2 Bed Flat, Refurb/BRRR, London, SE5 9EJ, £395,000

Elsinore House, Denmark Road, Camberwell, London, SE5 9EJ - 1 views - a month ago

Leasehold
Refurb/BRRR
ROI: 1%
~68 m²
+3 photos

ValuationFair Value

Sold Prices£190K - £695K
Sold Prices/m²£6.3K/m² - £15.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.8K/m²

Value Estimate

£398,950

 

 

End Value (After Refurb)

£538,401

Uplift in Value

+36%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£98,750

Stamp Duty & Legal Fees

£28,200

Refurb Costs

£36,079

Bridging Loan Interest

£10,369

Total Cash In

£175,148

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£538,401

Agent Fees (1%)

£5,384

Bridging Loan

£296,250

Bridging Loan Interest

£10,369

Flip Profit

£61,619

Local Sold Prices

50 sold prices from £190K to £695K, average is £442.4K. £6.3K/m² to £15.7K/m², average is £8.2K/m².

PriceDateDistanceAddressBeds 
£405K08/230.04 miFlat 13, Denmark Mansions, Coldharbour Lane, London, Greater London SE5 9PX2
£270K05/210.06 miFlat 1, Weyhill House, Lowth Road, London, Greater London SE5 9HA2
£370K02/210.13 miFlat 15, Oslo House, Carew Street, London, Greater London SE5 9EE2
£399.9K03/230.13 miFlat 6, Oslo House, Carew Street, London, Greater London SE5 9EE2
£410K02/210.14 miFlat 4, Bergen House, Carew Street, London, Greater London SE5 9ED2
£556K03/210.16 miFlat A, 134, Denmark Hill, London, Greater London SE5 8RX2
£585K05/230.23 miGarden Flat, 135, Denmark Road, London, Greater London SE5 9LB2
£340K10/230.36 miFlat 30, Elmore House, Loughborough Estate, London, Greater London SW9 7TH2
£665K06/210.39 mi25, Calais Street, London, Greater London SE5 9LP2
£500K07/210.39 mi33a, Kemerton Road, London, Greater London SE5 9AR2
£440.8K03/230.41 mi55b, Herne Hill Road, London, Greater London SE24 0AX2
£580K05/210.43 mi109b, Burton Road, London, Greater London SW9 6TF2
£320K03/210.44 miFlat 34, Ashby House, Loughborough Estate, London, Greater London SW9 7SJ2
£325K03/210.44 miFlat 20, Ashby House, Loughborough Estate, London, Greater London SW9 7SJ2
£444K01/210.46 mi158, Don Phelan Close, London, Greater London SE5 7DB2
£280K12/200.46 miFlat 23, Arnot House, Comber Grove, London, Greater London SE5 0LA2
£280K12/200.46 miFlat 23, Arnot House, Comber Grove, London, Greater London SE5 0LA2
£450K11/200.46 miFlat 6, Ruskin Park House, Champion Hill, London, Greater London SE5 8TQ2
£455K07/210.46 miFlat 2, Ruskin Park House, Champion Hill, London, Greater London SE5 8TQ2
£412K01/210.46 miFlat 1, Ruskin Park House, Champion Hill, London, Greater London SE5 8TQ2
£506.1K07/230.46 miFlat 20, Ruskin Park House, Champion Hill, London, Greater London SE5 8TQ2
£285K01/240.48 miFlat 34, Kettleby House, Barrington Road, London, Greater London SW9 7EG2
£665K06/210.49 mi34c, Wilson Road, London, Greater London SE5 8PE2
£605K01/210.49 mi33a, Wilson Road, London, Greater London SE5 8PE2
£450K11/200.51 mi18, Wilson Road, London, Greater London SE5 8PB2
£487.5K03/210.52 mi62, Hinton Road, London, Greater London SE24 0HU2
£475K10/200.52 mi68a, Hinton Road, London, Greater London SE24 0HU2
£285K02/210.52 miFlat 86, Kemble House, Barrington Road, London, Greater London SW9 7EF2
£525K11/220.53 mi94, Herne Hill Road, London, Greater London SE24 0AN2
£649K03/210.54 mi28a, Loughborough Road, London, Greater London SW9 7SB2
£600K06/230.54 mi24a, Dagmar Road, London, Greater London SE5 8NZ2
£433K07/210.55 mi5, Salisbury Place, London, Greater London SW9 6UW2
£382.5K10/230.55 mi30, Salisbury Place, London, Greater London SW9 6UW2
£612K09/210.55 mi1, Graces Road, London, Greater London SE5 8PF2
£570K06/210.55 mi77a, Graces Road, London, Greater London SE5 8PF2
£365K03/230.56 miFlat 19, Cameron House, Comber Grove, London, Greater London SE5 0UJ2
£380K04/230.57 miFlat 8, Dekker House, Elmington Estate, London, Greater London SE5 7QR2
£410K02/210.58 mi41, Hopewell Yard, London, Greater London SE5 7QS2
£445K03/210.58 mi28, Hopewell Yard, London, Greater London SE5 7QS2
£500K11/200.59 mi154, Herne Hill Road, London, Greater London SE24 0AH2
£550K07/230.59 mi158, Herne Hill Road, London, Greater London SE24 0AH2
£385K06/230.59 miFlat 42, Rutland Court, Denmark Hill, London, Greater London SE5 8ED2
£360K06/230.59 miFlat 55, Rutland Court, Denmark Hill, London, Greater London SE5 8ED2
£347K06/210.6 miFlat 77, Fearnley House, Vestry Road, London, Greater London SE5 8JR2
£590K03/210.61 mi104e, Vassall Road, London, Greater London SW9 6JA2
£630K05/210.62 mi23a, Heron Road, London, Greater London SE24 0HZ2
£190K12/200.63 miFlat 66, Masterman House, Elmington Estate, London, Greater London SE5 7HX2
£397.5K02/210.66 miFirst Floor Flat, 291, Shakespeare Road, London, Greater London SE24 0QD2
£319.5K03/230.66 miFlat 61, Swinburne Court, Basingdon Way, London, Greater London SE5 8ER2
£695K06/210.66 mi199d, Camberwell Grove, London, Greater London SE5 8JU2

Local Rents

49 rents from £1.6K/mo to £6.8K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£1,95001/250 mi-2
£2,00012/240.05 miDenmark Mansions, Coldharbour Lane, SE5 9PX2
£3,35012/240.07 mi-2
£2,50003/250.07 mi-2
£2,50003/250.09 mi-2
£2,50003/250.1 mi-2
£1,85002/250.1 mi-2
£1,85012/240.11 mi-2
£1,55008/240.11 miLowth Road Camberwell SE52
£2,30008/240.14 mi-2
£2,28012/240.16 mi-2
£2,20012/240.16 miValmar Road, Camberwell, London, SE52
£2,69012/240.17 mi-2
£2,90001/250.17 mi-2
£2,90001/250.17 mi-2
£2,90003/250.17 mi-2
£2,40002/250.18 mi-2
£1,85002/250.2 mi-2
£2,00008/240.21 miVaughan Road, Camberwell, SE52
£1,90012/240.22 miSouthwell Road,2
£2,60008/240.23 miDenmark Road, London SE52
£2,60012/240.23 mi-2
£2,20003/250.23 mi-2
£2,75012/240.24 miPaulet Road, London, SE52
£2,30012/240.24 mi-2
£2,10012/240.25 mi-2
£2,45012/240.25 miFlaxman Road Camberwell SE52
£2,15408/240.25 mi-2
£2,15408/240.25 miLuxor Street, London, SE52
£2,30012/240.25 miMcdowall Road, London2
£1,80012/240.25 miAllendale Close, London, SE52
£2,30008/240.26 miFlaxman Road, Camberwell, SE52
£2,35012/240.26 mi-2
£2,05012/240.26 miFlaxman Road, SE52
£2,10012/240.26 mi-2
£2,30003/250.26 mi-2
£2,05002/250.26 mi-2
£2,60012/240.28 mi-2
£1,95012/240.28 mi-2
£2,40008/240.29 mi-2
£1,99808/240.29 miPenford Street, SE52
£1,95003/250.3 mi-2
£1,90004/250.31 mi-2
£1,89012/240.31 mi-2
£2,10012/240.32 mi-2
£2,10003/250.32 mi-2
£2,30008/240.32 mi-2
£2,30008/240.32 miCamberwell Passage, London, SE52
£6,80002/240.32 mi-2

Local Area Statistics

Population in SE5

46,209

Population in London

4,771,921

Town centre distance

4 miles away

Nearest school

0.10 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £395,000

March 7, 2025

Floor Plans

Description

  • Two patio gardens +
  • Outdoor space +
  • Well locate +
  • Long Lease +
  • Chain Free +

**Offers Invited! **This 665 sqft, two-bedroom ground-floor apartment in a purpose-built block on Denmark Road, Camberwell, offers a fantastic opportunity for first-time buyers seeking a project. The property requires modernization, but its layout offers great potential, with private patio gardens at both the front and rear. Key Features:

  • Spacious Living Room: (3.95m x 3.36m) – Bright, with direct access to the front garden, perfect for relaxing and entertaining.
  • Separate Kitchen: (3.05m x 2.75m) – Good-sized with fitted units and access to the rear garden.
  • Two Double Bedrooms: Bedroom 1 (3.63m x 3.52m), Bedroom 2 (4.00m x 2.60m), both with built-in storage.
  • Bathroom: With a three-piece suite and hallway storage.
  • Patio Gardens: Front and rear gardens, ideal for outdoor living and bike storage. Location & Transport Links:
    Situated just a short walk from Loughborough Junction station (connections to King’s Cross and Thameslink), and nearby Coldharbour Lane and Camberwell offer bus links to Oval, Elephant & Castle, and major train stations. Local Amenities:
    Enjoy Camberwell’s eclectic range of delis, café bars, restaurants, a library, and the Saturday farmers' market on Camberwell Green. Chain Free and Full Renovation Required
    A fantastic opportunity to put your own stamp on a property in a desirable location.

Agent Details

Century 21 London Central, Westminster

020 3869 5751

Next Steps?

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