# 1 bedroom flat for rent (SE2 9FB) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 55, CRANE COURT, 2, KITE CLOSE, LONDON, GREATER LONDON SE2 9FB | | Price | £1,646 pcm | | Bedrooms | 1 | | Bathrooms | 1 | | Floor area | 51 m² | | Last sold | £331,200 Jan 2023 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** B - **Expiry date:** 01/11/2032 - **Current heating cost:** £166/year [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/4832-9039-0109-0532-5202) ## Description "Experience Cosy London Living at Crane Court 2" Key Features: 1. Close to Abbey Wood station. 2. A selection of highly rated nearby supermarkets including Bethel Mini Mart, Premier, Sainsbury's, Lidl, and Limestone Supermarket. 3. A short stroll to parks such as Southmere Lake and Southmere Square. 4. Fully furnished with amenities including a washing machine, oven, fridge, microwave, TV, dishwasher, balcony, and concierge service among others. Welcome to Crane Court 2, your personal haven in the heart of London. Located a stone's throw from the Abbey Wood station, this property provides effortless access to the heart of the city. The apartment is fully furnished with modern conveniences such as a washing machine, oven, fridge, microwave, TV, dishwasher, and much more for a comfortable stay. Crane Court 2 is within close proximity to a selection of highly rated supermarkets - Bethel Mini Mart, Premier, Sainsbury's, Lidl, and Limestone Supermarket, catering to all your daily needs. Enjoy the local cuisine at The Thamesmead Social, a highly-rated restaurant nearby. Not to mention, the beautiful parks in the vicinity - Southmere Lake and Southmere Square, perfect for leisurely strolls or morning jogs. Experience true London living with a touch of comfort and convenience at Crane Court 2. Secure this premium living space now for a quintessentially British experience. ## Property Photos - ![Images](/listings/photos/170700017/302725) - Images - ![Images](/listings/photos/170700017/302726) - Images - ![Images](/listings/photos/170700017/302727) - Images - ![Images](/listings/photos/170700017/302729) - Images - ![Images](/listings/photos/170700017/302730) - Images - ![Images](/listings/photos/170700017/302731) - Images - ![Images](/listings/photos/170700017/302732) - Images - ![Images](/listings/photos/170700017/302739) - Images - ![Images](/listings/photos/170700017/302742) - Images - ![Images](/listings/photos/170700017/302748) - Images - ![Images](/listings/photos/170700017/302750) - Images - ![Images](/listings/photos/170700017/302751) - Images - ![Images](/listings/photos/170700017/302752) - Images - ![Images](/listings/photos/170700017/302753) - Images - ![Images](/listings/photos/170700017/302754) - Images - ![Images](/listings/photos/170700017/302755) - Images - ![Images](/listings/photos/170700017/302756) - Images - ![Images](/listings/photos/170700017/302757) - Images - ![Images](/listings/photos/170700017/302758) - Images - ![Images](/listings/photos/170700017/302759) - Images - ![Images](/listings/photos/170700017/302760) - Images - ![Images](/listings/photos/170700017/302761) - Images - ![Images](/listings/photos/170700017/302762) - Images - ![Images](/listings/photos/170700017/302763) - Images - ![Images](/listings/photos/170700017/302764) - Images - ![Images](/listings/photos/170700017/302765) - Images - ![Images](/listings/photos/170700017/302766) - Images ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | CRANE COURT, 2 FLAT 55 KITE CLOSE, LONDON, BEXLEY, GREATER LONDON, SE2 9FB | £331,200 | 05/01/2023 | 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 | |---------|-------|------|------| | 131 HARROW MANORWAY, LONDON, GREENWICH, GREATER LONDON, SE2 9XJ | £300,000 | 14/01/2026 | Flat | | DUTTON HOUSE 22 SOUTHMERE DRIVE, LONDON, BEXLEY, GREATER LONDON, SE2 9AE | £285,000 | 30/01/2025 | Flat | | CRANE COURT, 112 FLAT 192 HARROW MANORWAY, LONDON, BEXLEY, GREATER LONDON, SE2 9FF | £455,000 | 28/06/2024 | Flat | | CRANE COURT, 112 FLAT 187 HARROW MANORWAY, LONDON, BEXLEY, GREATER LONDON, SE2 9FF | £500,000 | 23/08/2023 | Flat | | 27 HINKSEY PATH, LONDON, BEXLEY, GREATER LONDON, SE2 9TB | £235,000 | 10/08/2023 | Flat | | DUTTON HOUSE 31 SOUTHMERE DRIVE, LONDON, BEXLEY, GREATER LONDON, SE2 9AE | £123,000 | 28/07/2023 | Flat | | CRANE COURT, 3 FLAT 102 WAGTAIL WALK, LONDON, BEXLEY, GREATER LONDON, SE2 9FD | £381,500 | 16/06/2023 | Flat | | CRANE COURT, 3 FLAT 94 WAGTAIL WALK, LONDON, BEXLEY, GREATER LONDON, SE2 9FD | £121,500 | 02/05/2023 | Flat | | CRANE COURT, 2 FLAT 19 KITE CLOSE, LONDON, BEXLEY, GREATER LONDON, SE2 9FB | £315,000 | 31/03/2023 | Flat | | CRANE COURT, 2 FLAT 58 KITE CLOSE, LONDON, BEXLEY, GREATER LONDON, SE2 9FB | £370,000 | 16/03/2023 | Flat | | CRANE COURT, 112 FLAT 183 HARROW MANORWAY, LONDON, BEXLEY, GREATER LONDON, SE2 9FF | £337,500 | 08/03/2023 | Flat | | CRANE COURT, 2 FLAT 44 KITE CLOSE, LONDON, BEXLEY, GREATER LONDON, SE2 9FB | £310,000 | 23/12/2022 | Flat | | CRANE COURT, 2 FLAT 39 KITE CLOSE, LONDON, BEXLEY, GREATER LONDON, SE2 9FB | £292,800 | 22/12/2022 | Flat | | CRANE COURT, 2 FLAT 2 KITE CLOSE, LONDON, BEXLEY, GREATER LONDON, SE2 9FB | £328,300 | 22/12/2022 | Flat | | CRANE COURT, 2 FLAT 46 KITE CLOSE, LONDON, BEXLEY, GREATER LONDON, SE2 9FB | £420,650 | 22/12/2022 | Flat | | CRANE COURT, 2 FLAT 65 KITE CLOSE, LONDON, BEXLEY, GREATER LONDON, SE2 9FB | £360,000 | 22/12/2022 | Flat | | CRANE COURT, 2 FLAT 8 KITE CLOSE, LONDON, BEXLEY, GREATER LONDON, SE2 9FB | £287,500 | 21/12/2022 | Flat | | CRANE COURT, 2 FLAT 25 KITE CLOSE, LONDON, BEXLEY, GREATER LONDON, SE2 9FB | £300,000 | 21/12/2022 | Flat | | CRANE COURT, 2 FLAT 18 KITE CLOSE, LONDON, BEXLEY, GREATER LONDON, SE2 9FB | £287,000 | 21/12/2022 | Flat | | CRANE COURT, 2 FLAT 15 KITE CLOSE, LONDON, BEXLEY, GREATER LONDON, SE2 9FB | £288,000 | 21/12/2022 | Flat | **Area average:** £314,888 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £281,900 (13 Flat, SE2, 2024–2026) - **Deviation:** -99.4% ## Rental Range *ONS Price Index of Private Rents (Bexley). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,375/mo - **Realistic:** £1,528/mo - **Optimistic:** £1,681/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Peterborough (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £573/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, Bledlow Close, SE28 | £1,300/mo | 1 | 0.63 miles | OpenRent | | 1 Bed Flat, Thamesmead, SE28 | £1,350/mo | 1 | 0.63 miles | OpenRent | **Average rent: £1,325/mo (2 listings)** ## 1% Rule - **Rent ratio:** 80.5% (strong) - **Max investor price (0.8%):** £165,625 - **Target investor price (1%):** £132,500 *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 £1,325/mo).* - **Gross yield:** 966% - **Cost-to-rent:** 0.1× - **Monthly cashflow:** £1,161/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 2918.7% *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).* ## Price per Square Metre - **£/m²:** £32/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 16.3% - **10y growth:** 3.2% ## House Price Index (HM Land Registry) *Official index for Bexley; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -2.3% - **5y growth (index):** 4.2% - **10y growth (index):** 18.5% ## 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)