Sold STC Flat

FLAT 18

RICHLAND HOUSE, GOLDSMITH ROAD, LONDON, GREATER LONDON SE15 5SZ

2 beds 1 baths 700 sq ft Listed 22 Mar 2025 (-454d)

£375,000

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Property details

Tenure

LEASEHOLD

Floor area

65 m²

Council tax band

B

EPC rating

C

Year built

England and Wales: 1930-1949

Last sold

£357,500 Jan 2026

Price per m²

£5,769/m²

Local average

£423,106 (-11.4%)

Deprivation

Decile 3 (6,846 of 33,755)

Street crime

1196 incidents within 1 mile (Apr 2026)

Key features

  • Private balcony
  • Two double bedrooms
  • Separate kitchen
  • Secure development
  • Good condition throughout
  • Wood flooring

Additional details

Garden
Yes

Description

An ideal first-time buy, this spacious, two-bedroom apartment is set on the second floor and features its own private balcony.

Upon entering through the secure main entrance with phone entry, you ascend to the second floor, where far-reaching views of London await right from your doorstep.

The apartment boasts wooden block flooring to majority of rooms, beginning in the entrance hall. Immediately to your left is a separate WC, while to your right, the first of two well-proportioned double bedrooms includes built-in storage. Adjacent is the primary double bedroom, which overlooks the peaceful heart of the development, offering a tranquil retreat.

The bright and airy reception room features a charming fireplace and access to a private balcony overlooking the internal courtyard. A convenient additional storage unit is also available.

The galley-style kitchen provides ample storage, while the main bathroom is complete with a bathtub and overhead shower.

While the property is in good order. There is room for improvement making it ideal for first time buyer looking to make their own stamp. It would also make a perfect investment opportunity.

The property is ideally situated near Queens Road, Peckham Rye, and Nunhead, an area rapidly evolving into a local hotspot for both residents and visitors alike (who would've thought Peckham would become a tourist destination!). The neighbourhood is brimming with trendy new restaurants and is well-served by essential shops, including a Sainsbury's and Tesco. Just five minutes from your doorstep are some of the best restaurants South East London has to offer. Kudu, a family-run gem that started on Queens Road, has earned a Michelin Bib Gourmand and expanded to include two local restaurants, a cocktail bar beneath the famous railway arches, and a grill in Nunhead.

After exploring the Kudu collective, there's plenty more to discover. Continue up Queens Road and stop at Beer Rebellion, then head a few doors down to Peckham Cellars-another Michelin Bib Gourmand winner. While these spots are just steps away, the options nearby are endless.

Nunhead, Peckham, and Rye Lane are all within walking distance, home to vibrant venues like Peckham Plex, Peckham Pulse, and Peckham Levels, a creative hub spread across six floors.

Peckham's appeal has long been its abundant green spaces, offering a sense of escape despite its central location. Nearby, Peckham Rye Park is one of London's most charming green spaces, with formal gardens, a café, a pond, and open fields. For more greenery, head to historic Telegraph Hill, where you'll find two parks, tennis courts, and panoramic views of London. The Hill Station café and arts hub on Kitto Road is a local favourite.

Your nearest station, Queens Road Peckham, is located in Zone 2 and features a Blackbird Bakery under the railway arch. The station offers convenient connections via the London Overground, with just two quick stops to London Bridge and The Shard, among many other


Service charge - approx. £2251 PA (2025 - 2026)
Ground rent - £10 PA
Lease length - Approx. 102 years
Council tax band - B - Southwark Council

Listed by

South East London

GJM Property Ltd

Reference: 159735050

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 18/03/2025

Expiry date: 17/03/2035

Current heating cost: £472/year

Potential heating cost: £290/year

Est. upgrade cost to C: £9,000

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Flat 18, Richland House, Goldsmith Road, SE15 5SZ.

Flat 18, Richland House, Goldsmith Road, SE15 5SZ.

EPC Graphs

EE Rating

EE Rating

Price history

18% since 2015

Event Date Price % change
Sold 30/01/2026 (4 months ago) £357,500 +17.7%
Sold 24/07/2015 (10 years ago) £303,700

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
114 FLAT 7 PECKHAM HIGH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE15 5ED £230,000 27/11/2025 Flat
GAUMONT HOUSE, 1 FLAT 12 STAFFORDSHIRE STREET, LONDON, SOUTHWARK, GREATER LONDON, SE15 5TS £188,000 02/09/2025 Flat
ANGELINA HOUSE FLAT 22 GOLDSMITH ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE15 5UB £268,000 19/08/2025 Flat
GAUMONT HOUSE, 93 FLAT 12 MARMONT ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE15 5TL £360,000 28/09/2023 Flat
92 NEVILLE CLOSE, LONDON, SOUTHWARK, GREATER LONDON, SE15 5UF £265,000 28/07/2023 Flat
92 NEVILLE CLOSE, LONDON, SOUTHWARK, GREATER LONDON, SE15 5UF £275,000 28/07/2023 Flat
WAKEFIELD HOUSE FLAT 34 GOLDSMITH ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE15 5ST £448,000 19/07/2023 Flat
47A GOLDSMITH ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE15 5TF £584,000 14/07/2023 Flat
32 WENTWORTH CRESCENT, LONDON, SOUTHWARK, GREATER LONDON, SE15 5UG £400,000 16/06/2023 Flat
66 FLAT B PECKHAM HILL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE15 5JY £640,000 14/12/2022 Flat
7 WILMOT CLOSE, LONDON, SOUTHWARK, GREATER LONDON, SE15 6UA £450,000 21/11/2022 Flat
HARDCASTLE HOUSE FLAT 6 MARMONT ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE15 5TA £220,000 21/11/2022 Flat
38 FLAT 1 GOLDSMITH ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE15 5TN £375,000 18/11/2022 Flat
66 FLAT A PECKHAM HILL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE15 5JY £627,500 04/11/2022 Flat
66 FLAT C PECKHAM HILL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE15 5JY £486,000 27/10/2022 Flat
66 FLAT D PECKHAM HILL STREET, LONDON, SOUTHWARK, GREATER LONDON, SE15 5JY £485,000 26/10/2022 Flat
22B FURLEY ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE15 5UQ £350,000 10/10/2022 Flat
96 FLAT 1 PECKHAM HIGH STREET, LONDON, SOUTHWARK, GREATER LONDON, SE15 5ED £415,000 04/10/2022 Flat
Same street RICHLAND HOUSE FLAT 13 GOLDSMITH ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE15 5SZ £350,000 23/09/2022 Flat
WAKEFIELD HOUSE FLAT 32 GOLDSMITH ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE15 5ST £375,000 24/06/2022 Flat
WAKEFIELD HOUSE FLAT 43 GOLDSMITH ROAD, LONDON, SOUTHWARK, GREATER LONDON, SE15 5ST £420,000 14/04/2022 Flat

Street average: £350,000 (1 sale)

Area average: £393,075 (20 sales)

Capital growth trend

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

5y growth -7.4%
10y growth 12.7%

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

1y (index) -4.7%
5y (index) -5%
10y (index) -8.3%

Rental Range

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

Low £2,156/mo
Realistic £2,395/mo
Optimistic £2,635/mo

Based on Local Authority from postcode lookup → Southwark.

LHA (30th percentile) floor for Stevenage & North Herts: £972/mo (Apr 2025 – Mar 2026)

Location

Address

Goldsmith Road

Nearby

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

Type Name Distance
Bus stop Peckham Library 0.1 miles
Shop Nollywood Barbing Salon 0.1 miles
Shop Express Tailor 0.1 miles
Train station Peckham Rye 0.4 miles
Train station Queens Road Peckham 0.5 miles
Hospital Dental Hospital 1.2 miles
Hospital King's College Hospital Emergency Department 1.2 miles
University University of Wales Trinity Saint David London Campus 1.8 miles
University University Library 2.1 miles

Street-level crime

Category Count
Anti-social behaviour 283
Violence and sexual offences 274
Theft from the person 96
Vehicle crime 95
Other theft 92
Burglary 71
Shoplifting 51
Robbery 48
Drugs 47
Public order 46
Criminal damage and arson 43
Bicycle theft 27
Other crime 12
Possession of weapons 11
Total incidents 1196

Within 1 mile during Apr 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
Harris Primary Academy Peckham Park Primary 0.1 miles Good — 23 Apr 2018
Nell Gwynn Nursery School Nursery 0.1 miles Good — 22 Sep 2023
St James the Great Roman Catholic Primary School Primary 0.2 miles Good — 2 May 2017
Cherry Garden School Other 0.3 miles Outstanding — 25 Jun 2015
John Donne Primary School Primary 0.3 miles Good — 28 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, Ground Floor, SE15 £2,500/mo 2 0.12 miles OpenRent
2 Bed Flat, Friary Road, SE15 £2,100/mo 2 0.17 miles OpenRent
2 Bed Flat, Peckham Hill Street, SE15 £2,700/mo 2 0.27 miles OpenRent

Average rent: £2,433/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.67%
Max investor price (0.8%) £312,500
Target investor price (1%) £250,000
Gross yield 8%
Cost-to-rent ratio 12.5×
Monthly cashflow £748/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 8.3%
  • 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).