2 Bed Flat, Single Let, London, SE23 3QY, £435,000

61 Honor Oak Park, London, SE23 1EA - 2 months ago

Leasehold
BTL
66 m²

ValuationUndervalued

Sold Prices£250K - £632.5K
Sold Prices/m²£4.9K/m² - £9K/m²

 

 

Square Metres

66 m²
Price/m²£6.6K/m²

Value Estimate

£490,769
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£108,750

Stamp Duty & Legal Fees

£23,500

Total Cash In

£132,250

 

 

Cash Out

 

Rent Range

£1,650 - £3,300

Rent Estimate

£1,700

Running Costs/mo

£1,719

Cashflow/mo

£-19

Cashflow/yr

£-232

Gross Yield

5%

Local Sold Prices

51 sold prices from £250K to £632.5K, average is £464K. £4.9K/m² to £9K/m², average is £7.4K/m².

PriceDateDistanceAddressBeds 
£390K03/230.09 mi20, Honor Oak Rise, London, Greater London SE23 3RA2
£405K03/210.12 mi53, Greystead Road, London, Greater London SE23 3SD2
£600K12/200.17 mi35b, Marmora Road, London, Greater London SE22 0RX2
£600K09/210.17 mi29b, Marmora Road, London, Greater London SE22 0RX2
£600K03/210.18 mi23b, Marmora Road, London, Greater London SE22 0RX2
£556K12/200.2 mi3a, Dunoon Road, London, Greater London SE23 3TD2
£340K07/230.23 mi184, Wood Vale, London, Greater London SE23 3EA2
£410K06/210.24 mi34, Therapia Road, London, Greater London SE22 0SE2
£492K06/210.27 miGreenbury Cottage, 105b, Honor Oak Park, London, Greater London SE23 3LB2
£407.5K06/210.28 miFlat 48, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£386.5K11/200.28 miFlat 45, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£430K02/210.28 miFlat 50, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£440K03/210.28 miFlat 25, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£490K03/230.3 mi114a, Forest Hill Road, London, Greater London SE22 0RS2
£540K05/230.3 mi84b, Forest Hill Road, London, Greater London SE22 0RS2
£464K11/200.3 mi182c, Devonshire Road, London, Greater London SE23 3TB2
£435K12/200.3 mi232b, Devonshire Road, London, Greater London SE23 3TQ2
£320K11/200.35 miFlat 3, Baxter House, Horniman Drive, London, Greater London SE23 3BJ2
£350K07/230.35 mi150c, Devonshire Road, London, Greater London SE23 3SZ2
£485K02/230.36 miGround Floor Flat, 133, Honor Oak Road, London, Greater London SE23 3SL2
£373.3K07/230.38 mi172, Grierson Road, London, Greater London SE23 1NU2
£350K12/200.42 mi38b, Ewelme Road, London, Greater London SE23 3BH2
£495K01/210.43 mi17, Hillcourt Road, London, Greater London SE22 0PF2
£580K06/230.43 mi52, Forest Hill Road, London, Greater London SE22 0RR2
£315K09/210.44 mi24 Ashton Heights, Horniman Drive, London, Greater London SE23 3BS2
£585K07/210.44 mi6, Overhill Road, London, Greater London SE22 0PH2
£355K11/200.45 mi38, Athenlay Road, London, Greater London SE15 3EL2
£620K04/210.48 mi107a, Wood Vale, London, Greater London SE23 3DT2
£321.5K08/210.48 mi75, Brenchley Gardens, London, Greater London SE23 3RE2
£440K01/230.48 miGround Floor Flat, 33, Honor Oak Park, London, Greater London SE23 1DZ2
£450K06/230.48 mi18a, Honor Oak Park, London, Greater London SE23 1DY2
£440K05/230.48 mi22a, Ackroyd Road, London, Greater London SE23 1DL2
£507.8K12/200.49 mi19a, Gabriel Street, London, Greater London SE23 1DW2
£615K11/200.49 mi99, Dunstans Road, London, Greater London SE22 0HD2
£320K05/210.49 mi85, Brenchley Gardens, London, Greater London SE23 3RE2
£321.5K08/210.49 mi75, Brenchley Gardens, London, Greater London SE23 3RE2
£250K06/210.49 mi90a, Devonshire Road, London, Greater London SE23 3SX2
£555K02/210.49 mi95, Dunstans Road, London, Greater London SE22 0HD2
£355K01/210.49 miFlat 34, Cityview Court, Overhill Road, London, Greater London SE22 0PZ2
£312.5K04/230.5 miFlat C, 122, Devonshire Road, London, Greater London SE23 3SX2
£540K02/230.51 mi1a, Wyleu Street, London, Greater London SE23 1DU2
£522.5K09/210.51 mi19a, Crebor Street, London, Greater London SE22 0HF2
£575K01/210.52 mi237a, Underhill Road, London, Greater London SE22 0PB2
£540K09/210.52 mi108, Goodrich Road, London, Greater London SE22 0ER2
£490K06/210.52 miLower Flat, 112, Dunstans Road, London, Greater London SE22 0HE2
£540K05/230.52 miLower Flat, 112, Dunstans Road, London, Greater London SE22 0HE2
£632.5K12/200.53 mi73a, Overhill Road, London, Greater London SE22 0PQ2
£510K12/200.55 mi22, Fernholme Road, London, Greater London SE15 3EF2
£500K07/230.55 miFirst Floor Maisonette, 49, Hichisson Road, London, Greater London SE15 3AN2
£500K07/230.55 miFirst Floor Maisonette, 49, Hichisson Road, London, Greater London SE15 3AN2
£430K11/210.55 mi126c, Stondon Park, Forest Hill, London, Greater London SE23 1JS2

Local Rents

49 rents from £1.6K/mo to £3.3K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,00008/240.03 miHonor Oak Rise, Honor Oak Park, London, SE232
£2,05010/240.07 mi-2
£1,75008/240.07 mi-2
£1,75008/240.12 miNetherby Road 2
£2,27511/240.13 mi-2
£2,45010/240.13 mi-2
£1,80009/240.16 miCanonbie Road 2
£1,90008/240.17 miCanonbie Road Forest Hill SE232
£2,40001/250.18 mi-2
£2,27002/250.18 mi-2
£2,50008/240.19 miWoodvale Road, Forest Hill, SE232
£2,50009/240.19 mi-2
£2,25003/250.19 mi-2
£2,30001/250.19 mi-2
£2,20004/250.19 mi-2
£2,20008/240.19 miChurchwood Gardens, Honor Oak2
£2,30008/240.2 miMarmora Road East Dulwich SE222
£2,20008/240.2 miChurchwood Gardens, Forest Hill, London, SE232
£1,95008/240.2 miChurchwood Gardens, Forest Hill, London, SE232
£1,90011/240.21 mi-2
£1,80008/240.21 miThe Manor, Manor Way, London2
£2,20008/240.22 miHonor Oak Road, Honor Oak2
£2,20008/240.22 miChurchwood Gardens, Forest Hill2
£2,20008/240.23 miChurchwood Gardens, Forest Hill2
£2,25008/240.23 miChurchwood Gardens, Forest Hill2
£1,82508/240.24 miCanonbie Road London SE232
£1,80009/240.24 mi-2
£1,75012/240.24 mi-2
£1,74608/240.24 miManor Way, Forest Hill, SE232
£1,98508/240.26 mi-2
£1,98508/240.26 miMundania Court, London, SE222
£1,95008/240.26 miChurchwood Gardens, Honor Oak2
£2,25008/240.28 miForest Hill Road, Dulwich, London, SE222
£1,75008/240.28 miLynfield Court, Devonshire Road, Forest Hill, SE232
£2,60010/240.28 mi-2
£2,50008/240.28 mi-2
£3,30003/250.28 mi-2
£2,90004/250.28 mi-2
£1,70003/250.29 mi-2
£1,65008/240.3 miDevonshire Road, London, SE232
£1,65003/250.31 mi-2
£2,60008/240.31 miWood Vale London SE232
£1,95008/240.32 miDevonshire Rd, Honor Oak, London, SE232
£1,98011/240.32 mi-2
£1,70008/240.35 miBrenchley Gardens, Nunhead2
£1,70008/240.36 miHonor Oak Road, Forest Hill, London, SE232
£1,85008/240.37 miDevonshire Road, London, SE232
£2,10008/240.37 miDevonshire Road, Forest Hill, SE232
£1,85008/240.38 miDevonshire Road, London, SE232

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

5.86 miles away

Nearest school

0.20 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £435,000

February 5, 2025

Floor Plans

Description

  • Top Floor Flat +
  • Two Bedrooms +
  • Gated Development +
  • Allocated Parking Space +
  • Communal Gardens +
  • Close To Stations +

This two bedroom flat is set far back from the main road with secured gated parking and communal gardens. The property offers a bright open plan reception with panoramic south facing city views. It benefits from fitted kitchen, two double bedrooms and bathroom.

Cabrini House is located between Honor Oak and Peckham Rye, minutes walk to Honor Oak Park station for mainline services to London Bridge as well as London Overground services towards Shoreditch and Highbury & Islington. Close to all the local amenities and a short walk to Peckham Rye and Dulwich.

Tenure: Leasehold Lease Years Remaining: 110
Service Charge: £4,000 (Yearly)
Annual Ground Rent: £350
Council Tax Band: D

Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).

Agent Details

Dexters, Honor Oak

020 8291 9556

Next Steps?

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