2-bedroom flat · SE14 5BW
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented apartment is on the second floor and has a spacious reception room with a door that leads out onto the rear (east) facing balcony.
The open-plan kitchen area features sleek, cream-coloured units and integrated appliances.
There is a generously-sized main bedroom, with fitted wardrobe, plus a second, comfortable, double bedroom and a simple yet stylish bathroom.
A large, built-in storage/utility cupboard has been provided in the entrance hallway and modern insulation standards combined with gas central heating make for a good energy-efficiency rating.
Megan Court is set back from the road and has a communal courtyard and a cycle store accessed from the ground-floor lobby.
The development is located only a short walk from Queens Road Peckham Station, for London Overground trains plus Southern services between East Croydon/Beckenham Junction and London Bridge.
Tenure: Leasehold (125 years from 01/07/2017). Service Charge: £97.40 per month (subject to annual review). Ground Rent: £250.00 for the year. Council Tax: Band C, London Borough of Lewisham.
Please Note: This property is currently part-owned by Clarion Housing Association but is offered as a 100% open-market sale. Upon completion, the full leasehold title would transfer to the buyer.
This property is offered for sale in the condition seen. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not.
If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
Pets may be permitted but only with prior consent from Clarion (which can only be obtained once you are the property owner). There is no parking space offered with this property. Reception 25' 5" max.
X 16' 0" max. (7.74m x 4.88m) Kitchen Included in reception measurement Bedroom 1 14' 10" x 10' 7" (4.52m x 3.23m) Bedroom 2 13' 4" x 10' 6" (4.06m x 3.20m)
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
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FAQ
About Flat Fifteen, Megan Court, London
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