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2 bed flat for sale Penistone Road, Streatham Common, SW16

Asking Price

£575,000

Added on 03/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £668 per sq ft
Tenure: Share of freehold

Council tax Band D £2,047 a year

Key features

No onward chain
Large private garden
Spacious open-plan living
Two double bedrooms
Two bathrooms/shower room
EPC rating C

About this property

Ideally positioned in Streatham Common, the flat offers an excellent balance of green space and city convenience. Independent cafés, pubs, restaurants and shops are within easy reach, while nearby stations offer direct Southern and Thameslink services into central London.

Its close proximity to the Common and The Rookery Gardens makes it especially appealing to families, as well as couples and professionals. These include high-performing local schools, modern gyms and fitness studios, a leisure centre with swimming pool and ice rink, cinema and an excellent selection of independent coffee shops, restaurants, cafes and pubs which are all within walking distance.

Floorplan

Council tax

Band D £2,047 a year

Per year

Band A

£1,365
Band B

£1,592
Band C

£1,820
Band D

This home: £2,047
Band E

£2,502
Band F

£2,957
Band G

£3,412
Band H

£4,094

This home is in band D, which costs £2,047 a year in Lambeth for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Lambeth, 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. Check a home's band on GOV.UK.

Price guide

100 comparables · within 0.9 miles

Priced above 96% of the 2-bed flats for sale nearby right now.

This home, £575,000 Median £400,000 · £300,000 – £525,000

Per square foot

£668 18% over

2-bed flats nearby £567

Against sold prices

14% over

SW16 sold median £585 / sq ft, 1,730 sales

Compared with 100 2-bed flats for sale within 0.9 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 SW16 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in SW16 →

Location

Penistone Road, Streatham Common, SW16

Open map Street View

Mortgage and stamp duty

Property price £575,000

£287k £863k

Deposit10% £58,000

£0 £575k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £517,000 mortgage. Most lenders would want a household income of about £115,000 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
First Floor Flat, 15, Penistone Road Flat / maisonette	Flat / maisonette	Jan 2025	420 sq ft £929/sq ft	420 sq ft	£929	£390,000
2, Penistone Road Terraced	Terraced	Oct 2024	1,302 sq ft £514/sq ft	1,302 sq ft	£514	£670,000
12, Penistone Road Terraced	Terraced	Jun 2021	1,389 sq ft £522/sq ft	1,389 sq ft	£522	£725,000
24, Penistone Road Terraced	Terraced	Mar 2021	1,711 sq ft £438/sq ft	1,711 sq ft	£438	£750,000
17, Penistone Road Terraced	Terraced	Sept 2020	1,755 sq ft £420/sq ft	1,755 sq ft	£420	£737,000
28, Penistone Road Terraced	Terraced	Nov 2019	1,528 sq ft £474/sq ft	1,528 sq ft	£474	£725,000
28, Penistone Road Terraced	Terraced	Dec 2015	1,528 sq ft £412/sq ft	1,528 sq ft	£412	£630,000
18, Penistone Road Terraced	Terraced	Oct 2015	1,399 sq ft £457/sq ft	1,399 sq ft	£457	£640,000