2 Bed Flat, Single Let, London, SE15 6AU, £450,000

Peckham Grove, Peckham, SE15 6AU - a month ago

Leasehold

BTL

ROI: 1%

~68 m²

+11 photos

ValuationUndervalued

Sold Prices	£190K - £705K
Sold Prices/m²	£3.6K/m² - £15.7K/m²

Square Metres	~68.11 m²
Price/m²	£6.6K/m²
Value Estimate	£494,026£494,026
BMV	10%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£112,500£112,500
Stamp Duty & Legal Fees	£36,200£36,200
Total Cash In	£148,700£148,700

Cash Out
Rent Range	£1,500 - £3,600£1,500 - £3,600
Rent Estimate	£1,890
Running Costs/mo	£1,804£1,804
Cashflow/mo	£86£86
Cashflow/yr	£1,029£1,029
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £190K to £705K, average is £428.8K. £3.6K/m² to £15.7K/m², average is £7.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£325K	03/21	0.03 mi	55, Granville Square, London, Greater London SE15 6DX	£6,500	50	2	Flat
£440K	03/21	0.17 mi	Flat B, 163, Elmington Road, London, Greater London SE5 7QZ	£5,946	74	2	Flat
£345K	03/23	0.2 mi	17, Gables Close, London, Greater London SE5 7QF	£6,389	54	2	Flat
£490K	12/20	0.21 mi	12a, St Giles Road, London, Greater London SE5 7RL	£8,033	61	2	Flat
£420K	04/21	0.23 mi	Flat 4, Shannon Court, Garnies Close, London, Greater London SE15 6LJ	-	-	2	Flat
£355K	04/23	0.24 mi	20, Garnies Close, London, Greater London SE15 6HW	£5,462	65	2	Flat
£335K	05/21	0.29 mi	Flat 25, Palm Court, Garnies Close, London, Greater London SE15 6PB	-	-	2	Flat
£390K	04/23	0.32 mi	15c, Southampton Way, London, Greater London SE5 7SW	£6,393	61	2	Flat
£410K	02/21	0.34 mi	41, Hopewell Yard, London, Greater London SE5 7QS	-	-	2	Flat
£445K	03/21	0.34 mi	28, Hopewell Yard, London, Greater London SE5 7QS	-	-	2	Flat
£380K	04/23	0.35 mi	Flat 8, Dekker House, Elmington Estate, London, Greater London SE5 7QR	-	-	2	Flat
£437.5K	01/23	0.39 mi	47, Kelly Avenue, London, Greater London SE15 5LB	-	-	2	Flat
£347K	05/21	0.39 mi	105, Pennack Road, London, Greater London SE15 6DE	£4,566	76	2	Flat
£705K	07/23	0.4 mi	41b, Bushey Hill Road, London, Greater London SE5 8QF	£8,494	83	2	Flat
£444K	01/21	0.43 mi	158, Don Phelan Close, London, Greater London SE5 7DB	£13,704	32	2	Flat
£345K	03/23	0.46 mi	Flat 9, Tern House, Pelican Estate, London, Greater London SE15 5NL	-	-	2	Flat
£600K	06/23	0.46 mi	24a, Dagmar Road, London, Greater London SE5 8NZ	£8,618	70	2	Flat
£515K	12/20	0.48 mi	72, Linnell Road, London, Greater London SE5 8NJ	£8,666	59	2	Flat
£450K	11/20	0.48 mi	18, Wilson Road, London, Greater London SE5 8PB	£9,375	48	2	Flat
£190K	12/20	0.48 mi	Flat 66, Masterman House, Elmington Estate, London, Greater London SE5 7HX	-	-	2	Flat
£450K	01/21	0.49 mi	Flat 9, Bushey Hall, Bushey Hill Road, London, Greater London SE5 8QG	-	-	2	Flat
£665K	06/21	0.51 mi	34c, Wilson Road, London, Greater London SE5 8PE	£8,116	82	2	Flat
£605K	01/21	0.51 mi	33a, Wilson Road, London, Greater London SE5 8PE	£7,337	82	2	Flat
£612K	09/21	0.52 mi	1, Graces Road, London, Greater London SE5 8PF	£15,692	39	2	Flat
£570K	06/21	0.52 mi	77a, Graces Road, London, Greater London SE5 8PF	-	-	2	Flat
£325K	12/21	0.52 mi	66, Latona Road, London, Greater London SE15 6RY	£4,643	70	2	Flat
£347K	06/21	0.53 mi	Flat 77, Fearnley House, Vestry Road, London, Greater London SE5 8JR	-	-	2	Flat
£240K	02/21	0.54 mi	69, Haymerle Road, London, Greater London SE15 6SQ	£3,556	68	2	Flat
£640K	06/21	0.55 mi	9, Portland Street, London, Greater London SE17 2PF	£10,002	64	2	Flat
£567.5K	07/21	0.56 mi	106a, Bushey Hill Road, London, Greater London SE5 8QQ	£7,861	72	2	Flat
£500K	03/23	0.58 mi	119b, Crofton Road, London, Greater London SE5 8LZ	-	-	2	Flat
£558.5K	12/21	0.58 mi	100c, Peckham Hill Street, London, Greater London SE15 5JT	£7,253	77	2	Flat
£226K	12/20	0.59 mi	Flat 3, Ednam House, Friary Estate, London, Greater London SE15 6SE	-	-	2	Flat
£330K	03/23	0.61 mi	Flat 17, St. Johns House, Lytham Street, London, Greater London SE17 2PW	-	-	2	Flat
£325K	12/20	0.62 mi	Flat 44, St. Peters House, Queens Row, London, Greater London SE17 2PU	-	-	2	Flat
£448K	07/23	0.63 mi	Flat 34, Wakefield House, Goldsmith Road, London, Greater London SE15 5ST	-	-	2	Flat
£400K	06/23	0.64 mi	32, Wentworth Crescent, London, Greater London SE15 5UG	£5,052	79	2	Flat
£280K	12/20	0.64 mi	Flat 23, Arnot House, Comber Grove, London, Greater London SE5 0LA	-	-	2	Flat
£280K	12/20	0.64 mi	Flat 23, Arnot House, Comber Grove, London, Greater London SE5 0LA	-	-	2	Flat
£500K	01/21	0.65 mi	Flat 4, Spectrum Place, Lytham Street, London, Greater London SE17 2GP	-	-	2	Flat
£365K	03/23	0.66 mi	Flat 19, Cameron House, Comber Grove, London, Greater London SE5 0UJ	-	-	2	Flat
£335K	12/20	0.68 mi	14b, Marmont Road, London, Greater London SE15 5TE	£7,614	44	2	Flat
£500K	06/21	0.7 mi	16b, Urlwin Street, London, Greater London SE5 0NF	£7,250	69	2	Flat
£338K	03/23	0.7 mi	Flat 21, Mawbey House, Old Kent Road, London, Greater London SE1 5PG	-	-	2	Flat
£475K	10/21	0.7 mi	66, Wooler Street, London, Greater London SE17 2EF	£8,636	55	2	Flat
£445K	03/23	0.7 mi	69a, Friary Road, Peckham, London, Greater London SE15 1QS	£7,177	62	2	Flat
£412.5K	01/23	0.71 mi	135, Linwood Close, Camberwell, London, Greater London SE5 8UY	£6,150	67	2	Flat
£455K	01/21	0.71 mi	117, Linwood Close, London, Greater London SE5 8UY	£5,987	76	2	Flat
£455.5K	12/20	0.71 mi	127, Linwood Close, London, Greater London SE5 8UY	£7,117	64	2	Flat
£420K	02/21	0.71 mi	137, Linwood Close, London, Greater London SE5 8UY	£5,833	72	2	Flat

Local Rents

51 rents from £1.5K/mo to £3.6K/mo, average is £2.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,850	08/24	0 mi	Peckham Grove SE15	2	Flat
£2,900	08/24	0 mi	Peckham Grove, Peckham, SE15	2	Flat
£2,900	08/24	0 mi	Peckham Grove	2	Flat
£1,895	11/24	0.04 mi	-	2	Flat
£1,950	08/24	0.04 mi	Peckham Grove, Peckham, SE15	2	Flat
£2,100	08/24	0.04 mi	Blakes Road, London, SE15	2	Flat
£2,200	08/24	0.05 mi	Peckham Grove London SE15	2	Flat
£2,250	04/25	0.05 mi	-	2	Flat
£1,800	08/24	0.07 mi	Blakes Road Peckham SE15	2	Flat
£2,295	08/24	0.09 mi	-	2	Flat
£2,495	12/24	0.09 mi	-	2	Flat
£1,900	08/24	0.09 mi	Blakes Road, SE15	2	Flat
£2,200	08/24	0.09 mi	Chandler Way Peckham SE15	2	Flat
£2,500	11/24	0.1 mi	-	2	Flat
£2,500	02/25	0.1 mi	-	2	Flat
£2,500	04/25	0.1 mi	-	2	Flat
£3,600	08/24	0.11 mi	Mural House, London, SE5	2	Flat
£3,600	08/24	0.11 mi	-	2	Flat
£1,850	08/24	0.11 mi	Marchwood Close, London, SE5	2	Flat
£1,890	08/24	0.13 mi	-	2	Flat
£1,890	08/24	0.13 mi	Chandler Way, London, SE15	2	Flat
£1,950	02/25	0.14 mi	-	2	Flat
£2,043	02/25	0.14 mi	-	2	Flat
£2,500	08/24	0.15 mi	108 Chandler Way Peckham SE15	2	Flat
£1,900	08/24	0.15 mi	Eddington Court, Peckham, SE15	2	Flat
£1,950	02/24	0.15 mi	-	2	Flat
£1,895	04/25	0.15 mi	-	2	Flat
£1,950	11/24	0.16 mi	-	2	Flat
£1,842	08/24	0.16 mi	Eddington Court, Peckham, London	2	Flat
£2,200	08/24	0.17 mi	Ada Road, London, SE5 7RW	2	Terraced House
£2,100	08/24	0.2 mi	Bibury Close London SE15	2	Flat
£2,200	08/24	0.2 mi	Bibury Close, LONDON	2	Flat
£1,800	02/25	0.2 mi	-	2	Flat
£2,100	08/24	0.2 mi	Calypso Crescent, London, SE15	2	Flat
£2,100	08/24	0.2 mi	-	2	Flat
£2,300	10/24	0.21 mi	-	2	Flat
£2,100	01/25	0.21 mi	-	2	Flat
£2,100	01/25	0.22 mi	-	2	Flat
£1,500	08/24	0.22 mi	Cronin Street, Peckham, London, SE15	2	Flat
£2,200	08/24	0.23 mi	Harris Street, Camberwell, London, SE5	2	Flat
£2,500	08/24	0.23 mi	St Georges Way, Camberwell, London, SE15	2	Flat
£2,150	01/25	0.23 mi	-	2	Flat
£2,000	08/24	0.25 mi	St Giles, Marianne Close, SE5	2	Flat
£2,300	12/24	0.25 mi	-	2	Flat
£2,300	12/24	0.25 mi	-	2	Flat
£2,075	11/24	0.26 mi	-	2	Flat
£2,000	08/24	0.27 mi	-	2	Flat
£2,750	12/24	0.29 mi	Fitton Court, Camberwell, London, SE5	2	Flat
£2,400	12/24	0.3 mi	-	2	Flat
£2,000	11/24	0.3 mi	-	2	Flat
£2,200	02/25	0.3 mi	-	2	Flat

Local Area Statistics

Population in SE15	63,64763,647
Population in London	4,771,9214,771,921
Town centre distance	3.58 miles away3.58 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.78 miles away0.78 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

Listed for £450,000

March 28, 2025

Floor Plans

Description

Big and bright two bed (and two bath) warehouse-style apartment with impressive dimensions, exposed brickwork, huge windows, high ceilings, and oversized doors to boot. The cherry on top is a private designated parking space.

Find your new pad in a smart low-rise residential setting, in a notably quiet spot between Peckham and Camberwell centres, really close to Burgess Park's delightful 56 hectares (lake, cafe, tennis and sports courts here).

There is secure entry to the building, and communal areas are generous and well-maintained. Take the lift or stairs up to the third floor, for your own front door. You open into a neat lobby/hall, with built-in coat/cleaning cupboard to your right.

Left from the front door is your large principal bedroom, which pleasingly hosts an en suite bathroom (with contemporary fittings, large profile wall tiling, and an over-bath shower).

Adjacent is a comfortable double bedroom - of over 11 feet by over 8 feet. Both bedrooms have pale carpets.

Next up is a modern shower room, which doubles as a guest w.c. Both bathrooms were fitted in 2022.

Last but not least is the main event: your spacious open-plan main room - with seating, dining and kitchen spaces. The fitted kitchen (new to 2023) is a sleek modern fitted one, with integrated appliances (which you'll be pleased to hear are included in the sale).

Peckham and Camberwell and their respective stations (Peckham Rye and Denmark Hill) are both a 15-20 minute walk - for Windrush and regular rail services. There are also excellent bus routes on your doorstep and from Peckham Road/Camberwell Church Street, to Elephant & Castle or Oval tube stations and beyond.

For the fitness-focused, there is a very local Puregym on Southampton Way (as well as leisure centres in Peckham and Camberwell). And Burgess Park has a popular parkrun each Saturday at 9am.

Socialising? Both of your local town centres have lots on offer including (in SE15) Bellenden and Choumert Roads, Blenheim Grove and trendiest Rye Lane with rooftop bars, cinema and brilliant restaurants. Examples are Ganapati, Levan, Artusi, The Begging Bowl, Miss Tapas and Mr Bao.

In SE5, we rate The Camberwell Arms, Theo's, Veraison Wines, Little Cellars, Forza Win and The Crooked Well. For easy-reach groceries there is a small Tesco store on Southampton Way. For luxury ones, check out Gladwell's and TOAD bakery in strollable Camberwell.

Agent Details

Munday's, London

020 3909 6611

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Under Offer