2 Bed Flat, Single Let, London, SE23 3TS, £365,000

London Road, London, SE23 3TS - 7 views - 8 months ago

Leasehold
BTL
ROI: 1%
~68 m²
+5 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£5.4K/m²

Value Estimate

£425,267
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£91,250

Stamp Duty & Legal Fees

£17,900

Total Cash In

£109,150

 

 

Cash Out

 

Rent Range

£1,460 - £3,000

Rent Estimate

£1,588

Running Costs/mo

£1,478

Cashflow/mo

£110

Cashflow/yr

£1,317

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £250K to £595K, average is £373.8K. £1.7K/m² to £8.5K/m², average is £6.2K/m².

PriceDateDistanceAddressBeds 
£427.5K08/210.11 mi49a, Devonshire Road, London, Greater London SE23 3EN2
£335K04/230.12 mi14, Church Vale, London, Greater London SE23 2UW2
£350K06/230.19 miFlat 32, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£332K12/200.19 miFlat 38, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£300K02/210.19 miFlat 31, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£366K09/230.19 miFlat 46, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£539K12/200.2 miFlat 1, Queens Court, Taymount Rise, London, Greater London SE23 3UP2
£395K12/200.2 miFlat 21, Taymount Grange, Taymount Rise, Forest Hill, London, Greater London SE23 3UH2
£473K08/230.2 miFlat 86, Taymount Grange, Taymount Rise, Forest Hill, London, Greater London SE23 3UJ2
£455K02/230.21 mi62a, Westbourne Drive, London, Greater London SE23 2UN2
£335K12/200.24 miFlat 34, Forest Croft, Taymount Rise, Forest Hill, London, Greater London SE23 3UN2
£375K02/210.24 miFlat 2, Forest Croft, Taymount Rise, London, Greater London SE23 3UN2
£293K06/210.24 miFlat 3, Forest Croft, Taymount Rise, Forest Hill, London, Greater London SE23 3UN2
£400K12/200.24 mi76c, Honor Oak Road, London, Greater London SE23 3RR2
£365K03/210.24 mi85, Eliot Bank, London, Greater London SE23 3XD2
£465K12/200.25 mi23b, Rockbourne Road, London, Greater London SE23 2DA2
£595K06/230.25 miApartment 9, The Apostles, Church Rise, London, Greater London SE23 2UD2
£355K04/210.26 mi141, Dartmouth Road, London, Greater London SE23 3HX2
£375K06/210.27 miFlat 6, Hillhurst Court, South Road, London, Greater London SE23 2UE2
£387.5K12/210.27 mi38a, Rockbourne Road, London, Greater London SE23 2DD2
£312.5K04/230.27 miFlat C, 122, Devonshire Road, London, Greater London SE23 3SX2
£372.5K06/210.27 mi53b, Waldram Park Road, London, Greater London SE23 2PW2
£250K06/210.27 mi90a, Devonshire Road, London, Greater London SE23 3SX2
£335K06/230.31 mi95, Longfield Crescent, Sydenham, London, Greater London SE26 4DT2
£350K12/200.31 mi38b, Ewelme Road, London, Greater London SE23 3BH2
£322.5K06/230.32 miFlat 6, Cheney Court, Waldram Park Road, London, Greater London SE23 2PL2
£450K02/240.32 miFlat 1, Mayode House, Round Hill, London, Greater London SE26 4RF2
£398.5K10/210.32 mi96, Stanstead Road, Forest Hill, London, Greater London SE23 1BS2
£320K12/200.32 mi37, Longfield Crescent, Sydenham, London, Greater London SE26 4DU2
£312.5K03/230.32 mi43, Longfield Crescent, Sydenham, London, Greater London SE26 4DU2
£370K06/230.33 mi82, Bampton Road, London, Greater London SE23 2AX2
£400K06/230.33 mi84, Bampton Road, London, Greater London SE23 2AX2
£290K11/200.34 mi33b, Sunderland Road, London, Greater London SE23 2PS2
£320K07/230.35 miFlat 6, Simone Court, Dartmouth Road, London, Greater London SE26 4RP2
£367K09/230.36 mi181, Longfield Crescent, Sydenham, London, Greater London SE26 4DR2
£485K02/230.37 miGround Floor Flat, 133, Honor Oak Road, London, Greater London SE23 3SL2
£315K09/210.37 mi24 Ashton Heights, Horniman Drive, London, Greater London SE23 3BS2
£426K04/210.37 mi24, Sydenham Park Road, London, Greater London SE26 4ED2
£500K01/230.4 miFlat 18, Frobisher Court, Sydenham Rise, London, Greater London SE23 3XH2
£320K11/200.41 miFlat 3, Baxter House, Horniman Drive, London, Greater London SE23 3BJ2
£325K06/210.42 miFlat 1, Parfew Court, Sydenham Hill, London, Greater London SE23 3PP2
£350K07/230.42 mi150c, Devonshire Road, London, Greater London SE23 3SZ2
£445K07/230.43 mi6, Aylward Road, London, Greater London SE23 2JE2
£450K03/210.44 mi37b, Siddons Road, London, Greater London SE23 2JH2
£450K05/210.45 mi61, Sydenham Park Road, London, Greater London SE26 4DL2
£375K05/210.45 miFlat 30, Bromleigh Court, Sydenham Hill, London, Greater London SE23 3PW2
£567.5K06/230.45 mi47, Farren Road, London, Greater London SE23 2DZ2
£435.8K08/210.46 mi24, Shipman Road, London, Greater London SE23 2DY2
£485K04/210.48 mi65a, Colfe Road, London, Greater London SE23 2ES2
£513.9K07/230.48 mi5, Loxton Road, Forest Hill, London, Greater London SE23 2ET2

Local Rents

51 rents from £1.5K/mo to £3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,65008/240 miLondon Road, London, SE232
£1,80009/240.01 mi-2
£1,80008/240.01 miHamlet House, London, SE232
£1,65009/240.04 miDartmouth Road, Forest Hill, London, SE232
£2,20008/240.06 miLondon Road London SE232
£3,00008/240.07 miHavelock Walk London SE232
£1,65011/240.08 mi-2
£1,80008/240.08 miPerry Vale, Forest Hill, SE232
£1,65008/240.08 miWindley Close, Forest Hill, SE232
£1,89508/240.09 miLondon Road, London, SE232
£1,79508/240.09 miLondon Road, London, SE232
£2,00010/240.09 mi-2
£2,12504/250.09 mi-2
£1,60002/240.1 mi-2
£1,75008/240.1 miBird in Hand Mews, London, SE232
£1,65008/240.1 miBird In Hand Mews, London, United Kingdom, SE232
£2,20009/240.12 miHindsleys Place London SE232
£1,65010/240.12 mi-2
£1,80011/240.13 mi-2
£2,00008/240.13 miDevonshire Road, Forest Hill, SE232
£2,00003/250.14 mi-2
£1,95012/240.15 mi-2
£1,98003/250.15 mi-2
£1,85008/240.15 miWestbourne Drive, SE232
£2,10008/240.15 mi-2
£1,75008/240.15 miDartmouth Place, Forest Hill, London, SE232
£2,00008/240.16 miForest Hill, London, SE232
£2,00009/240.16 mi-2
£2,40011/240.17 mi-2
£2,30008/240.17 miTaymount Rise London SE232
£2,25008/240.17 miStanstead Road, London SE232
£2,00008/240.17 miStanstead Road, London SE232
£2,00008/240.17 miStanstead Road London SE232
£1,80008/240.18 miTaymount Rise, Forest Hill SE232
£1,50008/240.19 mi-2
£1,50002/240.19 mi-2
£1,65008/240.19 miTaymount Rise, Forest Hill, London, SE232
£1,75008/240.19 miManor Mount, London, SE232
£1,95009/240.19 mi-2
£1,95009/240.19 mi-2
£1,95008/240.19 miManor Mount, London, SE232
£2,65002/250.2 mi-2
£2,00008/240.2 miTaymount Rise, London, SE232
£1,99502/240.2 mi-2
£1,46002/250.2 mi-2
£1,46002/250.2 mi-2
£1,60009/240.2 miTaymount Grange, Forest Hill, SE232
£1,95008/240.21 miManor Mount, London, SE232
£1,95008/240.21 mi-2
£1,65008/240.22 miDevonshire Road, Forest Hill, London, SE232
£1,80011/240.22 mi-2

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

6.54 miles away

Nearest school

0.20 miles away

Nearest train station

0.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £365,000

August 16, 2024

Floor Plans

Description

  • Abundant Natural Light +
  • Excellent Transport Links +
  • Long lease +
  • Gated Community +
  • Modern Development +
  • Spacious Reception Room / Living Area +
  • Two genuine double bedrooms +
  • Cosy Fully fitted kitchen +
  • Ample Storage space throughout +
  • Fantastic Location +

We are pleased to present a beautifully designed residence in the heart of the vibrant SE23 area. This modern flat is perfect for individuals or couples seeking a blend of style, comfort, and convenience.

The flat boasts an open-plan living area that offers ample space for both relaxation and entertaining. Large windows flood the room with natural light, enhancing the warm and inviting atmosphere.

The well-appointed kitchen is equipped with high-quality appliances and plenty of storage space, making it ideal for those who love to cook and entertain.

The sleek bathroom features modern fixtures and fittings, providing a touch of luxury to your daily routine.

This two-bedroom apartment boasts spacious rooms and includes an en suite in the main bedroom for added convenience. Large windows throughout the flat provide an abundance of natural light, enhancing the welcoming and airy atmosphere. This apartment offers a comfortable and modern living space perfect for a variety of lifestyles.

The property is accessed via a communal entrance on London road and is part of a gated development.

Location:
Located in SE23, Hamlet House is well-connected to the rest of London. Forest Hill station is just a short walk away, providing quick and easy access to the city via the Overground and National Rail services.

The area boasts a variety of local amenities, including shops, cafes, and restaurants, catering to all your daily needs and preferences.

For those who enjoy outdoor activities, the flat is close to several parks and green spaces, including the popular Horniman Gardens, perfect for leisurely walks and picnics.

Agent Details

Winkworth, Forest Hill

020 3856 4168

Next Steps?

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