The location is excellent - a trendy borough of London, close to local amenities and a stone's throw from transport into the city. In your generous double room you would be afforded access to a newly refurbished kitchen and a smart bathroom, which you would share with two young Italian women and an English gentleman. The price? A mere £400 a month. There is just one small catch, however. The ceiling leaks onto the bed - and there doesn't seem to be any plan to fix it. Scroll down for video . In an advert posted on Gumtree, the rather honest letting agent has posted candid pictures of the cracked ceiling in the otherwise smart, modern and generous bedroom . A generous double room in Peckham, south-east London, close to amenities and a stone's thrown from public transport into the city, has been put up for rent for just £400 a month. The catch? The roof leaks . In an advert posted on Gumtree, 'Martin' informs people looking at the double room, suitable for couples, that there is a leak in the room. He adds: 'Every now and then there are few drips from the corner of the ceiling, nothing major but it is happening hence the cheap price' Flat hunters hoping for a bargain in this modern flat in between the newly desirable areas of Peckham and New Cross in south-east London had their expectations thoroughly managed by an honest letting agent. In an advert posted on Gumtree, 'Martin' informs people looking at the double room, suitable for couples, that there is a leak in the room. He adds: 'Every now and then there are few drips from the corner of the ceiling, nothing major but it is happening hence the cheap price.' He makes no mention of plans to fix the leaky ceiling and the flat is in otherwise apparently excellent condition according to a series of pictures accompanying the online advert. In your generous double room you would be afforded access to a smart bathroom, which you would share with two young Italian women and an English gentleman . The kitchen also appears to be smart and well appointed. Gentrification and a booming property market in the capital have made Peckham a desirable location for affluent Londoners with soaring property prices . He was unavailable for comment when contacted by MailOnline. Gentrification and a booming property market in the capital have made Peckham, famously the stomping ground of dodgy entrepreneur Del Boy in TV's much-loved Only Fools And Horses, a desirable location for affluent Londoners. Over the last year and a half Peckham has witnessed a phenomenal uplift with property prices almost doubling in certain areas. For example in November 2012, one estate agent sold a three bedroom period mid-terraced home in need of moderate renovation for £350,000. Similar properties on that same street are now on the market for nearly double that.
Flat in trendy area of Peckham, south-east London, up for rent with a leak .
Gumtree advert informs people looking at double room that 'ceiling drips'
As a result the room in otherwise modern flat is available for just £400 pcm .
Over the last year and a half Peckham has witnessed a boom in rent prices .