Drakefell Road, Brockley
London
£350,000
Listed on 29/07/2026
Listed on 29/07/2026
The listing
Property details
Bedrooms
1Type
FlatFeatures
- Garden
Description
This one-bedroom apartment presents a share of freehold ownership and features a private garden, highlighting its strong potential for refurbishment and possible extension, pending planning permissions. The addition of off-street parking could further enhance the property's value, making it an attractive prospect for investors or those looking to create their ideal living space. Conveniently located on the desirable Drakefell Road, the property is well-connected to Brockley, New Cross Gate, and Nunhead stations, providing swift access to London Bridge and Canary Wharf. Nearby Telegraph Hill Park adds to the appeal of this vibrant neighborhood, complemented by local cafés and independent shops that contribute to a lively community atmosphere.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
37out of 100
Grade ELow opportunity
Confidence: LOW
This one-bedroom share-of-freehold flat has a useful point of difference in its private garden, with scope to clear and improve the outdoor space. The listing also mentions possible extension and off-street parking, but both are subject to feasibility and, for an extension, planning permission. The frontage looks weathered, with uneven or cracked areas that merit inspection; no obvious major roof failure is visible from the street-level view.
The overall score is 37/100 (E, Low Opportunity), with the appeal tempered by limited condition and economics information. Floor area is missing, so value versus local £/sqf cannot be judged yet. The location is a positive, with several nearby stations and Telegraph Hill Park within easy reach.
Key opportunities
- Clear and landscape the private garden, making better use of a notable feature of the flat.
- Explore the listing’s stated extension and off-street parking potential, subject to feasibility and any required permissions.
- Benefit from access to Brockley, New Cross Gate and Nunhead stations, as well as Telegraph Hill Park and local cafés and shops.
Key risks
- Inspect the uneven or cracked areas of the lower frontage and check the garden steps and retaining walls.
- The 84-year lease term is worth reviewing, along with the share-of-freehold arrangements.
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Transport
Nearest stations
Brockley Rail Station
0.2 miles
Train · Brockley
Nunhead Rail Station
0.5 miles
Train · Nunhead
New Cross Gate ELL Rail Station
0.6 miles
Train · New Cross Gate
New Cross Gate Rail Station
0.6 miles
Train · New Cross Gate
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.
£
£
£
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%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,430
Based on a loan of £262,500 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.
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