# Studio apartment for rent (SE13 7FL)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 002, HESTER HOUSE, 72 - 78, CONINGTON ROAD, LONDON, GREATER LONDON SE13 7FL |
| Price | £1,450 pcm |
| Bathrooms | 1 |
| Last sold | £230,000 Apr 2017 |

## Description

Please Quote ASP ID: 57993

Contract Length - 12 Months

Security Deposit: 5 Weeks of weekly rent

Council Tax Band : Band B 

1st Floor

Nearby transport links include:

Elverson Road DLR (2 min walk)

Lewisham DLR & National Rail Station (7 min walk)

Greenwich Station (15 min walk)

Deptford Bridge DLR (12 min walk)

Blackheath Station (20 min walk)

Relocate-Me is delighted to present this well-proportioned, part-furnished studio apartment in the sought-after Hester House development, SE13. Offering contemporary living, the apartment features a Juliette balcony, a separate sleeping area with a fitted wardrobe, and an open-plan living and dining space.

The apartment further benefits from:

A modern, fully fitted kitchen with integrated appliances

A sleek contemporary bathroom suite

24-hour concierge service for added convenience

Exclusive access to a residents-only gym

Location & Transport Links

Ideally positioned between Blackheath and Greenwich, this development offers superb connectivity, with Elverson Road DLR just a 2-minute walk away, providing easy access to Canary Wharf and the City.

Nearby universities:

Goldsmiths, University of London (10 min drive)

University of Greenwich (15 min drive)

Kings College London (Guy¿s Campus) (20 min drive)

London South Bank University (25 min drive)

Queen Mary University of London (30 min drive)

With approx. 366 sqft of well-designed living space, this apartment is perfect for professionals or students looking for a modern home with excellent transport links.

**Reception 1** 

**Kitchen** 

**Bathroom** 

**Double Glazing**

## Property Photos

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## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| HESTER HOUSE, 72 - 78 FLAT 002 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FL | £230,000 | 28/04/2017 | Flat |
| HESTER HOUSE, 72 - 78 FLAT 002 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FL | £164,075 | 10/05/2012 | 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 |
|---------|-------|------|------|
| 98 ARMOURY ROAD, LONDON, LEWISHAM, GREATER LONDON, SE8 4LB | £310,000 | 15/12/2025 | Flat |
| BAQUBA BUILDING FLAT 111 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FF | £237,000 | 08/12/2025 | Flat |
| BAQUBA BUILDING FLAT 511 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FG | £265,000 | 02/12/2025 | Flat |
| HESTER HOUSE, 72 - 78 FLAT L05 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FL | £260,000 | 14/06/2024 | Flat |
| HESTER HOUSE, 72 - 78 FLAT 001 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FL | £290,000 | 20/12/2023 | Flat |
| 99 ARMOURY ROAD, LONDON, LEWISHAM, GREATER LONDON, SE8 4LB | £335,000 | 20/11/2023 | Flat |
| HESTER HOUSE, 72 - 78 FLAT 506 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FL | £215,000 | 15/11/2023 | Flat |
| 70 ARMOURY ROAD, LONDON, LEWISHAM, GREATER LONDON, SE8 4LB | £225,000 | 15/11/2023 | Flat |
| HESTER HOUSE, 72 - 78 FLAT 407 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FL | £320,000 | 10/11/2023 | Flat |
| HESTER HOUSE, 72 - 78 FLAT L01 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FL | £258,000 | 08/09/2023 | Flat |
| HESTER HOUSE, 72 - 78 FLAT 408 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FL | £208,000 | 11/08/2023 | Flat |
| BAQUBA BUILDING FLAT 805 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FG | £270,000 | 10/08/2023 | Flat |
| HESTER HOUSE, 72 - 78 FLAT 501 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FL | £495,000 | 17/07/2023 | Flat |
| 27 ARMOURY ROAD, LONDON, LEWISHAM, GREATER LONDON, SE8 4LA | £250,000 | 22/06/2023 | Flat |
| HESTER HOUSE, 72 - 78 FLAT 306 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FL | £385,000 | 09/06/2023 | Flat |
| BAQUBA BUILDING FLAT 712 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FG | £299,000 | 02/06/2023 | Flat |
| ADANA BUILDING FLAT 005 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FB | £335,000 | 04/04/2023 | Flat |
| ADANA BUILDING FLAT 001 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FB | £280,000 | 06/01/2023 | Flat |
| ADANA BUILDING FLAT 613 CONINGTON ROAD, LONDON, LEWISHAM, GREATER LONDON, SE13 7FD | £270,000 | 22/12/2022 | Flat |
| 44 RUSSETT WAY, LONDON, GREENWICH, GREATER LONDON, SE13 7LZ | £350,000 | 19/12/2022 | Flat |

**Area average:** £292,850 (20 sales)

## Price vs local average

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

- **Local average:** £378,710 (85 Flat, SE13, 2024–2026)
- **Deviation:** -99.6%

## Rental Range

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

- **Low:** £1,634/mo
- **Realistic:** £1,816/mo
- **Optimistic:** £1,998/mo

## LHA (Local Housing Allowance)

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

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Station Road, SE13 | £2,100/mo | 2 | 0.18 miles | OpenRent |
| 2 Bed Penthouse, Station Road, SE13 | £1,600/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Flat, Venice Corte, SE13 | £1,950/mo | 2 | 0.25 miles | OpenRent |

**Average rent: £1,883/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 134.48% (strong)
- **Max investor price (0.8%):** £243,750
- **Target investor price (1%):** £195,000

*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 £1,950/mo).*

- **Gross yield:** 1613.8%
- **Cost-to-rent:** 0.1×
- **Monthly cashflow:** £1,724/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4920.7%

*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:** 6%
- **10y growth:** 2.7%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -3.3%
- **5y growth (index):** -1.3%
- **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)
