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60A Asylum Road, London SE15 2LW - Image 1
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60A Asylum Road, London SE15 2LW

London

£425,000

Listed on 29/08/2026

The listing

Property details

Bedrooms
3
Type
Flat

Description

This three-bedroom split-level flat presents a promising opportunity for renovation, ideally situated near the vibrant amenities of Peckham. The property is currently vacant and requires modernisation, allowing potential buyers to tailor the space to their preferences. The layout includes a lower ground floor featuring one bedroom, a lounge diner, and a bathroom/WC, while the ground floor comprises two additional bedrooms, a kitchen, and another WC. Its location near the junction of Queens Road offers convenient access to local shopping facilities and recreational areas such as Brimmington Park and Caroline Gardens. With transport links including National Rail at Nunhead and Overground services at Queens Road Peckham, this property is well-positioned for both living and investment potential.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

58out of 100
Grade DWeak opportunity

Confidence: LOW

This three-bedroom split-level flat in Peckham presents a solid opportunity for renovation enthusiasts looking to make their mark. While the asking price of £425,000 is below the local average of £523,389, this indicates a potential bargain for the right investor. The property is in need of extensive refurbishment, with significant wear and tear observed throughout, particularly in the living areas and bedrooms. The kitchen and bathroom are basic and dated, providing a blank canvas for someone to create a modern living space.

The location is a standout feature, with convenient access to local amenities and transport links, making it an attractive prospect for future tenants or buyers. However, the project is substantial, requiring a renovation budget of £100,000 to £200,000, which suggests a full-gut approach rather than a simple refresh. Despite the challenges, this listing offers a unique chance to transform a tired property into a desirable home, capitalizing on its prime location and spacious layout.

Key opportunities

  • Opportunity to modernise a spacious split-level layout, enhancing both aesthetics and functionality.
  • Ability to create a contemporary kitchen and bathroom that could significantly increase property value.
  • Potential to improve the overall character of the flat through thoughtful design choices.

Key risks

  • Stripped interiors and a £100,000–£200,000 works budget make this a full-gut programme, not a refresh.

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Map

Location

60A Asylum Road, London SE15 2LW
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,606
Based on a loan of £318,750 over 30 years at 4.45% 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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