Flat 124, Leonard Court, Queens Road, London, SE15 2DH

UPRN:10094744648Purpose Built Flat2 bedsBuilt -

LeaseholdCouncil Tax: Band DEPC: B (85)

Data freshness:Listing· freshPlanning· 4mo agoOwnership· 1mo agoEPC· 6mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· freshAmenities· 2mo agoArea· Census 2021Council Tax· 6mo ago

Flat 124, Leonard Court, Queens Road, London, SE15 2DH

HP Score

/ 100

Strong

Verdict

4 days ago

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Strong fundamentals; flood risk not assessed

Evidence

20 of 21 sources

Sale Estimate

£571,000

£543k - £600kHigh

Estimate

£571k

Range

£543k – £600k

Rent Estimate (pcm)

£3,100

£3k - £3k

Monthly

£3,100

Yield

7.44%

Verdict

Derived from HomePortfolio scores

Flat 124 earns an INVESTIGATE rating with HP Score 77/100. Investment score 77/100 reflects strong fundamentals. Crime intensity is moderate. Walkability is excellent (96/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

77/ 100

Strong

Investment Score

77/ 100

High

Crime Score

51/ 100

Elevated

Walkability

96/ 100

Excellent

Transit & Bike

Transit 63Bike 80

Walk Score, out of 100

Opportunity

Why this could be an opportunity

Reduced confidence2 independent sourcesLead to verifyListing checked 4 Nov 2026

Fewer independent sources agree, or a component could not be scored.

Check before relying on this score: leasehold with no service charge disclosed - the stress test assumes GBP 0. It ranks after every home whose inputs are verified.

Valuation edge2.5/15
claims [AVM +12.4% (HIGH), sold-comps +11.5%, £/sqft +11.5%] → measured edge +0.50pp of the ask; on later-registered sales an AVM discount carried no edge and a sold-evidence gap at most +0.5pp
Market estimate used (HIGH confidence) · snapshot 10 Oct 2026
- valuation_snapshotsestimate for 10094744648· as of 10 Oct 2026
- property_comparablessold-evidence family (implied value + £/sqft): 10 comps, dispersion 7.4%· as of 1 Nov 2026
Rental economics17.8/40
gross yield 7.4%; range width penalty ×0.91
- valuation_snapshotsrent estimate 3100/mo (range 2850-3300)· as of 10 Oct 2026· verify before relying on this
Stress margin1.3/30
stressed cash flow +39/mo, +1% of rent (6.75% on a 75% loan; no service charge or ground rent disclosed); passes the stress; leasehold with no service charge disclosed - the stress assumes GBP 0
- underwriting_assumptionscosts not disclosed by the advert· as of 4 Nov 2026· verify before relying on this
Seller motivationNot scored
context, not scored: 0 price cut(s), 40 days on market; homes with a cut sold 0.2-0.3pp further below the cut ask, which is not an edge
- portal_listingsprice_changes + first_published_date· as of 4 Nov 2026
Risk & liquidity14.6/15
420 sales/12mo in area; valuation range width 10%
- property_intelligencetransactions_12mo

4 of 4 components scored. Ranks on gross yield, the stress margin, risk and disclosed facts. A pricing claim earns only its measured edge: today 0 for the market estimate and at most +0.5pp for sold evidence. The score itself is not yet checked against the outcomes of homes it scored.

Economics

What happens to your money

Price sensitivityScores 70+ up to £375,000

£375,000£575,000

The same scorer re-run at hypothetical asking prices, holding rent, comps and listing history constant. Not a prediction of what the seller would accept.

Your assumptions

Purchase price£500,000

At the asking price

Monthly rent£3,100/mo

Evidenced range £2,850-£3,300

Interest rate5.4%

Loan to value75%

Cash required: £166,300
Net cash flow: £459/mo
Cash on cash: 3.3%
Score at this price: 36

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 1.84 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Evidence

Where every number comes from

valuation_snapshotsestimate for 10094744648Valuation edge · as of 10 Oct 2026
property_comparablessold-evidence family (implied value + £/sqft): 10 comps, dispersion 7.4%Valuation edge · as of 1 Nov 2026
valuation_snapshotsrent estimate 3100/mo (range 2850-3300)Rental economics · as of 10 Oct 2026 · verify before relying on this
underwriting_assumptionscosts not disclosed by the advertStress margin · as of 4 Nov 2026 · verify before relying on this
portal_listingsprice_changes + first_published_dateSeller motivation · as of 4 Nov 2026

Risks

What could kill this deal

Score confidence is reduced
fewer independent sources agree, or a component could not be scored
Rental economics needs verification before you rely on it
rent estimate 3100/mo (range 2850-3300)
Stress margin needs verification before you rely on it
costs not disclosed by the advert

Plan

Before you offer

1. Get two written rental appraisals from local lettings agents.
The rent estimate rests on area-level evidence, not lettings on this street.
2. Set your walk-away price before viewing - above £375,000 the deal stops scoring well.
Computed by re-running the score at higher prices.
3. Treat the gap to the estimate as unproven - compare recent sold prices on the street yourself before pricing an offer around it.
On later completions, homes listed below their estimate sold at the same share of the asking price as the rest.
4. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Valuation & Market

Sale Estimate£571,000

Rent Estimate (pcm)£3,100

Gross Yield7.44%

1y Growth-

3y Growth-0.6%

5y Growth-1.0%

10y Growth+1.1%

Last Sold Price£600,000 (2020-10-23)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceSignificant
RadonLow
MiningModerate
LandslideLow
Air QualityLow
NoiseModerate

View Full Risk Report

Planning Activity

Recent Apps

0SE15 2DH

Approval Rate

-12mo

Development

low

26/AP/3258
Works to tree with a TCA: T3 - Tree of Heaven - Grade C (Low Quality) Complete removal of tree, including removal of the stump via grinding, due to considerable impact on the required foundations for an extension at 13 Blenheim Grove, that has been approved under planning and will be progressing to construction soon.
Pending
26/AP/3244
Details of condition 7 'Construction Environmental Management Plan' required by planning permission ref. 25/AP/1269 'Construction of part one to five storey building comprising B8 (Self Storage), with associated flexible B8 (Self Storage)/E(b)/E(g), and flexible B8 (Self Storage) and E(g)(iii), alongside associated parking, landscaping and all other associated and ancillary works.'
Pending
26/AP/3239
Details of condition 5 'Construction Logistics Plan' required by planning permission ref. 25/AP/1269 'Construction of part one to five storey building comprising B8 (Self Storage), with associated flexible B8 (Self Storage)/E(b)/E(g), and flexible B8 (Self Storage) and E(g)(iii), alongside associated parking, landscaping and all other associated and ancillary works.'
Pending

View Planning Timeline