Sold STC Flat

FLAT 3

209 GIPSY ROAD, LONDON, GREATER LONDON SE27 9QY

3 beds 2 baths 1,227 sq ft Listed 9 Jan 2025 (-531d)

£625,000

Guide Price

Reduced on 5 Dec 2024

Save

# 3 bedroom apartment for sale (SE27 9QY)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 3, 209 GIPSY ROAD, LONDON, GREATER LONDON SE27 9QY |
| Price | £625,000 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Council tax | D |
| Floor area | 114 m² |
| Last sold | £625,000 Jun 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 08/05/2027
- **Current heating cost:** £265/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0418-6052-7375-4363-3954)

## Description

GUIDE PRICE £625,000-£650,000.

An exceptionally well finished three bedroom, two bathroom first floor apartment completed approximately seven years ago by renowned luxury new homes builder Hambridge Homes.

Forming part of a small boutique development, the space totals 1190 sq ft / 110.6 sq m and offers the ultimate in high specification living, superb energy efficiency, and stylishly finished accommodation throughout.  This sizeable property could be ideal for those seeking a conveniently positioned and rarely available new home.

Notable features include three double bedrooms (en suite to main), lots of fitted storage, lift service, a German-manufactured kitchen with Smeg appliances and a sociable sit-up bar, large windows for lots of natural light, a 30ft reception room with access to a sizeable terrace with a partial City view, beautiful solid wood herringbone flooring, and a large main bathroom with premium fittings. Externally there is secure gated parking, bike storage, and communal grounds.

This location is moments from Gipsy Hill rail links, also nearby restaurants and shopping at Gipsy Parade, West Dulwich, and the bustling Crystal Palace Triangle. Norwood Park is also moments away for morning jogs or pleasant weekend strolls.

A must-see property to appreciate the standard of build.

Chain free.

## Property Photos

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## Floorplans

- ![floorplan-38.jpg](/listings/photos/156663521/720244) - floorplan-38.jpg

## EPC Graphs

- ![EPC F3 209 Gipsy H.JPG](/listings/photos/156663521/720254) - EPC F3 209 Gipsy H.JPG

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 209 FLAT 3 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY | £625,000 | 04/06/2025 | Flat |
| 209 FLAT 3 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY | £605,000 | 26/10/2022 | Flat |
| 209 FLAT 3 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY | £630,000 | 17/08/2017 | 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 |
|---------|-------|------|------|
| 131 FLAT B GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QT | £518,500 | 19/01/2026 | Flat |
| 5 HUNTERS MEADOW, LONDON, SOUTHWARK, GREATER LONDON, SE19 1HX | £267,265 | 22/09/2025 | Flat |
| 10 FLAT 2 PAXTON PLACE, LONDON, LAMBETH, GREATER LONDON, SE27 9SS | £383,000 | 15/08/2025 | Flat |
| [Same street] 233 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY | £265,000 | 04/03/2025 | Flat |
| 171A FLAT 3 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QT | £617,000 | 19/12/2023 | Flat |
| [Same street] 223 FLAT D GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY | £250,000 | 11/08/2023 | Flat |
| 33 ST KITTS TERRACE, LONDON, LAMBETH, GREATER LONDON, SE19 1JA | £322,500 | 07/08/2023 | Flat |
| 151 FLAT 4 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QT | £307,500 | 24/04/2023 | Flat |
| 147A GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QT | £446,000 | 20/12/2022 | Flat |
| 46 TANNOY SQUARE, LONDON, LAMBETH, GREATER LONDON, SE27 9SG | £335,000 | 01/11/2022 | Flat |
| 205B SOUTH CROXTED ROAD, LONDON, LAMBETH, GREATER LONDON, SE21 8AY | £590,000 | 14/10/2022 | Flat |
| [Same street] 233 FLAT 5 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY | £159,000 | 07/10/2022 | Other |
| 54 CHARTERS CLOSE, LONDON, LAMBETH, GREATER LONDON, SE19 1QW | £395,000 | 03/10/2022 | Flat |
| 26 DULWICH WOOD PARK, LONDON, SOUTHWARK, GREATER LONDON, SE19 1HH | £725,000 | 22/09/2022 | Flat |
| 42 TANNOY SQUARE, LONDON, LAMBETH, GREATER LONDON, SE27 9SG | £332,500 | 26/08/2022 | Flat |
| THE VESTRY 226C FLAT 2 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9RB | £580,000 | 18/08/2022 | Flat |
| 171 FLAT 2 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QT | £385,000 | 15/08/2022 | Flat |
| [Same street] 237 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY | £320,000 | 10/08/2022 | Flat |
| [Same street] 225 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY | £1,130,000 | 05/08/2022 | Terraced |
| [Same street] 239B GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY | £355,000 | 24/06/2022 | Flat |
| [Same street] 239C GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY | £355,000 | 24/06/2022 | Flat |
| 157 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QT | £418,500 | 17/06/2022 | Flat |
| 153A GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QT | £355,000 | 12/05/2022 | Flat |
| 9B ROMMANY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9PY | £485,000 | 08/04/2022 | Flat |
| 15 BAIRD GARDENS, DULWICH, LONDON, SOUTHWARK, GREATER LONDON, SE19 1HJ | £625,000 | 31/03/2022 | Flat |
| 68 FLAT 2 SALTERS HILL, LONDON, LAMBETH, GREATER LONDON, SE19 1EA | £415,000 | 04/03/2022 | Flat |
| 149 FLAT 2 HAMILTON ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9SE | £287,500 | 21/02/2022 | Flat |
| [Same street] 211 FLAT 2 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY | £249,995 | 17/12/2021 | Flat |
| [Same street] 201 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY | £33,630 | 18/08/2021 | Other |

**Street average:** £346,403 (9 sales)
**Area average:** £439,513 (20 sales)

## Price vs local average

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

- **Local average:** £410,643 (34 Flat, SE27, 2024–2026)
- **Deviation:** +52.2%

## Rental Range

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

- **Low:** £2,274/mo
- **Realistic:** £2,527/mo
- **Optimistic:** £2,780/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Cambridge (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,122/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 |
|------|------|------|------|------|
| 3 Bed Terraced House, Rommany Road, SE27 | £750/mo | 3 | 0.11 miles | OpenRent |

**Average rent: £750/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.12% (weak for cashflow)
- **Max investor price (0.8%):** £93,750
- **Target investor price (1%):** £75,000

*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 £750/mo).*

- **Gross yield:** 1.4%
- **Cost-to-rent:** 69.4×
- **Monthly cashflow:** £-1,811/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -12%

*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).*

## Price per Square Metre

- **£/m²:** £5,482/m²

## Capital growth trend

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

- **5y growth:** -9.5%
- **10y growth:** -8.6%

## House Price Index (HM Land Registry)

*Official index for Lambeth; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -2.5%
- **5y growth (index):** -8.3%
- **10y growth (index):** -2.6%

## 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)

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Property details

Tenure

LEASEHOLD

Floor area

114 m²

Council tax band

EPC rating

Last sold

£625,000 Jun 2025

Price per m²

£5,482/m²

Local average

£410,643 (+52.2%)

Deprivation

Decile 6 (17,979 of 33,755)

Street crime

460 incidents within 1 mile (Apr 2026)

Key features

1190 sq ft / 110.6 sq m
Three bedrooms
Private terrace at the rear of the building
30ft living space
Secure gated parking
En suite shower room
No onward chain
High specification finish
Close to Gipsy Hill station
Ample fitted storage

Additional details

Electricity: Mains supply
Water: Mains supply
Sewerage: Mains supply
Heating: Electric
Parking: Yes

Description

GUIDE PRICE £625,000-£650,000.
An exceptionally well finished three bedroom, two bathroom first floor apartment completed approximately seven years ago by renowned luxury new homes builder Hambridge Homes.

Forming part of a small boutique development, the space totals 1190 sq ft / 110.6 sq m and offers the ultimate in high specification living, superb energy efficiency, and stylishly finished accommodation throughout. This sizeable property could be ideal for those seeking a conveniently positioned and rarely available new home.

Notable features include three double bedrooms (en suite to main), lots of fitted storage, lift service, a German-manufactured kitchen with Smeg appliances and a sociable sit-up bar, large windows for lots of natural light, a 30ft reception room with access to a sizeable terrace with a partial City view, beautiful solid wood herringbone flooring, and a large main bathroom with premium fittings. Externally there is secure gated parking, bike storage, and communal grounds.

This location is moments from Gipsy Hill rail links, also nearby restaurants and shopping at Gipsy Parade, West Dulwich, and the bustling Crystal Palace Triangle. Norwood Park is also moments away for morning jogs or pleasant weekend strolls.

A must-see property to appreciate the standard of build.

Chain free.

EPC: B | Council Tax Band: D | Lease: 117 years remaining | SC: £2,980 pa | GR: £350 pa | Buildings Insurance: Incl. in SC

Listed by

Crystal Palace

Pedder

Reference: 156663521

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 09/05/2017

Expiry date: 08/05/2027

Current heating cost: £265/year

Potential heating cost: £265/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

floorplan-38.jpg

EPC Graphs

EPC F3 209 Gipsy H.JPG

Price history

-1% since 2017

Event	Date	Price	% change
Sold	04/06/2025 (1 year ago)	£625,000	+3.3%
Sold	26/10/2022 (3 years ago)	£605,000	-4%
Sold	17/08/2017 (8 years ago)	£630,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
131 FLAT B GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QT	£518,500	19/01/2026	Flat
5 HUNTERS MEADOW, LONDON, SOUTHWARK, GREATER LONDON, SE19 1HX	£267,265	22/09/2025	Flat
10 FLAT 2 PAXTON PLACE, LONDON, LAMBETH, GREATER LONDON, SE27 9SS	£383,000	15/08/2025	Flat
Same street 233 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY	£265,000	04/03/2025	Flat
171A FLAT 3 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QT	£617,000	19/12/2023	Flat
Same street 223 FLAT D GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY	£250,000	11/08/2023	Flat
33 ST KITTS TERRACE, LONDON, LAMBETH, GREATER LONDON, SE19 1JA	£322,500	07/08/2023	Flat
151 FLAT 4 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QT	£307,500	24/04/2023	Flat
147A GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QT	£446,000	20/12/2022	Flat
46 TANNOY SQUARE, LONDON, LAMBETH, GREATER LONDON, SE27 9SG	£335,000	01/11/2022	Flat
205B SOUTH CROXTED ROAD, LONDON, LAMBETH, GREATER LONDON, SE21 8AY	£590,000	14/10/2022	Flat
Same street 233 FLAT 5 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY	£159,000	07/10/2022	Other
54 CHARTERS CLOSE, LONDON, LAMBETH, GREATER LONDON, SE19 1QW	£395,000	03/10/2022	Flat
26 DULWICH WOOD PARK, LONDON, SOUTHWARK, GREATER LONDON, SE19 1HH	£725,000	22/09/2022	Flat
42 TANNOY SQUARE, LONDON, LAMBETH, GREATER LONDON, SE27 9SG	£332,500	26/08/2022	Flat
THE VESTRY 226C FLAT 2 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9RB	£580,000	18/08/2022	Flat
171 FLAT 2 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QT	£385,000	15/08/2022	Flat
Same street 237 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY	£320,000	10/08/2022	Flat
Same street 225 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY	£1,130,000	05/08/2022	Terraced
Same street 239B GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY	£355,000	24/06/2022	Flat
Same street 239C GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY	£355,000	24/06/2022	Flat
157 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QT	£418,500	17/06/2022	Flat
153A GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QT	£355,000	12/05/2022	Flat
9B ROMMANY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9PY	£485,000	08/04/2022	Flat
15 BAIRD GARDENS, DULWICH, LONDON, SOUTHWARK, GREATER LONDON, SE19 1HJ	£625,000	31/03/2022	Flat
68 FLAT 2 SALTERS HILL, LONDON, LAMBETH, GREATER LONDON, SE19 1EA	£415,000	04/03/2022	Flat
149 FLAT 2 HAMILTON ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9SE	£287,500	21/02/2022	Flat
Same street 211 FLAT 2 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY	£249,995	17/12/2021	Flat
Same street 201 GIPSY ROAD, LONDON, LAMBETH, GREATER LONDON, SE27 9QY	£33,630	18/08/2021	Other

Street average: £346,403 (9 sales)

Area average: £439,513 (20 sales)

Capital growth trend

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

5y growth -9.5%

10y growth -8.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Lambeth. Series: Flats and maisonettes. As of March 2026.

1y (index) -2.5%

5y (index) -8.3%

10y (index) -2.6%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: LANCE MERLIN LIMITED (10790798)

Rental Range

Estimated market rent for Lambeth. Low = conservative, Realistic = average, Optimistic = best case.

Low £2,274/mo

Realistic £2,527/mo

Optimistic £2,780/mo

Based on Local Authority from postcode lookup → Lambeth.

LHA (30th percentile) floor for Cambridge: £1,122/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SE27 9QY

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Oaks Avenue	0.0 miles
Shop	No Problem Technologies	0.0 miles
Shop	Day Lewis Pharmacy	0.1 miles
Train station	Gipsy Hill	0.3 miles
Train station	Sydenham Hill	0.5 miles
Hospital	British Home & Hospital for Incurables	0.9 miles
Hospital	Fertility Treatment	2.7 miles
University	University of Wales Trinity Saint David London Campus	3.7 miles
University	Horton Halls Reception	3.9 miles

Street-level crime

Category	Count
Violence and sexual offences	121
Anti-social behaviour	110
Vehicle crime	51
Theft from the person	29
Other theft	27
Burglary	26
Criminal damage and arson	24
Shoplifting	20
Public order	17
Robbery	17
Drugs	9
Bicycle theft	4
Other crime	4
Possession of weapons	1
Total incidents	460

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Kingswood Primary School	Primary	0.1 miles	— (Inspected (no overall grade))
Kingsdale Foundation School	Secondary	0.4 miles	Outstanding — 23 May 2023
Dulwich Wood Primary School	Primary	0.4 miles	Good — 8 Sep 2022
Elm Wood School	Primary	0.4 miles	Good — 7 Nov 2019
Dulwich Wood Nursery School	Nursery	0.4 miles	Good — 27 May 2016

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
3 Bed Terraced House, Rommany Road, SE27	£750/mo	3	0.11 miles	OpenRent

Average rent: £750/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

This street 4.3% gross yield avg £395,239 sale, £1,400/mo rent

Rent ratio 0.12%

Max investor price (0.8%) £93,750

Target investor price (1%) £75,000

Gross yield 1.4%

Cost-to-rent ratio 69.4×

Monthly cashflow £-1,811/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -12%

This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).