2 Bed Flat, Single Let, London, SE13 7RJ, £350,000

Bliss Crescent, London, SE13 7RJ - 2 views - 2 months ago

Leasehold

BTL

ROI: 4%

~68 m²

+8 photos

ValuationUndervalued

Sold Prices	£152K - £695K
Sold Prices/m²	£4.9K/m² - £11.5K/m²

Square Metres	~68.11 m²
Price/m²	£5.1K/m²
Value Estimate	£430,500£430,500
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£87,500£87,500
Stamp Duty & Legal Fees	£23,700£23,700
Total Cash In	£111,200£111,200

Cash Out
Rent Range	£1,600 - £4,500£1,600 - £4,500
Rent Estimate	£1,850
Running Costs/mo	£1,484£1,484
Cashflow/mo	£366£366
Cashflow/yr	£4,395£4,395
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £152K to £695K, average is £420K. £4.9K/m² to £11.5K/m², average is £6.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£152K	08/21	0.14 mi	Flat 2, Ohio Building, Deals Gateway, London, Greater London SE13 7RX	-	-	2	Flat
£405K	07/23	0.16 mi	Flat 405, Arizona Building, Deals Gateway, London, Greater London SE13 7QQ	-	-	2	Flat
£320K	11/23	0.17 mi	114, Crosslet Vale, Greenwich, London, Greater London SE10 8DL	£5,926	54	2	Flat
£335K	03/23	0.19 mi	25, Crosslet Vale, Greenwich, London, Greater London SE10 8DH	£6,700	50	2	Flat
£410K	03/23	0.2 mi	Flat 505, Idaho Building, Deals Gateway, London, Greater London SE13 7QG	-	-	2	Flat
£435K	10/23	0.2 mi	Flat 604, Idaho Building, Deals Gateway, London, Greater London SE13 7QG	-	-	2	Flat
£345K	08/21	0.2 mi	Flat 101, Atlanta Building, Deals Gateway, London, Greater London SE13 7RU	-	-	2	Flat
£695K	09/21	0.21 mi	14b, St Johns Vale, London, Greater London SE8 4EW	£6,881	101	2	Flat
£335K	04/21	0.21 mi	Flat 26, Grover Court, Loampit Hill, London, Greater London SE13 7ST	-	-	2	Flat
£359K	05/21	0.21 mi	Flat 18, Grover Court, Loampit Hill, London, Greater London SE13 7ST	-	-	2	Flat
£375K	03/21	0.21 mi	Flat 23, Grover Court, Loampit Hill, London, Greater London SE13 7ST	-	-	2	Flat
£422K	04/23	0.21 mi	Flat 107, Dakota Building, Deals Gateway, London, Greater London SE13 7QE	-	-	2	Flat
£480K	07/23	0.21 mi	Flat 603, Dakota Building, Deals Gateway, London, Greater London SE13 7QE	-	-	2	Flat
£320K	11/21	0.22 mi	Flat 23, Compass House, Armoury Road, London, Greater London SE8 4LF	-	-	2	Flat
£375.1K	02/23	0.24 mi	Flat 601, Adana Building, Conington Road, London, Greater London SE13 7FD	-	-	2	Flat
£383K	01/24	0.26 mi	Garden Flat, 37, Blackheath Road, London, Greater London SE10 8PE	£4,910	78	2	Flat
£500K	08/23	0.28 mi	3d, St Johns Vale, London, Greater London SE8 4EA	£7,610	66	2	Flat
£335K	11/20	0.29 mi	Flat 56, Century House, Armoury Road, London, Greater London SE8 4LH	-	-	2	Flat
£503.5K	07/23	0.32 mi	131a, Greenwich South Street, London, Greater London SE10 8NX	-	-	2	Flat
£600K	10/23	0.34 mi	Ground Floor Flat, 16, Halesworth Road, London, Greater London SE13 7TN	£11,538	52	2	Flat
£425K	08/24	0.35 mi	53c, Devonshire Drive, London, Greater London SE10 8JZ	£7,589	56	2	Flat
£380K	04/21	0.36 mi	Apartment 2, The White Cube, Algernon Road, London, Greater London SE13 7FS	-	-	2	Flat
£525K	12/20	0.36 mi	36a, Shell Road, London, Greater London SE13 7TW	-	-	2	Flat
£547K	09/23	0.38 mi	First Floor Flat, 39b, Undercliff Road, London, Greater London SE13 7TU	£8,547	64	2	Flat
£415.1K	06/21	0.38 mi	46d, Tyrwhitt Road, London, Greater London SE4 1QG	£5,535	75	2	Flat
£420K	02/21	0.38 mi	Flat 8, Barnstaple House, Devonshire Drive, London, Greater London SE10 8LD	-	-	2	Flat
£570K	05/21	0.41 mi	81a, Halesworth Road, London, Greater London SE13 7TL	-	-	2	Flat
£360K	05/23	0.43 mi	78, Lewisham Hill, London, Greater London SE13 7EL	£4,932	73	2	Flat
£467K	05/23	0.43 mi	13, Lloyd Villas, London, Greater London SE4 1US	£6,380	73	2	Flat
£420K	01/23	0.43 mi	18, Lloyd Villas, London, Greater London SE4 1US	£5,915	71	2	Flat
£500K	07/23	0.43 mi	43, Lloyd Villas, London, Greater London SE4 1US	£7,042	71	2	Flat
£520K	05/23	0.43 mi	22, Lloyd Villas, London, Greater London SE4 1US	-	-	2	Flat
£485K	02/23	0.43 mi	14, Point Close, Greenwich, London, Greater London SE10 8QS	£6,736	72	2	Flat
£485K	03/21	0.44 mi	Flat A, 102, Sandrock Road, London, Greater London SE13 7TP	£7,823	62	2	Flat
£365K	03/21	0.44 mi	71, Walerand Road, London, Greater London SE13 7PQ	-	-	2	Flat
£332K	04/23	0.44 mi	73 - 99, Walerand Road, London, Greater London SE13 7PQ	-	-	2	Flat
£300K	08/21	0.45 mi	Flat 23, Deloraine House, Tanners Hill, London, Greater London SE8 4PY	-	-	2	Flat
£443K	07/23	0.46 mi	Flat 12, Dartmouth Court, Dartmouth Grove, London, Greater London SE10 8AS	-	-	2	Flat
£435K	05/21	0.46 mi	Flat 32, Dartmouth Court, Dartmouth Grove, London, Greater London SE10 8AS	-	-	2	Flat
£435K	05/21	0.46 mi	Flat 32, Dartmouth Court, Dartmouth Grove, London, Greater London SE10 8AS	-	-	2	Flat
£615K	12/21	0.47 mi	11a, Tressillian Road, London, Greater London SE4 1YG	£6,029	102	2	Flat
£677.5K	11/23	0.47 mi	6a, Langdale Road, London, Greater London SE10 8UA	£8,221	82	2	Flat
£360K	05/23	0.47 mi	36, Allison Close, London, Greater London SE10 8AZ	-	-	2	Flat
£415K	06/21	0.47 mi	31, Allison Close, London, Greater London SE10 8AZ	£6,547	63	2	Flat
£500K	04/23	0.48 mi	32b, Breakspears Road, London, Greater London SE4 1UW	£6,667	75	2	Flat
£555.5K	03/23	0.48 mi	32, Breakspears Road, London, Greater London SE4 1UW	£7,725	72	2	Flat
£408K	04/21	0.48 mi	128b, Tanners Hill, London, Greater London SE8 4QD	-	-	2	Flat
£290K	09/21	0.48 mi	Flat 4, Heston House, Tanners Hill, London, Greater London SE8 4PU	-	-	2	Flat
£325K	11/20	0.48 mi	Flat 53, Heston House, Tanners Hill, London, Greater London SE8 4PX	-	-	2	Flat
£600K	02/21	0.49 mi	Flat C, 44, Tressillian Road, London, Greater London SE4 1YB	£5,875	102	2	Flat

Local Rents

50 rents from £1.6K/mo to £4.5K/mo, average is £2.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,950	08/24	0.05 mi	Lewisham, SE13	2	Flat
£2,600	04/25	0.1 mi	-	2	Flat
£1,650	11/24	0.1 mi	-	2	Flat
£1,950	09/23	0.12 mi	Thurston Road, Lewisham, London	2	Flat
£2,100	02/24	0.12 mi	-	2	Flat
£2,200	08/24	0.12 mi	-	2	Flat
£2,250	08/24	0.12 mi	-	2	Flat
£2,450	09/24	0.12 mi	-	2	Flat
£2,400	01/25	0.12 mi	-	2	Flat
£2,450	03/25	0.12 mi	-	2	Flat
£1,850	08/24	0.12 mi	Bolden Street, St Johns, London, SE8	2	Flat
£2,100	08/24	0.13 mi	Armoury Road, London, Greater London, SE8 4LA	2	Flat
£2,050	08/24	0.14 mi	Alaska Building, Onese8 Development, Deals Gateway, Lewisham, SE13	2	Flat
£2,100	11/23	0.14 mi	Deals Gateway, SE13	2	Flat
£2,100	08/24	0.15 mi	Deals Gateway, London, SE13	2	Flat
£2,100	08/24	0.15 mi	-	2	Flat
£2,350	01/25	0.15 mi	-	2	Flat
£1,950	11/24	0.15 mi	-	2	Flat
£4,500	03/25	0.15 mi	-	2	Flat
£2,100	08/24	0.15 mi	Alaska Building, Onese8 Development, Deals Gateway, Lewisham, SE13	2	Flat
£2,095	08/24	0.15 mi	Flamsteed Court, SE13	2	Flat
£2,100	09/24	0.15 mi	Alaska Building, Deals Gateway, Deptford, London, SE13	2	Flat
£1,825	02/25	0.16 mi	-	2	Flat
£1,975	04/25	0.17 mi	-	2	Flat
£2,700	08/24	0.17 mi	-	2	Flat
£2,000	03/25	0.17 mi	-	2	Flat
£2,050	08/24	0.17 mi	Arizona Building, Deals Gateway, Onese8 Development, Lewisham, SE13	2	Flat
£1,925	02/25	0.17 mi	-	2	Flat
£1,850	11/23	0.17 mi	Crosslet Vale, SE10	2	Flat
£1,900	11/24	0.17 mi	-	2	Flat
£1,800	11/24	0.17 mi	-	2	Flat
£1,900	11/24	0.17 mi	-	2	Flat
£1,600	08/24	0.17 mi	Crosslet Vale, London, SE10	2	Flat
£1,750	11/24	0.18 mi	-	2	Flat
£2,400	08/24	0.18 mi	Parkside Avenue, Greenwich, London, SE10	2	Flat
£1,750	08/24	0.18 mi	Loampit Hill, Lewisham	2	Flat
£2,300	01/25	0.19 mi	-	2	Flat
£2,150	03/25	0.19 mi	-	2	Flat
£2,250	08/24	0.19 mi	-	2	Flat
£2,355	08/24	0.19 mi	Bale & Anchor, Conington Road, SE13	2	Flat
£2,900	08/24	0.19 mi	Bale & Anchor, Conington Road, SE13	2	Flat
£2,150	09/24	0.19 mi	Jubilee Heights, SE10	2	Flat
£2,100	08/24	0.2 mi	Larkwood Avenue, Greenwich, London	2	Flat
£2,200	09/24	0.2 mi	-	2	Flat
£1,800	04/25	0.2 mi	-	2	Flat
£2,200	08/24	0.2 mi	-	2	Flat
£2,100	08/24	0.2 mi	Idaho Building, Deals Gateway, Deptford, London, SE13	2	Flat
£1,850	08/24	0.2 mi	Connington Road	2	Flat
£2,000	08/24	0.2 mi	-	2	Flat
£2,150	11/24	0.2 mi	-	2	Flat

Local Area Statistics

Population in SE13	40,84840,848
Population in London	4,771,9214,771,921
Town centre distance	5.51 miles away5.51 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.11 miles away0.11 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+21%+21%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+15%+15%

Property History

Listed for £350,000

February 27, 2025

Floor Plans

Description

- Private Balcony. +
- Communal Garden & Children’s Play Area. +
- Greenwich Highstreet & Park Within a Mile. +
- Elverson DLR 0.1m. +
- Close To Transport. +
- Second Floor Apartment. +
- Close To Amenities. +
- EPC Rating – C. +

A spacious apartment secretly located behind Coldbath street; Crescent house is surrounded by communal grounds which offers a kids play area and plenty of green space for families to enjoy!

Set on the second floor, the accommodation offers 680sqft of floorspace with two great size bedrooms, both complimented by laminate flooring. There is a separate w/c with the bathroom on the opposite side which could be opened into one big bathroom space (subject to approval), the bathroom is fitted with a bath and overhead shower. The reception room is bright and airy and beautifully decorated, this room further leads out to a private balcony overlooking the communal grounds.

Bliss Crescent is conveniently located with Elverson DLR only 0.1m walk & Greenwich Railway & DLR just 0.7m walk. Even better the stunning Greenwich Park is within a mile and a stunning park to enjoy throughout the year. G Greenwich has plenty to offer with the popular Greenwich Market, a range of boutique shops, restaurants, bars, cafes and museums with architectural buildings to explore.

Leasehold 112 Years | Service Charge £1,608pa | Ground Rent £10pa

Agent Details

Acorn, Lewisham

020 8106 2893

Next Steps?

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

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