2-bedroom flat · SE15 4AA
For saleReduced £10k (−2.4%) on 16 SepListed 246 days
Opportunity summary
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About
Situated on one of the most desirable streets in Peckham Rye, this ground floor apartment features two bedrooms and encompasses over 600 square feet of living space Situated on one of the most desirable streets in Peckham Rye, this ground floor apartment features two bedrooms and encompasses over 600 square feet of living space.
The property is generously proportioned and bathed in natural light, presented in excellent condition throughout, and comes with the added advantage of no onward chain.
Inside, the apartment offers a spacious open-plan living and kitchen area, ideal for both relaxation and entertaining.
There are two double bedrooms, one of which includes an en-suite bathroom, while the other is served by a well-appointed family bathroom.
This gated development provides the convenience of allocated parking and is located close to Bellenden Road, Peckham Rye train station, Rye Lane, and the scenic Peckham Rye Park.
This prime location ensures easy access to a variety of local amenities, transport links, and recreational facilities.
Information and services Tenure: Leasehold (101 years from 2025) Ground Rent: £300 per annum Service Charge: £1500 per annum EPC: C Council Tax Band: B local authorities: London Borough of Southwark Services: Mains water and electricity.
Fixtures & Fittings: Curtains, fixtures and fittings not mentioned in these particulars are not included. Various items may be available by separate negotiation.
Viewing: By appointment via Truepenny’s. Truepenny’s Property Consultants Ltd.
For themselves and for the owner of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the Landlord or Truepenny’s Property Consultants Ltd., (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending tenant must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the landlord does not make or give either Truepenny’s Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 1, 104,, Choumert Road, Peckham
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