2 Bed Flat, Single Let, London, SE23 2JH, £375,000

2 bedroom flat, Siddons Road, Forest Hill, London, SE23. - 2 views - 3 months ago

Sold STC
BTL
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£250K - £818K
Sold Prices/m²£1.7K/m² - £11K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.5K/m²

Value Estimate

£441,317
BMV18%

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

£1,460 - £2,800

Rent Estimate

£1,525

Running Costs/mo

£1,497

Cashflow/mo

£28

Cashflow/yr

£338

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £250K to £818K, average is £399.3K. £1.7K/m² to £11K/m², average is £6.5K/m².

PriceDateDistanceAddressBeds 
£450K03/210.02 mi37b, Siddons Road, London, Greater London SE23 2JH2
£435.8K08/210.02 mi24, Shipman Road, London, Greater London SE23 2DY2
£567.5K06/230.08 mi47, Farren Road, London, Greater London SE23 2DZ2
£420K03/210.11 mi27b, Como Road, London, Greater London SE23 2JL2
£445K07/230.11 mi6, Aylward Road, London, Greater London SE23 2JE2
£495.2K07/230.16 mi154, Kilmorie Road, London, Greater London SE23 2SR2
£513.9K07/230.18 mi5, Loxton Road, Forest Hill, London, Greater London SE23 2ET2
£375K06/210.18 miFlat 6, Hillhurst Court, South Road, London, Greater London SE23 2UE2
£390K10/210.22 mi80a, Elsinore Road, London, Greater London SE23 2SN2
£458.8K01/210.22 mi88, Elsinore Road, London, Greater London SE23 2SN2
£595K06/230.23 miApartment 9, The Apostles, Church Rise, London, Greater London SE23 2UD2
£507.5K12/200.24 mi71b, Woolstone Road, London, Greater London SE23 2TQ2
£478K08/210.24 miGround Floor Flat, 4, Perry Rise, London, Greater London SE23 2QL2
£342K11/200.24 mi103, Elsinore Road, London, Greater London SE23 2SQ2
£290K11/200.25 mi33b, Sunderland Road, London, Greater London SE23 2PS2
£475.5K02/230.25 mi39, Como Road, London, Greater London SE23 2JL2
£485K04/210.25 mi65a, Colfe Road, London, Greater London SE23 2ES2
£455K02/230.27 mi62a, Westbourne Drive, London, Greater London SE23 2UN2
£376K05/210.28 mi42a, Kilmorie Road, London, Greater London SE23 2ST2
£322.5K06/230.3 miFlat 6, Cheney Court, Waldram Park Road, London, Greater London SE23 2PL2
£375K03/210.31 mi48b, Elsinore Road, London, Greater London SE23 2SL2
£350K06/230.32 miFlat 32, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£332K12/200.32 miFlat 38, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£300K02/210.32 miFlat 31, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£366K09/230.32 miFlat 46, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£370K06/230.32 mi82, Bampton Road, London, Greater London SE23 2AX2
£400K06/230.32 mi84, Bampton Road, London, Greater London SE23 2AX2
£372.5K06/210.33 mi53b, Waldram Park Road, London, Greater London SE23 2PW2
£335K04/230.33 mi14, Church Vale, London, Greater London SE23 2UW2
£498K04/210.35 mi64a, Hurstbourne Road, London, Greater London SE23 2AB2
£495K11/200.35 mi14a, Woolstone Road, London, Greater London SE23 2SG2
£818K02/230.36 mi49, Mayow Road, London, Greater London SE23 2XH2
£387.5K12/210.36 mi38a, Rockbourne Road, London, Greater London SE23 2DD2
£455K09/210.37 mi98, Queenswood Road, London, Greater London SE23 2QS2
£485K06/210.37 mi61, Hurstbourne Road, London, Greater London SE23 2AA2
£465K12/200.39 mi23b, Rockbourne Road, London, Greater London SE23 2DA2
£398.5K10/210.4 mi96, Stanstead Road, Forest Hill, London, Greater London SE23 1BS2
£375K09/210.43 mi24a, St Germans Road, London, Greater London SE23 1RJ2
£325K09/210.44 mi4b, Fermor Road, London, Greater London SE23 2HN2
£335K06/230.44 mi95, Longfield Crescent, Sydenham, London, Greater London SE26 4DT2
£367K09/230.46 mi181, Longfield Crescent, Sydenham, London, Greater London SE26 4DR2
£252K09/210.47 miFlat 5, Howard Park House, Perry Hill, London, Greater London SE6 4LZ2
£427.5K08/210.47 mi49a, Devonshire Road, London, Greater London SE23 3EN2
£445K06/230.48 mi8, Grove Close, London, Greater London SE23 1AS2
£534K05/230.48 miUpper Flat, 6, Carholme Road, London, Greater London SE23 2HS2
£355K04/210.49 mi141, Dartmouth Road, London, Greater London SE23 3HX2
£312.5K04/230.49 miFlat C, 122, Devonshire Road, London, Greater London SE23 3SX2
£250K06/210.5 mi90a, Devonshire Road, London, Greater London SE23 3SX2
£505K12/200.5 mi9, Niederwald Road, London, Greater London SE26 4AD2
£370.2K11/200.5 mi5b, Perry Hill, London, Greater London SE6 4LF2

Local Rents

50 rents from £1.5K/mo to £2.8K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,80008/240.03 miCharlotte Parade, Shipman Road, London, SE232
£2,00002/250.04 mi-2
£1,95008/240.08 mi-2
£1,80008/240.1 miComo Road, Forest Hill, London, SE232
£1,85011/230.12 miPerry Vale, London, SE232
£2,15008/240.16 miKilmorie Road London SE232
£2,10004/250.18 mi-2
£1,75002/250.19 mi-2
£1,62508/240.19 mi-2
£1,70001/250.2 mi-2
£2,20008/240.2 miColfe Road, SE232
£1,70008/240.2 miWynell Road, London, SE23 2LN2
£2,00003/250.2 mi-2
£1,80008/240.22 miNewbridge Point, Windrush Lane London SE232
£1,85008/240.22 miAndrew Court, 38 Church Rise, London, SE232
£1,77508/240.23 mi-2
£1,80002/240.23 mi-2
£1,85002/250.23 mi-2
£2,80008/240.25 miVancouver Road, SE232
£1,60008/240.25 miSunderland Road, Forest Hill, SE232
£1,70009/240.25 miSunderland Road London SE232
£1,70004/250.25 mi-2
£1,65004/250.26 mi-2
£2,25009/240.26 miColfe Road Forest Hill SE232
£2,25008/240.26 miColfe Road, Forest Hill, London, SE232
£2,00003/250.27 mi-2
£1,80008/240.28 mi-2
£1,80003/250.28 mi-2
£1,90008/240.29 miElsinore Road, London, SE232
£2,10008/240.29 miElsinore Road, London, SE232
£2,05002/240.29 mi-2
£2,10009/240.29 mi-2
£2,10001/250.29 mi-2
£1,99508/240.29 mi-2
£1,75011/240.29 mi-2
£1,60008/240.29 miCranston Road, Forest Hill, SE232
£1,60004/250.3 mi-2
£2,30012/240.3 mi-2
£2,20008/240.31 miHouston Road, London, SE232
£1,70008/240.31 miWaldram Park Road, London2
£1,85008/240.31 miWestbourne Drive, SE232
£1,95008/240.32 miWaldram Park Road, Forest Hill, London, SE232
£1,85008/240.32 miElsinore Road, SE232
£1,99509/240.32 miElsinore Road2
£1,99502/240.32 mi-2
£1,46002/250.32 mi-2
£1,46002/250.32 mi-2
£1,50002/240.33 mi-2
£2,10008/240.33 miWaldram Park Road London SE232
£1,60008/240.33 miWaldram Park Road, Forest Hill, SE232

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

6.82 miles away

Nearest school

0.10 miles away

Nearest train station

0.40 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

February 1, 2025

Floor Plans

Description

  • No Onward Chain +
  • Private Garden +
  • Two Double Bedrooms +
  • Modern Kitchen & Bathroom +
  • Approx - 492sqft. +
  • 0.5mi from Forest Hill Station +

Offered to the market with no onward chain, this light and modern two-bedroom ground-floor flat, complete with a private garden, presents an excellent opportunity for buyers seeking a move-in-ready home in a vibrant community with superb commuter links. Set within a charming period conversion, the property is beautifully presented throughout. It features a stylish modern bathroom and two well-proportioned, light-filled bedrooms—the master boasts a bay window overlooking the front, while the second bedroom benefits from French doors opening onto the garden. To the rear, the open-plan lounge and kitchen create an inviting space, with sleek contemporary units and ample room for both lounging and dining. The private garden offers a tranquil retreat, perfect for alfresco meals or relaxing outdoors. Located just 0.5 miles from Forest Hill Station, offering frequent Overground and National Rail services to Central London, making this home is ideal for commuters. The local area is home to an array of independent shops, supermarkets, and a diverse selection of cafés, restaurants, and bars. Tenure: Share of Freehold (Remaining term: 986years) | Service Charge & Ground Rent: N/A | Council Tax: Lewisham band C

Agent Details

Stanford Estates, Forest Hill

020 3869 5659

Next Steps?

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