2 Bed Flat, Single Let, London, SE23 3YH, £325,000

Windley Close, Forest Hill, SE23 3YH - a year ago

Sold STC
Leasehold
BTL
ROI: 3%
~62 m²
+3 photos

ValuationUndervalued

Sold Prices£250K - £595K
Sold Prices/m²£1.7K/m² - £8.5K/m²

 

 

Square Metres

~62.43 m²
Price/m²£5.2K/m²

Value Estimate

£383,536
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Total Cash In

£102,450

 

 

Cash Out

 

Rent Range

£1,460 - £3,000

Rent Estimate

£1,569

Running Costs/mo

£1,349

Cashflow/mo

£220

Cashflow/yr

£2,635

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £250K to £595K, average is £371.3K. £1.7K/m² to £8.5K/m², average is £6.1K/m².

PriceDateDistanceAddressBeds 
£395K12/200.12 miFlat 21, Taymount Grange, Taymount Rise, Forest Hill, London, Greater London SE23 3UH2
£473K08/230.12 miFlat 86, Taymount Grange, Taymount Rise, Forest Hill, London, Greater London SE23 3UJ2
£539K12/200.16 miFlat 1, Queens Court, Taymount Rise, London, Greater London SE23 3UP2
£335K12/200.17 miFlat 34, Forest Croft, Taymount Rise, Forest Hill, London, Greater London SE23 3UN2
£375K02/210.17 miFlat 2, Forest Croft, Taymount Rise, London, Greater London SE23 3UN2
£293K06/210.17 miFlat 3, Forest Croft, Taymount Rise, Forest Hill, London, Greater London SE23 3UN2
£335K04/230.17 mi14, Church Vale, London, Greater London SE23 2UW2
£365K03/210.19 mi85, Eliot Bank, London, Greater London SE23 3XD2
£427.5K08/210.19 mi49a, Devonshire Road, London, Greater London SE23 3EN2
£355K04/210.2 mi141, Dartmouth Road, London, Greater London SE23 3HX2
£350K06/230.2 miFlat 32, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£332K12/200.2 miFlat 38, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£300K02/210.2 miFlat 31, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£366K09/230.2 miFlat 46, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£450K02/240.24 miFlat 1, Mayode House, Round Hill, London, Greater London SE26 4RF2
£455K02/230.24 mi62a, Westbourne Drive, London, Greater London SE23 2UN2
£400K12/200.25 mi76c, Honor Oak Road, London, Greater London SE23 3RR2
£335K06/230.26 mi95, Longfield Crescent, Sydenham, London, Greater London SE26 4DT2
£320K12/200.26 mi37, Longfield Crescent, Sydenham, London, Greater London SE26 4DU2
£312.5K03/230.26 mi43, Longfield Crescent, Sydenham, London, Greater London SE26 4DU2
£320K07/230.27 miFlat 6, Simone Court, Dartmouth Road, London, Greater London SE26 4RP2
£426K04/210.31 mi24, Sydenham Park Road, London, Greater London SE26 4ED2
£375K06/210.32 miFlat 6, Hillhurst Court, South Road, London, Greater London SE23 2UE2
£367K09/230.32 mi181, Longfield Crescent, Sydenham, London, Greater London SE26 4DR2
£370K06/230.32 mi82, Bampton Road, London, Greater London SE23 2AX2
£400K06/230.32 mi84, Bampton Road, London, Greater London SE23 2AX2
£595K06/230.33 miApartment 9, The Apostles, Church Rise, London, Greater London SE23 2UD2
£500K01/230.33 miFlat 18, Frobisher Court, Sydenham Rise, London, Greater London SE23 3XH2
£465K12/200.34 mi23b, Rockbourne Road, London, Greater London SE23 2DA2
£312.5K04/230.35 miFlat C, 122, Devonshire Road, London, Greater London SE23 3SX2
£387.5K12/210.35 mi38a, Rockbourne Road, London, Greater London SE23 2DD2
£250K06/210.36 mi90a, Devonshire Road, London, Greater London SE23 3SX2
£372.5K06/210.36 mi53b, Waldram Park Road, London, Greater London SE23 2PW2
£325K06/210.37 miFlat 1, Parfew Court, Sydenham Hill, London, Greater London SE23 3PP2
£350K12/200.38 mi38b, Ewelme Road, London, Greater London SE23 3BH2
£450K05/210.39 mi61, Sydenham Park Road, London, Greater London SE26 4DL2
£375K05/210.4 miFlat 30, Bromleigh Court, Sydenham Hill, London, Greater London SE23 3PW2
£322.5K06/230.4 miFlat 6, Cheney Court, Waldram Park Road, London, Greater London SE23 2PL2
£315K09/210.4 mi24 Ashton Heights, Horniman Drive, London, Greater London SE23 3BS2
£398.5K10/210.41 mi96, Stanstead Road, Forest Hill, London, Greater London SE23 1BS2
£290K11/200.42 mi33b, Sunderland Road, London, Greater London SE23 2PS2
£485K02/230.43 miGround Floor Flat, 133, Honor Oak Road, London, Greater London SE23 3SL2
£380K08/230.44 miLower Flat, 233, Dartmouth Road, London, Greater London SE26 4QY2
£460K11/200.44 mi14a, Sydenham Park, London, Greater London SE26 4EQ2
£320K11/200.46 miFlat 3, Baxter House, Horniman Drive, London, Greater London SE23 3BJ2
£445K07/230.46 mi6, Aylward Road, London, Greater London SE23 2JE2
£385K06/210.48 mi30d, Panmure Road, London, Greater London SE26 6NA2
£337K07/210.48 miFlat 9, Sherwood Court, Highwood Close, London, Greater London SE22 8NL2
£450K03/210.49 mi37b, Siddons Road, London, Greater London SE23 2JH2
£350K07/230.5 mi150c, Devonshire Road, London, Greater London SE23 3SZ2

Local Rents

50 rents from £1.5K/mo to £3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£2,00010/240 mi-2
£1,65011/240.01 mi-2
£1,65008/240.02 miWindley Close, Forest Hill, SE232
£1,65009/240.07 miDartmouth Road, Forest Hill, London, SE232
£2,12503/250.07 mi-2
£1,80011/240.07 mi-2
£1,65008/240.09 miLondon Road, London, SE232
£1,80008/240.09 miHamlet House, London, SE232
£1,80009/240.09 mi-2
£2,40011/240.1 mi-2
£2,30008/240.1 miTaymount Rise London SE232
£1,75008/240.1 miBird in Hand Mews, London, SE232
£1,65008/240.1 miBird In Hand Mews, London, United Kingdom, SE232
£2,10008/240.11 mi-2
£1,89508/240.11 miLondon Road, London, SE232
£1,79508/240.11 miLondon Road, London, SE232
£2,20008/240.11 miLondon Road London SE232
£2,65002/250.12 mi-2
£2,00008/240.12 miTaymount Rise, London, SE232
£1,75008/240.12 miDartmouth Place, Forest Hill, London, SE232
£1,60009/240.12 miTaymount Grange, Forest Hill, SE232
£1,80008/240.13 miTaymount Rise, Forest Hill SE232
£3,00008/240.14 miHavelock Walk London SE232
£1,65010/240.15 mi-2
£1,65008/240.15 miTaymount Rise, Forest Hill, London, SE232
£1,80008/240.16 miPerry Vale, Forest Hill, SE232
£1,90008/240.16 mi-2
£2,00003/250.16 mi-2
£1,60002/240.18 mi-2
£2,20009/240.19 miHindsleys Place London SE232
£1,75011/240.19 mi-2
£1,90003/250.19 mi-2
£1,50002/240.19 mi-2
£1,80011/240.2 mi-2
£1,99502/240.2 mi-2
£1,46002/250.2 mi-2
£1,46002/250.2 mi-2
£2,00008/240.21 miDevonshire Road, Forest Hill, SE232
£1,85008/240.22 miWestbourne Drive, SE232
£1,95012/240.22 mi-2
£1,98003/250.22 mi-2
£1,60008/240.23 miEliot Bank, Forest Hill, London, SE232
£1,95008/240.24 miManor Mount, London, SE232
£2,00008/240.24 miForest Hill, London, SE232
£2,00009/240.24 mi-2
£1,55008/240.24 miDacres Road, London, SE232
£1,65002/240.25 mi-2
£1,75002/250.25 mi-2
£1,75008/240.25 miManor Mount, London, SE232
£1,95008/240.25 miHonor Oak Road London SE232

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

6.58 miles away

Nearest school

0.20 miles away

Nearest train station

0.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Price changed to £325,000

February 24, 2025

Listed for £350,000

February 23, 2024

Floor Plans

Description

  • Two Double Bedrooms +
  • Open-Plan Lounge / Kitchen +
  • Fitted Wardrobes +
  • Excellent Condition +
  • Balcony +
  • 672 Sq Ft +
  • 5 Mins to Forest Hill Station +
  • SE23, Zone 3 +

An opportunity to purchase this truly stunning apartment offering some great views and fantastic decorating throughout.

The accommodation on offer comprises, communal entrance, private entrance, entrance hall, an open plan lounge / kitchen with integrated appliances, two double bedrooms with fitted wardrobes, a contemporary shower room with underfloor heating and separate W.C.

Externally there is direct access to a private balcony offering some fantastic views.

Internal viewing is highly recommended, to appreciate the amazing condition of the property.

Please call Winkworth to arrange an appointment to view.

Location:
Conveniently located, Windley Close is within a 4-5 minute walk to Forest Hill train station which provides excellent transport links throughout.

Windley close is also within easy reach of a wide range of local amenities for one to choose from.

Positioned just off Dartmouth Road in Forest Hill town centre, Windley Close is at the heart of what is becoming known as Forest Hill village. Dartmouth Road is quickly making its name as the boutique offering of SE23 and due to its newly refurbished pavements and roads, it certainly looks the part.

Approximately 0.2 miles from Windley Close you will also find the highly acclaimed Forest Hill Pools which is the local leisure centre that was refurbished a year or so ago along with the neighbouring local library.

On route to the station you will note a selection of local businesses such as deli's, cafes, restaurants, gastro pubs to name but a few.

Transport from Forest Hill station can take you to some of the following London stations to name only a handful:

London Bridge in approximately 17 minutes.

Shoreditch High Street in approximately 22 minutes.

Victoria station in approximately 30 minutes.

Canary Wharf in approximately 23 minutes.

The Horniman Museum and Gardens is a well-known local point of interest and can be found approximately 0.5 miles away. With regular events such as a farmer’s market, live music and seasonal festivals to name a few.

Agent Details

Winkworth, Forest Hill

020 3856 4168

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪