Roof Space at 41 Peckham Road, Southwark, London, SE5 8UH

Lot 97 · SE5 8UH · Auction House London · London

£275,000guide price
Commercial
Roof Space at 41 Peckham Road, Southwark, London, SE5 8UH
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low confidence, Auction listing enrichment

Freehold listed

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About this lot

A Freehold Ground Rent Investment Arranged to Provide Nine Flats (All Sold Off) Producing a Ground Rent of £2,925 Per Annum. Offered with Planning Permission for the Roof Space to Erect a Single Storey Extension to Create Three Flats (2 x One Bedroom & 1 x Two Bedroom); Commercial Development; Freehold

Roof Space at 41 Peckham RoadSouthwark, London, SE5 8UH£275,000+Guide Price (plus fees)AllA Freehold Ground Rent Investment Arranged to Provide Nine Flats (All Sold Off) Producing a Ground Rent of £2,925 Per Annum. Offered with Planning Permission for the Roof Space to Erect a Single Storey Extension to Create Three Flats (2 x One Bedroom & 1 x Two Bedroom)DescriptionThe property comprises a freehold ground rent investment arranged to provide nine flats (all sold off) situated in an end of terrace building arranged over ground and three upper floors.TenureFreeholdLocationThe property is situated on a residential road close to local shops and amenities. The open spaces of Brunswick Park are within easy reach. Transport links are provided by Queens Road overground station and rail station. PlanningSouthwark Borough Council granted the following planning permission (ref: 23/AP/2644) on 29th November 2023 : 'Details of Condition 4 (Construction Environmental Management Plan (CEMP)) pursuant to planning permission 20/AP/1951 granted on for: (Construction of a one storey extension to enable the creation of an additional three residential units)'. The planning has been implemented. Refer to legal pack.TenancyEach flat is sold off on a 125 year lease from 2016 at a ground rent of £325 per annum.Financial ToolsyieldmortgageYour estimated rental returnsGross yield0.0%Net yield0.0%Annual…

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Key facts

97Lot number
CommercialUse class
FreeholdTenure
£3K/yrPassing income
11 June 2026Auction date

Planning activity nearby

728 planning applications on record within 250m of this lot, including on the same street. Recent local decisions are a fast read on what the council will and won't permit here.

Unit 1A Vanguard Court Rear Of 36 To 38 Peckham Road London Southwark SE5 8QTVariation of Conditions 1 (Approved plans) pursuant to planning permission 25/AP/2903 (Construction of a first-floor roof extension to provide 5 additional light industrial (Class E(g)(iii)) studio/workshop units, together with associated access via external staircase and a green roof area.) Amendment sought: To amend the approved roof covering material to standing seam metal roofing, addition of 8No. rooflights, and revision to the material of the approved external staircase.Jul 2026UndecidedCamberwell School Of Arts And Crafts 61 - 65 Peckham Road London Southwark SE5 8UFListed building consent for the installation of a Cat ladder and edge protection to a section of the first floor pitched roof on the north and west elevations of Block DJun 2026UndecidedCamberwell School Of Arts And Crafts 61 - 65 Peckham Road London Southwark SE5 8UFListed building consent to replace defective metal Crittal single glazed windows with a modern alternative. New windows to be painted metal and match the external appearance of the original, with double glazing units.Jun 2026UndecidedSouthwark Town Hall Peckham Road London Southwark SE5 8UBSection 73 application to vary condition 1 (approved plans) and condition 7 (cycle facilities) of planning permission ref: 13/AP/2979 (as amended by permission ref: 14/AP/2779). Minor material amendments include the replacement of external materials, alongside internal alterations / reconfigurations to replace 16no. existing ensuite student bedrooms with 17no. ensuite student bedrooms (uplift of 1no. student bedroom), provision of an ancillary gym and cinema room at seventh floor level of the existing building, and reduction of the cycle parking area to make space for a water tank (for a sprinkler system).May 2026UndecidedPeckham Fire Station 78 - 80 Peckham Road London Southwark SE5 8PRInstallation of air source heat pumps in training yard adjacent to and at the rear of the existing building, installation of ASHP in acoustic and brick enclosure to front of fire station and photovoltaic cells across roofs through the scheme.May 2026Undecided

Planning data from PlanIt, the open index of UK council planning registers. Check the council's own register before relying on it.

Recent sold prices nearby

20 registered sales in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

FL**** 195 CA***** GR***SE5 8JU£650,000
100B CR***** RO**SE5 8NA£585,000
29C WI**** RO**SE5 8PB£226,000

17 more sales with full addresses, sale dates and prices — including any prior sale of this exact lot.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in SE5

Evidence from 1065 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+58.4%median uplift
£100,000typical value added
4.5 yearstypical hold period

See 1065 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 1065 registered sale pairs in SE5 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

Investor angles

Ground RentDevelopment

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