2-bedroom flat · SE15 5GQ
For saleReduced £25k (−6.3%) on 21 JulListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market chain free, the property allows for a potentially smooth and straightforward purchase.
A well-proportioned and bright two-bedroom apartment situated within the popular Markdale House development in the heart of Peckham.
The apartment benefits from a practical floor plan with clearly separated living area, while the larger bedroom comfortably accommodates additional furniture or a home-working space.
Offering approximately 672 sq ft of internal accommodation, the property comprises a generous reception room, a separate fitted kitchen, two double bedrooms, a family bathroom, and useful built-in storage cupboards off the entrance hall.
The layout provides excellent natural light throughout and offers an ideal opportunity for first-time buyers, professional couples, or investors alike.
Commercial Way is ideally positioned within easy reach of Peckham's vibrant selection of independent cafés, restaurants, bars and local amenities.
Nearby green spaces include Peckham Rye Park, while the ongoing regeneration of the area continues to make SE15 one of South London's most sought-after neighbourhood The property is conveniently located for a number of transport connections: Peckham Rye Station –providing services to London Bridge, Victoria, Blackfriars and Clapham Junction.
Numerous bus routes operate nearby along Commercial Way and Peckham High Street, providing convenient access to the City, Canary Wharf, Elephant & Castle and the West End.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 8, Markdale House, Commercial Way, London
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