2 Bed Flat, Single Let, London, SE23 3RS, £375,000

Honor Oak Road, Forest Hill, London, SE23 3RS - 5 views - 6 months ago

Leasehold
BTL
ROI: 1%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£250K - £632.5K
Sold Prices/m²£1.7K/m² - £8.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.5K/m²

Value Estimate

£423,988
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£1,500 - £3,000

Rent Estimate

£1,550

Running Costs/mo

£1,502

Cashflow/mo

£48

Cashflow/yr

£578

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £250K to £632.5K, average is £373.8K. £1.7K/m² to £8.8K/m², average is £6.2K/m².

PriceDateDistanceAddressBeds 
£400K12/200.05 mi76c, Honor Oak Road, London, Greater London SE23 3RR2
£315K09/210.13 mi24 Ashton Heights, Horniman Drive, London, Greater London SE23 3BS2
£539K12/200.16 miFlat 1, Queens Court, Taymount Rise, London, Greater London SE23 3UP2
£350K12/200.19 mi38b, Ewelme Road, London, Greater London SE23 3BH2
£320K11/200.2 miFlat 3, Baxter House, Horniman Drive, London, Greater London SE23 3BJ2
£427.5K08/210.2 mi49a, Devonshire Road, London, Greater London SE23 3EN2
£365K03/210.21 mi85, Eliot Bank, London, Greater London SE23 3XD2
£485K02/230.22 miGround Floor Flat, 133, Honor Oak Road, London, Greater London SE23 3SL2
£335K12/200.26 miFlat 34, Forest Croft, Taymount Rise, Forest Hill, London, Greater London SE23 3UN2
£375K02/210.27 miFlat 2, Forest Croft, Taymount Rise, London, Greater London SE23 3UN2
£293K06/210.27 miFlat 3, Forest Croft, Taymount Rise, Forest Hill, London, Greater London SE23 3UN2
£312.5K04/230.27 miFlat C, 122, Devonshire Road, London, Greater London SE23 3SX2
£250K06/210.27 mi90a, Devonshire Road, London, Greater London SE23 3SX2
£395K12/200.28 miFlat 21, Taymount Grange, Taymount Rise, Forest Hill, London, Greater London SE23 3UH2
£473K08/230.28 miFlat 86, Taymount Grange, Taymount Rise, Forest Hill, London, Greater London SE23 3UJ2
£325K06/210.3 miFlat 1, Parfew Court, Sydenham Hill, London, Greater London SE23 3PP2
£425K11/200.33 mi559d, Lordship Lane, London, Greater London SE22 8LB2
£337K07/210.33 miFlat 9, Sherwood Court, Highwood Close, London, Greater London SE22 8NL2
£375K05/210.33 miFlat 30, Bromleigh Court, Sydenham Hill, London, Greater London SE23 3PW2
£624K03/210.34 mi43a, Melford Road, London, Greater London SE22 0AQ2
£465K12/200.34 mi23b, Rockbourne Road, London, Greater London SE23 2DA2
£500K01/230.35 miFlat 18, Frobisher Court, Sydenham Rise, London, Greater London SE23 3XH2
£620K04/210.35 mi107a, Wood Vale, London, Greater London SE23 3DT2
£350K07/230.35 mi150c, Devonshire Road, London, Greater London SE23 3SZ2
£335K04/230.37 mi14, Church Vale, London, Greater London SE23 2UW2
£387.5K12/210.37 mi38a, Rockbourne Road, London, Greater London SE23 2DD2
£460K10/200.37 miFlat 14, Ashdown Court, Highwood Close, London, Greater London SE22 8NP2
£398.5K10/210.39 mi96, Stanstead Road, Forest Hill, London, Greater London SE23 1BS2
£372.5K06/210.4 mi53b, Waldram Park Road, London, Greater London SE23 2PW2
£405K03/210.44 mi53, Greystead Road, London, Greater London SE23 3SD2
£464K11/200.44 mi182c, Devonshire Road, London, Greater London SE23 3TB2
£350K06/230.44 miFlat 32, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£332K12/200.44 miFlat 38, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£300K02/210.44 miFlat 31, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£366K09/230.44 miFlat 46, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£595K06/230.45 miApartment 9, The Apostles, Church Rise, London, Greater London SE23 2UD2
£322.5K06/230.45 miFlat 6, Cheney Court, Waldram Park Road, London, Greater London SE23 2PL2
£556K12/200.47 mi3a, Dunoon Road, London, Greater London SE23 3TD2
£455K02/230.47 mi62a, Westbourne Drive, London, Greater London SE23 2UN2
£355K04/210.47 mi141, Dartmouth Road, London, Greater London SE23 3HX2
£450K02/240.47 miFlat 1, Mayode House, Round Hill, London, Greater London SE26 4RF2
£340K07/230.48 mi184, Wood Vale, London, Greater London SE23 3EA2
£290K11/200.49 mi33b, Sunderland Road, London, Greater London SE23 2PS2
£632.5K12/200.49 mi73a, Overhill Road, London, Greater London SE22 0PQ2
£375K06/210.5 miFlat 6, Hillhurst Court, South Road, London, Greater London SE23 2UE2
£320K07/230.53 miFlat 6, Simone Court, Dartmouth Road, London, Greater London SE26 4RP2
£335K06/230.54 mi95, Longfield Crescent, Sydenham, London, Greater London SE26 4DT2
£320K12/200.54 mi37, Longfield Crescent, Sydenham, London, Greater London SE26 4DU2
£312.5K03/230.54 mi43, Longfield Crescent, Sydenham, London, Greater London SE26 4DU2
£435K12/200.54 mi232b, Devonshire Road, London, Greater London SE23 3TQ2

Local Rents

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

RentDateDistanceAddressBeds 
£2,20002/250.04 mi-2
£1,65002/240.04 mi-2
£1,75002/250.04 mi-2
£1,95008/240.05 miHonor Oak Road London SE232
£2,20008/240.07 miManor Mount, Forest Hill, London, SE232
£1,95008/240.1 mi-2
£1,95008/240.1 miManor Mount, London, SE232
£1,95008/240.11 miManor Mount, London, SE232
£1,65008/240.12 miHorniman Drive, Forest Hill, London, SE232
£1,75008/240.12 miManor Mount, London, SE232
£1,95009/240.13 mi-2
£1,95009/240.13 mi-2
£1,65010/240.13 mi-2
£1,89508/240.17 miLondon Road, London, SE232
£1,79508/240.17 miLondon Road, London, SE232
£1,65008/240.18 miTaymount Rise, Forest Hill, London, SE232
£2,10008/240.19 mi-2
£1,80009/240.19 mi-2
£1,80008/240.2 miTaymount Rise, Forest Hill SE232
£2,20008/240.2 miLondon Road London SE232
£1,95012/240.2 mi-2
£1,98003/250.2 mi-2
£3,00008/240.21 miHavelock Walk London SE232
£1,50008/240.21 mi-2
£1,70008/240.22 miHonor Oak Road, Forest Hill, London, SE232
£1,82510/240.22 mi-2
£1,65008/240.22 miDevonshire Road, Forest Hill, London, SE232
£2,00008/240.23 miDevonshire Road, Forest Hill, SE232
£1,60002/240.24 mi-2
£2,40011/240.24 mi-2
£2,30008/240.25 miTaymount Rise London SE232
£1,80009/240.25 mi-2
£1,80008/240.25 miHamlet House, London, SE232
£1,80009/240.25 mi-2
£1,60008/240.25 miDevonshire Road, Forest Hill, SE232
£1,65008/240.26 miLondon Road, London, SE232
£1,60008/240.26 miEliot Bank, Forest Hill, London, SE232
£2,10008/240.27 miWood Vale London SE232
£1,65011/240.27 mi-2
£2,00010/240.28 mi-2
£1,55008/240.28 miDevonshire Road, London, SE232
£1,55009/240.28 mi-2
£1,70003/250.28 mi-2
£2,65002/250.28 mi-2
£2,00008/240.28 miTaymount Rise, London, SE232
£1,60009/240.28 miTaymount Grange, Forest Hill, SE232
£1,65009/240.29 miDartmouth Road, Forest Hill, London, SE232
£2,00008/240.29 miStanstead Road London SE232

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

6.30 miles away

Nearest school

0.10 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £375,000

October 2, 2024

Floor Plans

Description

  • Wonderful 2 bedroom flat set on the 2nd floor +
  • Large reception room +
  • Separate kitchen +
  • Delightful private balcony with green views +
  • 2 lovely double bedrooms +
  • Bathroom +
  • Excellent location +

Set on the 2nd floor, this 2 bedroom apartment boasts well arranged interiors including a large reception room, a separate kitchen and 2 lovely double bedrooms.

The property is ideally located just moments from the amenities of Forest Hill while also benefitting from the overground transport links.

Please use the reference CHPK1135548 when contacting Foxtons.

Agent Details

Foxtons, Dulwich

020 3909 8985

Next Steps?

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