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See how verdicts work3-bedroom terraced house · SE14 5EN
For saleListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Delightful three bedroom Victorian terrace with a huge basement (fab for storage) and a mature and sunny south-facing garden.
Pleasingly, your new home has been carefully-maintained throughout its current ownership, and you have double-glazed windows throughout. You will note you are close to good schools and travel links.
Chain free.
Find your new home on a quiet and tree-lined residential street in New Cross’s desirable Hatcham Conservation Area, just a couple of minutes from Hatcham Primary School (3-11), and 10-12 minutes from both New Cross Gate and Queens Road Peckham stations (Fare Zone 2 and on the London Overground network).
Car parking is currently unrestricted on Edric Road and surrounding ones, and a large bike hangar has recently been installed mid-way down the street.
Neat metal railings and a gate provide great kerb appeal. A small front garden with a traditional tiled path sets you back from the pavement.
From the hall, stairs lead up ahead, and your double-reception room rests to your right, with parquet flooring in herringbone pattern.
The room extends over 22 feet, and a beautiful fireplace, bay window and ornate ceiling roses feature and impress.
At the foot of the hall you have a door on your left which leads to the generous basement, a whopper! Of circa 32 square metres. Such a great asset for these houses: no storage woes for you!
Straight ahead is your double-aspect kitchen/diner, with quarry tiles to the floor, and extending over 19 feet. Sliding double-glazed doors deliver you out to the garden.
Facing due south you get loads of sun out here, all the day through. Up the stairs and from the half-landing, a double-aspect double bedroom is up ahead, with garden views.
It is over 15 feet by over 9 feet. Next door is the property’s windowed shower room, with modern-style sanitaryware and large profile wall tiles.
Up to the landing proper and your principal bedroom sits across the front of the house. It is 15 feet by nearly 11 feet, with two windows onto pretty street vistas.
Adjacent is your third and final bedroom, of over 9 feet by over 11 feet. A bit about the area: Hatcham CA is a quiet tucked-away residential pocket of south London.
From 1614, the land was owned by the Worshipful Company of Haberdashers. When the manor house (‘Hatcham Park’) was demolished circa 1840, terraced homes were permitted to be built.
Rescued from demolition in the seventies, Hatcham Conservation Area was designated by Lewisham Council in 1990. Your local stations are New Cross Gate and Queens Road Peckham.
Both are a 12 minute walk, Fare Zone 2, and on the Overground network. Bus travel is easy from here, too. The no. 21 delivers you to London Bridge, and the 453 to Trafalgar Square.
The new BL1 will whisk you up to Waterloo. And you can easily connect with tube travel at London Bridge or Elephant & Castle.
Local parks include Telegraph Hill (Upper and Lower, with Saturday Farmers’ Market, or hop on a bus down to Brockley Market held on Saturdays, 10am-2pm), Southwark and Fordham Parks.
There are also two little neighbourhood parks: Eckington Gardens and Bridgehouse Meadows. Besson Street Community Garden is a lovely local asset as well.
Local eateries, drinkeries and cafes of note include Corner (cafe/bar), The Old Library (bar plus music studios/live music venue), The Rose Inn, Cup.PhoBun and The Earl of Derby.
A couple of community saunas are also a short walk away: Old Kent Road Sauna and Innervisions Alchemy/Bermondsey Sauna & Cold Plunge.
Nip down to neighbouring SE15 for more options, including Peckham Bazaar, Ganapati, The Begging Bowl, Forza Wine, Hausu, Artusi, Levan, Peckham Levels, and Il Giardino.
There are also lots of private gyms and the like. Cool Deptford has a top gastronomic and bar offering as well.
We rate Jazu, Watergate (small plates, cocktails, wine), Marcella (modern Italian), Salt (pizza, craft beer) and The Dog & Bell pub to name a few. TOAD bakery has opened a new outlet here, too.
Deptford also has a good theatre: The Albany, and a modern leisure centre with lane pool and sauna/steam rooms, next door to the library.
New Cross is home to Goldsmiths University and a cool contemporary art gallery: Goldsmiths CCA.
Grab your fresh loaves from Eagle Eats or Blackbird Bakery by QRP station, or at Ayres on nearby Nunhead Lane.
While you’re in Nunhead, check out such delights as Soper’s (wet fish shop), El Vermut and Mother Superior (fancy bottle shops with tables) Goodcup/Goodnights (coffee/cocktails) and Bar D4100 (bar and pizza).
Kids or on the horizon?
Your most local primary is just at the end of the road (in a traditional Victorian school building with a modern architectural treatment by Jestico + Whiles, and which feeds to the secondary school based in New Cross’s Telegraph Hill Conservation Area), Edmund Waller and Kender.
Deptford Green is a second well-regarded local secondary school.
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
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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 Edric Road, New Cross, London
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