2 Bed Flat, Single Let, London, SE23 2PN, £400,000

Waldram Park Road, Forest Hill, SE23 2PN - 2 months ago

Leasehold
BTL
~60 m²
+4 photos

ValuationFair Value

Sold Prices£250K - £595K
Sold Prices/m²£1.7K/m² - £8.5K/m²

 

 

Square Metres

~59.50 m²
Price/m²£6.7K/m²

Value Estimate

£394,643

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£31,200

Total Cash In

£131,200

 

 

Cash Out

 

Rent Range

£1,500 - £2,500

Rent Estimate

£1,600

Running Costs/mo

£1,590

Cashflow/mo

£10

Cashflow/yr

£120

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £250K to £595K, average is £400K. £1.7K/m² to £8.5K/m², average is £6.6K/m².

PriceDateDistanceAddressBeds 
£322.5K06/230.01 miFlat 6, Cheney Court, Waldram Park Road, London, Greater London SE23 2PL2
£372.5K06/210.05 mi53b, Waldram Park Road, London, Greater London SE23 2PW2
£290K11/200.05 mi33b, Sunderland Road, London, Greater London SE23 2PS2
£387.5K12/210.08 mi38a, Rockbourne Road, London, Greater London SE23 2DD2
£595K06/230.11 miApartment 9, The Apostles, Church Rise, London, Greater London SE23 2UD2
£398.5K10/210.11 mi96, Stanstead Road, Forest Hill, London, Greater London SE23 1BS2
£465K12/200.11 mi23b, Rockbourne Road, London, Greater London SE23 2DA2
£485K04/210.18 mi65a, Colfe Road, London, Greater London SE23 2ES2
£312.5K04/230.21 miFlat C, 122, Devonshire Road, London, Greater London SE23 3SX2
£513.9K07/230.21 mi5, Loxton Road, Forest Hill, London, Greater London SE23 2ET2
£250K06/210.21 mi90a, Devonshire Road, London, Greater London SE23 3SX2
£375K06/210.22 miFlat 6, Hillhurst Court, South Road, London, Greater London SE23 2UE2
£567.5K06/230.25 mi47, Farren Road, London, Greater London SE23 2DZ2
£335K04/230.25 mi14, Church Vale, London, Greater London SE23 2UW2
£420K03/210.25 mi27b, Como Road, London, Greater London SE23 2JL2
£427.5K08/210.26 mi49a, Devonshire Road, London, Greater London SE23 3EN2
£445K06/230.28 mi8, Grove Close, London, Greater London SE23 1AS2
£376K05/210.28 mi42a, Kilmorie Road, London, Greater London SE23 2ST2
£435.8K08/210.29 mi24, Shipman Road, London, Greater London SE23 2DY2
£450K08/230.3 mi16, Firs Close, London, Greater London SE23 1BB2
£450K03/210.3 mi37b, Siddons Road, London, Greater London SE23 2JH2
£455K02/230.3 mi62a, Westbourne Drive, London, Greater London SE23 2UN2
£350K07/230.31 mi150c, Devonshire Road, London, Greater London SE23 3SZ2
£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
£375K03/210.33 mi48b, Elsinore Road, London, Greater London SE23 2SL2
£375K09/210.33 mi24a, St Germans Road, London, Greater London SE23 1RJ2
£350K12/200.34 mi38b, Ewelme Road, London, Greater London SE23 3BH2
£495.2K07/230.36 mi154, Kilmorie Road, London, Greater London SE23 2SR2
£445K07/230.36 mi6, Aylward Road, London, Greater London SE23 2JE2
£345K03/230.36 miFlat 5, Plumpton Court, Brockley Park, London, Greater London SE23 1PX2
£475.5K02/230.37 mi39, Como Road, London, Greater London SE23 2JL2
£464K11/200.38 mi182c, Devonshire Road, London, Greater London SE23 3TB2
£498K04/210.38 mi64a, Hurstbourne Road, London, Greater London SE23 2AB2
£485K02/230.38 miGround Floor Flat, 133, Honor Oak Road, London, Greater London SE23 3SL2
£342K11/200.41 mi103, Elsinore Road, London, Greater London SE23 2SQ2
£485K06/210.41 mi61, Hurstbourne Road, London, Greater London SE23 2AA2
£390K10/210.43 mi80a, Elsinore Road, London, Greater London SE23 2SN2
£458.8K01/210.43 mi88, Elsinore Road, London, Greater London SE23 2SN2
£435K12/200.43 mi232b, Devonshire Road, London, Greater London SE23 3TQ2
£370K06/230.44 mi82, Bampton Road, London, Greater London SE23 2AX2
£400K06/230.44 mi84, Bampton Road, London, Greater London SE23 2AX2
£435K11/200.45 mi71, St German's Road, London, Greater London SE23 1RY2
£325K09/210.45 mi4b, Fermor Road, London, Greater London SE23 2HN2
£400K12/200.47 mi76c, Honor Oak Road, London, Greater London SE23 3RR2
£507.5K12/200.47 mi71b, Woolstone Road, London, Greater London SE23 2TQ2
£320K11/200.47 miFlat 3, Baxter House, Horniman Drive, London, Greater London SE23 3BJ2
£556K12/200.47 mi3a, Dunoon Road, London, Greater London SE23 3TD2

Local Rents

48 rents from £1.5K/mo to £2.5K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,10008/240.05 miWaldram Park Road London SE232
£1,60008/240.05 miWaldram Park Road, Forest Hill, SE232
£1,95008/240.05 miWaldram Park Road, Forest Hill, London, SE232
£1,60008/240.05 miSunderland Road, Forest Hill, SE232
£1,70009/240.05 miSunderland Road London SE232
£2,50003/250.06 mi-2
£2,20003/250.06 mi-2
£1,50008/240.06 miSunderland Road Forest Hill SE232
£2,20003/250.06 mi-2
£2,00003/250.08 mi-2
£1,85002/240.08 mi-2
£1,70008/240.09 miWaldram Park Road, London2
£1,75002/250.12 mi-2
£2,25009/240.15 miColfe Road Forest Hill SE232
£2,35008/240.15 miStanstead Road, London, SE232
£2,25008/240.15 miColfe Road, Forest Hill, London, SE232
£2,00009/240.16 mi-2
£2,00008/240.16 miForest Hill, London, SE232
£2,00008/240.16 miStanstead Road, London SE232
£2,00008/240.16 miStanstead Road London SE232
£2,25008/240.16 miStanstead Road, London SE232
£1,65008/240.16 miStanstead Road, London, SE232
£2,20008/240.17 miColfe Road, SE232
£1,85008/240.18 miWestbourne Drive, SE232
£1,65008/240.2 miWastdale Road Forest Hill SE232
£2,20009/240.2 miHindsleys Place London SE232
£1,55009/240.22 mi-2
£1,70003/250.22 mi-2
£1,55008/240.22 miDevonshire Road, London, SE232
£2,00008/240.22 miDevonshire Road, Forest Hill, SE232
£1,60008/240.23 miCranston Road, Forest Hill, SE232
£1,80008/240.23 miPerry Vale, Forest Hill, SE232
£1,65008/240.23 miDevonshire Road, Forest Hill, London, SE232
£1,60002/240.23 mi-2
£1,60008/240.23 miDevonshire Road, Forest Hill, SE232
£1,65009/240.24 mi-2
£1,50008/240.24 mi-2
£1,95012/240.25 mi-2
£1,98003/250.25 mi-2
£1,70010/240.25 mi-2
£1,70004/250.25 mi-2
£1,70008/240.25 miStanstead Road, London, SE232
£1,80002/250.25 mi-2
£2,00002/250.26 mi-2
£1,85002/250.26 mi-2
£1,90011/240.26 mi-2
£2,20008/240.26 mi-2
£1,80008/240.27 miComo Road, Forest Hill, London, SE232

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

6.53 miles away

Nearest school

0.20 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Price changed to £400,000

March 24, 2025

Listed for £450,000

February 17, 2025

Floor Plans

Description

  • Two Bedrooms +
  • Separate Kitchen +
  • Fully Renovated +
  • 640 sq ft + +
  • Private Balcony +
  • Great Location +

*OFFERS IN EXCESS OF* A two bedroom purpose built apartment located very close to Forest Hill station. The property has been fully renovated throughout, measures in excess of 640 sq ft and benefits from a private balcony and a large communal garden.

Waldram Park Road is located close to Forest Hill Station from where there are fast and frequent services into London Bridge as well as Overground services towards Shoreditch and Highbury & Islington.

Tenure: Leasehold
Council Tax Band: B

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?

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