2 Bed Flat, Single Let, London, SE23 2JH, £500,000

Siddons Road, Forest Hill, SE23 2JH - 1 views - 2 months ago

Leasehold
BTL
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£252K - £818K
Sold Prices/m²£1.7K/m² - £11K/m²

 

 

Square Metres

~68.11 m²
Price/m²£7.3K/m²

Value Estimate

£442,124

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£153,700

 

 

Cash Out

 

Rent Range

£1,460 - £2,800

Rent Estimate

£1,544

Running Costs/mo

£1,891

Cashflow/mo

£-347

Cashflow/yr

£-4,168

Gross Yield

4%

Local Sold Prices

50 sold prices from £252K to £818K, average is £399.3K. £1.7K/m² to £11K/m², average is £6.5K/m².

PriceDateDistanceAddressBeds 
£450K03/210 mi37b, Siddons Road, London, Greater London SE23 2JH2
£435.8K08/210.04 mi24, Shipman Road, London, Greater London SE23 2DY2
£445K07/230.09 mi6, Aylward Road, London, Greater London SE23 2JE2
£567.5K06/230.09 mi47, Farren Road, London, Greater London SE23 2DZ2
£420K03/210.13 mi27b, Como Road, London, Greater London SE23 2JL2
£375K06/210.17 miFlat 6, Hillhurst Court, South Road, London, Greater London SE23 2UE2
£495.2K07/230.18 mi154, Kilmorie Road, London, Greater London SE23 2SR2
£513.9K07/230.2 mi5, Loxton Road, Forest Hill, London, Greater London SE23 2ET2
£478K08/210.23 miGround Floor Flat, 4, Perry Rise, London, Greater London SE23 2QL2
£595K06/230.23 miApartment 9, The Apostles, Church Rise, London, Greater London SE23 2UD2
£390K10/210.23 mi80a, Elsinore Road, London, Greater London SE23 2SN2
£458.8K01/210.23 mi88, Elsinore Road, London, Greater London SE23 2SN2
£507.5K12/200.25 mi71b, Woolstone Road, London, Greater London SE23 2TQ2
£290K11/200.26 mi33b, Sunderland Road, London, Greater London SE23 2PS2
£342K11/200.26 mi103, Elsinore Road, London, Greater London SE23 2SQ2
£455K02/230.26 mi62a, Westbourne Drive, London, Greater London SE23 2UN2
£475.5K02/230.27 mi39, Como Road, London, Greater London SE23 2JL2
£485K04/210.27 mi65a, Colfe Road, London, Greater London SE23 2ES2
£376K05/210.3 mi42a, Kilmorie Road, London, Greater London SE23 2ST2
£350K06/230.31 miFlat 32, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£332K12/200.31 miFlat 38, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£300K02/210.31 miFlat 31, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£366K09/230.31 miFlat 46, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£370K06/230.31 mi82, Bampton Road, London, Greater London SE23 2AX2
£400K06/230.31 mi84, Bampton Road, London, Greater London SE23 2AX2
£322.5K06/230.31 miFlat 6, Cheney Court, Waldram Park Road, London, Greater London SE23 2PL2
£335K04/230.32 mi14, Church Vale, London, Greater London SE23 2UW2
£375K03/210.33 mi48b, Elsinore Road, London, Greater London SE23 2SL2
£372.5K06/210.33 mi53b, Waldram Park Road, London, Greater London SE23 2PW2
£818K02/230.34 mi49, Mayow Road, London, Greater London SE23 2XH2
£455K09/210.36 mi98, Queenswood Road, London, Greater London SE23 2QS2
£495K11/200.36 mi14a, Woolstone Road, London, Greater London SE23 2SG2
£498K04/210.37 mi64a, Hurstbourne Road, London, Greater London SE23 2AB2
£387.5K12/210.37 mi38a, Rockbourne Road, London, Greater London SE23 2DD2
£485K06/210.39 mi61, Hurstbourne Road, London, Greater London SE23 2AA2
£465K12/200.4 mi23b, Rockbourne Road, London, Greater London SE23 2DA2
£398.5K10/210.41 mi96, Stanstead Road, Forest Hill, London, Greater London SE23 1BS2
£335K06/230.43 mi95, Longfield Crescent, Sydenham, London, Greater London SE26 4DT2
£367K09/230.44 mi181, Longfield Crescent, Sydenham, London, Greater London SE26 4DR2
£375K09/210.45 mi24a, St Germans Road, London, Greater London SE23 1RJ2
£325K09/210.46 mi4b, Fermor Road, London, Greater London SE23 2HN2
£427.5K08/210.47 mi49a, Devonshire Road, London, Greater London SE23 3EN2
£355K04/210.47 mi141, Dartmouth Road, London, Greater London SE23 3HX2
£252K09/210.48 miFlat 5, Howard Park House, Perry Hill, London, Greater London SE6 4LZ2
£505K12/200.48 mi9, Niederwald Road, London, Greater London SE26 4AD2
£320K12/200.49 mi37, Longfield Crescent, Sydenham, London, Greater London SE26 4DU2
£312.5K03/230.49 mi43, Longfield Crescent, Sydenham, London, Greater London SE26 4DU2
£400K01/230.49 mi39, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AJ2
£278K03/210.49 mi35, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AJ2
£445K06/230.49 mi8, Grove Close, London, Greater London SE23 1AS2

Local Rents

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

RentDateDistanceAddressBeds 
£1,80008/240.05 miCharlotte Parade, Shipman Road, London, SE232
£2,00002/250.06 mi-2
£1,95008/240.1 mi-2
£1,85011/230.11 miPerry Vale, London, SE232
£1,80008/240.12 miComo Road, Forest Hill, London, SE232
£1,62508/240.17 mi-2
£2,15008/240.18 miKilmorie Road London SE232
£1,70001/250.18 mi-2
£1,70008/240.19 miWynell Road, London, SE23 2LN2
£2,00003/250.19 mi-2
£2,10004/250.19 mi-2
£1,75002/250.19 mi-2
£1,80008/240.2 miNewbridge Point, Windrush Lane London SE232
£1,85008/240.21 miAndrew Court, 38 Church Rise, London, SE232
£2,20008/240.22 miColfe Road, SE232
£1,85002/250.22 mi-2
£1,70004/250.23 mi-2
£1,65004/250.24 mi-2
£1,77508/240.25 mi-2
£1,80002/240.25 mi-2
£1,60008/240.26 miSunderland Road, Forest Hill, SE232
£1,70009/240.26 miSunderland Road London SE232
£1,80008/240.26 mi-2
£2,80008/240.27 miVancouver Road, SE232
£2,00003/250.27 mi-2
£2,25009/240.28 miColfe Road Forest Hill SE232
£2,25008/240.28 miColfe Road, Forest Hill, London, SE232
£1,99508/240.29 mi-2
£1,75011/240.29 mi-2
£1,80003/250.3 mi-2
£1,90008/240.3 miElsinore Road, London, SE232
£2,10008/240.31 miElsinore Road, London, SE232
£2,05002/240.31 mi-2
£2,10009/240.31 mi-2
£2,10001/250.31 mi-2
£1,85008/240.31 miWestbourne Drive, SE232
£1,60008/240.31 miCranston Road, Forest Hill, SE232
£1,99502/240.31 mi-2
£1,46002/250.31 mi-2
£1,46002/250.31 mi-2
£1,50002/240.31 mi-2
£2,20008/240.31 miHouston Road, London, SE232
£1,70008/240.31 miWaldram Park Road, London2
£1,60004/250.32 mi-2
£2,30012/240.32 mi-2
£1,55008/240.32 miDacres Road, London, SE232
£1,95008/240.33 miWaldram Park Road, Forest Hill, London, SE232
£2,00002/250.33 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

6.83 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 £500,000

February 12, 2025

Floor Plans

Description

  • Two Double Bedrooms +
  • First Floor Victorian Conversion +
  • Private SW Facing Garden +
  • Modern Open Plan Lounge and Kitchen +
  • Close to Forest Hill Station +
  • EPC Rating D +
  • Council Band B +
  • 99 Year Lease +
  • Low Maintenance Garden +
  • Modern Bathroom +

A two double bedroom first floor Victorian conversion with direct access to a private SW facing garden, located on a popular street close to Forest Hill station and town centre.  The property is offered in great condition throughout and has a spacious, modern open plan lounge and kitchen at the front with three large sash windows, a modern bathroom suite, and two generously sized double bedrooms, the master having built in fitted wardrobes. There is also a fully boarded and insulated loft which is great for storage. The property measures 714 sq ft.  The garden, accessed via a metal staircase off of the second bedroom, is a low maintenance area with slat and paved flooring, bordered by raised beds.   Siddons Road is a short walk from Forest Hill town centre, home to trendy cafes, pubs and shops. There is also easy access to bars, markets and parks in neighboring East Dulwich, Peckham, Brockley and Crystal Palace. Leasehold: 99 years and 7 months Ground Rent £10.00 per annum Service Charge £65.57 per month, falling to £56.48 per month from April 2025 Council Tax Band B EPC Rating D

Agent Details

Benjamin Matthews, Forest Hill - Sales

020 3835 6485

Next Steps?

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