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2 bed flat for sale

£335,000 Offers in region of

Friary Estate, London SE15

2 bed flat for sale 2 1 1
Interested in this property? Call +44 20 8128 9293 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Service charge (For Leasehold tenure): £1100 per year.
Ground rent (For Leasehold tenure): £100 per year.

Welcome to your dream investment opportunity! Nestled in the heart of Peckham, this remarkable ground floor flat is ready to steal your heart and elevate your property portfolio. With its prime location just off Old Kent Road, you'll find yourself surrounded by an abundance of amenities and convenient access to Central London, thanks to the plethora of bus stops within arm's reach.

Boasting two generously sized double rooms, this flat offers ample space for comfortable living or potentially attracting high rental yields. The large living room is perfect for relaxation and entertainment, while the spacious independent kitchen provides the ideal setting for culinary creativity. Whether you're looking to create a cozy home or an attractive rental property, this flat presents a fantastic canvas for your vision.

Nestled within a peaceful Peckham Estate, you'll enjoy a serene environment away from the hustle and bustle of city life. Embrace the tranquility and savor the perfect balance between urban convenience and suburban charm. With the added advantage of being on the ground floor, accessibility and ease of movement are at your fingertips.

With a lease boasting an impressive 106 years remaining, this property guarantees long-term stability for your investment. Furthermore, the council tax band B ensures affordable monthly payments, currently set at a mere £103 per month, making it an attractive proposition for both homeowners and investors.

Speaking of investors, this flat represents an outstanding buy-to-let opportunity. Being situated in a highly sought-after rental area, it has the potential to attract tenants swiftly, ensuring a healthy return on your investment. Don't miss out on the chance to secure your financial future with this gem of a property.

With vacant possession, this flat is ready for you to make your mark and transform it into a beautiful home or a lucrative income-generating asset. Don't wait any longer – seize this golden opportunity to acquire a property that ticks all the boxes: Location, space, convenience, and potential. The clock is ticking, so act now and make this remarkable ground floor flat yours today!

Property info

Floorplan(s): Floor Plan

Floor Plan View original

Property value data/graphs for SE15

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £775,859 £609 3.3 £975,000
Semi-detached £734,760 £633 3.4 £1,207,916
Terraced £751,206 £601 3.0 £860,812
Flats £434,709 £575 1.9 £416,691

Current asking prices in SE15

Average: £608,019
Avg. current asking prices in SE15
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £467,500
(6)
£808,333
(6)
£883,478
(50)
£1,388,000
(15)
£1,542,188
(16)
Flats £346,880
(93)
£477,706
(123)
£550,718
(25)
£421,429
(7)
£995,000
(1)
All £354,191
(99)
£493,084
(129)
£772,558
(75)
£1,080,455
(22)
£1,510,000
(17)

Current asking rents in SE15

Average: £2,450 pcm
Avg. current asking prices in SE15
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,014 pcm
(3)
£2,024 pcm
(8)
£3,075 pcm
(8)
£4,221 pcm
(7)
£4,749 pcm
(10)
Flats £1,613 pcm
(34)
£2,035 pcm
(31)
£2,634 pcm
(6)
- -
All £1,565 pcm
(37)
£2,033 pcm
(39)
£2,886 pcm
(14)
£4,221 pcm
(7)
£4,749 pcm
(10)

Fun facts for SE15

Highest value in SE15
Highest value streets Zed-Index
Holly Grove £1,135,558
Relf Road £863,585
Quantock Mews £824,899
Nutbrook Street £819,741
Glenton Mews £808,959
Highest turnover in SE15
Highest turnover streets Turnover
Highshore Road 43.5%
Cardine Mews 41.7%
East Dulwich Road 33.3%
Somerton Road 28.0%
Machell Road 28.0%
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For more information about this property, please contact
1st Choice Estates Ltd, SE5 on +44 20 8128 9293 * (local rate)

Monthly running costs Beta

£1,468 Monthly total

Mortgage

Purchase price
Deposit (10%) 33,500
Repayment term 25
Interest rate 2.0
Your payment £1,277 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Contents value up to £100,000 Average insurance cost £16/mo (£195/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £26 Electricity £39 Estimated energy cost £65/mo

Similar properties could save up to £177

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 9500 kWh/year
Electricity: 2800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Southwark

Estimated tax band A Council tax cost £84 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £13 Sewerage £13 Estimated water cost £26 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact 1st Choice Estates Ltd about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by 1st Choice Estates Ltd, and do not constitute property particulars. Please contact 1st Choice Estates Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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