2 Bed Flat, Single Let, London, SE15 5SZ, £375,000

211 Goldsmith Road, London, SE15 5SZ - 1 views - 13 days ago

Leasehold
BTL
ROI: 2%
~68 m²
+11 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£5.5K/m²

Value Estimate

£450,821
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£26,200

Total Cash In

£119,950

 

 

Cash Out

 

Rent Range

£1,600 - £3,200

Rent Estimate

£1,688

Running Costs/mo

£1,529

Cashflow/mo

£159

Cashflow/yr

£1,902

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £226K to £780K, average is £428.3K. £3.6K/m² to £14.8K/m², average is £6.6K/m².

PriceDateDistanceAddressBeds 
£448K07/230.06 miFlat 34, Wakefield House, Goldsmith Road, London, Greater London SE15 5ST2
£400K06/230.07 mi32, Wentworth Crescent, London, Greater London SE15 5UG2
£558.5K12/210.07 mi100c, Peckham Hill Street, London, Greater London SE15 5JT2
£335K12/200.09 mi14b, Marmont Road, London, Greater London SE15 5TE2
£377.5K01/210.22 miFirst Floor Flat B, 4, Kincaid Road, London, Greater London SE15 5UN2
£340K10/210.26 mi11a, Raul Road, London, Greater London SE15 5HR2
£445K03/230.27 mi69a, Friary Road, Peckham, London, Greater London SE15 1QS2
£533.5K05/210.28 mi5a, Nutcroft Road, London, Greater London SE15 1AG2
£437.5K01/230.3 mi47, Kelly Avenue, London, Greater London SE15 5LB2
£528.5K04/210.32 mi47a, Naylor Road, London, Greater London SE15 1QJ2
£365K06/230.32 mi89, Naylor Road, London, Greater London SE15 1QJ2
£340K06/230.33 miFlat 5, Montpelier Court, Montpelier Road, London, Greater London SE15 2HA2
£425K01/210.34 mi22, Meeting House Lane, London, Greater London SE15 2UN2
£345K03/230.4 miFlat 9, Tern House, Pelican Estate, London, Greater London SE15 5NL2
£335K05/210.4 miFlat 25, Palm Court, Garnies Close, London, Greater London SE15 6PB2
£347K05/210.43 mi105, Pennack Road, London, Greater London SE15 6DE2
£240K02/210.44 mi69, Haymerle Road, London, Greater London SE15 6SQ2
£226K12/200.45 miFlat 3, Ednam House, Friary Estate, London, Greater London SE15 6SE2
£355K04/230.45 mi20, Garnies Close, London, Greater London SE15 6HW2
£325K12/210.46 mi66, Latona Road, London, Greater London SE15 6RY2
£360K06/210.46 mi97, Bath Close, London, Greater London SE15 2JT2
£365K03/210.46 mi33, Blanch Close, London, Greater London SE15 2LD2
£645K02/210.48 mi133a, Kirkwood Road, London, Greater London SE15 2BG2
£402K03/230.48 mi47, Laburnum Close, London, Greater London SE15 2LJ2
£420K04/210.48 miFlat 4, Shannon Court, Garnies Close, London, Greater London SE15 6LJ2
£478.9K06/230.49 mi31, Clifton Crescent, London, Greater London SE15 2RX2
£430.5K03/210.49 mi22, Clifton Crescent, London, Greater London SE15 2RX2
£705K07/230.51 mi41b, Bushey Hill Road, London, Greater London SE5 8QF2
£450K01/210.53 miFlat 9, Bushey Hall, Bushey Hill Road, London, Greater London SE5 8QG2
£567.5K07/210.55 mi106a, Bushey Hill Road, London, Greater London SE5 8QQ2
£780K11/210.56 mi57a, Choumert Road, London, Greater London SE15 4AR2
£477.5K12/200.58 mi117b, Brayards Road, London, Greater London SE15 2BX2
£500K03/230.59 mi119b, Crofton Road, London, Greater London SE5 8LZ2
£412.5K01/230.59 mi135, Linwood Close, Camberwell, London, Greater London SE5 8UY2
£468K03/230.59 mi127, Linwood Close, Camberwell, London, Greater London SE5 8UY2
£455K01/210.59 mi117, Linwood Close, London, Greater London SE5 8UY2
£455.5K12/200.59 mi127, Linwood Close, London, Greater London SE5 8UY2
£420K02/210.59 mi137, Linwood Close, London, Greater London SE5 8UY2
£780K05/230.63 miFlat 18, Pioneer Centre, Frobisher Place, London, Greater London SE15 2EE2
£750K02/210.63 miFlat 15, Pioneer Centre, Frobisher Place, London, Greater London SE15 2EE2
£340K12/200.63 miFlat 66, Juniper House, Pomeroy Street, London, Greater London SE14 5BY2
£475K01/210.64 mi71, Linwood Close, London, Greater London SE5 8UU2
£607.5K03/210.64 mi14a, Wroxton Road, London, Greater London SE15 2BN2
£325K03/210.64 mi55, Granville Square, London, Greater London SE15 6DX2
£470K06/210.65 mi67, Manaton Close, London, Greater London SE15 3PW2
£426K10/210.66 mi79, Manaton Close, London, Greater London SE15 3PW2
£515K12/200.66 mi72, Linnell Road, London, Greater London SE5 8NJ2
£535K07/230.7 mi30, Kender Street, London, Greater London SE14 5JG2
£345K03/230.7 mi17, Gables Close, London, Greater London SE5 7QF2
£395K02/230.7 mi29a, St Marys Road, London, Greater London SE15 2EA2

Local Rents

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

RentDateDistanceAddressBeds 
£1,85008/240.07 miMission Place, London2
£1,75008/240.09 miMarmont Road London SE152
£1,70008/240.09 miPeckham High Street, London2
£1,80008/240.12 miMarmont Road, Peckham2
£2,10011/240.13 mi-2
£3,20002/250.13 mi-2
£2,00001/250.13 mi-2
£1,90008/240.13 miPeckham High Street London SE152
£1,90008/240.13 miPeckham High Street Peckham SE152
£1,89503/250.14 mi-2
£2,00012/240.14 mi-2
£1,95008/240.15 miGrenard Close, London, SE152
£1,95008/240.15 mi-2
£1,80008/240.17 miFurley Road London SE152
£1,80009/240.18 mi-2
£2,00002/250.18 mi-2
£2,30008/240.19 miASHMORE, Peckham, London, SE152
£2,30008/240.19 miAshmore Close, London SE152
£2,50008/240.19 mi-2
£2,79502/250.2 mi-2
£1,60009/240.2 mi-2
£2,15008/240.2 miFriary Road2
£2,50008/240.21 mi-2
£2,50008/240.21 miAlliance Court, London, SE152
£2,00012/240.22 mi-2
£1,80008/240.22 miPeckham High Street, London2
£2,55003/250.22 mi-2
£2,25009/240.22 mi-2
£1,83010/230.22 miPeckham High Street, SE152
£2,00002/250.23 mi-2
£1,60002/240.23 mi-2
£1,80001/250.23 mi-2
£2,00008/240.23 miCommercial Way SE152
£2,20002/240.23 mi-2
£1,95008/240.23 mi-2
£2,40008/240.23 miQueens Road, Peckham, SE152
£2,00010/240.24 mi-2
£2,50001/250.25 mi-2
£1,90011/240.25 mi-2
£2,10010/240.26 mi-2
£2,10010/240.26 mi-2
£2,10008/240.26 miPeckham Hill Street, London, SE152
£1,95008/240.26 miNutcroft Road, Peckham, SE152
£2,50002/240.27 mi-2
£2,60003/250.27 mi-2
£2,20012/240.27 mi-2
£2,70008/240.29 miWoods Road, Peckham, London, SE152
£2,50008/240.29 miConsort Road Peckham SE152
£1,70008/240.29 miSumner Road, London, SE152
£2,20008/240.29 miJowett Street, London, SE152

Local Area Statistics

Population in SE15

63,647

Population in London

4,771,921

Town centre distance

3.99 miles away

Nearest school

0.10 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £375,000

March 22, 2025

Floor Plans

Description

  • Private balcony +
  • Two double bedrooms +
  • Separate kitchen +
  • Secure development +
  • Good condition throughout +
  • Wood flooring +

An ideal first-time buy, this spacious, two-bedroom apartment is set on the second floor and features its own private balcony.

Upon entering through the secure main entrance with phone entry, you ascend to the second floor, where far-reaching views of London await right from your doorstep.

The apartment boasts wooden block flooring to majority of rooms, beginning in the entrance hall. Immediately to your left is a separate WC, while to your right, the first of two well-proportioned double bedrooms includes built-in storage. Adjacent is the primary double bedroom, which overlooks the peaceful heart of the development, offering a tranquil retreat.

The bright and airy reception room features a charming fireplace and access to a private balcony overlooking the internal courtyard. A convenient additional storage unit is also available.

The galley-style kitchen provides ample storage, while the main bathroom is complete with a bathtub and overhead shower.

While the property is in good order. There is room for improvement making it ideal for first time buyer looking to make their own stamp. It would also make a perfect investment opportunity.

The property is ideally situated near Queens Road, Peckham Rye, and Nunhead, an area rapidly evolving into a local hotspot for both residents and visitors alike (who would've thought Peckham would become a tourist destination!). The neighbourhood is brimming with trendy new restaurants and is well-served by essential shops, including a Sainsbury's and Tesco. Just five minutes from your doorstep are some of the best restaurants South East London has to offer. Kudu, a family-run gem that started on Queens Road, has earned a Michelin Bib Gourmand and expanded to include two local restaurants, a cocktail bar beneath the famous railway arches, and a grill in Nunhead.

After exploring the Kudu collective, there's plenty more to discover. Continue up Queens Road and stop at Beer Rebellion, then head a few doors down to Peckham Cellars-another Michelin Bib Gourmand winner. While these spots are just steps away, the options nearby are endless.

Nunhead, Peckham, and Rye Lane are all within walking distance, home to vibrant venues like Peckham Plex, Peckham Pulse, and Peckham Levels, a creative hub spread across six floors.

Peckham's appeal has long been its abundant green spaces, offering a sense of escape despite its central location. Nearby, Peckham Rye Park is one of London's most charming green spaces, with formal gardens, a café, a pond, and open fields. For more greenery, head to historic Telegraph Hill, where you'll find two parks, tennis courts, and panoramic views of London. The Hill Station café and arts hub on Kitto Road is a local favourite.

Your nearest station, Queens Road Peckham, is located in Zone 2 and features a Blackbird Bakery under the railway arch. The station offers convenient connections via the London Overground, with just two quick stops to London Bridge and The Shard, among many other

Service charge - approx. £2251 PA (2025 - 2026)
Ground rent - £10 PA
Lease length - Approx. 102 years
Council tax band - B - Southwark Council

Agent Details

Gareth James Property, South East London

020 3834 8094

Next Steps?

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