# 1 bedroom flat for sale (SE3 9FF)

## Property Details

| Key | Value |
|-----|-------|
| Address | 45, DEERING HOUSE, 26, OTTLEY DRIVE, LONDON, GREATER LONDON SE3 9FF |
| Price | £295,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | C |
| Last sold | £175,750 Nov 2018 |

## Description

Situated on the sixth floor, this wonderful 1 bedroom flat boasts bright and well-proportioned reception room with modern open-plan kitchen, delightful private balcony and sizable double bedroom.

Located in the prime area of Kidbrooke, this property offers easy access to large open green space and short walk to Kidbrooke Station and a selection of shops and restaurants.

Please use the reference CHPK4315508 when contacting Foxtons.

## Property Photos

- ![Photo](/listings/photos/169552394/1653766)
- ![Photo](/listings/photos/169552394/1653767)
- ![Photo](/listings/photos/169552394/1653768)
- ![Photo](/listings/photos/169552394/1653769)
- ![Photo](/listings/photos/169552394/1653770)
- ![Photo](/listings/photos/169552394/1653771)
- ![Photo](/listings/photos/169552394/1653772)
- ![Photo](/listings/photos/169552394/1653773)
- ![Photo](/listings/photos/169552394/1653774)
- ![Photo](/listings/photos/169552394/1653775)
- ![Photo](/listings/photos/169552394/1653776)
- ![Photo](/listings/photos/169552394/1653777)

## Floorplans

- ![Floorplan area for info only, not for £/sq. ft valuation](/listings/photos/169552394/1653778) - Floorplan area for info only, not for £/sq. ft valuation

## EPC Graphs

- ![EER](/listings/photos/169552394/1653779) - EER

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| DEERING HOUSE, 26 45 OTTLEY DRIVE, LONDON, GREENWICH, GREATER LONDON, SE3 9FF | £175,750 | 01/11/2018 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| JOHNSON COURT, 39 54 MEADOWSIDE, LONDON, GREENWICH, GREATER LONDON, SE9 6BS | £275,000 | 12/02/2026 | Flat |
| GRAYSTON HOUSE, 1 84 OTTLEY DRIVE, LONDON, GREENWICH, GREATER LONDON, SE3 9FP | £335,000 | 09/01/2026 | Flat |
| MALTBY HOUSE, 2 58 OTTLEY DRIVE, LONDON, GREENWICH, GREATER LONDON, SE3 9FJ | £499,999 | 22/12/2025 | Flat |
| [Same street] DEERING HOUSE, 26 16 OTTLEY DRIVE, LONDON, GREENWICH, GREATER LONDON, SE3 9FF | £155,250 | 12/08/2025 | Flat |
| MALTBY HOUSE, 18 94 TUDWAY ROAD, LONDON, GREENWICH, GREATER LONDON, SE3 9FL | £298,000 | 11/07/2025 | Flat |
| JOHNSON COURT, 41 28 MEADOWSIDE, LONDON, GREENWICH, GREATER LONDON, SE9 6BS | £400,000 | 14/02/2025 | Flat |
| NOBLE HOUSE, 48 FLAT 603 OTTLEY DRIVE, LONDON, GREENWICH, GREATER LONDON, SE3 9GF | £365,000 | 25/11/2024 | Flat |
| JOHNSON COURT, 43 2 MEADOWSIDE, LONDON, GREENWICH, GREATER LONDON, SE9 6BS | £315,000 | 22/04/2024 | Flat |
| MALTBY HOUSE, 18 68 TUDWAY ROAD, LONDON, GREENWICH, GREATER LONDON, SE3 9FL | £313,200 | 18/12/2023 | Flat |
| GRAYSTON HOUSE, 21 36 ASTELL ROAD, LONDON, GREENWICH, GREATER LONDON, SE3 9FN | £585,000 | 15/12/2023 | Flat |
| [Same street] DEERING HOUSE, 26 34 OTTLEY DRIVE, LONDON, GREENWICH, GREATER LONDON, SE3 9FF | £176,000 | 01/12/2023 | Flat |
| JOHNSON COURT, 39 45 MEADOWSIDE, LONDON, GREENWICH, GREATER LONDON, SE9 6BS | £425,000 | 27/11/2023 | Flat |
| NOBLE HOUSE, 48 FLAT 504 OTTLEY DRIVE, LONDON, GREENWICH, GREATER LONDON, SE3 9GF | £320,000 | 13/11/2023 | Flat |
| JOHNSON COURT, 43 4 MEADOWSIDE, LONDON, GREENWICH, GREATER LONDON, SE9 6BS | £281,000 | 27/10/2023 | Flat |
| PERKINS HOUSE, 36 FLAT 207 TUDWAY ROAD, LONDON, GREENWICH, GREATER LONDON, SE3 9GG | £111,250 | 26/10/2023 | Flat |
| JOHNSON COURT, 37 70 MEADOWSIDE, LONDON, GREENWICH, GREATER LONDON, SE9 6BS | £480,000 | 11/10/2023 | Flat |
| JOHNSON COURT, 37 61 MEADOWSIDE, LONDON, GREENWICH, GREATER LONDON, SE9 6BS | £300,000 | 22/09/2023 | Flat |
| MALTBY HOUSE, 18 89 TUDWAY ROAD, LONDON, GREENWICH, GREATER LONDON, SE3 9FL | £272,500 | 30/08/2023 | Flat |
| JOHNSON COURT, 37 57 MEADOWSIDE, LONDON, GREENWICH, GREATER LONDON, SE9 6BS | £320,000 | 25/08/2023 | Flat |
| JOHNSON COURT, 39 51 MEADOWSIDE, LONDON, GREENWICH, GREATER LONDON, SE9 6BS | £450,000 | 09/08/2023 | Flat |
| JOHNSON COURT 35 MEADOWSIDE, LONDON, GREENWICH, GREATER LONDON, SE9 6BS | £462,000 | 14/07/2023 | Flat |
| [Same street] DEERING HOUSE, 26 26 OTTLEY DRIVE, LONDON, GREENWICH, GREATER LONDON, SE3 9FF | £135,000 | 29/06/2023 | Flat |
| JOHNSON COURT, 43 15 MEADOWSIDE, LONDON, GREENWICH, GREATER LONDON, SE9 6BS | £653,000 | 11/01/2023 | Flat |
| [Same street] DEERING HOUSE, 26 25 OTTLEY DRIVE, LONDON, GREENWICH, GREATER LONDON, SE3 9FF | £170,000 | 28/10/2022 | Flat |
| [Same street] DEERING HOUSE, 26 11 OTTLEY DRIVE, LONDON, GREENWICH, GREATER LONDON, SE3 9FF | £172,000 | 17/12/2021 | Flat |
| [Same street] DEERING HOUSE, 26 37 OTTLEY DRIVE, LONDON, GREENWICH, GREATER LONDON, SE3 9FF | £122,500 | 23/11/2021 | Flat |
| [Same street] DEERING HOUSE, 26 9 OTTLEY DRIVE, LONDON, GREENWICH, GREATER LONDON, SE3 9FF | £166,000 | 23/11/2021 | Flat |
| [Same street] DEERING HOUSE, 26 8 OTTLEY DRIVE, LONDON, GREENWICH, GREATER LONDON, SE3 9FF | £202,500 | 16/08/2021 | Flat |

**Street average:** £162,406 (8 sales)
**Area average:** £373,047 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £440,846 (105 Flat, SE3, 2024–2026)
- **Deviation:** -33.1%

## Rental Range

*ONS Price Index of Private Rents (Greenwich). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,770/mo
- **Realistic:** £1,967/mo
- **Optimistic:** £2,164/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Stevenage & North Herts (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £773/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Dowding Drive, SE9 | £1,992/mo | 1 | 0.26 miles | OpenRent |

**Average rent: £1,992/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.68% (weak for cashflow)
- **Max investor price (0.8%):** £249,000
- **Target investor price (1%):** £199,200

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,992/mo).*

- **Gross yield:** 8.1%
- **Cost-to-rent:** 12.3×
- **Monthly cashflow:** £606/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 5.8%
- **10y growth:** 4.5%

## House Price Index (HM Land Registry)

*Official index for Greenwich; Flats and maisonettes series; as of May 2026.*

- **1y growth (index):** -1.7%
- **5y growth (index):** 0.3%
- **10y growth (index):** 8.5%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)