2 Bed Terraced House, Single Let, London, SE15 1JU, £610,000

1-3 Old Town, Clapham, London, SW4 0JT - a month ago

Leasehold

BTL

84 m²

+5 photos

ValuationUndervalued

Sold Prices	£422.5K - £1.3M
Sold Prices/m²	£4.4K/m² - £10.7K/m²

Square Metres	84 m²
Price/m²	£7.3K/m²
Value Estimate	£640,519£640,519
BMV	5%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£152,500£152,500
Stamp Duty & Legal Fees	£37,500£37,500
Total Cash In	£190,000£190,000

Cash Out
Rent Range	£1,200 - £3,597£1,200 - £3,597
Rent Estimate	£1,388
Running Costs/mo	£2,204£2,204
Cashflow/mo	£-816£-816
Cashflow/yr	£-9,790£-9,790
Gross Yield	3%3%

Local Sold Prices

50 sold prices from £422.5K to £1.3M, average is £525K. £4.4K/m² to £10.7K/m², average is £7.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£422.5K	02/23	0.31 mi	84, Varcoe Road, London, Greater London SE16 3DG	£7,284	58	2	Terraced House
£455K	03/21	0.32 mi	7, Gerards Close, London, Greater London SE16 3DF	£6,408	71	2	Terraced House
£700K	06/21	0.34 mi	77a, Asylum Road, London, Greater London SE15 2RJ	£6,616	106	2	Terraced House
£485K	12/20	0.5 mi	41, Farrow Lane, London, Greater London SE14 5DB	£7,951	61	2	Terraced House
£520K	05/23	0.5 mi	40, Farrow Lane, London, Greater London SE14 5DB	£8,000	65	2	Terraced House
£436.5K	03/21	0.5 mi	70, Water Lane, London, Greater London SE14 5DN	£5,880	74	2	Terraced House
£977.5K	02/21	0.54 mi	174, Lynton Road, London, Greater London SE1 5RB	£7,188	136	2	Terraced House
£694K	11/20	0.58 mi	86, Astbury Road, London, Greater London SE15 2NW	£7,229	96	2	Terraced House
£500K	11/20	0.58 mi	183, Simms Road, London, Greater London SE1 5LP	£10,081	50	2	Semi-Detached House
£450K	06/21	0.58 mi	192, St James's Road, London, Greater London SE1 5LN	-	-	2	Semi-Detached House
£472.5K	02/22	0.58 mi	60, Cadet Drive, London, Greater London SE1 5RU	-	-	2	Semi-Detached House
£870K	11/21	0.58 mi	123, Lynton Road, London, Greater London SE1 5QX	-	-	2	Terraced House
£515K	08/21	0.59 mi	42, Ashmore Close, London, Greater London SE15 5GY	-	-	2	Terraced House
£582.3K	04/23	0.59 mi	34, Ashmore Close, London, Greater London SE15 5GY	£9,592	61	2	Terraced House
£495K	08/22	0.6 mi	23, Oxley Close, London, Greater London SE1 5HF	£9,167	54	2	Terraced House
£460K	03/21	0.6 mi	44, Romney Close, London, Greater London SE14 5JH	£5,897	78	2	Terraced House
£460K	03/21	0.6 mi	44, Romney Close, London, Greater London SE14 5JH	£5,897	78	2	Terraced House
£480K	04/21	0.6 mi	48, Strathnairn Street, London, Greater London SE1 5BL	-	-	2	Terraced House
£500K	03/23	0.61 mi	37, Strathnairn Street, London, Greater London SE1 5BN	£7,692	65	2	Terraced House
£530K	12/20	0.61 mi	201, Sumner Road, London, Greater London SE15 5GW	£8,983	59	2	Terraced House
£650K	03/21	0.65 mi	15, Dayton Grove, London, Greater London SE15 2NX	£7,558	86	2	Terraced House
£707K	02/21	0.65 mi	13, Dayton Grove, London, Greater London SE15 2NX	£8,838	80	2	Terraced House
£1.0M	10/20	0.67 mi	144, Fort Road, London, Greater London SE1 5QA	£8,333	120	2	Terraced House
£430K	10/21	0.68 mi	22, Abbey Gardens, London, Greater London SE16 3RQ	£8,269	52	2	Semi-Detached House
£430K	10/21	0.68 mi	22, Abbey Gardens, London, Greater London SE16 3RQ	£8,269	52	2	Semi-Detached House
£515K	05/21	0.71 mi	27, Watts Street, London, Greater London SE15 5GP	£7,153	72	2	Terraced House
£582.5K	09/21	0.71 mi	24, Watts Street, London, Greater London SE15 5GP	£7,979	73	2	Terraced House
£562.5K	12/22	0.71 mi	89, Pentridge Street, London, Greater London SE15 6GF	£7,401	76	2	Terraced House
£845K	04/21	0.74 mi	6, Alma Grove, London, Greater London SE1 5PY	£8,711	97	2	Terraced House
£865K	09/23	0.74 mi	32, Alma Grove, London, Greater London SE1 5PY	£9,414	92	2	Terraced House
£850K	03/22	0.75 mi	21, Consort Road, London, Greater London SE15 2PH	-	-	2	Detached House
£691K	02/21	0.79 mi	66, Lugard Road, London, Greater London SE15 2SZ	£6,775	102	2	Terraced House
£1.3M	03/22	0.8 mi	Plot D, 77a, Stanbury Road, London, Greater London SE15 2DA	-	-	2	Detached House
£438.5K	11/20	0.85 mi	43, Greenland Mews, London, Greater London SE8 5JW	£6,355	69	2	Terraced House
£460K	12/20	0.86 mi	22, Greenland Mews, London, Greater London SE8 5JN	£4,423	104	2	Terraced House
£536K	08/22	0.86 mi	15, Greenland Mews, Deptford, London, Greater London SE8 5JN	£6,872	78	2	Terraced House
£485K	09/21	0.86 mi	24, Swallow Close, London, Greater London SE14 5LZ	-	-	2	Semi-Detached House
£590K	05/23	0.87 mi	159, Kirkwood Road, London, Greater London SE15 2BG	£8,806	67	2	Terraced House
£665K	04/21	0.88 mi	75, Gordon Road, London, Greater London SE15 2AF	£8,418	79	2	Terraced House
£815K	11/22	0.89 mi	57, Hatcham Park Road, London, Greater London SE14 5QE	-	-	2	Terraced House
£450K	03/21	0.9 mi	1, Wild Goose Drive, London, Greater London SE14 5LP	£5,625	80	2	Terraced House
£680K	03/21	0.91 mi	4, Brocklehurst Street, London, Greater London SE14 5QG	£7,252	94	2	Terraced House
£780K	06/21	0.91 mi	55, Webster Road, London, Greater London SE16 4DR	£8,387	93	2	Terraced House
£575K	05/23	0.93 mi	37, Wellington Close, London, Greater London SE14 5NA	-	-	2	Terraced House
£650K	09/21	0.93 mi	85, St James's Road, London, Greater London SE16 4QS	£8,784	74	2	Terraced House
£440K	03/23	0.94 mi	24, Marchant Street, London, Greater London SE14 6HP	£6,471	68	2	Terraced House
£450K	10/20	0.94 mi	32, Tarragon Close, London, Greater London SE14 6DL	£8,139	55	2	Terraced House
£883K	04/21	0.94 mi	15, Elm Grove, London, Greater London SE15 5DB	£10,690	83	2	Semi-Detached House
£474K	06/21	0.95 mi	80, Dennetts Road, London, Greater London SE14 5LJ	£5,326	89	2	Terraced House
£494.6K	04/21	0.98 mi	17, Parkstone Road, London, Greater London SE15 4UQ	£7,494	66	2	Semi-Detached House

Local Rents

50 rents from £1.2K/mo to £3.6K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,450	08/24	0.04 mi	Old Kent Road, London, SE15	2	Flat
£1,700	08/24	0.04 mi	Old Kent Road Peckham SE15	2	Flat
£1,700	10/24	0.08 mi	-	2	Flat
£1,800	08/24	0.12 mi	Peckham Park Road, Peckham SE15	2	Flat
£1,850	08/24	0.13 mi	Lyons Court, Green Hundred Road, SE15	2	Flat
£2,250	08/24	0.13 mi	-	2	Flat
£2,100	12/24	0.13 mi	-	2	Flat
£2,200	03/25	0.13 mi	-	2	Flat
£1,950	02/25	0.15 mi	-	2	Flat
£1,850	08/24	0.16 mi	Peckham Park Road, Peckham, SE15	2	Flat
£1,900	08/24	0.17 mi	Bird In Bush Road, Peckham SE15	2	Flat
£1,900	08/24	0.18 mi	Peckham Park Road Peckham SE15	2	Flat
£2,400	08/24	0.19 mi	-	2	Flat
£1,200	08/24	0.19 mi	Old Kent Road, Peckham, SE15	2	Flat
£2,300	03/25	0.2 mi	-	2	Flat
£2,200	08/24	0.2 mi	Rotherhithe New Road London SE16	2	Flat
£2,650	12/24	0.2 mi	Rotherhithe New Road London SE16	2	Flat
£2,300	12/24	0.2 mi	Chancellor House, 395 Rotherhithe New Road, London, SE16	2	Flat
£2,500	12/24	0.2 mi	Chancellor House, South Bermondsey, SE16	2	Flat
£2,200	08/24	0.21 mi	Rotherhithe New Road, London	2	Flat
£3,597	12/24	0.21 mi	395 Rotherhithe New Road, SE16	2	Flat
£2,500	12/24	0.21 mi	New Rotherhithe Road, South Bermondsey, SE16	2	Flat
£2,400	02/25	0.21 mi	-	2	Flat
£2,600	12/24	0.21 mi	Rotherhithe New Road, London, SE16 3FN	2	Flat
£2,600	12/24	0.21 mi	-	2	Flat
£2,450	08/24	0.22 mi	Rotherhithe New Road Bermondsey SE16	2	Flat
£2,300	12/24	0.22 mi	Rotherhithe New Road London SE16	2	Flat
£2,200	12/24	0.22 mi	Rotherhithe New Road London SE16	2	Flat
£2,600	12/24	0.22 mi	Rotherhithe New Rd, Bermondsey, SE16 3FN – 2 Bedrooms Flat	2	Flat
£2,557	12/24	0.22 mi	-	2	Flat
£2,050	08/24	0.23 mi	-	2	Terraced House
£2,100	08/24	0.24 mi	Argyle Way, London, SE16 3JQ	2	Terraced House
£2,000	08/24	0.26 mi	Naylor Road London SE15	2	House
£2,150	08/24	0.27 mi	Crown Place Apartments, 20 Varcoe Road, London, SE16	2	Flat
£2,300	03/25	0.28 mi	-	2	Flat
£2,400	08/24	0.29 mi	-	2	Flat
£2,400	08/24	0.29 mi	Grenier Apartments, London, SE15	2	Flat
£2,400	12/24	0.29 mi	Fern Walk, Bermondsey, London, SE16	2	Flat
£1,900	03/25	0.29 mi	-	2	Flat
£1,920	12/24	0.29 mi	-	2	Flat
£2,200	08/24	0.29 mi	Howson Court, 525 Old Kent Road, SE1	2	Flat
£3,000	12/24	0.3 mi	-	2	Flat
£2,000	12/24	0.3 mi	Sherwood Gardens Bermondsey SE16	2	House
£2,300	08/24	0.3 mi	Gervase Street, Peckham, London, SE15	2	Flat
£2,200	12/24	0.31 mi	Batwa House, Bermondsey, SE16	2	Flat
£2,500	12/24	0.31 mi	-	2	Flat
£2,400	08/24	0.31 mi	-	2	Flat
£2,500	09/24	0.31 mi	-	2	Flat
£2,600	08/24	0.31 mi	Grenier Apartments, London, SE15	2	Flat
£2,500	08/24	0.31 mi	Grenier Apartments, London, SE15	2	Flat

Local Area Statistics

Population in SE15	63,64763,647
Population in London	4,771,9214,771,921
Town centre distance	3.65 miles away3.65 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.50 miles away0.50 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+15%+15%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £610,000

February 19, 2025

Floor Plans

Description

Range of 1 & 2 bedroom apartments +
Superb location +
Outstanding resident facilities +
Strong investment opportunity +
Excellent specification +
Private roof terraces +

A Manhattan building with an exclusive London address.

The BeCa brings a range of one and two-bedroom homes, each residence boasts private outdoor space and access to exceptional amenities.

Residents will enjoy a private gym, three rooftop terraces, and a dedicated concierge service. The ground floor provides ultimate convenience and acts as a safe haven from the buzz of the city with an exclusive lobby, on-site coffee shop, co-working space, secure cycle storage and the upcoming Sainsbury's supermarket.

Situation
Located in the heart of Zone 2, The Old Kent Road is undergoing a vibrant transformation. This historic thoroughfare is evolving into a real hotspot, attracting creatives and innovative new businesses.

The BeCa stands at the heart of the transformative Ruby Triangle regeneration, a 4.81-acre masterplan destined to become a vibrant new London neighborhood. This ambitious project will bring 1,400 homes, a tech incubator, sports hall, cycle hub, central green space, and inviting rooftop areas. With its prime location and the regeneration already underway, this development presents a compelling investment opportunity with exceptional returns.

You're at home in The BeCa, and within minutes, you're at London Bridge. From there, the city is yours to explore. Waterloo, Charing Cross, Peckham Rye – all within easy reach. And with Canary Wharf and the City just a short hop away, your work-life balance just got a whole lot easier.

6% projected yields
2-beds from £610,000
*Images are CGI and indicative only

Agent Details

Orlando Reid, London

020 3909 8952

Next Steps?

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

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