3 Bed Flat, Refurb/BRRR, London, SE5 0XH, £350,000

John Ruskin Street, Oval, SE5 0XH - 5 views - 10 days ago

Leasehold

Cash

Refurb/BRRR

~93 m²

+6 photos

ValuationFair Value

Sold Prices	£302.3K - £910K
Sold Prices/m²	£3.7K/m² - £11K/m²

Square Metres	~93 m²
Price/m²	£3.8K/m²
Value Estimate	£353,500£353,500

End Value (After Refurb)	£721,823£721,823
Uplift in Value	+106%+106%
You could potentially get back more cash than you put into this deal. All your cash out plus £107,467 extra. See the breakdown

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£87,500£87,500
Stamp Duty & Legal Fees	£23,700£23,700
Refurb Costs	£49,263£49,263
Bridging Loan Interest	£9,188£9,188
Total Cash In	£171,400£171,400

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£721,823£721,823
Agent Fees (1%)	£7,218£7,218
Bridging Loan	£262,500£262,500
Bridging Loan Interest	£9,188£9,188
Flip Profit	£280,704£280,704

Local Sold Prices

50 sold prices from £302.3K to £910K, average is £462.5K. £3.7K/m² to £11K/m², average is £6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£313K	03/21	0.01 mi	Flat 129, Aberfeldy House, John Ruskin Street, London, Greater London SE5 0XJ	-	-	3	Flat
£365K	03/21	0.04 mi	20, Glenfinlas Way, London, Greater London SE5 0PW	£3,883	94	3	Flat
£372.5K	09/21	0.11 mi	Flat 45, Hanworth House, John Ruskin Street, London, Greater London SE5 0XF	-	-	3	Flat
£487K	10/20	0.14 mi	23, Andrews Walk, London, Greater London SE17 3JQ	£5,798	84	3	Flat
£430K	01/23	0.2 mi	24, Maddock Way, London, Greater London SE17 3NH	£5,545	78	3	Flat
£418K	02/23	0.2 mi	32, Maddock Way, London, Greater London SE17 3NH	£4,400	95	3	Flat
£307.5K	05/21	0.21 mi	94, Wyndham Road, London, Greater London SE5 0UB	£4,100	75	3	Flat
£535K	06/21	0.24 mi	23, Councillor Street, London, Greater London SE5 0LY	-	-	3	Flat
£375K	10/20	0.24 mi	236, Olney Road, London, Greater London SE17 3HU	£4,903	76	3	Flat
£400K	03/21	0.24 mi	265, Olney Road, London, Greater London SE17 3HS	£6,061	66	3	Flat
£380K	08/21	0.25 mi	Flat 25, Morton House, Brandon Estate, London, Greater London SE17 3NW	-	-	3	Flat
£422K	12/20	0.25 mi	Flat 9, Dighton Court, John Ruskin Street, London, Greater London SE5 0PR	-	-	3	Flat
£432K	06/23	0.25 mi	Flat 25, Dighton Court, John Ruskin Street, London, Greater London SE5 0PR	-	-	3	Flat
£593.6K	12/20	0.3 mi	Ground And First Floor Flat, 29, Fitzpatrick Road, London, Greater London SW9 7AZ	-	-	3	Flat
£440K	07/23	0.3 mi	64, Forsyth Gardens, London, Greater London SE17 3NE	£5,789	76	3	Flat
£495K	12/20	0.32 mi	Flat 36, Conant House, St Agnes Place, London, Greater London SE11 4AY	-	-	3	Flat
£500K	10/20	0.32 mi	164, Olney Road, London, Greater London SE17 3HR	£5,952	84	3	Flat
£380K	04/21	0.32 mi	196, Olney Road, London, Greater London SE17 3HR	£4,130	92	3	Flat
£710K	12/20	0.33 mi	Flat 32, Calais Gate, Cormont Road, London, Greater London SE5 9RQ	-	-	3	Flat
£695K	06/21	0.33 mi	34b, Urlwin Street, London, Greater London SE5 0NF	£8,688	80	3	Flat
£630K	10/20	0.35 mi	83a, Lorrimore Road, London, Greater London SE17 3LZ	£7,975	79	3	Flat
£424.2K	06/23	0.37 mi	37, Lorrimore Square, London, Greater London SE17 3QU	£6,238	68	3	Flat
£910K	01/23	0.39 mi	2, Carre Mews, London, Greater London SE5 9LS	£9,950	91	3	Flat
£537.5K	06/21	0.4 mi	119, Brixton Road, London, Greater London SW9 6ED	-	-	3	Flat
£683K	03/21	0.44 mi	84, Carter Street, London, Greater London SE17 3EW	£8,432	81	3	Flat
£550K	06/21	0.44 mi	94a, Carter Street, London, Greater London SE17 3EW	£7,971	69	3	Flat
£563.3K	10/20	0.45 mi	Ground Floor Flat, 16, South Island Place, London, Greater London SW9 0DX	£9,882	57	3	Flat
£445K	11/20	0.46 mi	120, Penrose Street, London, Greater London SE17 3ED	£6,846	65	3	Flat
£465K	06/21	0.52 mi	Flat 108, Penrose House, Penrose Street, London, Greater London SE17 3EA	-	-	3	Flat
£460K	11/20	0.52 mi	Flat 109, Penrose House, Penrose Street, London, Greater London SE17 3EA	-	-	3	Flat
£405K	05/23	0.52 mi	Flat 92, Penrose House, Penrose Street, London, Greater London SE17 3EA	-	-	3	Flat
£525K	06/23	0.52 mi	7, Pasley Close, London, Greater London SE17 3JY	£6,563	80	3	Flat
£560K	03/21	0.53 mi	10, Cranworth Gardens, London, Greater London SW9 0NS	-	-	3	Flat
£302.3K	07/21	0.53 mi	8, Gateway, London, Greater London SE17 3HQ	£3,731	81	3	Flat
£470.3K	03/21	0.55 mi	8, Borrett Close, London, Greater London SE17 3JF	£5,405	87	3	Flat
£470K	01/23	0.55 mi	6, Borrett Close, London, Greater London SE17 3JF	£5,402	87	3	Flat
£480K	03/21	0.56 mi	32, Marsland Close, London, Greater London SE17 3JW	£6,234	77	3	Flat
£680K	06/21	0.56 mi	54, Ambergate Street, London, Greater London SE17 3RX	-	-	3	Flat
£750K	06/21	0.58 mi	93, Alberta Street, London, Greater London SE17 3RU	£11,029	68	3	Flat
£400K	12/20	0.61 mi	Flat 10, Hood House, Elmington Estate, London, Greater London SE5 7QN	£5,479	73	3	Flat
£415K	09/21	0.62 mi	Flat 59, St. Peters House, Queens Row, London, Greater London SE17 2PU	-	-	3	Flat
£690K	07/23	0.63 mi	Basement And Ground Floor Flat, 361, Kennington Road, London, Greater London SE11 4QE	-	-	3	Flat
£352K	03/21	0.64 mi	Flat 13, Harry Hinkins House, Walworth Place, London, Greater London SE17 2TH	-	-	3	Flat
£361K	12/20	0.65 mi	Flat 12, James Stroud House, Walworth Place, London, Greater London SE17 2TQ	-	-	3	Flat
£350K	02/21	0.65 mi	Flat 10, James Stroud House, Walworth Place, London, Greater London SE17 2TQ	-	-	3	Flat
£480K	01/23	0.69 mi	7, Aveline Street, London, Greater London SE11 5DJ	£6,246	77	3	Flat
£498.4K	09/21	0.7 mi	Flat 5, Harleyford Court, Harleyford Road, London, Greater London SE11 5BG	-	-	3	Flat
£500K	02/21	0.71 mi	Flat 3, Portia Court, Opal Street, London, Greater London SE11 4SA	-	-	3	Flat
£400K	06/23	0.72 mi	Flat 56, Lulworth House, Dorset Road, London, Greater London SW8 1DR	-	-	3	Flat
£392K	04/23	0.72 mi	Flat 8, Goston Gate, Hampson Way, London, Greater London SW8 1HZ	-	-	3	Flat

Local Rents

50 rents from £2K/mo to £4.8K/mo, average is £2.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,895	01/25	0.07 mi	-	3	Flat
£3,300	03/25	0.08 mi	-	3	Flat
£2,400	08/24	0.1 mi	Prescott House, Hillingdon Street, Oval	3	Flat
£2,700	12/24	0.11 mi	Hanworth House, John Ruskin Street, Oval, London, SE5	3	Flat
£2,700	12/24	0.11 mi	John Ruskin Street, Oval, SE5	3	Flat
£2,700	12/24	0.14 mi	John Ruskin Street, London, SE5	3	Flat
£2,250	10/24	0.17 mi	-	3	Flat
£2,496	08/24	0.17 mi	Hillingdon Street, Kennington, SE17	3	Flat
£3,000	08/24	0.19 mi	Brandon Estate, London	3	Flat
£3,299	12/24	0.2 mi	-	3	Flat
£3,360	12/24	0.22 mi	-	3	Terraced House
£2,550	08/24	0.22 mi	-	3	Flat
£2,550	08/24	0.22 mi	Cooks Road, London, SE17	3	Flat
£3,200	02/25	0.22 mi	-	3	Terraced House
£3,200	08/24	0.23 mi	Bethwin Road, Camberwell, London, SE5	3	Flat
£2,000	02/24	0.25 mi	-	3	Flat
£3,000	12/24	0.25 mi	John Ruskin Street Camberwell SE5	3	Flat
£3,500	08/24	0.26 mi	-	3	House
£3,000	12/24	0.26 mi	Dighton Court, John Ruskin Street, London, SE5	3	Flat
£2,700	12/24	0.27 mi	-	3	Flat
£2,850	09/24	0.28 mi	-	3	Flat
£2,750	08/24	0.29 mi	-	3	Flat
£2,900	08/24	0.29 mi	-	3	Flat
£2,750	08/24	0.29 mi	Forsyth Gardens, London, SE17	3	Flat
£2,750	08/24	0.31 mi	Forsyth Gardens, Tower Bridge, SE17	3	Flat
£3,163	08/24	0.32 mi	St. Agnes Place, London, SE11	3	Flat
£2,600	08/24	0.32 mi	St Agnes Place SE11	3	Flat
£3,000	08/24	0.32 mi	John Ruskin Street, London SE5	3	Detached House
£3,300	08/24	0.34 mi	Lorrimore Road, London, SE17	3	Flat
£2,500	12/24	0.35 mi	-	3	Flat
£2,500	09/24	0.35 mi	-	3	Flat
£2,600	12/24	0.36 mi	-	3	Flat
£2,300	09/24	0.36 mi	-	3	Flat
£2,396	08/24	0.36 mi	Lorrimore Square, London, SE17	3	Flat
£2,325	03/25	0.37 mi	-	3	Flat
£2,950	03/25	0.37 mi	-	3	Flat
£3,090	09/24	0.38 mi	-	3	Flat
£2,300	01/25	0.4 mi	-	3	Flat
£2,200	12/24	0.41 mi	-	3	Flat
£2,600	08/24	0.42 mi	Kennington Oval, Oval, London, SE11	3	Flat
£2,750	08/24	0.42 mi	Grosvenor Terrace, London	3	Flat
£3,250	08/24	0.43 mi	Carter Street, Kennington, London, SE17	3	Flat
£3,250	09/24	0.43 mi	Crewdson Road, Oval	3	Flat
£3,146	09/24	0.43 mi	Crewdson Road, Oval	3	Flat
£2,399	01/25	0.44 mi	-	3	Flat
£2,699	01/25	0.44 mi	-	3	Flat
£4,750	09/24	0.45 mi	-	3	Terraced House
£2,999	12/24	0.45 mi	-	3	Flat
£2,999	12/24	0.45 mi	-	3	Flat
£3,349	01/25	0.45 mi	-	3	Flat

Local Area Statistics

Population in SE5	46,20946,209
Population in London	4,771,9214,771,921
Town centre distance	3.34 miles away3.34 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.43 miles away0.43 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-1%-1%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £350,000

March 25, 2025

Floor Plans

Description

Cash Buyers Only +
Three Double Bedrooms +
Private Balcony +
Leasehold +
Council Tax Band B - Southwark +
EPC Rating - +
Great Transport Links +
Split Level Apartment +

Cash Buyers Only - This is a great opportunity for Buy to Let Landlords. Situated on the corner of John Ruskin Street and Camberwell New Road, the property boasts three evenly sized double bedrooms, a massive lounge with a separate kitchen and private balcony. There's an abundance of built-in storage throughout. The apartment is in need of modernisation which is mostly cosmetic. The area offers fantastic local amenities including shops, restaurants and bars all within walking distance via Camberwell Green and Walworth Road. Oval Station is less than a ten minute walk away and a host of bus options to the city make commuting into central easy and accessible any time of the day. You also benefit from the green open spaces of Kennington Park just opposite and Burgess Park within walking distance. We recommend using the OFCOM checker for Mobile and Internet services available in the area,

Agent Details

Davis & Gibbs Ltd, Oval

020 3866 6822

Next Steps?

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

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