2 Bed Detached House, Single Let, London, SE23 3AA, £500,000

Tyson Road, Forest Hill, SE23 3AA - 3 months ago

Under Offer
Leasehold
BTL
~69 m²
+7 photos

ValuationUndervalued

Sold Prices£395K - £1.1M
Sold Prices/m²£5.5K/m² - £9.7K/m²

 

 

Square Metres

~68.56 m²
Price/m²£7.3K/m²

Value Estimate

£531,612
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£41,200

Total Cash In

£166,200

 

 

Cash Out

 

Rent Range

£1,500 - £3,300

Rent Estimate

£1,550

Running Costs/mo

£1,893

Cashflow/mo

£-342

Cashflow/yr

£-4,110

Gross Yield

4%

Local Sold Prices

50 sold prices from £395K to £1.1M, average is £600K. £5.5K/m² to £9.7K/m², average is £7.8K/m².

PriceDateDistanceAddressBeds 
£615K03/210.2 mi11, Beadnell Road, London, Greater London SE23 1AA2
£395K06/210.23 mi49, Garthorne Road, London, Greater London SE23 1EN2
£665K02/230.28 mi21a, Ebsworth Street, London, Greater London SE23 1ER2
£742K11/220.29 mi8, Rojack Road, London, Greater London SE23 2DF2
£625K08/230.29 mi19, Ebsworth Street, London, Greater London SE23 1ER2
£665K01/210.31 mi324, Devonshire Road, London, Greater London SE23 3TH2
£480K06/230.32 mi2, Orchard Close, London, Greater London SE23 3QN2
£440K05/230.32 mi4, Orchard Close, London, Greater London SE23 3QN2
£615K06/210.34 mi59, Stanstead Road, London, Greater London SE23 1HG2
£525.5K05/210.35 mi4, Montrose Way, London, Greater London SE23 2DG2
£600K08/210.41 mi6, Surrey Mount, London, Greater London SE23 3PF2
£418.5K08/230.44 mi2, Lessing Street, London, Greater London SE23 1DS2
£605K10/210.47 mi87, Kemble Road, London, Greater London SE23 2DH2
£596K05/230.52 mi45a, Wood Vale, London, Greater London SE23 3DS2
£617.2K11/210.55 miSt. Kevernes House, Cranston Road, London, Greater London SE23 2HB2
£735K05/210.55 mi18, Duncombe Hill, London, Greater London SE23 1QB2
£750K03/220.55 mi32, St German's Road, London, Greater London SE23 1RJ2
£880K11/220.55 mi21, Overhill Road, London, Greater London SE22 0PQ2
£640K02/230.57 mi15, Cibber Road, London, Greater London SE23 2EF2
£590K06/210.57 mi46, Trilby Road, London, Greater London SE23 2DN2
£665K06/210.57 mi54, Trilby Road, London, Greater London SE23 2DN2
£495K08/220.58 mi1b, Loxton Road, Forest Hill, London, Greater London SE23 2ET2
£625K12/220.59 mi42, Vestris Road, London, Greater London SE23 2EE2
£1.1M05/230.62 mi31, Dovedale Road, London, Greater London SE22 0NF2
£518K04/220.63 mi89, Codrington Hill, London, Greater London SE23 1LR2
£590K04/210.63 mi4, Belvoir Road, London, Greater London SE22 0QY2
£860.7K03/210.63 mi16, Cornflower Terrace, London, Greater London SE22 0HH2
£550K03/230.64 mi4, Donkey Alley, London, Greater London SE22 0NY2
£542K08/230.64 mi52, Shipman Road, London, Greater London SE23 2DR2
£515K04/210.64 mi1b, Gaynesford Road, London, Greater London SE23 2UQ2
£505K03/210.64 mi5, Gaynesford Road, London, Greater London SE23 2UQ2
£585K01/210.74 mi74, Ravensbourne Road, London, Greater London SE6 4UT2
£628.8K03/210.74 mi92, Ravensbourne Road, London, Greater London SE6 4UT2
£600K08/220.78 mi15a, Blythe Hill Lane, London, Greater London SE6 4UP2
£530K03/210.78 mi19, Blythe Hill Lane, London, Greater London SE6 4UP2
£540K02/210.79 mi53, Blythe Hill Lane, London, Greater London SE6 4UN2
£580K09/210.79 mi20, Cypress Gardens, London, Greater London SE4 2FB2
£645K06/210.8 mi60, Surrey Road, London, Greater London SE15 3AT2
£490K10/200.8 mi5, Cypress Gardens, London, Greater London SE4 2FB2
£692.5K04/210.82 mi10, Hichisson Road, London, Greater London SE15 3AL2
£723K09/210.83 mi4, Blythe Hill Lane, London, Greater London SE6 4UH2
£470K06/210.84 mi5, Blythe Hill Lane, London, Greater London SE6 4UF2
£590K06/210.84 mi111, Crofton Park Road, London, Greater London SE4 1AJ2
£637K04/210.84 mi141, Crofton Park Road, London, Greater London SE4 1AJ2
£624K06/210.84 mi99, Crofton Park Road, London, Greater London SE4 1AJ2
£600K06/210.85 mi12, Hassocks Close, London, Greater London SE26 4BS2
£730.5K10/220.86 mi25, Rye Road, London, Greater London SE15 3AX2
£530K12/230.86 mi10, Suncroft Place, London, Greater London SE26 4RH2
£650K12/200.87 mi18, Buckthorne Road, London, Greater London SE4 2DB2
£578K01/210.87 mi5, Elmhurst Villas, London, Greater London SE15 3AE2

Local Rents

49 rents from £1.5K/mo to £3.3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,95008/240.01 miChurchwood Gardens, Honor Oak2
£2,25008/240.05 miChurchwood Gardens, Forest Hill2
£2,20008/240.05 miChurchwood Gardens, Forest Hill2
£2,20008/240.06 miChurchwood Gardens, Forest Hill2
£1,95008/240.07 miChurchwood Gardens, Forest Hill, London, SE232
£2,20008/240.07 miChurchwood Gardens, Forest Hill, London, SE232
£2,20008/240.08 miHonor Oak Road, Honor Oak2
£2,20008/240.09 miChurchwood Gardens, Honor Oak2
£1,65008/240.09 miDevonshire Road, London, SE232
£1,75008/240.09 miLynfield Court, Devonshire Road, Forest Hill, SE232
£1,85008/240.09 miDevonshire Road, London, SE232
£2,10008/240.1 miDevonshire Road, Forest Hill, SE232
£1,85008/240.11 miDevonshire Road, London, SE232
£1,90011/240.12 mi-2
£1,80008/240.12 miThe Manor, Manor Way, London2
£1,74608/240.13 miManor Way, Forest Hill, SE232
£1,70008/240.13 miHonor Oak Road, Forest Hill, London, SE232
£1,82510/240.15 mi-2
£1,80009/240.17 mi-2
£2,50008/240.18 mi-2
£3,30003/250.18 mi-2
£2,90004/250.18 mi-2
£1,70003/250.19 mi-2
£1,82508/240.19 miCanonbie Road London SE232
£1,65003/250.2 mi-2
£1,55008/240.21 miDevonshire Road, London, SE232
£1,55009/240.21 mi-2
£1,70003/250.21 mi-2
£1,60008/240.21 miDevonshire Road, Forest Hill, SE232
£1,75008/240.23 miNetherby Road 2
£2,45010/240.23 mi-2
£2,27511/240.23 mi-2
£1,75008/240.24 mi-2
£1,65008/240.26 miDevonshire Road, Forest Hill, London, SE232
£1,65008/240.27 miHorniman Drive, Forest Hill, London, SE232
£2,00004/250.28 mi-2
£1,50008/240.28 mi-2
£2,35008/240.29 miStanstead Road, London, SE232
£1,95009/240.29 mi-2
£1,95009/240.29 mi-2
£1,95008/240.29 miManor Mount, London, SE232
£1,95008/240.29 mi-2
£2,00008/240.29 miHonor Oak Rise, Honor Oak Park, London, SE232
£1,75008/240.3 miManor Mount, London, SE232
£1,80009/240.3 miCanonbie Road 2
£1,90008/240.3 miCanonbie Road Forest Hill SE232
£1,95008/240.31 miManor Mount, London, SE232
£2,20008/240.31 miManor Mount, Forest Hill, London, SE232
£1,95008/240.31 miDevonshire Rd, Honor Oak, London, SE232

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

6.13 miles away

Nearest school

0.10 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Price changed to £500,000

March 28, 2025

Price changed to £520,000

February 8, 2025

Listed for £550,000

January 16, 2025

Floor Plans

Description

  • Two bedrooms +
  • Off street parking +
  • Period property +
  • CHAIN FREE +
  • Split level +
  • Private garden +
  • 738 sqr ft +
  • EPC C +

£500,000. Kinleigh Folkard & Hayward presents this spacious and bright split level apartment within a beautiful detached Victorian house situated close by to Forest Hill and Honor Oak stations and amenities.

Additional Information:

Council Tax Band: C
Tenure: Leasehold

Lease Length remaining: 110 years
Service charge: Approx: £1199.56 per annum
Ground Rent: Approx: £300 per annum

Council tax and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.

Agent Details

Kinleigh Folkard & Hayward - Sales, Forest Hill

020 3835 5504

Next Steps?

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