2-bedroom house · SE15 3JB
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Guide Price £365,000 to £380,000** A well-presented two double bedroom ground floor ex-local authority flat, ideally situated within an attractive red-brick development, directly opposite the open spaces of Peckham Rye Common.
Measuring over 600 sq ft, the property offers generous and well-proportioned accommodation throughout.
The flat comprises two good-sized double bedrooms, a newly renovated bathroom, a fitted kitchen and a particularly spacious reception room, which benefits from pleasant views over the communal gardens.
The property provides an excellent opportunity for a buyer looking for a larger-than-average two-bedroom apartment in a sought-after South East London location, with the added benefit of being on the ground floor.
The surrounding Peckham Rye and Nunhead area has become increasingly popular, offering an excellent selection of independent restaurants, boutique shops, cafés, trendy bars and local nightlife.
The area is particularly well regarded for its relaxed community atmosphere, green open spaces and popular bistro-style pubs.
Peckham Rye Common is directly opposite, providing a fantastic amenity for outdoor recreation, walks and leisure.
The location is popular with first-time buyers, families and investors alike, thanks to the combination of spacious properties, excellent local amenities and convenient transport connections.
The property is situated within Rother House, an attractive brick-built ex-local authority development.
Peckham Rye Station is approximately a mile away, providing Zone 2 rail connections towards London Bridge, Victoria and Highbury & Islington.
There are also numerous bus services within close proximity, offering further convenient links across South East and Central London.
Tenure - Leasehold Lease Length - 125 years from 29 September 2003 Service Charge - £1,512.02 pa Ground Rent - £10 pa Council Tax Band - B Energy Performance Rating - D
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flat 26, Rother House,, Peckham Rye, London
Explore nearby