2 Bed Flat, Single Let, London, SE23 2QR, £400,000

37A Queenswood Road, London, Greater London, SE23 2QR - 6 months ago

Sold STC
Leasehold
BTL
69 m²
+7 photos

ValuationUndervalued

Sold Prices£252K - £818K
Sold Prices/m²£4K/m² - £11K/m²

 

 

Square Metres

69 m²
Price/m²£5.8K/m²

Value Estimate

£471,340
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Total Cash In

£120,700

 

 

Cash Out

 

Rent Range

£1,400 - £2,500

Rent Estimate

£1,491

Running Costs/mo

£1,568

Cashflow/mo

£-77

Cashflow/yr

£-926

Gross Yield

4%

Local Sold Prices

50 sold prices from £252K to £818K, average is £425K. £4K/m² to £11K/m², average is £6.8K/m².

PriceDateDistanceAddressBeds 
£455K09/210.04 mi98, Queenswood Road, London, Greater London SE23 2QS2
£818K02/230.09 mi49, Mayow Road, London, Greater London SE23 2XH2
£478K08/210.11 miGround Floor Flat, 4, Perry Rise, London, Greater London SE23 2QL2
£400K01/230.17 mi39, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AJ2
£278K03/210.17 mi35, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AJ2
£505K12/200.17 mi9, Niederwald Road, London, Greater London SE26 4AD2
£387.5K06/210.19 mi15b, Adamsrill Road, London, Greater London SE26 4AL2
£416.5K04/210.19 mi29a, Champion Crescent, London, Greater London SE26 4HH2
£510K10/230.21 mi36, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AN2
£526K10/230.21 mi10, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AN2
£445K07/230.26 mi6, Aylward Road, London, Greater London SE23 2JE2
£430K09/210.3 miFirst And Second Floor Flat, 23, Champion Road, London, Greater London SE26 4HD2
£350K03/230.32 mi25b, Elderton Road, London, Greater London SE26 4EY2
£450K03/210.32 mi37b, Siddons Road, London, Greater London SE23 2JH2
£435.8K08/210.34 mi24, Shipman Road, London, Greater London SE23 2DY2
£370K06/230.36 mi82, Bampton Road, London, Greater London SE23 2AX2
£400K06/230.36 mi84, Bampton Road, London, Greater London SE23 2AX2
£507.5K12/200.37 mi71b, Woolstone Road, London, Greater London SE23 2TQ2
£390K10/210.4 mi80a, Elsinore Road, London, Greater London SE23 2SN2
£458.8K01/210.4 mi88, Elsinore Road, London, Greater London SE23 2SN2
£495.2K07/230.41 mi154, Kilmorie Road, London, Greater London SE23 2SR2
£320K08/230.41 mi10, Bell Green Lane, London, Greater London SE26 5TB2
£323K07/230.41 mi16, Bell Green Lane, London, Greater London SE26 5TB2
£567.5K06/230.41 mi47, Farren Road, London, Greater London SE23 2DZ2
£500K01/210.41 mi19b, Princethorpe Road, London, Greater London SE26 4PF2
£465K06/210.41 mi13b, Princethorpe Road, London, Greater London SE26 4PF2
£512K03/230.41 miUpper Flat, 31, Princethorpe Road, London, Greater London SE26 4PF2
£375K06/210.43 miFlat 6, Hillhurst Court, South Road, London, Greater London SE23 2UE2
£420K03/210.43 mi27b, Como Road, London, Greater London SE23 2JL2
£310K03/210.43 mi12, Porthcawe Road, London, Greater London SE26 5TA2
£455K02/230.44 mi62a, Westbourne Drive, London, Greater London SE23 2UN2
£367K09/230.45 mi181, Longfield Crescent, Sydenham, London, Greater London SE26 4DR2
£300K01/210.45 mi8, Thorpe Close, London, Greater London SE26 4NX2
£445K03/230.46 mi11b, Queensthorpe Road, London, Greater London SE26 4PJ2
£516K09/230.46 mi15c, Queensthorpe Road, London, Greater London SE26 4PJ2
£342K11/200.46 mi103, Elsinore Road, London, Greater London SE23 2SQ2
£350K06/230.47 miFlat 32, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£332K12/200.47 miFlat 38, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£300K02/210.47 miFlat 31, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£366K09/230.47 miFlat 46, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£335K06/230.47 mi95, Longfield Crescent, Sydenham, London, Greater London SE26 4DT2
£462.5K06/210.49 mi40b, Earlsthorpe Road, London, Greater London SE26 4PD2
£303K05/230.5 mi20, Ridgewell Close, London, Greater London SE26 5AP2
£513.9K07/230.5 mi5, Loxton Road, Forest Hill, London, Greater London SE23 2ET2
£252K09/210.51 miFlat 5, Howard Park House, Perry Hill, London, Greater London SE6 4LZ2
£475.5K02/230.51 mi39, Como Road, London, Greater London SE23 2JL2
£300K10/230.51 mi109b, Sydenham Road, London, Greater London SE26 5EZ2
£450K05/210.51 mi61, Sydenham Park Road, London, Greater London SE26 4DL2
£495K11/200.52 mi14a, Woolstone Road, London, Greater London SE23 2SG2
£320K12/200.52 mi37, Longfield Crescent, Sydenham, London, Greater London SE26 4DU2

Local Rents

51 rents from £1.4K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80008/240.06 mi-2
£2,15001/250.11 mi-2
£2,00003/250.14 mi-2
£1,70008/240.14 miWynell Road, London, SE23 2LN2
£1,70001/250.15 mi-2
£1,62508/240.16 mi-2
£2,00008/240.19 miChampion Crescent London SE262
£1,75008/240.21 miAdamsrill Road, London, SE262
£1,75008/240.21 miAdamsrill Road London SE262
£1,85011/230.22 miPerry Vale, London, SE232
£1,80008/240.22 miAdamsrill Road, Forest Hill, London, SE262
£1,80008/240.24 miNewbridge Point, Windrush Lane London SE232
£1,75011/240.26 mi-2
£1,99508/240.26 mi-2
£1,97508/240.26 mi-2
£2,50010/240.27 mi-2
£2,50010/240.27 mi-2
£2,50012/240.27 mi-2
£1,65004/250.27 mi-2
£2,20008/240.3 miHouston Road, London, SE232
£1,40011/240.32 mi-2
£1,90008/240.33 mi-2
£2,15008/240.34 miSunnydene Street, Sydenham, London, SE262
£2,00008/240.34 miSunnydene Street, Sydenham, London, SE262
£1,80008/240.36 miCharlotte Parade, Shipman Road, London, SE232
£1,70010/240.37 mi-2
£2,00002/250.37 mi-2
£2,10004/250.38 mi-2
£1,95008/240.39 mi-2
£1,47508/240.39 mi-2
£1,75008/240.4 miHazel Grove, London, SE262
£1,75008/240.4 miHazel Grove, Sydenham, SE262
£2,15008/240.41 miKilmorie Road London SE232
£1,60008/240.41 miDacres Road, London, SE232
£1,80008/240.41 miMayow Road, Sydenham, SE262
£1,80008/240.42 miComo Road, Forest Hill, London, SE232
£2,00008/240.42 miDacres Road, London, SE232
£1,85008/240.42 miAndrew Court, 38 Church Rise, London, SE232
£1,85008/240.42 mi-2
£1,55008/240.42 miDacres Road, London, SE232
£2,30004/250.43 mi-2
£1,85002/250.43 mi-2
£2,45001/250.43 mi-2
£1,70011/240.44 mi-2
£1,55011/240.44 mi-2
£2,30012/240.45 mi-2
£1,60008/240.46 mi-2
£1,99502/240.46 mi-2
£1,46002/250.46 mi-2
£1,46002/250.46 mi-2
£1,80011/240.47 mi-2

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

7.14 miles away

Nearest school

0.10 miles away

Nearest train station

0.59 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £400,000

October 11, 2024

Sold for £190,000

2004

Sold for £87,000

2000

Floor Plans

Description

  • Two Double Bedrooms +
  • Period Conversion +
  • Spacious Reception +
  • First Floor +
  • Over 790 sq ft +
  • Quiet Residential Road +

Haart is proud to present this stunning, two bedroom top floor apartment in highly sought after Queenswood Road in Forest Hill. The property has been lovingly upgraded by the current owner and benefits from a gorgeous, modern fully fitted kitchen. The property boasts over 793 square feet and has a delightful blend of period detailing and features with modern contemporary touches. Light and airy, with plenty of natural light. You enter on the ground floor, up a flight of stairs, into the spacious first floor. To the front is a large reception room with plenty of space. Next to the reception, is one of the two bedrooms. generous modern bathroom and the kitchen, with its integrated oven, dishwasher, fridge freezer, gas hob and extractor.

Queenswood Road is a popular location, with its mix of Edwardian and Victorian housing. The award winning Mayow Park is at the end of the road, and you are within an easy walk of both Forest Hill and Sydenham centres, with their respective train /overground stations providing fast access into London, and a broad mix of restaurants, cafes and independent shops. The apartment is between Forest Hill, Sydenham and Lower Sydenham stations offering excellent transport links to London Bridge, Victoria, Canada Water, Shoreditch, Whitechapel, Highbury & Islington, Waterloo, Charing Cross and many other locations over London.

"Queenswood Road has been my home for the past 20 years and I have absolutely loved living here. The location is wonderful and very well connected, with there being 3 main train stations within walking distance. It feels very safe, with an abundance of parks, pubs and cafes to explore. The flat itself is deceptively spacious and has generous storage. Every room is flooded in natural light, even the hallways, and the main living room area faces sunny aspect and so receives lots of sunlight throughout the year. I also enjoy how quiet the flat is. All in all, I'll be very sad to leave."

Agent Details

haart, Dulwich

020 3840 3634

Next Steps?

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