The development also benefits from secure entry, fibre/broadband connection and is conveniently situated for shops, restaurants, amenities and transport.

EPC C

COUNCIL TAX BAND C - Southwark

Leasehold

CHAIN-FREE - Guide Price £350,000 to £400,000

Set on this popular road is this third- floor two bedroom apartment situated in the heart of Peckham. Spanning approximately 456 sqft the property benefits from two double bedrooms, a well-proportioned open plan living room/kitchen and a family bathroom. The property is offered in modern condition and would be perfect for a first-time buyer.

The development also benefits from secure entry, fibre/broadband connection and is conveniently situated for shops, restaurants, amenities and transport.

Peckham Rye Station is just a 4 minute walk and offers direct access into Central London.

Travel time to London Bridge is just 10 minutes.

There are also numerous bus services on your doorstep giving access to London and surrounding areas.

Peckham High Street benefits from a huge amount of Shops, Bars, Restaurants and Local Amenities which offer modern and vibrant living for residents.

Local Parks and Green Spaces include Peckham Rye Park and Common, The Sexby Gardens and also the Horniman Gardens are within easy reach.

The nearby schools include Rye Oak Primary School, Harris Boys Academy and John Donne Primary School.

Verified Material Information

Council tax band: C

Tenure: Leasehold

Lease length: 125 years remaining (104 years from 2004)

Ground rent: £300 pa

Service charge: £1800 pa

Property type: Flat

Property construction: Standard form

Electricity supply: Mains electricity

Solar Panels: No

Other electricity sources: No

Water supply: Mains water supply

Sewerage: Mains

Heating: Central heating

Heating features: Double glazing

Broadband: Fibre/Broadband Connection

Parking: None

Building safety issues: No

Restrictions - Listed Building: No

Restrictions - Conservation Area: No

Restrictions - Tree Preservation Orders: None

Public right of way: No

Long-term area flood risk: Yes

Coastal erosion risk: No

Planning permission issues: No

Accessibility and adaptations: None

Coal mining area: No

Non-coal mining area: Yes

Energy Performance rating: C

Agent Details

Hunters, Forest Hill

020 3907 2670

Next Steps?

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