4 Bed Flat, Single Let, London, SE15 2SS, £450,000

Woods Road, Peckham, London, SE15 2SS - a month ago

Sold STC

Leasehold

BTL

ROI: 4%

~91 m²

+9 photos

ValuationUndervalued

Sold Prices	£250K - £3.6M
Sold Prices/m²	£3.4K/m² - £14.3K/m²

Square Metres	~90.90 m²
Price/m²	£5K/m²
Value Estimate	£531,415£531,415
BMV	18%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£112,500£112,500
Stamp Duty & Legal Fees	£33,700£33,700
Total Cash In	£146,200£146,200

Cash Out
Rent Range	£2,200 - £6,000£2,200 - £6,000
Rent Estimate	£2,438
Running Costs/mo	£1,914£1,914
Cashflow/mo	£524£524
Cashflow/yr	£6,290£6,290
ROI	4%4%
Gross Yield	7%7%

Local Sold Prices

44 sold prices from £250K to £3.6M, average is £479.2K. £3.4K/m² to £14.3K/m², average is £5.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£437.5K	03/21	0.37 mi	Flat 11, Wakefield House, Goldsmith Road, London, Greater London SE15 5ST	-	-	4	Flat
£425K	12/20	0.5 mi	Flat 3, Credenhill House, Ledbury Street, London, Greater London SE15 1BG	£5,060	84	4	Flat
£725K	10/20	0.56 mi	156, New Cross Road, London, Greater London SE14 5BA	-	-	4	Flat
£905K	07/23	0.72 mi	89a, Pepys Road, London, Greater London SE14 5SE	£8,227	110	4	Flat
£755.4K	03/23	0.75 mi	20a, Ommaney Road, New Cross, London, Greater London SE14 5NT	£6,192	122	4	Flat
£375K	11/21	1 mi	26, Sedgmoor Place, London, Greater London SE5 7SE	£3,866	97	4	Flat
£368K	05/23	1 mi	54, Sedgmoor Place, London, Greater London SE5 7SE	£3,680	100	4	Flat
£415K	04/21	1.01 mi	167, Havil Street, London, Greater London SE5 7SB	-	-	4	Flat
£280K	07/23	1.24 mi	86, Oxley Close, London, Greater London SE1 5HP	-	-	4	Flat
£800K	06/21	1.29 mi	92, Foxberry Road, London, Greater London SE4 2SH	£7,456	107	4	Flat
£420K	07/23	1.39 mi	13, Payne Street, London, Greater London SE8 4LP	£4,468	94	4	Flat
£542.5K	01/23	1.43 mi	9a, Thorncombe Road, London, Greater London SE22 8PX	-	-	4	Flat
£525K	11/20	1.51 mi	Garden Flat, 268, Crystal Palace Road, London, Greater London SE22 9JH	-	-	4	Flat
£410K	04/21	1.64 mi	107, Lockwood Square, London, Greater London SE16 2HX	£4,940	83	4	Flat
£445K	04/23	1.8 mi	147, Pilton Place, London, Greater London SE17 1DJ	-	-	4	Flat
£425K	08/23	1.91 mi	258, Olney Road, London, Greater London SE17 3HU	£5,592	76	4	Flat
£417K	03/23	1.91 mi	216, Olney Road, London, Greater London SE17 3HU	£4,964	84	4	Flat
£667.5K	06/21	2.02 mi	52b, Hollingbourne Road, London, Greater London SE24 9ND	£5,855	114	4	Flat
£800K	04/21	2.04 mi	9b, Underhill Road, London, Greater London SE22 0BT	£6,154	130	4	Flat
£456K	04/21	2.1 mi	16, Rutley Close, London, Greater London SE17 3NP	£5,846	78	4	Flat
£690K	02/23	2.15 mi	62, Ambergate Street, London, Greater London SE17 3RX	£11,510	60	4	Flat
£478.3K	04/23	2.24 mi	Flat 25, Rockfield House, Welland Street, London, Greater London SE10 9DR	-	-	4	Flat
£615K	08/21	2.26 mi	81b, London Road, London, Greater London SE23 3UZ	£4,659	132	4	Flat
£484K	08/23	2.26 mi	Flat 4, Isabella House, Othello Close, London, Greater London SE11 4RT	-	-	4	Flat
£400K	06/21	2.34 mi	Flat 116, Alverstone House, Kennington Park Road, London, Greater London SE11 5TP	-	-	4	Flat
£250K	06/23	2.41 mi	Ground Floor Flat, 327, Kennington Road, London, Greater London SE11 4QE	£3,378	74	4	Flat
£720K	10/20	2.41 mi	201, Croxted Road, London, Greater London SE21 8NL	£8,675	83	4	Flat
£435K	09/23	2.42 mi	Flat 94, Crowhurst House, Aytoun Road, London, Greater London SW9 0UE	-	-	4	Flat
£3.6M	10/20	2.43 mi	Flat 29, Ivory House, East Smithfield, London, Greater London E1W 1AT	-	-	4	Flat
£480K	12/20	2.44 mi	Flat 97, Burrow House, Stockwell Park Road, London, Greater London SW9 0UZ	-	-	4	Flat
£750K	04/21	2.45 mi	52, Turney Road, London, Greater London SE21 8LU	£9,146	82	4	Flat
£457K	03/21	2.46 mi	3, Noel Terrace, London, Greater London SE23 3JJ	£4,193	109	4	Flat
£562K	03/23	2.47 mi	Flat 25, Turberville House, Moat Place, London, Greater London SW9 0UP	-	-	4	Flat
£730K	03/21	2.47 mi	12, Dalkeith Road, London, Greater London SE21 8LS	£6,518	112	4	Flat
£667.5K	05/23	2.54 mi	26, Carroun Road, London, Greater London SW8 1JT	£6,743	99	4	Flat
£410K	11/23	2.59 mi	6, Otto Close, Sydenham, London, Greater London SE26 4NA	-	-	4	Flat
£750K	06/21	2.6 mi	2, St James Mews, London, Greater London E14 3XD	£7,813	96	4	Flat
£396K	09/23	2.67 mi	2, Shadwell Gardens, London, Greater London E1 2QG	£5,013	79	4	Flat
£737.8K	01/24	2.69 mi	First, Second And Third Floor Flat At, 71, Tradescant Road, London, Greater London SW8 1XJ	-	-	4	Flat
£405K	02/23	2.74 mi	Flat 7, Halyard House, Manchester Road, London, Greater London E14 3HD	-	-	4	Flat
£385K	10/21	2.78 mi	195b, George Lane, London, Greater London SE13 6RY	-	-	4	Flat
£759.5K	03/21	2.81 mi	131b, Ferndale Road, London, Greater London SW4 7RN	£14,330	53	4	Flat
£940K	09/23	2.83 mi	2a, Rhodesia Road, London, Greater London SW9 9EL	-	-	4	Flat
£434.6K	11/21	2.89 mi	12, Old Church Road, London, Greater London E1 0QA	£4,673	93	4	Flat

Local Rents

49 rents from £2.2K/mo to £6K/mo, average is £3.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,300	08/24	0.02 mi	Hooks Close, London, SE15	4	Terraced House
£3,300	08/24	0.02 mi	-	4	Terraced House
£2,400	08/24	0.05 mi	London, SE15	3	Terraced House
£4,200	08/24	0.06 mi	Queens Road London SE15	5	Flat
£3,100	08/24	0.1 mi	Woods Road, London, Peckham, SE15	3	Flat
£2,850	08/24	0.1 mi	Woods Road, Peckham, London, SE15	3	Flat
£2,900	08/24	0.1 mi	Montpelier Road, Peckham	3	Terraced House
£4,600	12/24	0.11 mi	-	5	Terraced House
£4,600	12/24	0.11 mi	-	5	Terraced House
£3,500	08/24	0.14 mi	Saskia Mews, Peckham	3	Detached House
£3,500	02/25	0.16 mi	-	4	Terraced House
£3,200	08/24	0.18 mi	Caulfield Road, London, SE15	4	Flat
£2,600	03/25	0.19 mi	-	3	Flat
£2,950	03/25	0.2 mi	-	3	Terraced House
£2,500	08/24	0.21 mi	Astbury Road, Peckham, SE15	3	Flat
£6,000	08/24	0.22 mi	Asylum Road, London, SE15	4	Detached House
£2,800	02/24	0.23 mi	-	3	Flat
£2,500	03/25	0.23 mi	-	3	Flat
£2,200	08/24	0.23 mi	Hathorne Close Peckham SE15	3	Flat
£2,500	08/24	0.24 mi	Arnold Dobson House, St. Mary's Road, London, SE15	3	Flat
£4,000	09/23	0.26 mi	Brayards Road, Peckham, SE15	5	Terraced House
£3,500	08/24	0.26 mi	Yarnfield Square, Peckham, SE15	4	Terraced House
£5,000	08/24	0.26 mi	Brayards Road, Peckham, SE15	5	Terraced House
£3,950	10/24	0.28 mi	-	5	Terraced House
£4,000	08/24	0.28 mi	Crewys Road Nunhead SE15	5	House
£4,450	08/24	0.28 mi	Lanvanor Road	5	Terraced House
£4,000	09/24	0.28 mi	-	5	Semi-Detached House
£4,000	08/24	0.28 mi	Ansdell Road, London, SE15	5	Semi-Detached House
£4,200	08/24	0.28 mi	Kincaid Road, Peckham	5	Terraced House
£3,800	10/24	0.28 mi	-	5	Terraced House
£4,200	08/24	0.28 mi	Kincaid Road, London, SE15	5	Terraced House
£4,150	08/24	0.29 mi	Geldart Road, London	5	House
£3,835	01/25	0.29 mi	-	4	Terraced House
£4,200	08/24	0.29 mi	Kincaid Road, Peckham	5	Terraced House
£4,350	08/24	0.29 mi	Kincaid Road, Peckham	5	Terraced House
£4,500	08/24	0.29 mi	Pennethorne Road, London	6	House
£4,500	08/24	0.29 mi	Pennethorne Road, London	5	House
£3,467	08/24	0.3 mi	Astbury Road , Peckham SE15	4	Flat
£3,395	03/25	0.3 mi	-	5	Flat
£3,450	08/24	0.3 mi	Marmont Road, Peckham	4	Flat
£3,500	08/24	0.3 mi	Marmont Road, Peckham	5	Flat
£2,750	08/24	0.3 mi	Geldart Road London SE15	3	Flat
£4,100	08/24	0.31 mi	Meeting House Lane, London, SE15	5	Terraced House
£4,400	08/24	0.31 mi	Moncrieff Street, London, SE15	6	Terraced House
£4,000	08/24	0.31 mi	Meeting House Lane, London, SE15	5	Terraced House
£4,200	09/24	0.31 mi	-	5	Terraced House
£4,200	08/24	0.31 mi	Meeting House Lane, London, SE15	5	Terraced House
£4,450	09/24	0.31 mi	Lanvanor Road, SE15	5	Terraced House
£2,800	08/24	0.32 mi	Pennethorne Road, Peckham	3	Terraced House

Local Area Statistics

Population in SE15	63,64763,647
Population in London	4,771,9214,771,921
Town centre distance	4.29 miles away4.29 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.14 miles away0.14 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

Price changed to £450,000

March 21, 2025

Listed for £475,000

February 20, 2025

Floor Plans

Description

Chain Free +
Four Bedrooms +
Three Bathrooms +
1045sqft +
Gated Allocated Parking +
Top Floor +
Great Location +
Energy Efficiency Rating E +

Guide Price £450,000 - £475,000

Acorn are please to present this four bedroom flat available chain free to the open market.

This spacious and well-presented four-bedroom, three-bathroom flat offers 1,045 square feet of comfortable living space in a highly sought-after location. Available chain-free, this property provides a fantastic opportunity for buyers.

The home boasts a well-thought-out layout, with bright and airy interiors that create a warm and inviting atmosphere. The master bedroom boasts of built in storage and an en-suite, the second bedroom, very bright and airy also has an en-suite attached. The third double bedroom is also a great space and lastly, the guest room which can be used as study. The south facing reception room is filled with natural light and is a great space for entertainment space. Gated parking at the rear of the building is also included.

Woods Road is perfectly situated for transport links, with Queens Road (0.1mi), Nunhead (0.5mi) and Peckham Rye (0.5mi) all within short walking distance. Also just a stones' throw from the bars, restaurants and independent shops Queens Road (0.1mi), Nunhead Lane (0.4mi) and Peckham Rye (0.4mi) has to offer.

Leasehold 98 Years | Service Charge £2,754pa | Ground Rent £275pa

Agent Details

Acorn, Peckham Rye

020 7123 8480

Next Steps?

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

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