# 2 bedroom flat for rent (SE3 9FF)

## Property Details

| Key | Value |
|-----|-------|
| Address | 42, DEERING HOUSE, 26, OTTLEY DRIVE, LONDON, GREATER LONDON SE3 9FF |
| Price | £2,000 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 2012 onwards |
| Floor area | 74 m² |
| Last sold | £180,000 Nov 2017 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 10/02/2035
- **Current heating cost:** £182/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0300-2979-3420-2695-4645)

## Description

A modern two-bedroom apartment with Concierge, a private balcony, secure parking and two bedrooms. Further benefits include gym access.

Located in the Royal Borough of Greenwich (London Zone 3) Kidbrooke Village offers fantastic links to London Bridge and beyond, and is surrounded by over 86 acres of open parkland

**Security Deposit:** £2,307

**Council Tax Band:** C

Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).

## Property Photos

- ![Photo](/listings/photos/158553686/1653780)
- ![Photo](/listings/photos/158553686/1653781)
- ![Photo](/listings/photos/158553686/1653782)
- ![Photo](/listings/photos/158553686/1653783)
- ![Photo](/listings/photos/158553686/1653784)
- ![Photo](/listings/photos/158553686/1653785)
- ![Photo](/listings/photos/158553686/1653786)
- ![Photo](/listings/photos/158553686/1653787)

## Floorplans

- ![Floorplan 1](/listings/photos/158553686/1653788) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/158553686/1653789) - EPC 1
- ![EPC 2](/listings/photos/158553686/1653790) - EPC 2

## Rental Range

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

- **Low:** £1,770/mo
- **Realistic:** £1,967/mo
- **Optimistic:** £2,164/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Stevenage & North Herts (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £972/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 |
|------|------|------|------|------|
| 2 Bed Flat, Townsend Road, SE3 | £2,800/mo | 2 | 0.06 miles | OpenRent |
| 2 Bed Flat, Birch House, SE3 | £2,400/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Flat, Birch House, SE3 | £2,400/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Flat, Hopgood Tower, SE3 | £2,600/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Flat, Dowding Drive, SE9 | £1,960/mo | 2 | 0.32 miles | OpenRent |
| 2 Bed Terraced House, Meerbrook Road, SE3 | £2,400/mo | 2 | 0.33 miles | OpenRent |
| 2 Bed Flat, Thyme Close, SE3 | £2,000/mo | 2 | 0.34 miles | OpenRent |

**Average rent: £2,366/mo (7 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £2,400/mo).*

- **Gross yield:** 1440%
- **Monthly cashflow:** £2,127/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4400.9%

*Gross yield = annual rent as % of price (no costs). 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:** £27/m²

## 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)