Fernholme Road, London
London
£330,000
Listed on 06/11/2026
Listed on 06/11/2026
The listing
Property details
Bedrooms
2Type
MaisonetteArea
707 sqftFeatures
- Garden
Description
A chain-free, two-bedroom ground-floor period flat with approximately 707 sq ft of accommodation and a private rear garden. The layout includes a reception room with garden access, two double bedrooms, a separate kitchen, a bathroom and a central hallway. The property is presented as requiring modernisation, with scope to update the interiors and consider reconfiguration, subject to any necessary consents.
The flat is leasehold, with a lease stated to run for 99 years from 29 September 2004. No service charge or ground rent is listed. The property has an EPC rating of D and is in Council Tax Band C. Peckham Rye, Nunhead and East Dulwich amenities are nearby, and Peckham Rye station provides rail connections into central London and beyond.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
67out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £330,000, this two-bedroom period garden flat is priced well below the local average per square foot, making the asking price a clear opportunity to acquire in a sought-after SE15 location. The separate reception and kitchen, private rear garden and period frontage give the project useful character and scope to improve the layout and finishes. The photographed interiors are heavily cluttered and worn, with deterioration in several areas, while the garden is overgrown; this is a substantial project rather than a cosmetic refresh. The visible roof slopes appear broadly intact, though the clutter limits assessment of some internal surfaces.
The score reflects that contrast: strong price and economics, but a demanding condition-led project. The listing also reports an offer of £352,000, so check the current position with the agent before proceeding.
Key opportunities
- Acquire at an asking price well below the local average per square foot, with the price advantage supporting the value case.
- Use the separate reception and kitchen, two-bedroom layout and period character as a canvas for a considered interior update.
- Clear and improve the private rear garden to make better use of a valuable outdoor space.
Key risks
- Cluttered, deteriorated interiors and an overgrown garden make this a substantial multi-area programme; allow time and budget for a full project rather than a cosmetic refresh.
- The lease has 99 years from September 2004; check the remaining term and lease provisions as part of due diligence.
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Transport
Nearest stations
Honor Oak Park Rail Station
0.5 miles
Train · Honor Oak Park
Crofton Park Rail Station
0.5 miles
Train · Brockley
Brockley Rail Station
0.7 miles
Train · Brockley
Nunhead Rail Station
0.8 miles
Train · Nunhead
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,348
Based on a loan of £247,500 over 30 years at 5.13% 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.
Tax
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Indicative tax based on the asking price and the options you select.
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