New home

1/14

New home

1/14

2 bed flat for sale Overton Road, London, SE2

Asking price

£400,000

Added on 02/10/2026

New home

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £489 per sq ft
Tenure: Leasehold

Key features

Part of an award-winning regeneration project
Vibrant lakeside community in SE2
Residents' concierge, lounge, cinema room and co-working space
Anytime Fitness and more on-site
Elizabeth line from Abbey Wood station nearby

About this property

BRAND-NEW 2-BEDROOM APARTMENT | £400,000 | APPROX. £70,000 BELOW COMPARABLE DEVELOPER PRICING

Pre-completion assignment opportunity at Southmere, Thamesmead – Plot A0403

An opportunity to acquire a brand-new, two-bedroom apartment at Southmere for £400,000. That is approximately £70,000 below Peabody's advertised price of £470,000 for comparable two-bedroom apartments at Southmere (as at 13 October 2026). Floor, aspect and other details will vary between apartments. The price reflects the pre-completion assignment structure.

Council tax

Ask agent

Per year

Band A

£1,578
Band B

£1,841
Band C

£2,103
Band D

£2,366
Band E

£2,892
Band F

£3,418
Band G

£3,944
Band H

£4,733

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Bexley, 2026/27 bills run from £1,578 a year in band A to £4,733 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Bexley, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Property timeline

Listed

October 2026 £400,000

2 beds · 1 bath · this listing

Price guide

100 comparables · within 2.2 miles

Priced above 64% of the 2-bed flats for sale nearby right now.

This home, £400,000 Median £350,000 · £250,000 – £490,700

Per square foot

£489 2% over

2-bed flats nearby £481

Against sold prices

3% over

SE2 sold median £476 / sq ft, 373 sales

Compared with 100 2-bed flats for sale within 2.2 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in SE2 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in SE2 →

Location

Overton Road, London, SE2

Open map Street View

Mortgage and stamp duty

Property price £400,000

£200k £600k

Deposit10% £40,000

£0 £400k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £360,000 mortgage. Most lenders would want a household income of about £80,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
19, Overton Road Semi-detached	Semi-detached	Jul 2016	926 sq ft £454/sq ft	926 sq ft	£454	£420,500
1, Overton Road Terraced	Terraced	Jan 2011	743 sq ft £199/sq ft	743 sq ft	£199	£147,500
19, Overton Road Flat / maisonette	Flat / maisonette	Jun 2009	926 sq ft £259/sq ft	926 sq ft	£259	£240,000
27, Overton Road Flat / maisonette	Flat / maisonette	Dec 2008	753 sq ft £198/sq ft	753 sq ft	£198	£149,000
5, Overton Road Terraced	Terraced	Dec 2007	872 sq ft £289/sq ft	872 sq ft	£289	£252,000
21, Overton Road Flat / maisonette	Flat / maisonette	Jun 2003	764 sq ft £144/sq ft	764 sq ft	£144	£109,995
25, Overton Road Flat / maisonette	Flat / maisonette	Apr 2003	764 sq ft £152/sq ft	764 sq ft	£152	£116,000
27, Overton Road Flat / maisonette	Flat / maisonette	Jul 2002	753 sq ft £122/sq ft	753 sq ft	£122	£91,995