3 Bed Terraced House, Refurb/BRRR, London, SE23 1PQ, £650,000

Kilgour Road, London, SE23 1PQ - 4 views - 2 months ago

Sold STC

Refurb/BRRR

~93 m²

+15 photos

ValuationOvervalued

Sold Prices	£515K - £945K
Sold Prices/m²	£5.9K/m² - £11.5K/m²

Square Metres	~93 m²
Price/m²	£7K/m²
Value Estimate	£599,952£599,952

End Value (After Refurb)	£650,000£650,000

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£162,500£162,500
Stamp Duty & Legal Fees	£40,700£40,700
Refurb Costs	£49,200£49,200
Bridging Loan Interest	£17,063£17,063
Total Cash In	£271,213£271,213

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£650,000£650,000
Mortgage (After Refinance)	£487,500£487,500
Mortgage LTV	75%75%
Cash Left In	£271,213£271,213
Equity	£162,500£162,500
Rent Range	£750 - £4,000£750 - £4,000
Rent Estimate	£2,663
Running Costs/mo	£2,584£2,584
Cashflow/mo	£79£79
Cashflow/yr	£950£950
ROI	0%0%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £515K to £945K, average is £707.1K. £5.9K/m² to £11.5K/m², average is £7.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£734K	11/20	0.01 mi	63, Grierson Road, London, Greater London SE23 1PF	£6,383	115	3	Terraced House
£756K	12/20	0.03 mi	76, Grierson Road, London, Greater London SE23 1PE	£6,197	122	3	Terraced House
£700K	11/20	0.04 mi	28, Kilgour Road, London, Greater London SE23 1PQ	£6,796	103	3	Terraced House
£835K	03/21	0.04 mi	29, Holmesley Road, London, Greater London SE23 1PH	-	-	3	Terraced House
£715K	03/21	0.06 mi	7, Courtrai Road, London, Greater London SE23 1PL	-	-	3	Terraced House
£770K	09/21	0.08 mi	28, Parbury Road, London, Greater London SE23 1PA	-	-	3	Terraced House
£940K	12/21	0.1 mi	35, Parbury Road, London, Greater London SE23 1NZ	£6,620	142	3	Terraced House
£945K	03/21	0.1 mi	5, Bartram Road, London, Greater London SE4 2DQ	-	-	3	Terraced House
£707.5K	11/20	0.11 mi	8, Tatnell Road, London, Greater London SE23 1JY	£7,640	93	3	Terraced House
£775K	03/21	0.11 mi	10, Tatnell Road, London, Greater London SE23 1JY	£7,990	97	3	Terraced House
£740K	06/21	0.12 mi	2, Bartram Road, London, Greater London SE4 2DQ	-	-	3	Semi-Detached House
£741K	11/20	0.12 mi	154, Grierson Road, London, Greater London SE23 1NX	£8,054	92	3	Terraced House
£800K	11/22	0.13 mi	33, Tatnell Road, London, Greater London SE23 1JX	£8,696	92	3	Semi-Detached House
£755K	01/21	0.14 mi	12, Riseldine Road, London, Greater London SE23 1JU	-	-	3	Terraced House
£757.8K	12/22	0.14 mi	28, Riseldine Road, London, Greater London SE23 1JU	£8,148	93	3	Terraced House
£600K	04/22	0.15 mi	194, Brockley Rise, London, Greater London SE23 1NW	£6,186	97	3	Detached House
£705K	01/21	0.16 mi	37, Riseldine Road, London, Greater London SE23 1JT	£7,500	94	3	Terraced House
£580K	01/21	0.16 mi	25, Cypress Gardens, London, Greater London SE4 2FB	£7,160	81	3	Terraced House
£585K	03/21	0.18 mi	143b, Brockley Rise, London, Greater London SE23 1NL	£7,800	75	3	Terraced House
£650K	12/21	0.2 mi	35, Eddystone Road, London, Greater London SE4 2DE	-	-	3	Terraced House
£627.5K	06/21	0.2 mi	5, Eddystone Road, London, Greater London SE4 2DE	£5,920	106	3	Terraced House
£725K	12/22	0.22 mi	4, Ballina Street, London, Greater London SE23 1DR	-	-	3	Terraced House
£810K	02/23	0.23 mi	4, Brockley Hall Road, London, Greater London SE4 1RH	£10,519	77	3	Terraced House
£610K	03/23	0.23 mi	1, Brockley Hall Road, London, Greater London SE4 1RH	-	-	3	Terraced House
£590K	02/21	0.25 mi	24, Brockley Grove, London, Greater London SE4 1QZ	£7,468	79	3	Terraced House
£750K	08/23	0.25 mi	3, Buckthorne Road, London, Greater London SE4 2DB	£8,523	88	3	Semi-Detached House
£836.9K	03/23	0.26 mi	42, Stillness Road, London, Greater London SE23 1NQ	-	-	3	Terraced House
£647.5K	12/20	0.26 mi	14, Hazeldon Road, London, Greater London SE4 2DD	£5,940	109	3	Semi-Detached House
£650K	03/23	0.28 mi	12, Bearstead Rise, London, Greater London SE4 1RQ	-	-	3	Terraced House
£641K	05/23	0.28 mi	16, Bearstead Rise, London, Greater London SE4 1RQ	£8,547	75	3	Terraced House
£615K	02/21	0.28 mi	10, Bearstead Rise, London, Greater London SE4 1RQ	-	-	3	Terraced House
£620K	04/21	0.29 mi	5a, Codrington Hill, London, Greater London SE23 1LR	£6,889	90	3	Terraced House
£690K	05/21	0.29 mi	28, Holdenby Road, London, Greater London SE4 2DA	£9,102	76	3	Terraced House
£790K	04/23	0.31 mi	101b, Honor Oak Park, London, Greater London SE23 3LB	-	-	3	Semi-Detached House
£605K	02/21	0.31 mi	78, Brockley Grove, London, Greater London SE4 1RJ	£6,237	97	3	Terraced House
£615K	05/23	0.31 mi	48, Brockley Grove, London, Greater London SE4 1RJ	-	-	3	Terraced House
£664K	06/23	0.31 mi	64, Brockley Grove, London, Greater London SE4 1RJ	-	-	3	Terraced House
£582.5K	02/23	0.31 mi	46, Brockley Grove, London, Greater London SE4 1RJ	-	-	3	Terraced House
£515K	02/21	0.32 mi	63, Brenchley Gardens, London, Greater London SE23 3RD	£6,358	81	3	Semi-Detached House
£675K	08/21	0.32 mi	326, Devonshire Road, London, Greater London SE23 3TH	-	-	3	Terraced House
£835K	12/22	0.33 mi	52, Ackroyd Road, London, Greater London SE23 1DL	£6,473	129	3	Terraced House
£752.5K	06/21	0.33 mi	140, Crofton Park Road, London, Greater London SE4 1AL	-	-	3	Terraced House
£640K	01/22	0.34 mi	167, Athenlay Road, London, Greater London SE15 3EJ	-	-	3	Semi-Detached House
£550K	06/21	0.34 mi	159, Brenchley Gardens, London, Greater London SE23 3RF	£5,914	93	3	Semi-Detached House
£799K	02/21	0.35 mi	14, Brockley View, London, Greater London SE23 1SN	£7,467	107	3	Semi-Detached House
£635K	12/22	0.35 mi	12, Horsmonden Road, London, Greater London SE4 1RG	-	-	3	Terraced House
£706.7K	12/22	0.35 mi	113, Crofton Park Road, London, Greater London SE4 1AJ	£6,928	102	3	Terraced House
£710K	09/21	0.35 mi	187, Crofton Park Road, London, Greater London SE4 1AJ	£7,474	95	3	Terraced House
£874K	01/23	0.35 mi	133, Crofton Park Road, London, Greater London SE4 1AJ	£8,653	101	3	Terraced House
£885K	03/22	0.36 mi	46, Athenlay Road, London, Greater London SE15 3EL	£11,514	77	3	Semi-Detached House

Local Rents

35 rents from £750/mo to £4K/mo, average is £2.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,350	02/25	0.05 mi	-	3	Terraced House
£2,625	08/24	0.1 mi	Stondon Park, Honor Oak, London, SE23	3	Flat
£2,550	08/24	0.1 mi	Stondon Park, Honor Oak, London, SE23	3	Flat
£2,700	03/25	0.18 mi	-	3	Terraced House
£2,450	08/24	0.19 mi	Honor Oak Park, Forest Hill	3	Flat
£2,600	08/24	0.2 mi	Eddystone Road London SE4	3	Terraced House
£2,750	08/24	0.21 mi	Ballina Street, Forest Hill	3	House
£2,850	08/24	0.26 mi	Grierson Road, Honor Oak	3	Terraced House
£2,600	08/24	0.28 mi	Bearstead Rise Brockley SE4	3	Terraced House
£2,200	12/24	0.28 mi	-	3	Flat
£2,600	03/25	0.31 mi	-	3	Semi-Detached House
£1,750	08/24	0.33 mi	Honor Oak Park, London, SE23	3	Flat
£3,000	08/24	0.36 mi	Garthorne Road, London, SE23	3	Terraced House
£3,000	08/24	0.36 mi	Garthorne Road, Forest Hill	3	Semi-Detached House
£2,750	09/24	0.37 mi	-	3	Terraced House
£3,300	08/24	0.41 mi	Hawkslade Road, Honor Oak Park, London, SE15	3	Flat
£2,800	08/24	0.43 mi	Athenlay Road, Peckham, London, SE15	3	House
£3,500	08/24	0.44 mi	Ivydale Road, Nunhead, London, SE15	3	House
£4,000	08/24	0.45 mi	-	3	Terraced House
£2,700	04/25	0.47 mi	-	3	Semi-Detached House
£2,400	08/24	0.49 mi	-	3	Semi-Detached House
£2,500	08/24	0.49 mi	Brightling Road, Crofton Park	3	Detached House
£2,700	04/25	0.51 mi	-	3	Semi-Detached House
£2,700	04/25	0.51 mi	-	3	Semi-Detached House
£2,700	12/24	0.51 mi	-	3	Flat
£2,500	08/24	0.51 mi	Hawkslade Road, Peckham Rye, London, SE15	3	Flat
£2,750	08/24	0.53 mi	Manwood Road, Brockley, London, SE4	3	House
£2,700	11/24	0.53 mi	-	3	Terraced House
£2,300	11/24	0.54 mi	-	3	Flat
£3,500	08/24	0.54 mi	Rye Road London SE15	3	Flat
£2,995	08/24	0.56 mi	Brockill Crescent, London, SE4 2QB	3	Flat
£2,750	08/24	0.56 mi	Manwood Road, Brockley, London, SE4	3	House
£750	02/24	0.56 mi	-	3	Terraced House
£800	10/24	0.56 mi	-	3	Terraced House
£2,800	08/24	0.59 mi	Reynolds Road, Peckham	3	Flat

Local Area Statistics

Population in SE23	33,68233,682
Population in London	4,771,9214,771,921
Town centre distance	5.94 miles away5.94 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.20 miles away0.20 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 £650,000

February 8, 2025

Floor Plans

Description

Chain free +
In excess of 1400 sq ft +
Freehold +
End of terrace +
Garage +
Potential to extend STPP +

Bryan & Keegan are delighted to present this spacious 3-Bed End of Terrace Home with Garage offered to the market with no onward chain.

Nestled in the heart of Honor Oak, this well-maintained three-bedroom, two-bathroom end-of-terrace property is brimming with potential. Offering an exciting opportunity for buyers to add their own personal touch, this home is ideal for a growing family looking to create their dream space. With scope for modernisation and extension (STPP), the possibilities are endless.

The property boasts a spacious layout, a garage, and a private garden, providing ample outdoor space. Situated on a peaceful residential street, it is just 0.3 miles from Honor Oak Park Station, ensuring swift connections into Central London. Families will appreciate the outstanding schools within 0.5 miles, while the vibrant local community offers an array of independent cafés, restaurants, boutique shops, and green spaces to explore.

Agent Details

Bryan & Keegan, London

020 3866 6727

Next Steps?

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

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