Sold STC Flat

FLAT 12

GRAHAM COURT, 7, MYERS LANE, LONDON, GREATER LONDON SE14 5RX

1 beds 1 baths 40 m² Listed 20 Nov 2025 (-296d)

£185,000

Guide Price

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Property details

Tenure

LEASEHOLD (152 years remaining on lease)

Floor area

40 m²

Council tax band

B

Last sold

£195,000 Apr 2026

Local average

£329,801 (-43.9%)

Deprivation

Decile 4 (10,358 of 33,755)

Street crime

1097 incidents within 1 mile (Jul 2026)

Key features

  • Chain free
  • One bedroom
  • Secure entry system
  • Residents parking
  • Quiet residential development
  • South Bermondsey Train Station, 0.7 Miles
  • New Cross Gate Overground Station, 0.7 Miles

Additional details

Parking
On street
Listed property
No
Restrictions
No
Required access
No
Rights of way
No
Flooded in last 5 years
No
Flood defences
No

Description

Superb opportunity to acquire a chain-free one-bedroom apartment in a quiet residential development, boasting a secure entry system and residents parking. Located just 0.7 miles from both South Bermondsey Train Station and New Cross Gate Overground Station, this property offers convenient transport links within easy reach.

Upon entry, you are greeted by a well-proportioned living space, bathed in natural light, creating a welcoming ambience throughout. The accommodation comprises a generously sized bedroom, perfect for relaxing after a long day, offering a serene retreat from the hustle and bustle of city life.

The property features a modern kitchen, designed for functionality and style, equipped with all the necessary appliances to cater to your culinary needs. The bathroom, well-appointed and in good condition, provides a tranquil space for rejuvenation and relaxation.

Residents of this development benefit from the added convenience of a secure entry system, ensuring peace of mind and security for all inhabitants.

This one-bedroom apartment presents a fantastic investment opportunity for first-time buyers or investors seeking a property with great potential. With its prime location, secure entry system, and residents parking, this property offers a comfortable and convenient urban lifestyle. Don't miss this chance to secure a delightful living space in a sought-after area - an ideal opportunity not to be overlooked.
EPC Rating: C

Listed by

Surrey Quays

Oliver Jaques

Reference: 169540166

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~1,060 m² (0.26 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

All

All

Price history

-8% since 2015

Event Date Price % change
Sold 28/04/2026 (4 months ago) £195,000 -8%
Sold 30/04/2015 (11 years ago) £212,000 0%
Sold 30/04/2015 (11 years ago) £212,000 —

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
Same street VERONA COURT, 5 FLAT 3 MYERS LANE, LONDON, LEWISHAM, GREATER LONDON, SE14 5RX £195,000 04/12/2025 Flat
STUNELL HOUSE FLAT 5 JOHN WILLIAMS CLOSE, LONDON, LEWISHAM, GREATER LONDON, SE14 5XD £165,000 17/10/2025 Flat
THOMPSON HOUSE FLAT 8 JOHN WILLIAMS CLOSE, LONDON, LEWISHAM, GREATER LONDON, SE14 5XB £215,000 19/09/2025 Flat
CONNELL COURT, 13 FLAT 7 MYERS LANE, LONDON, LEWISHAM, GREATER LONDON, SE14 5RZ £260,000 11/07/2025 Flat
HIND HOUSE, 4 FLAT 11 MYERS LANE, LONDON, LEWISHAM, GREATER LONDON, SE14 5RU £171,000 27/06/2025 Flat
BARNES HOUSE FLAT 11 JOHN WILLIAMS CLOSE, LONDON, LEWISHAM, GREATER LONDON, SE14 5XH £350,000 27/06/2025 Flat
DALTON HOUSE FLAT 16 JOHN WILLIAMS CLOSE, LONDON, LEWISHAM, GREATER LONDON, SE14 5XF £335,000 23/06/2025 Flat
STUNELL HOUSE FLAT 10 JOHN WILLIAMS CLOSE, LONDON, LEWISHAM, GREATER LONDON, SE14 5XD £245,000 19/12/2023 Flat
BRYCE HOUSE FLAT 20 JOHN WILLIAMS CLOSE, LONDON, LEWISHAM, GREATER LONDON, SE14 5XG £160,000 15/12/2023 Flat
Same street VERONA COURT, 5 FLAT 2 MYERS LANE, LONDON, LEWISHAM, GREATER LONDON, SE14 5RX £148,000 13/10/2023 Flat
57 BRIDGE MEADOWS, LONDON, LEWISHAM, GREATER LONDON, SE14 5SX £240,000 28/07/2023 Flat
OLIVE TREE HOUSE, 16 FLAT 11 SHARRATT STREET, LONDON, LEWISHAM, GREATER LONDON, SE15 1EZ £245,000 30/05/2023 Flat
Same street HENDERSON COURT, 6 FLAT 5 MYERS LANE, LONDON, LEWISHAM, GREATER LONDON, SE14 5RX £290,000 03/05/2023 Flat
24 BRIDGE MEADOWS, LONDON, LEWISHAM, GREATER LONDON, SE14 5SU £225,000 09/03/2023 Flat
TARPLETT HOUSE FLAT 20 JOHN WILLIAMS CLOSE, LONDON, LEWISHAM, GREATER LONDON, SE14 5XD £260,000 14/02/2023 Flat
CAMBER HOUSE, 1 FLAT 14 LOVELINCH CLOSE, LONDON, LEWISHAM, GREATER LONDON, SE15 1ET £250,000 13/01/2023 Flat
BARNES HOUSE FLAT 2 JOHN WILLIAMS CLOSE, LONDON, LEWISHAM, GREATER LONDON, SE14 5XH £248,000 22/12/2022 Flat
BRYCE HOUSE FLAT 24 JOHN WILLIAMS CLOSE, LONDON, LEWISHAM, GREATER LONDON, SE14 5XG £240,000 30/11/2022 Flat
DALTON HOUSE FLAT 9 JOHN WILLIAMS CLOSE, LONDON, LEWISHAM, GREATER LONDON, SE14 5XF £275,000 07/11/2022 Flat
NEWLAND HOUSE FLAT 14 JOHN WILLIAMS CLOSE, LONDON, LEWISHAM, GREATER LONDON, SE14 5XE £215,000 28/10/2022 Flat
CAREW COURT, 3 FLAT 5 SAMUEL CLOSE, LONDON, LEWISHAM, GREATER LONDON, SE14 5RP £215,000 17/10/2022 Flat
HORTON HOUSE, 15 FLAT 19 LOVELINCH CLOSE, LONDON, LEWISHAM, GREATER LONDON, SE15 1HG £290,000 30/09/2022 Flat
JEMOTTS COURT, 1 FLAT 11 MYERS LANE, LONDON, LEWISHAM, GREATER LONDON, SE14 5RU £250,000 30/09/2022 Flat
Same street VERONA COURT, 5 FLAT 5 MYERS LANE, LONDON, LEWISHAM, GREATER LONDON, SE14 5RX £190,000 21/09/2022 Flat
Same street HENDERSON COURT, 6 FLAT 2 MYERS LANE, LONDON, LEWISHAM, GREATER LONDON, SE14 5RX £292,000 26/08/2022 Flat
Same street GRAHAM COURT, 7 FLAT 6 MYERS LANE, LONDON, LEWISHAM, GREATER LONDON, SE14 5RX £242,000 24/06/2022 Flat

Street average: £226,167 (6 sales)

Area average: £242,700 (20 sales)

Capital growth trend

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

5y growth 15.8%
10y growth -11.1%

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

1y (index) -0.8%
5y (index) 3%
10y (index) 5.9%

Rental Range

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

Low £1,645/mo
Realistic £1,828/mo
Optimistic £2,011/mo

Based on Local Authority from postcode lookup → Lewisham.

LHA (30th percentile) floor for Stevenage & North Herts: £773/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SE14 5RX

Address

7 Myers Lane

Nearby

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

Type Name Distance
Shop Aquajet 0.2 miles
Bus stop Penarth Street 0.3 miles
Shop Millwall FC Lions Store 0.3 miles
Bus stop Manor Grove 0.3 miles
Train station South Bermondsey 0.4 miles
Train station New Cross Gate 0.7 miles
University University of Greenwich 1.8 miles
University Northeastern University London 1.9 miles
Hospital Dental Hospital 2.2 miles
Hospital King's College Hospital Emergency Department 2.2 miles

Street-level crime

Category Count
Violence and sexual offences 310
Anti-social behaviour 217
Theft from the person 116
Other theft 77
Burglary 62
Public order 60
Shoplifting 60
Vehicle crime 54
Robbery 47
Drugs 41
Bicycle theft 29
Other crime 13
Possession of weapons 9
Criminal damage and arson 2
Total incidents 1097

Within 1 mile during Jul 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
Haberdashers' Hatcham Primary Primary 0.3 miles Good — 24 Jan 2024
Ilderton Primary School Primary 0.3 miles Outstanding — 9 Jul 2015
Twin Oaks Primary School Primary 0.3 miles Good — 2 Mar 2022
Pilgrims' Way Primary School Primary 0.4 miles Good — 7 Sep 2015
Marathon Science School Other 0.5 miles Inadequate — 28 Jun 2023

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, Vista Heights, SE15 £2,000/mo 1 0.24 miles OpenRent
1 Bed Flat, Inwen Court, SE8 £1,600/mo 1 0.47 miles OpenRent

Average rent: £1,800/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.97%
Max investor price (0.8%) £225,000
Target investor price (1%) £180,000
Gross yield 11.7%
Cost-to-rent ratio 8.6×
Monthly cashflow £866/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 19.4%
  • 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).