2 Bed Flat, Planning Permission, London, SE23 3HY, £400,000





ValuationUndervalued
Sold Prices | £250K - £595K |
Sold Prices/m² | £1.7K/m² - £8.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £5.9K/m² |
Value Estimate | £433,086£433,086 |
BMV | 8% |
Investment Opportunity
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £100,000£100,000 |
Stamp Duty & Legal Fees | £28,700£28,700 |
Total Cash In | £128,700£128,700 |
| |
Cash Out | |
Rent Range | £1,460 - £3,000£1,460 - £3,000 |
Rent Estimate | £1,500 |
Running Costs/mo | £1,570£1,570 |
Cashflow/mo | £-70£-70 |
Cashflow/yr | £-840£-840 |
Gross Yield | 5%5% |
Local Sold Prices
50 sold prices from £250K to £595K, average is £373.8K. £1.7K/m² to £8.5K/m², average is £6.4K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£335K | 04/23 | 0.1 mi | 14, Church Vale, London, Greater London SE23 2UW | £5,877 | 57 | 2 | Flat | |
£350K | 06/23 | 0.15 mi | Flat 32, Vale Lodge, Perry Vale, London, Greater London SE23 2LG | - | - | 2 | Flat | |
£332K | 12/20 | 0.15 mi | Flat 38, Vale Lodge, Perry Vale, London, Greater London SE23 2LG | - | - | 2 | Flat | |
£300K | 02/21 | 0.15 mi | Flat 31, Vale Lodge, Perry Vale, London, Greater London SE23 2LG | - | - | 2 | Flat | |
£366K | 09/23 | 0.15 mi | Flat 46, Vale Lodge, Perry Vale, London, Greater London SE23 2LG | - | - | 2 | Flat | |
£427.5K | 08/21 | 0.16 mi | 49a, Devonshire Road, London, Greater London SE23 3EN | £4,803 | 89 | 2 | Flat | |
£455K | 02/23 | 0.18 mi | 62a, Westbourne Drive, London, Greater London SE23 2UN | £8,125 | 56 | 2 | Flat | |
£395K | 12/20 | 0.19 mi | Flat 21, Taymount Grange, Taymount Rise, Forest Hill, London, Greater London SE23 3UH | - | - | 2 | Flat | |
£473K | 08/23 | 0.19 mi | Flat 86, Taymount Grange, Taymount Rise, Forest Hill, London, Greater London SE23 3UJ | - | - | 2 | Flat | |
£355K | 04/21 | 0.21 mi | 141, Dartmouth Road, London, Greater London SE23 3HX | £5,000 | 71 | 2 | Flat | |
£539K | 12/20 | 0.22 mi | Flat 1, Queens Court, Taymount Rise, London, Greater London SE23 3UP | - | - | 2 | Flat | |
£335K | 12/20 | 0.24 mi | Flat 34, Forest Croft, Taymount Rise, Forest Hill, London, Greater London SE23 3UN | - | - | 2 | Flat | |
£375K | 02/21 | 0.24 mi | Flat 2, Forest Croft, Taymount Rise, London, Greater London SE23 3UN | - | - | 2 | Flat | |
£293K | 06/21 | 0.24 mi | Flat 3, Forest Croft, Taymount Rise, Forest Hill, London, Greater London SE23 3UN | - | - | 2 | Flat | |
£375K | 06/21 | 0.25 mi | Flat 6, Hillhurst Court, South Road, London, Greater London SE23 2UE | - | - | 2 | Flat | |
£595K | 06/23 | 0.26 mi | Apartment 9, The Apostles, Church Rise, London, Greater London SE23 2UD | - | - | 2 | Flat | |
£365K | 03/21 | 0.26 mi | 85, Eliot Bank, London, Greater London SE23 3XD | £6,404 | 57 | 2 | Flat | |
£335K | 06/23 | 0.26 mi | 95, Longfield Crescent, Sydenham, London, Greater London SE26 4DT | £5,076 | 66 | 2 | Flat | |
£320K | 12/20 | 0.28 mi | 37, Longfield Crescent, Sydenham, London, Greater London SE26 4DU | £4,923 | 65 | 2 | Flat | |
£312.5K | 03/23 | 0.28 mi | 43, Longfield Crescent, Sydenham, London, Greater London SE26 4DU | £4,596 | 68 | 2 | Flat | |
£400K | 12/20 | 0.28 mi | 76c, Honor Oak Road, London, Greater London SE23 3RR | £6,667 | 60 | 2 | Flat | |
£450K | 02/24 | 0.28 mi | Flat 1, Mayode House, Round Hill, London, Greater London SE26 4RF | £7,258 | 62 | 2 | Flat | |
£465K | 12/20 | 0.28 mi | 23b, Rockbourne Road, London, Greater London SE23 2DA | £1,729 | 269 | 2 | Flat | |
£370K | 06/23 | 0.29 mi | 82, Bampton Road, London, Greater London SE23 2AX | £6,491 | 57 | 2 | Flat | |
£400K | 06/23 | 0.29 mi | 84, Bampton Road, London, Greater London SE23 2AX | £6,966 | 57 | 2 | Flat | |
£387.5K | 12/21 | 0.3 mi | 38a, Rockbourne Road, London, Greater London SE23 2DD | - | - | 2 | Flat | |
£372.5K | 06/21 | 0.3 mi | 53b, Waldram Park Road, London, Greater London SE23 2PW | £6,314 | 59 | 2 | Flat | |
£320K | 07/23 | 0.31 mi | Flat 6, Simone Court, Dartmouth Road, London, Greater London SE26 4RP | - | - | 2 | Flat | |
£312.5K | 04/23 | 0.31 mi | Flat C, 122, Devonshire Road, London, Greater London SE23 3SX | - | - | 2 | Flat | |
£367K | 09/23 | 0.31 mi | 181, Longfield Crescent, Sydenham, London, Greater London SE26 4DR | £5,646 | 65 | 2 | Flat | |
£250K | 06/21 | 0.32 mi | 90a, Devonshire Road, London, Greater London SE23 3SX | £4,984 | 50 | 2 | Flat | |
£426K | 04/21 | 0.33 mi | 24, Sydenham Park Road, London, Greater London SE26 4ED | £6,174 | 69 | 2 | Flat | |
£322.5K | 06/23 | 0.34 mi | Flat 6, Cheney Court, Waldram Park Road, London, Greater London SE23 2PL | - | - | 2 | Flat | |
£290K | 11/20 | 0.35 mi | 33b, Sunderland Road, London, Greater London SE23 2PS | £6,113 | 47 | 2 | Flat | |
£398.5K | 10/21 | 0.35 mi | 96, Stanstead Road, Forest Hill, London, Greater London SE23 1BS | £5,175 | 77 | 2 | Flat | |
£350K | 12/20 | 0.36 mi | 38b, Ewelme Road, London, Greater London SE23 3BH | £8,537 | 41 | 2 | Flat | |
£500K | 01/23 | 0.4 mi | Flat 18, Frobisher Court, Sydenham Rise, London, Greater London SE23 3XH | - | - | 2 | Flat | |
£450K | 05/21 | 0.4 mi | 61, Sydenham Park Road, London, Greater London SE26 4DL | £5,294 | 85 | 2 | Flat | |
£445K | 07/23 | 0.4 mi | 6, Aylward Road, London, Greater London SE23 2JE | £7,807 | 57 | 2 | Flat | |
£485K | 02/23 | 0.42 mi | Ground Floor Flat, 133, Honor Oak Road, London, Greater London SE23 3SL | - | - | 2 | Flat | |
£315K | 09/21 | 0.42 mi | 24 Ashton Heights, Horniman Drive, London, Greater London SE23 3BS | - | - | 2 | Flat | |
£450K | 03/21 | 0.42 mi | 37b, Siddons Road, London, Greater London SE23 2JH | £7,483 | 60 | 2 | Flat | |
£325K | 06/21 | 0.43 mi | Flat 1, Parfew Court, Sydenham Hill, London, Greater London SE23 3PP | - | - | 2 | Flat | |
£567.5K | 06/23 | 0.44 mi | 47, Farren Road, London, Greater London SE23 2DZ | £7,006 | 81 | 2 | Flat | |
£435.8K | 08/21 | 0.45 mi | 24, Shipman Road, London, Greater London SE23 2DY | £6,704 | 65 | 2 | Flat | |
£320K | 11/20 | 0.46 mi | Flat 3, Baxter House, Horniman Drive, London, Greater London SE23 3BJ | - | - | 2 | Flat | |
£375K | 05/21 | 0.46 mi | Flat 30, Bromleigh Court, Sydenham Hill, London, Greater London SE23 3PW | - | - | 2 | Flat | |
£350K | 07/23 | 0.47 mi | 150c, Devonshire Road, London, Greater London SE23 3SZ | £7,674 | 46 | 2 | Flat | |
£460K | 11/20 | 0.47 mi | 14a, Sydenham Park, London, Greater London SE26 4EQ | £6,970 | 66 | 2 | Flat | |
£420K | 03/21 | 0.47 mi | 27b, Como Road, London, Greater London SE23 2JL | £7,778 | 54 | 2 | Flat |
Local Rents
50 rents from £1.5K/mo to £3K/mo, average is £1.9K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,650 | 09/24 | 0.01 mi | Dartmouth Road, Forest Hill, London, SE23 | 2 | Flat | |
£2,125 | 04/25 | 0.05 mi | - | 2 | Flat | |
£1,650 | 08/24 | 0.05 mi | London Road, London, SE23 | 2 | Flat | |
£1,750 | 08/24 | 0.05 mi | Bird in Hand Mews, London, SE23 | 2 | Flat | |
£1,650 | 08/24 | 0.05 mi | Bird In Hand Mews, London, United Kingdom, SE23 | 2 | Flat | |
£1,800 | 09/24 | 0.06 mi | - | 2 | Flat | |
£1,800 | 08/24 | 0.06 mi | Hamlet House, London, SE23 | 2 | Flat | |
£1,650 | 08/24 | 0.06 mi | Windley Close, Forest Hill, SE23 | 2 | Flat | |
£1,650 | 11/24 | 0.06 mi | - | 2 | Flat | |
£2,000 | 10/24 | 0.07 mi | - | 2 | Flat | |
£1,800 | 11/24 | 0.08 mi | - | 2 | Flat | |
£1,800 | 08/24 | 0.1 mi | Perry Vale, Forest Hill, SE23 | 2 | Flat | |
£2,200 | 08/24 | 0.1 mi | London Road London SE23 | 2 | Flat | |
£1,750 | 08/24 | 0.1 mi | Dartmouth Place, Forest Hill, London, SE23 | 2 | Flat | |
£2,000 | 03/25 | 0.1 mi | - | 2 | Flat | |
£3,000 | 08/24 | 0.12 mi | Havelock Walk London SE23 | 2 | Flat | |
£2,200 | 09/24 | 0.12 mi | Hindsleys Place London SE23 | 2 | Flat | |
£1,895 | 08/24 | 0.13 mi | London Road, London, SE23 | 2 | Flat | |
£1,795 | 08/24 | 0.13 mi | London Road, London, SE23 | 2 | Flat | |
£1,600 | 02/24 | 0.14 mi | - | 2 | House | |
£1,500 | 02/24 | 0.15 mi | - | 2 | Flat | |
£1,850 | 08/24 | 0.15 mi | Westbourne Drive, SE23 | 2 | Flat | |
£1,995 | 02/24 | 0.16 mi | - | 2 | House | |
£1,460 | 02/25 | 0.16 mi | - | 2 | Flat | |
£1,460 | 02/25 | 0.16 mi | - | 2 | Flat | |
£2,100 | 08/24 | 0.16 mi | - | 2 | Flat | |
£1,650 | 10/24 | 0.16 mi | - | 2 | Flat | |
£2,400 | 11/24 | 0.17 mi | - | 2 | Flat | |
£2,300 | 08/24 | 0.17 mi | Taymount Rise London SE23 | 2 | Flat | |
£1,800 | 11/24 | 0.17 mi | - | 2 | Flat | |
£1,900 | 08/24 | 0.17 mi | - | 2 | Flat | |
£2,000 | 08/24 | 0.17 mi | Devonshire Road, Forest Hill, SE23 | 2 | Flat | |
£2,000 | 08/24 | 0.18 mi | Forest Hill, London, SE23 | 2 | Flat | |
£2,000 | 09/24 | 0.18 mi | - | 2 | Flat | |
£2,650 | 02/25 | 0.19 mi | - | 2 | Flat | |
£2,000 | 08/24 | 0.19 mi | Taymount Rise, London, SE23 | 2 | Flat | |
£1,950 | 12/24 | 0.19 mi | - | 2 | Flat | |
£1,980 | 03/25 | 0.19 mi | - | 2 | Flat | |
£1,600 | 09/24 | 0.19 mi | Taymount Grange, Forest Hill, SE23 | 2 | Flat | |
£1,800 | 08/24 | 0.2 mi | Taymount Rise, Forest Hill SE23 | 2 | Flat | |
£1,650 | 08/24 | 0.21 mi | Taymount Rise, Forest Hill, London, SE23 | 2 | Flat | |
£1,850 | 02/25 | 0.21 mi | - | 2 | Flat | |
£2,250 | 08/24 | 0.21 mi | Stanstead Road, London SE23 | 2 | Flat | |
£2,000 | 08/24 | 0.21 mi | Stanstead Road, London SE23 | 2 | Flat | |
£2,000 | 08/24 | 0.21 mi | Stanstead Road London SE23 | 2 | Flat | |
£1,550 | 08/24 | 0.21 mi | Dacres Road, London, SE23 | 2 | Flat | |
£1,750 | 11/24 | 0.21 mi | - | 2 | Flat | |
£1,900 | 03/25 | 0.21 mi | - | 2 | Flat | |
£1,850 | 08/24 | 0.22 mi | Andrew Court, 38 Church Rise, London, SE23 | 2 | Flat | |
£1,500 | 08/24 | 0.23 mi | - | 2 | Flat |
Local Area Statistics
Population in SE23 | 33,68233,682 |
Population in London | 4,771,9214,771,921 |
Town centre distance | 6.59 miles away6.59 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 0.09 miles away0.09 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +13%+13% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +4%+4% |
Property History
Listed for £400,000
February 6, 2025
Floor Plans

Description
- GROUND FLOOR +
- Two double bedrooms +
- DIRECT ACCESS TO GARDEN +
- Great location for all facilities of Forest Hill town centre +
- NEW BOILER WITH 5 YEAR WARRANTY +
- SHARE OF FREEHOLD +
- JUST REDECORATED +
- CHAIN FREE +
- Guide price £400,000 to £450,000 +
Guide price £400,000 to £450,000. CHAIN FREE, 2 double bedroom ground floor flat with direct access to garden, NEW BOILER WITH 5 YEAR WARRANTY, just redecorated, SHARE OF FREEHOLD , superb location for access to the station, town centre, recreation as well as socialising.
Description - Guide price of £400,000 to £450,000
Contact Hunters to arrange for FREE mortgage advice and obtain a MULTI LENDER agreement in principle.
Contact Hunters to arrange your free conveyancing quotation. Find out about potential costs including stamp duty, local authority and other searches from our partner conveyancing firm who have been voted in the top 1% of firms in the country.
Being offered chain free with a share of freehold, a new boiler with year warranty and having just been redecorated this 2 double bedroom ground floor flat with direct access to garden will appeal to many buyers.
The property is located centrally for Forest Hill, approximately 0.3 miles from the town centre meaning that the station and local amenities are in proximity. Sydenham town centre is also in proximity offering the best of both towns.
Positioned on Dartmouth Road in an area that has a village vibe due to the boutique stores and local cafes / coffee shops etc, this is an increasingly popular location. One of the stand out features of this location is the proximity to Sydenham Hill woods and the Horniman Museum and gardens.
Approximately 0.2 miles away you will also find the highly acclaimed Forest Hill Pools which is the local leisure centre, along with the neighbouring local library.
On route to the station you will note a selection of local businesses such as deli's, cafes, restaurants and gastro pubs to name but a few.
Transport from Forest Hill station can take you to some of the following London stations to name only a handful:
London Bridge in approximately 17 minutes.
Shoreditch High Street in approximately 22 minutes.
Victoria station in approximately 30 minutes.
Canary Wharf in approximately 23 minutes.
The Horniman Museum and Gardens is a well-known local point of interest and can be found approximately 0.5 miles away. With regular events such as a farmer’s market, live music and seasonal festivals to name a few.
You can read more about the Horniman museum and gardens here:
As well as having a Sainsbury’s, Forest Hill is well served with a variety of high quality independent shops, including a renowned traditional butcher. There are also gastro pubs, a gym, cafés, delis and restaurants to name but a few of its excellent amenities.
The Sylvan Post, a well-known pub, Canvas and Cream and Stag and Bow all variously host, music events, exhibitions and craft days, and have brought to Forest Hill a cool and trendy vibe.
If you ever desire a further choice of drinking and eating establishments, then the vibrancy of Dulwich can be found a walk or bus ride away.
Forest Hill is well known for some of the local schools. In particular, the highly acclaimed Eliot Bank is in proximity and is OFSTED rated “Outstanding” as well as being ranked in the top 10% of Ofsted rated schools.
There is also several OFSTED rated “Good” schools locally and Rose Mount Montessori Primary.
Verified Material Information
Council tax band: C
Council tax annual charge: £1811.53 a year (£150.96 a month)
Tenure: Leasehold
Lease length: 999 years remaining (996 years from 2022)
Service charge: £155 pm / £1860 pa
Property type: Flat
Property construction: Standard form
Electricity supply: Mains electricity
Solar Panels: No
Other electricity sources: No
Water supply: Mains water supply
Sewerage: Mains
Heating: Central heating
Heating features: Double glazing
Broadband: FTTP (Fibre to the Premises)
Mobile coverage: O2 - Great, Vodafone - Good, Three - Good, EE - Great
Parking: None
Building safety issues: No
Restrictions - Listed Building: No
Restrictions - Conservation Area: No
Restrictions - Tree Preservation Orders: None
Public right of way: No
Long-term area flood risk: No
Coastal erosion risk: No
Planning permission issues: No
Accessibility and adaptations: None
Coal mining area: No
Non-coal mining area: Yes
Energy Performance rating: D
All information is provided without warranty. Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
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