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Gowlett Road, Peckham Rye, London, SE15 - Image 1
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Gowlett Road, Peckham Rye, London, SE15 - Image 3
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Gowlett Road, Peckham Rye, London, SE15 - Image 8
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Gowlett Road, Peckham Rye, London, SE15

London

£550,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Flat
Area
843 sqft

Description

This split-level period conversion presents an excellent opportunity for those looking to invest in a property with considerable renovation potential. Spanning over 840 square feet, the space is currently well-maintained but offers ample scope for modernization and reconfiguration to unlock its full potential. The possibility of adding a roof terrace (subject to planning permission) further enhances the appeal for future value appreciation. Inside, the property features a generous reception room measuring 12x12 feet, complete with a charming fireplace and bespoke cabinetry. This room is currently utilized as a bedroom but can easily transform into a cozy living area. Adjacent to it is a separate eat-in kitchen, sized at 12x10 feet, which provides an ideal space for culinary enthusiasts or gatherings with friends and family. The accommodation includes three well-proportioned bedrooms, highlighted by the principal bedroom measuring 14x11 feet, which benefits from significant eaves storage—perfect for maximizing use of space. A modern shower room and a separate WC add to the functionality of this home. Located on Gowlett Road, a picturesque tree-lined street, this property enjoys proximity to vibrant local amenities. Residents will appreciate easy access to the independent shops, cafes, bars, and restaurants found along Bellenden Road, Lordship Lane, and North Cross Road. With several parks and green spaces nearby, outdoor recreational options are plentiful. Transport links are also a strong advantage; both Peckham Rye station (0.7 miles) and East Dulwich station (0.6 miles) offer convenient connections into Central London, while bus and cycling routes provide additional commuting flexibility through neighboring areas such as Dulwich Village and Denmark Hill. This property not only represents an inviting home but also serves as a promising investment opportunity in a sought-after location that continues to evolve positively.

Investment Analysis

(SE15 area)

Below Market Value

This property is priced -4.3% below area average per sq ft

-4.3%
Potential saving
This Property
£652/sq ft
Area Average
£682/sq ft
Avg Rent (weekly)
£484
Avg Yield
4.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£632,140
10% above area average per sq ft
Potential ROI
+9.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SE15)

Area prices are rising by +4.8% over the last 12 months
3 year growth: -1.5%
5 year growth: 2.6%
Investment Disclaimer: Analysis based on SE15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Gowlett Road, Peckham Rye, London, SE15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE