For sale Flat

FLAT 1

PAXTON COURT, MARVELS LANE, LONDON, GREATER LONDON SE12 9QQ

2 beds 1 baths 549 sq ft Listed 7 Oct 2025 (-339d)

£200,000

Guide Price

Reduced on 29 Jun 2026 · Was £220,000

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Property details

Tenure

LEASEHOLD

Floor area

51 m²

EPC rating

B

Year built

England and Wales: 1996-2002

Last sold

£120,000 Mar 2026

Price per m²

£3,922/m²

Local average

£342,357 (-41.6%)

Deprivation

Decile 4 (12,956 of 33,755)

Street crime

361 incidents within 1 mile (Jul 2026)

Key features

  • Retirement development
  • Chain free
  • Communal grounds
  • Entertainment room
  • Ground floor flat
  • Two double bedrooms
  • Bathroom
  • Secure gated parking
  • Large lounge with separate kitchen

Additional details

Parking
Yes

Description

GUIDE PRICE £200,000 - £220,000

Retirement Apartment

Available to move in to immediately, is this spacious two double bedroom apartment on the lower ground floor of Paxton Court available to those over the age of 60, providing direct access to the developments beautifully landscaped communal garden.

Well maintained throughout this property is perfect for anybody looking to move straight in and unpack into their new home.

A warm welcome awaits with a wide entrance hall that sets the tone for the space beyond. You'll find two generously sized built-in storage cupboards — perfect for coats, cleaning supplies, or even seasonal decorations — keeping your home clutter-free and organised.

Bright, peaceful, and spacious, the lounge features a large glazed door leading directly to the garden, Whether you're relaxing with a book, hosting visitors, or enjoying a cup of tea with the patio door open, this room offers calm and comfort. There's ample space for lounge furniture and dining table, creating a multifunctional living area tailored to your needs.

The separate fitted kitchen is compact yet thoughtfully laid out, offering plenty of worktop and cupboard space for all your cooking essentials. Finished with neutral cabinetry and modern fittings, it includes an integrated oven, hob, and space for additional appliances. The separation from the living room offers a clear divide between relaxing and cooking areas — perfect for those who still enjoy preparing meals.

Bedroom one features a great size double room, this generously sized space offers plenty of room for a double bed, side tables, and additional furniture. It also benefits from a built-in wardrobe, providing smart storage without compromising floor space. A peaceful retreat at the end of the day.

Bedroom 2 is an Ideal guest room, office, or hobby space, the second double bedroom is versatile and well-proportioned. Whether you have visiting grandchildren or want a space for crafts, reading, or working from home, this room adapts to your lifestyle.

The bathroom is fully tiled for easy maintenance and features a white suite including a bath with shower over, WC, and washbasin. Designed with practicality in mind, it's spacious, well-lit, and ready to use — with the potential for minor adaptations to suit individual mobility needs.

Benefits include; Care line system which controls door entry and monitoring of the fire alarms, a CCTV system allowing residents to see who is visiting before allowing them in to the building, secure gated parking, communal lounge and communal laundry room.

The development is located next to a row of shops, perfect for essential shopping. Just outside there are bus stops providing access to Eltham, Grove Park, Bromley and other towns with a much bigger variety of shops & supermarkets.

Green Spaces include Chinbrook Meadows, Foxes Field and Sundridge Park are all close by for those Sunday afternoon strolls.

Listed by

Blackheath Village

Spicerhaart

Reference: 167922086

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 06/05/2025

Expiry date: 05/05/2035

Current heating cost: £236/year

Potential heating cost: £187/year

Est. upgrade cost to C: £1,655

Recommendations

  • High heat retention storage heaters (£800 - £1,200)
  • Heat recovery system for mixer showers (£585 - £725)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location is outside the imported HM Land Registry INSPIRE registered freehold polygons.

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

33% since 2000

Event Date Price % change
Listed for sale £200,000 +66.7%
Sold 09/03/2026 (6 months ago) £120,000 -14.9%
Sold 28/08/2015 (11 years ago) £141,000 +56.7%
Sold 01/12/2000 (25 years ago) £90,000

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
ROBINS COURT FLAT 70 CHINBROOK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE12 9QN £195,000 26/08/2025 Flat
ROBINS COURT FLAT 48 CHINBROOK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE12 9QN £207,000 14/04/2025 Flat
ROBINS COURT FLAT 27 CHINBROOK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE12 9QW £250,000 15/12/2023 Flat
ROBINS COURT FLAT 69 CHINBROOK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE12 9QN £280,000 21/08/2023 Flat
ROBINS COURT FLAT 19 CHINBROOK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE12 9QW £283,000 14/08/2023 Flat
Same street PAXTON COURT FLAT 15 MARVELS LANE, LONDON, LEWISHAM, GREATER LONDON, SE12 9QQ £130,000 04/08/2023 Flat
ROBINS COURT FLAT 47 CHINBROOK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE12 9QN £292,500 06/07/2023 Flat
Same street PAXTON COURT FLAT 48 MARVELS LANE, LONDON, LEWISHAM, GREATER LONDON, SE12 9QQ £210,000 16/06/2023 Flat
ROBINS COURT FLAT 55 CHINBROOK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE12 9QN £283,000 04/04/2023 Flat
Same street PAXTON COURT FLAT 54 MARVELS LANE, LONDON, LEWISHAM, GREATER LONDON, SE12 9QQ £125,000 21/12/2022 Flat
VIXEN HEIGHTS 20 GROVE PARK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE9 4NU £575,000 21/12/2022 Flat
AVERY COURT, 81 FLAT G CHINBROOK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE12 9QL £475,000 19/12/2022 Flat
VIXEN HEIGHTS 14 GROVE PARK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE9 4NU £425,000 16/12/2022 Flat
VIXEN HEIGHTS 10 GROVE PARK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE9 4NU £425,000 30/11/2022 Flat
VIXEN HEIGHTS 4 GROVE PARK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE9 4NU £433,000 30/11/2022 Flat
VIXEN HEIGHTS 5 GROVE PARK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE9 4NU £330,000 16/11/2022 Flat
MERRYFIELD HOUSE FLAT 12 GROVE PARK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE9 4PR £195,000 21/10/2022 Flat
Same street PAXTON COURT FLAT 8 MARVELS LANE, LONDON, LEWISHAM, GREATER LONDON, SE12 9QQ £220,000 19/10/2022 Flat
ROBINS COURT FLAT 63 CHINBROOK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE12 9QN £310,000 10/10/2022 Flat
Same street PAXTON COURT FLAT 39 MARVELS LANE, LONDON, LEWISHAM, GREATER LONDON, SE12 9QQ £152,000 07/10/2022 Flat
VIXEN HEIGHTS 17 GROVE PARK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE9 4NU £340,000 01/09/2022 Flat
Same street PAXTON COURT FLAT 33 MARVELS LANE, LONDON, LEWISHAM, GREATER LONDON, SE12 9QQ £115,000 30/08/2022 Flat
VIXEN HEIGHTS 19 GROVE PARK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE9 4NU £535,000 24/08/2022 Flat
VIXEN HEIGHTS 9 GROVE PARK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE9 4NU £330,000 19/08/2022 Flat
AVERY COURT, 81 FLAT C CHINBROOK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE12 9QL £425,000 12/08/2022 Flat
VIXEN HEIGHTS 15 GROVE PARK ROAD, LONDON, LEWISHAM, GREATER LONDON, SE9 4NU £450,000 29/07/2022 Flat
Same street PAXTON COURT FLAT 25 MARVELS LANE, LONDON, LEWISHAM, GREATER LONDON, SE12 9QQ £201,000 11/07/2022 Flat
Same street PAXTON COURT FLAT 59 MARVELS LANE, LONDON, LEWISHAM, GREATER LONDON, SE12 9QQ £226,000 07/06/2022 Flat
Same street PAXTON COURT FLAT 21 MARVELS LANE, LONDON, LEWISHAM, GREATER LONDON, SE12 9QQ £121,500 17/12/2021 Flat
Same street PAXTON COURT FLAT 12 MARVELS LANE, LONDON, LEWISHAM, GREATER LONDON, SE12 9QQ £215,000 16/12/2021 Flat

Street average: £171,550 (10 sales)

Area average: £351,925 (20 sales)

Capital growth trend

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

5y growth 31%
10y growth 37.9%

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: £972/mo (Apr 2025 – Mar 2026)

Location

Address

Marvels Lane

Nearby

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

Type Name Distance
Bus stop Marvels Lane / Chinbrook Road 0.0 miles
Bus stop Marvels Lane 0.0 miles
Train station Grove Park 0.4 miles
Shop Coral 0.5 miles
Shop Sainsbury's Local 0.5 miles
Train station Mottingham 1.0 miles
Hospital Sloane Hospital 2.2 miles
University University of Greenwich 3.9 miles
Hospital King's College Hospital Emergency Department 5.9 miles
University Northeastern University London 6.8 miles

Street-level crime

Category Count
Violence and sexual offences 121
Anti-social behaviour 83
Vehicle crime 56
Drugs 22
Other theft 20
Public order 18
Shoplifting 13
Burglary 10
Robbery 5
Bicycle theft 4
Other crime 4
Theft from the person 3
Criminal damage and arson 1
Possession of weapons 1
Total incidents 361

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
Marvels Lane Primary School Primary 0.2 miles Good — 12 Sep 2016
Eltham College Other 0.5 miles (No rating)
St Vincent's Catholic Primary School Primary 0.6 miles Good — 24 Jan 2022
Cooper's Lane Primary School Primary 0.6 miles Good — 19 Apr 2012
Haberdashers' Knights Primary Primary 0.7 miles Good — 31 Jan 2024

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, Chinbrook Road, SE12 £2,150/mo 2 0.09 miles OpenRent
2 Bed Terraced House, Henry Cooper Way, SE9 £1,700/mo 2 0.25 miles OpenRent
2 Bed Flat, Luffman Road, SE12 £1,500/mo 2 0.26 miles OpenRent
2 Bed Terraced House, Alice Thompson Close, SE12 £1,800/mo 2 0.26 miles OpenRent
2 Bed Flat, Marvels Lane, SE12 £1,695/mo 2 0.27 miles OpenRent
2 Bed Flat, Amblecote Close, SE12 £1,700/mo 2 0.29 miles OpenRent
2 Bed Flat, Amblecote Road, SE12 £1,750/mo 2 0.32 miles OpenRent
2 Bed Terraced House, Pennington Way, SE12 £1,900/mo 2 0.36 miles OpenRent
2 Bed Terraced House, Castleton Road, SE9 £1,850/mo 2 0.4 miles OpenRent
2 Bed Flat, Stratfield House, SE12 £1,750/mo 2 0.64 miles OpenRent

Average rent: £1,780/mo (10 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 12.2% gross yield avg £166,864 sale, £1,695/mo rent
Rent ratio 0.88%
Max investor price (0.8%) £218,750
Target investor price (1%) £175,000
Gross yield 10.5%
Cost-to-rent ratio 9.5×
Monthly cashflow £762/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 15.8%
  • 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).