# 1 bedroom apartment for sale (SE14 5RX)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 12, GRAHAM COURT, 7, MYERS LANE, LONDON, GREATER LONDON SE14 5RX |
| Price | £185,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | B |
| Construction age | England and Wales: 1991-1995 |
| Floor area | 40 m² |
| Last sold | £195,000 Apr 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 16/07/2034
- **Current heating cost:** £305/year
- **Est. upgrade cost to C:** £1,000

### Recommendations
- L2 (£800 - £1,200)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/6534-7023-5400-0903-0296)

## 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

## Property Photos

- ![Photo](/listings/photos/169540166/2070729)
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## Floorplans

- ![All](/listings/photos/169540166/2070742) - All

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| GRAHAM COURT, 7 FLAT 12 MYERS LANE, LONDON, LEWISHAM, GREATER LONDON, SE14 5RX | £195,000 | 28/04/2026 | Flat |
| GRAHAM COURT, 7 FLAT 12 MYERS LANE, LONDON, LEWISHAM, GREATER LONDON, SE14 5RX | £212,000 | 30/04/2015 | Flat |
| GRAHAM COURT, 7 FLAT 12 MYERS LANE, LONDON, LEWISHAM, GREATER LONDON, SE14 5RX | £212,000 | 30/04/2015 | 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 |
|---------|-------|------|------|
| [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)

## Price vs local average

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

- **Local average:** £329,801 (44 Flat, SE14, 2024–2026)
- **Deviation:** -43.9%

## Rental Range

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

- **Low:** £1,645/mo
- **Realistic:** £1,828/mo
- **Optimistic:** £2,011/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, 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)**

## 1% Rule

- **Rent ratio:** 0.97% (okay)
- **Max investor price (0.8%):** £225,000
- **Target investor price (1%):** £180,000

*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 £1,800/mo).*

- **Gross yield:** 11.7%
- **Cost-to-rent:** 8.6×
- **Monthly cashflow:** £866/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 19.4%

*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:** £4,625/m²

## Capital growth trend

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

- **5y growth:** 15.8%
- **10y growth:** -11.1%

## House Price Index (HM Land Registry)

*Official index for Lewisham; Flats and maisonettes series; as of June 2026.*

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

## 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)