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Ondine Road, Peckham Rye, London, SE15

London

£900,000
Listed on 15/01/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1512 sqft

Description

A unique opportunity to acquire a substantial four-bedroom period property situated in a prime location within Peckham Rye. Currently offered in an unmodernised state, this home provides the perfect backdrop for potential buyers to design and develop their ideal family residence. Spread across three levels, the layout encompasses two spacious reception areas, a kitchen, four comfortably sized bedrooms, and a family bathroom. The property features a generous rear garden and offers multiple flexible spaces that are ripe for renovation. There is ample opportunity for expansion and reconfiguration (subject to obtaining the necessary planning permissions), which could include options such as a rear kitchen extension, loft conversion, or internal redesigns — all aimed at enhancing both living space and property value. Perfectly suited for families, this location is in proximity to several highly regarded schools including The Belham Primary School and Harris Primary Academy East Dulwich. Additionally, Peckham Rye Park is conveniently nearby, providing vast green spaces along with playgrounds and sports facilities. Transport links are exceptional with East Dulwich, Peckham Rye, and Nunhead stations close by, facilitating quick access to key locations such as London Bridge and Victoria. The vibrant local retail scene on Bellenden Road and Lordship Lane adds to the appeal of this thriving community. This property represents an exciting chance to invest in a thriving SE15 neighborhood while personalising a home to reflect your style.

Investment Analysis

(SE15 area)

Below Market Value

This property is priced -13.0% below area average per sq ft

-13.0%
Potential saving
This Property
£595/sq ft
Area Average
£684/sq ft
Avg Rent (weekly)
£485
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,137,961
10% above area average per sq ft
Potential ROI
+11.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SE15)

Area prices are rising by +6.1% over the last 12 months
3 year growth: +0.2%
5 year growth: +4.1%
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

Ondine Road, Peckham Rye, London, SE15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,246
Based on a loan of £675,000 over 30 years at 4.06% 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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