# 1 bedroom flat for sale (SE15 6FB)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 15, GATELY COURT, SAMUEL STREET, LONDON, GREATER LONDON SE15 6FB |
| Price | £128,000 |
| Bedrooms | 1 |
| Last sold | £128,000 Aug 2019 |

## Description

Available through a shared ownership resale scheme, a well presented first floor, one bedroom apartment situated in a popular sought after area of Peckham and close to amenities.

The property comprises of a bright secure communal entrance with phone entry system & lift access, open plan living/dining room area leading out to a balcony with stunning views of local park, modern fitted kitchen with in-built oven & hob, large double bedroom with built in wardrobe, family bathroom with shower over bath, large storage cupboard in hallway & double glazing throughout.My Online Estate Agent is the vendor's agent for this property. Whilst every effort is made to ensure its accuracy the matters referred to in this description should be independently verified by prospective purchasers or tenants. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

## Property Photos

- ![Photo 1](/listings/photos/80861666/1620431) - Photo 1
- ![Photo 2](/listings/photos/80861666/1620432) - Photo 2
- ![Photo 3](/listings/photos/80861666/1620433) - Photo 3
- ![Photo 4](/listings/photos/80861666/1620434) - Photo 4
- ![Extra image 1](/listings/photos/80861666/1620435) - Extra image 1
- ![Extra image 2](/listings/photos/80861666/1620436) - Extra image 2

## Floorplans

- ![Floorplan 1](/listings/photos/80861666/1620437) - Floorplan 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| GATELY COURT FLAT 15 SAMUEL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE15 6FB | £128,000 | 23/08/2019 | Flat |
| GATELY COURT FLAT 15 SAMUEL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE15 6FB | £116,000 | 11/09/2015 | 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 |
|---------|-------|------|------|
| 111 FLAT 5 CHANDLER WAY, LONDON, SOUTHWARK, GREATER LONDON, SE15 6GB | £390,000 | 07/01/2026 | Flat |
| WICKWAY COURT FLAT 36 CATOR STREET, LONDON, SOUTHWARK, GREATER LONDON, SE15 6QB | £325,000 | 06/01/2026 | Flat |
| 49 GARNIES CLOSE, LONDON, SOUTHWARK, GREATER LONDON, SE15 6HW | £337,500 | 10/12/2025 | Flat |
| 33 FLAT 1 CALYPSO CRESCENT, LONDON, SOUTHWARK, GREATER LONDON, SE15 6FP | £388,000 | 11/10/2024 | Flat |
| WICKWAY COURT FLAT 36 CATOR STREET, LONDON, SOUTHWARK, GREATER LONDON, SE15 6QB | £320,000 | 15/12/2023 | Flat |
| WICKWAY COURT FLAT 20 CATOR STREET, LONDON, SOUTHWARK, GREATER LONDON, SE15 6QB | £315,000 | 19/04/2023 | Flat |
| 34 FLAT 9 BURCHER GALE GROVE, LONDON, SOUTHWARK, GREATER LONDON, SE15 6FL | £320,000 | 30/11/2022 | Flat |
| 3 FLAT 1 CALYPSO CRESCENT, LONDON, SOUTHWARK, GREATER LONDON, SE15 6FP | £375,000 | 31/08/2022 | Flat |
| THAMES COURT FLAT 12 DANIEL GARDENS, LONDON, SOUTHWARK, GREATER LONDON, SE15 6LL | £445,000 | 24/08/2022 | Flat |
| ROWAN COURT FLAT 30 GARNIES CLOSE, LONDON, SOUTHWARK, GREATER LONDON, SE15 6PE | £350,000 | 02/08/2022 | Flat |
| 34 FLAT 7 BURCHER GALE GROVE, LONDON, SOUTHWARK, GREATER LONDON, SE15 6FL | £395,000 | 01/08/2022 | Flat |
| 4 FLAT 7 BURCHER GALE GROVE, LONDON, SOUTHWARK, GREATER LONDON, SE15 6FL | £383,000 | 18/07/2022 | Flat |
| THAMES COURT FLAT 8 DANIEL GARDENS, LONDON, SOUTHWARK, GREATER LONDON, SE15 6LL | £410,000 | 10/02/2022 | Flat |
| WICKWAY COURT FLAT 29 CATOR STREET, LONDON, SOUTHWARK, GREATER LONDON, SE15 6QB | £315,000 | 04/02/2022 | Flat |
| 3 FLAT 6 CALYPSO CRESCENT, LONDON, SOUTHWARK, GREATER LONDON, SE15 6FP | £375,000 | 28/01/2022 | Flat |
| 33 FLAT 9 CALYPSO CRESCENT, LONDON, SOUTHWARK, GREATER LONDON, SE15 6FP | £310,000 | 15/09/2021 | Flat |
| 3 FLAT 3 CALYPSO CRESCENT, LONDON, SOUTHWARK, GREATER LONDON, SE15 6FP | £376,000 | 27/08/2021 | Flat |

**Area average:** £360,559 (17 sales)

## Price vs local average

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

- **Local average:** £431,743 (94 Flat, SE15, 2024–2026)
- **Deviation:** -70.4%

## Rental Range

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

- **Low:** £2,162/mo
- **Realistic:** £2,402/mo
- **Optimistic:** £2,642/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, Pennack Road, SE15 | £1,700/mo | 1 | 0.18 miles | OpenRent |
| Bedsit, Trafalgar Avenue, SE15 | £1,300/mo | 1 | 0.38 miles | OpenRent |

**Average rent: £1,500/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 1.17% (strong)
- **Max investor price (0.8%):** £187,500
- **Target investor price (1%):** £150,000

*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 £1,500/mo).*

- **Gross yield:** 14.1%
- **Cost-to-rent:** 7.1×
- **Monthly cashflow:** £821/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 26.5%

*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:** 13.9%
- **10y growth:** 3.6%

## House Price Index (HM Land Registry)

*Official index for Southwark; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -2.2%
- **5y growth (index):** -2%
- **10y growth (index):** -7.1%

## 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)