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Nynehead Street, New Cross, London SE14

London

£245,000

Listed on 18/06/2026

Property Details

Bedrooms
1
Type
Flat
Area
611 sqft

Description

This 1-bedroom flat in New Cross presents a solid opportunity for renovation and investment. With a generous kitchen and reception area, as well as a roomy bedroom, the layout is conducive to modern updates that could significantly enhance its appeal. Located within a secure communal block, this property is just off Sanford Road, providing easy access to local amenities and transport options connecting to Deptford High Street and New Cross Road, along with the vibrant areas of Deptford and Peckham. This setting not only offers convenience but also the potential for value appreciation through thoughtful refurbishment.

Investment Analysis

(SE14 area)

Below Market Value

This property is priced -35.7% below area average per sq ft

-35.7%
Potential saving
This Property
£401/sq ft
Area Average
£624/sq ft
Avg Rent (weekly)
£429
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£419,088
10% above area average per sq ft
Potential ROI
+55.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SE14)

Area prices are falling by -4.1% over the last 12 months
3 year growth: -8.5%
5 year growth: -7.6%
Investment Disclaimer: Analysis based on SE14 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

Nynehead Street, New Cross, London SE14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£926
Based on a loan of £183,750 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.

Stamp Duty Calculator

Price History

-18.3% since listed
£245,000£25,000(-9.3%)
17/06/2026
Current price
£270,000£30,000(-10.0%)
15/05/2026
£300,000Initial listing
05/04/2026

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