# 2 bedroom flat for sale (SE14 5NW)

## Property Details

| Key | Value |
|-----|-------|
| Address | 56C, JERNINGHAM ROAD, LONDON, GREATER LONDON SE14 5NW |
| Price | £580,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Last sold | £560,000 Mar 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 30/09/2029
- **Current heating cost:** £587/year

### Recommendations
- A (350)
- Q (14,000)
- D (120)
- E (10)
- I (3,000)
- O (6,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9955-2829-6206-9001-8965)

## Description

Located on one of the most sought-after streets in New Cross, this beautifully presented two bedroom  flat offers an exceptional blend of period charm and contemporary living. Set within an elegant Victorian townhouse on Jerningham Road, this spacious home benefits from well-proportioned interiors and a recent refurbishment. Step inside to discover contemporary finishes, large sash windows, and beautiful flooring. The heart of the home is the generously sized reception room, ideal for relaxing or hosting. The two bedrooms overlook the city, providing a peaceful outlook.

Ideally positioned within the Jerningham Road Conservation Area, the property is moments from Telegraph Hill parks, outstanding local schools, and an array of independent cafés and shops. New Cross Gate station is a 1 minute walk, providing excellent transport links to London Bridge, Shoreditch, and beyond.

**Tenure:** Share Of Freehold **Lease Years Remaining:** 105

**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/172321340/1639069)
- ![Photo](/listings/photos/172321340/1639070)
- ![Photo](/listings/photos/172321340/1639071)
- ![Photo](/listings/photos/172321340/1639072)
- ![Photo](/listings/photos/172321340/1639073)
- ![Photo](/listings/photos/172321340/1639074)
- ![Photo](/listings/photos/172321340/1639075)
- ![Photo](/listings/photos/172321340/1639076)

## Floorplans

- ![Floorplan 1](/listings/photos/172321340/1639077) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/172321340/1639078) - EPC 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 56C JERNINGHAM ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NW | £560,000 | 20/03/2026 | Flat |
| 56C JERNINGHAM ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NW | £457,000 | 24/01/2020 | 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 |
|---------|-------|------|------|
| HAWTHORN HOUSE FLAT 1 ST DONATTS ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 6NS | £410,000 | 28/01/2026 | Flat |
| 34A ARBUTHNOT ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NP | £418,000 | 07/01/2026 | Flat |
| 24B MUSGROVE ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5PW | £612,000 | 17/12/2025 | Flat |
| [Same street] 46 JERNINGHAM ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NW | £1,655,000 | 29/10/2025 | Semi-detached |
| 129 FLAT 1 JERNINGHAM ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NJ | £497,000 | 17/09/2025 | Flat |
| 88 FLAT B PEPYS ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5SD | £500,000 | 22/11/2024 | Flat |
| 97 FLAT 2 JERNINGHAM ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NH | £500,000 | 15/12/2023 | Flat |
| 65 FLAT 1 ARBUTHNOT ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NP | £320,000 | 10/11/2023 | Flat |
| 23B JERNINGHAM ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NQ | £615,000 | 28/07/2023 | Flat |
| 130 FLAT 3 JERNINGHAM ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NL | £595,000 | 21/07/2023 | Flat |
| 89A PEPYS ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5SE | £905,000 | 19/07/2023 | Flat |
| 106B ST DONATTS ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 6NT | £316,000 | 24/03/2023 | Flat |
| 30C ARBUTHNOT ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NP | £665,000 | 21/12/2022 | Flat |
| 110A SHARDELOES ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 6RS | £397,950 | 28/11/2022 | Flat |
| 15C MUSGROVE ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5PP | £500,000 | 11/11/2022 | Flat |
| 1 LOWER FLOOR MUSGROVE ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5PP | £660,000 | 27/10/2022 | Flat |
| 23B VESTA ROAD, LONDON, LEWISHAM, GREATER LONDON, SE4 2NJ | £425,000 | 25/10/2022 | Flat |
| [Same street] 48 FLAT 2 JERNINGHAM ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NW | £510,000 | 07/10/2022 | Flat |
| 63B JERNINGHAM ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NH | £660,000 | 07/10/2022 | Flat |
| 91D PEPYS ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5SE | £528,000 | 03/10/2022 | Flat |
| 9A SANDBOURNE ROAD, LONDON, LEWISHAM, GREATER LONDON, SE4 2NP | £578,500 | 27/09/2022 | Flat |
| HARNEY COURT FLAT 1 OMMANEY ROAD, NEW CROSS, LONDON, LEWISHAM, GREATER LONDON, SE14 5NR | £330,000 | 21/09/2022 | Flat |
| [Same street] 90A JERNINGHAM ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NW | £711,000 | 31/08/2022 | Flat |
| [Same street] 48 BASEMENT FLAT JERNINGHAM ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NW | £565,000 | 11/08/2022 | Flat |
| [Same street] 72 JERNINGHAM ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NW | £1,560,000 | 21/07/2022 | Semi-detached |
| [Same street] 88A JERNINGHAM ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NW | £536,500 | 07/01/2022 | Flat |
| [Same street] 80 BASEMENT FLAT JERNINGHAM ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NW | £435,000 | 26/10/2021 | Flat |
| [Same street] 70 JERNINGHAM ROAD, LONDON, LEWISHAM, GREATER LONDON, SE14 5NW | £1,506,080 | 03/09/2021 | Semi-detached |

**Street average:** £934,823 (8 sales)
**Area average:** £521,623 (20 sales)

## Price vs local average

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

- **Local average:** £332,032 (39 Flat, SE14, 2024–2026)
- **Deviation:** +74.7%

## Rental Range

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

- **Low:** £1,643/mo
- **Realistic:** £1,825/mo
- **Optimistic:** £2,008/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, Erlanger House, SE14 | £2,750/mo | 2 | 0.33 miles | OpenRent |
| 2 Bed Flat, Parkfield Road, SE14 | £2,200/mo | 2 | 0.4 miles | OpenRent |

**Average rent: £2,475/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.43% (weak for cashflow)
- **Max investor price (0.8%):** £309,375
- **Target investor price (1%):** £247,500

*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 £2,475/mo).*

- **Gross yield:** 5.1%
- **Cost-to-rent:** 19.5×
- **Monthly cashflow:** £-82/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -0.6%

*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:** £7,733/m²

## Capital growth trend

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

- **5y growth:** -20.1%
- **10y growth:** 2.2%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -2.9%
- **5y growth (index):** 0.2%
- **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)