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Peckham Rye, London SE15 - Image 1

Peckham Rye, London SE15

London

£175,000

Listed on 29/06/2026

Property details

Bedrooms
2
Type
Flat
Area
558 sqft

Description

Located in the vibrant area of Peckham Rye, this two-bedroom first-floor flat presents an appealing opportunity for cash buyers interested in a renovation project. The property features a straightforward layout with two bedrooms, a reception room, kitchen, and bathroom, all of which would benefit from a comprehensive modernization to unlock its full potential. With the possibility to enhance and increase value, it’s an attractive prospect for investors or developers. Chain-free and conveniently situated near a variety of amenities including cafes, restaurants, and transport links, this location is highly sought after. Please note that there are approximately 21 years remaining on the lease.

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Investment analysis

(SE15 area)

Below Market Value

This property is priced -54.2% below area average per sq ft

-54.2%
Potential saving
This Property
£314/sq ft
Area Average
£685/sq ft
Avg Rent (weekly)
£521
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£420,668
10% above area average per sq ft
Potential ROI
+95.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SE15)

Area prices are rising by +7.0% over the last 12 months
3 year growth: +2.1%
5 year growth: +2.5%
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

Peckham Rye, London SE15
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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
£661
Based on a loan of £131,250 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

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