3 Bed Terraced House, Single Let, London, SE23 2JN, £750,000

Como Road, Forest Hill, SE23 2JN - 3 months ago

Sold STC
BTL
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£460K - £1.1M
Sold Prices/m²£5.2K/m² - £10.9K/m²

 

 

Square Metres

~93 m²
Price/m²£8.1K/m²

Value Estimate

£618,176

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£48,700

Total Cash In

£236,200

 

 

Cash Out

 

Rent Range

£1,600 - £4,500

Rent Estimate

£2,000

Running Costs/mo

£2,764

Cashflow/mo

£-764

Cashflow/yr

£-9,165

Gross Yield

3%

Local Sold Prices

50 sold prices from £460K to £1.1M, average is £661.8K. £5.2K/m² to £10.9K/m², average is £6.6K/m².

PriceDateDistanceAddressBeds 
£560K08/230.07 mi168, Cranston Road, Forest Hill, London, Greater London SE23 2EY3
£680K09/230.07 mi146, Cranston Road, Forest Hill, London, Greater London SE23 2EY3
£590K01/210.07 mi116, Cranston Road, Forest Hill, London, Greater London SE23 2EY3
£612K06/210.07 mi146, Cranston Road, London, Greater London SE23 2EY3
£617K10/200.07 mi82, Cranston Road, London, Greater London SE23 2EY3
£490K02/210.07 mi72, Cranston Road, Forest Hill, London, Greater London SE23 2EY3
£690K05/210.09 mi125, Cranston Road, London, Greater London SE23 2EZ3
£682.5K03/210.1 mi29, Shipman Road, London, Greater London SE23 2DU3
£596.5K09/210.11 mi161, Woolstone Road, London, Greater London SE23 2TG3
£767.5K11/210.11 mi151, Woolstone Road, London, Greater London SE23 2TG3
£650K12/220.11 mi33, Como Road, London, Greater London SE23 2JL3
£660K11/200.13 mi4, Treviso Road, London, Greater London SE23 2EB3
£725K06/210.16 mi1, Vestris Road, London, Greater London SE23 2ED3
£700K06/210.16 mi26, Vestris Road, London, Greater London SE23 2EE3
£580K10/200.17 mi62, Woolstone Road, London, Greater London SE23 2SW3
£610K03/210.18 mi5, Cibber Road, London, Greater London SE23 2EF3
£725K05/230.18 mi4, Cibber Road, London, Greater London SE23 2EF3
£720K07/230.18 mi1, Ticehurst Road, London, Greater London SE23 2TJ3
£660K11/200.19 mi72, Colfe Road, London, Greater London SE23 2EU3
£705K01/210.19 mi2, Trilby Road, London, Greater London SE23 2DN3
£715K10/210.19 mi42, Trilby Road, London, Greater London SE23 2DN3
£610K04/210.24 mi2, Hawkesfield Road, London, Greater London SE23 2TL3
£605K04/210.25 mi36, Levendale Road, London, Greater London SE23 2TW3
£720.1K04/210.25 mi44, Levendale Road, London, Greater London SE23 2TW3
£696.6K11/200.26 mi19, Levendale Road, London, Greater London SE23 2TP3
£630K11/210.26 mi15, Levendale Road, London, Greater London SE23 2TP3
£630K04/210.26 mi83, Hawkesfield Road, London, Greater London SE23 2TN3
£682K02/210.26 mi49, Cranston Road, Forest Hill, London, Greater London SE23 2HA3
£765K12/200.26 mi51, Cranston Road, London, Greater London SE23 2HA3
£710K02/210.27 mi41, Church Rise, London, Greater London SE23 2UG3
£675K02/230.27 mi60, Priestfield Road, London, Greater London SE23 2RS3
£688.5K02/210.27 mi68, Priestfield Road, London, Greater London SE23 2RS3
£545K03/210.27 mi42, Priestfield Road, London, Greater London SE23 2RS3
£610K04/210.27 mi45, Kilmorie Road, London, Greater London SE23 2SS3
£520K11/200.28 mi73, Houston Road, London, Greater London SE23 2RL3
£500K08/230.28 mi91, Houston Road, London, Greater London SE23 2RL3
£521K05/210.28 mi85, Houston Road, London, Greater London SE23 2RL3
£842.5K03/210.28 mi50, Sunderland Road, London, Greater London SE23 2QA3
£870K06/210.29 mi73, Kilmorie Road, London, Greater London SE23 2SS3
£910K12/200.29 mi7, Kemble Road, London, Greater London SE23 2DH3
£565K03/210.29 mi14, Houston Road, London, Greater London SE23 2RN3
£500K03/210.29 mi12, Houston Road, London, Greater London SE23 2RN3
£700K11/200.3 mi94, Kemble Road, London, Greater London SE23 2DJ3
£697K12/200.3 mi90, Kemble Road, Forest Hill, London, Greater London SE23 2DJ3
£1.1M08/230.3 mi24, Kemble Road, Forest Hill, London, Greater London SE23 2DJ3
£540K09/210.3 mi5, Priestfield Road, London, Greater London SE23 2RW3
£695K06/210.3 mi21, Priestfield Road, London, Greater London SE23 2RW3
£460K11/200.3 mi105, Houston Road, London, Greater London SE23 2RL3
£663.5K09/230.3 mi2, Nyon Grove, London, Greater London SE6 4EU3
£460K12/220.31 mi61b, Elsinore Road, London, Greater London SE23 2SH3

Local Rents

51 rents from £1.6K/mo to £4.5K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,45011/240.06 mi-3
£2,40003/250.06 mi-3
£1,85008/240.1 miPerry Vale, London, SE233
£2,10008/240.19 mi-3
£2,69508/240.19 miPerry Rise, London, SE233
£1,75008/240.2 miElsinore Road London SE233
£2,19508/240.21 miBroadmead, London, SE63
£4,50008/240.22 miVancouver road, SE233
£2,30001/250.27 mi-3
£2,25008/240.27 miColfe Road, London, SE233
£2,65003/250.28 mi-3
£2,50008/240.29 miHouston Road, Forest Hill, London, SE233
£2,20001/250.32 mi-3
£2,50008/240.32 miHouston Road, Forest Hill, SE233
£1,85010/240.33 mi-3
£2,25002/250.35 mi-3
£2,20002/250.35 mi-3
£2,60008/240.36 mi-3
£1,60008/240.37 miPerry Vale, Forest Hill, SE233
£2,75008/240.38 miDacres Road, Forest Hill, London, SE233
£2,50008/240.38 mi-3
£2,20001/250.39 mi-3
£2,30008/240.41 miHindsleys Place London SE233
£2,25011/230.43 miAdamsrill Road, Sydenham, SE263
£2,75008/240.46 miHennel Close, London, SE233
£2,75009/240.46 mi-3
£2,40002/250.47 mi-3
£2,30008/240.5 mi-3
£2,45008/240.5 mi-3
£4,00004/250.51 mi-3
£2,40008/240.52 miTugela Street London SE63
£2,30008/240.52 miAdamsrill Road, London3
£2,25008/240.52 miCentury Yard, Forest Hill, SE233
£2,55012/240.53 mi-3
£3,50008/240.54 miHavelock Walk, London, SE233
£3,50008/240.54 mi-3
£2,00008/240.55 miHolmshaw Close, London, SE263
£2,57508/240.55 mi33-39 Beadnell Road London SE233
£3,05008/240.55 miBeadnell Road London SE233
£2,40012/240.56 mi-3
£2,30008/240.57 mi-3
£2,30008/240.57 miLondon, SE263
£2,35002/240.57 mi-3
£2,35002/240.57 mi-3
£1,80008/240.57 miCatford Hill, London, SE63
£2,00002/240.58 mi-3
£2,20011/240.58 mi-3
£2,60008/240.59 miExbury Road, London, SE6 4ND3
£2,00008/240.6 miRavensbourne Road, London, SE63
£2,70004/250.6 mi-3
£2,70004/250.6 mi-3

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

6.86 miles away

Nearest school

0.20 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £750,000

January 17, 2025

Floor Plans

Description

  • Circular Bay Fronted Mid Terrace Family Home +
  • Elevated Position On A Popular Residential Road +
  • Bay Lounge / Open Kitchen Diner With Breakfast Bar +
  • Loft Room With Fixed Staircase And Velux Window +
  • Laid To Lawn Rear Garden With Decked Patio +
  • 0.6 Mi To Forest Hill Train / Tube Station +

The Property
A large and beautifully presented 3 bedroom house with a spacious loft room in a quiet and highly sought after road in Forest Hill. The ground floor has solid oak flooring throughout. A light and airy entrance hall with ample under stairs storage leads through to a spacious lounge and a large modern kitchen-diner with granite worktops. Double-glazed doors open out from the kitchen to a pleasant garden with hardwood decking made from Balau. An external outhouse and large shed offers additional storage.

The first floor consists of 3 good sized bedrooms and a stunning recently renovated bathroom. A further staircase then leads to a large loft room with plenty of natural light and high ceilings. Each floor has wired ethernet.

This fantastic property is in excellent condition both inside and out and is ideally located within close walking distance of 'outstanding' local schools. Its close proximity to Forest Hill station and excellent local bus routes provide convenient connections into central London. A short stroll to the centre of Forest Hill will reveal an eclectic mix of shops, cafes, pubs, a local swimming pool and library, and the amazing Horniman museum.

Entrance Hall
Solid oak floor, double radiator, stained glass windows, smart security alarm, under-stair storage.

Living Room
Solid oak floor, cast iron fireplace, solid wood shelves, double radiator, double-glazed windows.

Kitchen/Diner
Solid oak floor, granite worktops and breakfast bar, bespoke standing floor units, butler sink, overhead extractor hood, double radiator, double-glazed window, double-glazed doors leading to garden, spotlights, pendant ceiling lamp.

First Floor Landing
Fitted carpet, storage cupboard, fixed staircase to loft room.

Landing
Fitted carpet, storage cupboard, fixed staircase to loft room.

Bedroom
Fitted carpet, cast iron fireplace, double radiator, double-glazed windows, picture rail.

Bedroom Two
Fitted carpet, cast iron fireplace, double radiator, double-glazed windows, picture rail.

Bedroom Three
Fitted carpet, double radiator, double-glazed windows, picture rail.

Bathroom
Four piece bathroom suite with chrome mixer taps, large separate shower, tiled floor and walls, heated towel rail, underfloor heating, double-glazed windows, spotlights.

Second floor
Fitted carpet, double radiator, high ceilings, large velux window, pendant ceiling lamps.

Rear Garden
Hardwood timber decking made from Balau, access to outhouse storage and boiler, large shed with power and lighting.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering South East London

020 3840 3819

Next Steps?

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