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Avondale Rise, London

London

£450,000
Listed on 24/10/2025

Property Details

Bedrooms
2
Type
Flat
Area
551 sqft

Description

This two-bedroom apartment, located on the first floor of a period conversion on a tranquil residential road in Peckham, presents a compelling renovation opportunity for those looking to invest in a promising area. Spanning approximately 550 square feet, the layout features two double bedrooms, a living room, and a family bathroom, all accessible via its own front door. The property benefits from loft access, which may allow for extension possibilities (subject to the necessary consents), adding further value to this already appealing investment. While the interior is in need of refurbishment, this provides an ideal canvas for modern updates that could significantly enhance both comfort and market value. Positioned conveniently close to Dulwich, residents will appreciate the harmonious blend of urban amenities and green spaces. Excellent transport links are available nearby, with Peckham Rye station providing quick connections to key destinations including London Bridge and Clapham Junction. Additionally, East Dulwich and North Dulwich stations offer further options for commutes into central London. Outdoor enthusiasts will enjoy easy access to several parks such as Dulwich Park, Peckham Rye Park and Common, and Crystal Palace Park—perfect spots for relaxation or recreation. The surrounding area is rich in local culture and dining options with notable establishments such as Fika and Hausu nearby. Independent shops line Lordship Lane alongside larger supermarkets like Sainsbury’s and Morrisons, catering to everyday needs. Local schools are highly regarded, making this property not only attractive for investors but also for families seeking growth potential in a vibrant community. This apartment is being sold chain-free with a share of the freehold upon completion—a favorable arrangement that enhances its appeal as an investment opportunity.

Investment Analysis

(SE15 area)

Above Market Value

This property is priced +19.8% above area average per sq ft

+19.8%
This Property
£817/sq ft
Area Average
£682/sq ft
Avg Rent (weekly)
£484
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£413,178
10% above area average per sq ft
Potential ROI
-15.7%
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

Avondale Rise, London
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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
£1,648
Based on a loan of £337,500 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