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1/7
£140,000
POA

2 bed flat for sale Drake Crescent, London, SE28 8PZ

2 beds 1 bath Flat
For sale by auction Tenure: ask agent

Added yesterday

About this property

Please Quote Reference number CC1197: A bright and beautifully presented top-floor flat in excellent condition This spacious 2-bedroom apartment offers excellent value with allocated parking in a quiet residential location. · Accommodation: 1 double bedroom, 1 single bedroom, spacious living room, modern kitchen, bathroom & entrance hall · Key Features: Top floor position, double glazing, allocated parking, excellent natural light · Condition: Very good Location & Transport Just 10 minutes by car to Abbey Wood Elizabeth Line (Crossrail) station and 15 minutes to Woolwich Arsenal. Excellent links to Canary Wharf, London Bridge and central London.

Key features

  • For All Enquiries Quote CC1197
  • Top Floor Position – Offers greater privacy and often better natural light.
  • Excellent Decorative Order – Well-presented and ready to move into or rent.
  • Allocated Parking Space – A highly desirable feature in London
  • Double Glazing – Improves energy efficiency and reduces noise.
  • Spacious & Practical Layout – Two bedrooms (1 double + 1 single), generous living room and separate kitchen.
  • Approx. 538 sq ft – Generous size for a 2-bedroom flat.
  • Quiet Cul-de-Sac Location – Peaceful residential setting
  • Excellent Transport Links – 10 mins to Abbey Wood Elizabeth Line
  • Strong Investment Potential – Up-and-coming area with regeneration and solid rental demand

Floorplan

Energy performance

Energy rating band D 63
Current
Potential
92+
A
81-91
B
69-80
C
Potential rating: 73 C
55-68
D
Current rating: 63 D
39-54
E
21-38
F
1-20
G

This home is rated band D, scoring 63 out of 100. The average British home is band D. Its certificate says it could reach band C (73) if the improvements it recommends were carried out.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

Price guide

This home
£271 / sq ft
Area average (sold)
£478 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£271 per sq ft, below almost all recent sales in SE28 (£338–£614, 10th–90th percentile, 375 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 375 homes sold in SE28 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in SE28 →

Location

Drake Crescent, London, SE28 8PZ

Council tax
Band D (Approx £2,108/year)

Mortgage and stamp duty

Property price £140,000
£70k £210k
Deposit10% £14,000
£0 £140k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £126,000 mortgage. Most lenders would want a household income of about £28,000 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.

Historic sold prices nearby

HM Land Registry sales in SE28 8PZ. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
35, Drake Crescent Flat / maisonetteFeb 2023549 sq ft £419/sq ft£230,000
30, Drake Crescent Flat / maisonetteJun 2022592 sq ft £294/sq ft£174,000
37, Drake Crescent Flat / maisonetteFeb 2018538 sq ft £372/sq ft£200,000
32, Drake Crescent Flat / maisonetteFeb 2016538 sq ft £310/sq ft£167,000
35, Drake Crescent Flat / maisonetteSept 2015549 sq ft £301/sq ft£165,000
31, Drake Crescent Flat / maisonetteOct 2008538 sq ft £225/sq ft£121,200
33, Drake Crescent Flat / maisonetteAug 2007527 sq ft £252/sq ft£133,000
35, Drake Crescent Flat / maisonetteAug 2004549 sq ft £246/sq ft£135,000

All sold prices in Greenwich →

Area insights

The neighbourhood around this property.

Marketed by
eXp UK, Curtis Christie
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