Peckham’s Housing Market and Transport links

Peckham is a vibrant and rapidly developing area in the heart of London. With a vibrant mix of independent businesses and community initiatives, it is an exciting place to live and work. Whether you are a seasoned landlord or a first-time investor, Peckham offers a wealth of opportunity for buy-to-let properties.

Residential properties in Peckham 

Peckham has a diverse range of residential properties, with a large volume of 1, 2 and 3 bedroom flats and houses available. In comparison to the average in London Peckham has a higher volume of 1 and 2 bedroom properties and a lower volume of 3 bedroom properties. When choosing a buy-to-let property, it is important to consider the type and number of bedrooms as this can impact rental demand and rental prices.

Renting vs Owner Occupier

In Peckham the majority of housing stock is owner occupied, with around 40% of properties being rented out. This is higher than the average in London where only 30% of properties are rented out. It is important to consider the renting vs owner occupier rate when choosing a buy-to-let location as this can impact rental demand and competition in the area.

Average House Prices

The average house price in Peckham for:

• 1 bedroom house is around £400,000
• 2 bedroom house it’s around £500,000 
• 3 bedroom house it’s around £600,000

This is significantly lower than the average in London, which stands at £500,000 for a 1 bedroom house, £700,000 for a 2 bedroom house and £950,000 for a 3 bedroom house. The lower house prices in Peckham make it an accessible option for investors who want to buy into a central location without having to pay the high prices of central London.

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Age of Housing Stock

The housing stock in Peckham is a mix of older, character properties and new build developments. There are a number of new build developments in the area, with many more planned for the future. When choosing a buy-to-let property, it is important to consider the age of the property and the potential for future developments as this can impact the value of the property over time.

Major Housing Developments

There are a number of major housing developments currently underway in Peckham, including the Peckham Levels project and the Peckham Square development. For more information on major housing developments in Peckham, visit the Southwark Council website https://www.southwark.gov.uk/. When considering a buy-to-let property, it is important to consider potential housing developments as this can impact the value and rental demand of the property.

Transport Links

Trains: Peckham Rye station is the main train station in the area and serves as a link between Peckham and central London. The station is located on the Overground line and provides regular services to London Bridge, Canada Water, and Shoreditch High Street.

Buses: Peckham has several bus routes that connect the neighbourhood with central London and surrounding areas. The main bus routes in Peckham are the 12, 36, 63, 78, 343, 363, and 484.

Cycling: Peckham also has a cycling infrastructure, with dedicated cycle lanes and bike racks located throughout the neighbourhood. This makes cycling a convenient and environmentally friendly mode of transportation for local residents.

In conclusion, Peckham offers a wealth of opportunity for buy-to-let investments, with a high demand for rental properties, a diverse range of residential properties, and a healthy market for house prices. The area is well connected to the rest of London and provides a range of transportation options for its residents. Whether you prefer to travel by bus, train, taxi, or bike, you will be able to get around Peckham and beyond with ease.

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