2 Bed Flat, Single Let, London, SE23 2AZ, £300,000

Inglemere Road, London, SE23 2AZ - 3 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£278K - £818K
Sold Prices/m²£4.6K/m² - £8.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£366,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,460 - £2,300

Rent Estimate

£1,525

Running Costs/mo

£1,263

Cashflow/mo

£263

Cashflow/yr

£3,150

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £278K to £818K, average is £430.9K. £4.6K/m² to £8.5K/m², average is £6.8K/m².

PriceDateDistanceAddressBeds 
£370K06/230.12 mi82, Bampton Road, London, Greater London SE23 2AX2
£400K06/230.12 mi84, Bampton Road, London, Greater London SE23 2AX2
£445K07/230.15 mi6, Aylward Road, London, Greater London SE23 2JE2
£818K02/230.19 mi49, Mayow Road, London, Greater London SE23 2XH2
£455K02/230.22 mi62a, Westbourne Drive, London, Greater London SE23 2UN2
£350K06/230.24 miFlat 32, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£332K12/200.24 miFlat 38, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£300K02/210.24 miFlat 31, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£366K09/230.24 miFlat 46, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£375K06/210.24 miFlat 6, Hillhurst Court, South Road, London, Greater London SE23 2UE2
£367K09/230.24 mi181, Longfield Crescent, Sydenham, London, Greater London SE26 4DR2
£450K03/210.24 mi37b, Siddons Road, London, Greater London SE23 2JH2
£478K08/210.24 miGround Floor Flat, 4, Perry Rise, London, Greater London SE23 2QL2
£335K06/230.25 mi95, Longfield Crescent, Sydenham, London, Greater London SE26 4DT2
£455K09/210.28 mi98, Queenswood Road, London, Greater London SE23 2QS2
£435.8K08/210.28 mi24, Shipman Road, London, Greater London SE23 2DY2
£320K12/200.3 mi37, Longfield Crescent, Sydenham, London, Greater London SE26 4DU2
£312.5K03/230.3 mi43, Longfield Crescent, Sydenham, London, Greater London SE26 4DU2
£355K04/210.32 mi141, Dartmouth Road, London, Greater London SE23 3HX2
£335K04/230.32 mi14, Church Vale, London, Greater London SE23 2UW2
£567.5K06/230.33 mi47, Farren Road, London, Greater London SE23 2DZ2
£505K12/200.33 mi9, Niederwald Road, London, Greater London SE26 4AD2
£450K05/210.33 mi61, Sydenham Park Road, London, Greater London SE26 4DL2
£387.5K06/210.34 mi15b, Adamsrill Road, London, Greater London SE26 4AL2
£595K06/230.35 miApartment 9, The Apostles, Church Rise, London, Greater London SE23 2UD2
£426K04/210.36 mi24, Sydenham Park Road, London, Greater London SE26 4ED2
£510K10/230.36 mi36, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AN2
£526K10/230.36 mi10, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AN2
£400K01/230.36 mi39, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AJ2
£278K03/210.36 mi35, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AJ2
£420K03/210.36 mi27b, Como Road, London, Greater London SE23 2JL2
£320K07/230.4 miFlat 6, Simone Court, Dartmouth Road, London, Greater London SE26 4RP2
£495.2K07/230.4 mi154, Kilmorie Road, London, Greater London SE23 2SR2
£416.5K04/210.41 mi29a, Champion Crescent, London, Greater London SE26 4HH2
£300K01/210.42 mi8, Thorpe Close, London, Greater London SE26 4NX2
£513.9K07/230.43 mi5, Loxton Road, Forest Hill, London, Greater London SE23 2ET2
£460K11/200.43 mi14a, Sydenham Park, London, Greater London SE26 4EQ2
£290K11/200.43 mi33b, Sunderland Road, London, Greater London SE23 2PS2
£507.5K12/200.44 mi71b, Woolstone Road, London, Greater London SE23 2TQ2
£450K02/240.44 miFlat 1, Mayode House, Round Hill, London, Greater London SE26 4RF2
£390K10/210.44 mi80a, Elsinore Road, London, Greater London SE23 2SN2
£458.8K01/210.44 mi88, Elsinore Road, London, Greater London SE23 2SN2
£445K03/230.46 mi11b, Queensthorpe Road, London, Greater London SE26 4PJ2
£516K09/230.46 mi15c, Queensthorpe Road, London, Greater London SE26 4PJ2
£500K01/210.46 mi19b, Princethorpe Road, London, Greater London SE26 4PF2
£465K06/210.46 mi13b, Princethorpe Road, London, Greater London SE26 4PF2
£512K03/230.46 miUpper Flat, 31, Princethorpe Road, London, Greater London SE26 4PF2
£322.5K06/230.47 miFlat 6, Cheney Court, Waldram Park Road, London, Greater London SE23 2PL2
£372.5K06/210.47 mi53b, Waldram Park Road, London, Greater London SE23 2PW2
£475K06/210.48 mi40, Peak Hill, London, Greater London SE26 4LR2

Local Rents

49 rents from £1.5K/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,65004/250.03 mi-2
£1,80008/240.04 miNewbridge Point, Windrush Lane London SE232
£1,62508/240.13 mi-2
£1,70010/240.14 mi-2
£1,70001/250.14 mi-2
£1,70008/240.14 miWynell Road, London, SE23 2LN2
£2,00003/250.14 mi-2
£1,90008/240.16 mi-2
£1,60008/240.18 miDacres Road, London, SE232
£2,00008/240.19 miDacres Road, London, SE232
£1,55008/240.19 miDacres Road, London, SE232
£1,85008/240.21 miAndrew Court, 38 Church Rise, London, SE232
£1,85002/250.22 mi-2
£1,80008/240.22 mi-2
£1,85011/230.22 miPerry Vale, London, SE232
£1,99502/240.23 mi-2
£1,46002/250.23 mi-2
£1,46002/250.23 mi-2
£1,80011/240.23 mi-2
£1,50002/240.24 mi-2
£2,30004/250.26 mi-2
£1,80008/240.28 miCharlotte Parade, Shipman Road, London, SE232
£2,00003/250.29 mi-2
£2,00002/250.29 mi-2
£1,60008/240.31 mi-2
£1,90008/240.31 mi-2
£1,59508/240.31 miSydenham Park Road, London, SE262
£1,75008/240.32 miDartmouth Place, Forest Hill, London, SE232
£1,75011/240.33 mi-2
£1,90003/250.33 mi-2
£1,75008/240.33 miBird in Hand Mews, London, SE232
£1,65008/240.33 miBird In Hand Mews, London, United Kingdom, SE232
£1,95008/240.34 mi-2
£1,75002/250.34 mi-2
£2,15001/250.34 mi-2
£2,12503/250.36 mi-2
£1,85008/240.36 miWestbourne Drive, SE232
£1,80011/240.36 mi-2
£1,80008/240.36 miComo Road, Forest Hill, London, SE232
£1,75008/240.36 miAdamsrill Road, London, SE262
£1,75008/240.36 miAdamsrill Road London SE262
£2,20009/240.37 miHindsleys Place London SE232
£1,80008/240.38 miAdamsrill Road, Forest Hill, London, SE262
£2,00003/250.39 mi-2
£1,80008/240.4 miPerry Vale, Forest Hill, SE232
£1,65009/240.4 miDartmouth Road, Forest Hill, London, SE232
£1,85008/240.4 mi-2
£1,75011/240.4 mi-2
£1,99508/240.4 mi-2

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

6.94 miles away

Nearest school

0.20 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £300,000

January 15, 2025

Floor Plans

Description

Unveiled to the SE23 market is this superb value for money two bedroom purpose flat, situated within the much desirable Forest Hill location!

Situated 0.4 miles away from Forest Hill Station which boasts popular transport links via The Metro Line into London Bridge and London Victoria via Clapham Junction as well as connections into East London calling in at stations such as Highbury & Islington and Dalston Junction via Shoreditch High Street. Forest Hill town centre is within a ten minute walk away and offers a wide selection of trendy boutiques and cafés, perfect for a quick bite to eat or to socialise with friends and family.

The accommodation offers great internal floor space that is set on the fourth floor, providing stunning views and a neutral interior design. The property has just been fully refurbished throughout and comprises two bedrooms both with wardrobe storage, a spacious reception room with access onto your very own balcony, a stylish bathroom, , separate WC, ample storage and a large kitchen with new appliances and fittings again

With the recent success we have had on similar properties at this price level, we anticipate this flat being sold sooner rather than later, so early viewing appointments are highly recommended.

Leasehold: 115 years remaining | SC: £50 | GR: £100 | EPC: C | Council Tax Band: B

Agent Details

Acorn, Forest Hill

020 8106 0621

Next Steps?

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