2 Bed Flat, Single Let, London, SE22 0RR, £425,000

Forest Hill Road, London, SE22 0RR - 1 views - 2 months ago

Leasehold

BTL

~68 m²

+12 photos

ValuationUndervalued

Sold Prices	£250K - £680K
Sold Prices/m²	£5K/m² - £10.8K/m²

Square Metres	~68.11 m²
Price/m²	£6.2K/m²
Value Estimate	£531,250£531,250
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£106,250£106,250
Stamp Duty & Legal Fees	£22,700£22,700
Total Cash In	£128,950£128,950

Cash Out
Rent Range	£1,600 - £3,500£1,600 - £3,500
Rent Estimate	£1,750
Running Costs/mo	£1,698£1,698
Cashflow/mo	£52£52
Cashflow/yr	£623£623
ROI	0%0%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £250K to £680K, average is £531.3K. £5K/m² to £10.8K/m², average is £7.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£580K	06/23	0 mi	52, Forest Hill Road, London, Greater London SE22 0RR	£7,436	78	2	Flat
£540K	05/23	0.14 mi	84b, Forest Hill Road, London, Greater London SE22 0RS	£7,826	69	2	Flat
£490K	03/23	0.14 mi	114a, Forest Hill Road, London, Greater London SE22 0RS	£6,956	70	2	Flat
£440K	03/21	0.16 mi	Flat 25, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ	-	-	2	Flat
£386.5K	11/20	0.16 mi	Flat 45, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ	-	-	2	Flat
£430K	02/21	0.16 mi	Flat 50, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ	-	-	2	Flat
£407.5K	06/21	0.16 mi	Flat 48, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ	-	-	2	Flat
£575K	01/21	0.18 mi	237a, Underhill Road, London, Greater London SE22 0PB	£8,107	71	2	Flat
£410K	06/21	0.2 mi	34, Therapia Road, London, Greater London SE22 0SE	£5,000	82	2	Flat
£522.5K	09/21	0.21 mi	19a, Crebor Street, London, Greater London SE22 0HF	-	-	2	Flat
£550K	06/23	0.21 mi	273b, Underhill Road, London, Greater London SE22 0PA	-	-	2	Flat
£615K	11/20	0.24 mi	99, Dunstans Road, London, Greater London SE22 0HD	£8,913	69	2	Flat
£555K	02/21	0.25 mi	95, Dunstans Road, London, Greater London SE22 0HD	£8,043	69	2	Flat
£410K	02/23	0.25 mi	Flat 11, Claude Monet Court, Underhill Road, London, Greater London SE22 0BZ	-	-	2	Flat
£642K	06/21	0.25 mi	134a, Friern Road, London, Greater London SE22 0AY	-	-	2	Flat
£540K	05/23	0.26 mi	Lower Flat, 112, Dunstans Road, London, Greater London SE22 0HE	-	-	2	Flat
£490K	06/21	0.26 mi	Lower Flat, 112, Dunstans Road, London, Greater London SE22 0HE	-	-	2	Flat
£600K	03/21	0.26 mi	23b, Marmora Road, London, Greater London SE22 0RX	-	-	2	Flat
£495K	01/21	0.27 mi	17, Hillcourt Road, London, Greater London SE22 0PF	£7,500	66	2	Flat
£600K	12/20	0.27 mi	35b, Marmora Road, London, Greater London SE22 0RX	-	-	2	Flat
£600K	09/21	0.27 mi	29b, Marmora Road, London, Greater London SE22 0RX	-	-	2	Flat
£453.2K	02/21	0.27 mi	Ground Floor Flat, 61, Upland Road, London, Greater London SE22 0DA	£7,681	59	2	Flat
£425K	06/23	0.32 mi	Flat B, 48, Barry Road, London, Greater London SE22 0HP	£9,444	45	2	Flat
£540K	09/21	0.32 mi	108, Goodrich Road, London, Greater London SE22 0ER	-	-	2	Flat
£585K	07/21	0.32 mi	6, Overhill Road, London, Greater London SE22 0PH	£7,500	78	2	Flat
£420K	05/21	0.32 mi	122, Barry Road, London, Greater London SE22 0HP	-	-	2	Flat
£375K	01/21	0.33 mi	91a, Goodrich Road, London, Greater London SE22 0EP	£7,813	48	2	Flat
£340K	07/23	0.35 mi	184, Wood Vale, London, Greater London SE23 3EA	£5,075	67	2	Flat
£390K	03/23	0.39 mi	20, Honor Oak Rise, London, Greater London SE23 3RA	£8,125	48	2	Flat
£575K	03/23	0.39 mi	49c, Darrell Road, London, Greater London SE22 9NJ	-	-	2	Flat
£565K	06/21	0.39 mi	49a, Darrell Road, London, Greater London SE22 9NJ	-	-	2	Flat
£355K	01/21	0.39 mi	Flat 34, Cityview Court, Overhill Road, London, Greater London SE22 0PZ	£5,071	70	2	Flat
£645K	06/21	0.42 mi	218, Friern Road, London, Greater London SE22 0BB	-	-	2	Flat
£545K	01/21	0.43 mi	156b, Dunstans Road, London, Greater London SE22 0ES	-	-	2	Flat
£643K	03/21	0.43 mi	176b, Dunstans Road, London, Greater London SE22 0ES	-	-	2	Flat
£610K	09/21	0.44 mi	259, Crystal Palace Road, London, Greater London SE22 9JH	-	-	2	Flat
£505K	06/21	0.44 mi	278c, Crystal Palace Road, London, Greater London SE22 9JH	-	-	2	Flat
£615K	01/21	0.44 mi	Ground Floor Flat, 271, Crystal Palace Road, London, Greater London SE22 9JH	£10,789	57	2	Flat
£508K	01/21	0.44 mi	Ground Floor Flat, 186, Crystal Palace Road, London, Greater London SE22 9EP	£8,194	62	2	Flat
£309K	06/21	0.46 mi	Flat 26, Welland House, Peckham Rye, London, Greater London SE15 3JG	-	-	2	Flat
£632.5K	12/20	0.47 mi	73a, Overhill Road, London, Greater London SE22 0PQ	£8,760	72	2	Flat
£600K	02/23	0.48 mi	12b, Rodwell Road, London, Greater London SE22 9LF	£10,714	56	2	Flat
£250K	11/20	0.49 mi	Flat 28, Frome House, Peckham Rye, London, Greater London SE15 3JE	-	-	2	Flat
£600K	11/20	0.49 mi	177a, Peckham Rye, London, Greater London SE15 3HZ	£8,571	70	2	Flat
£405K	03/21	0.51 mi	53, Greystead Road, London, Greater London SE23 3SD	£6,136	66	2	Flat
£577K	04/21	0.52 mi	6a, North Cross Road, East Dulwich, London, Greater London SE22 9EU	-	-	2	Flat
£400K	05/23	0.52 mi	10, North Cross Road, East Dulwich, London, Greater London SE22 9EU	-	-	2	Flat
£373K	05/21	0.53 mi	Flat 57, Brookstone Court, Peckham Rye, London, Greater London SE15 3UW	-	-	2	Flat
£680K	08/21	0.54 mi	36, Thompson Road, London, Greater London SE22 9JR	-	-	2	Flat
£345K	01/23	0.54 mi	Ground Floor Flat, 51, Oakhurst Grove, London, Greater London SE22 9AH	£6,273	55	2	Flat

Local Rents

48 rents from £1.6K/mo to £3.5K/mo, average is £2.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,200	03/25	0.03 mi	-	2	Flat
£1,800	09/24	0.08 mi	-	2	Flat
£2,400	08/24	0.13 mi	Balchier Road, East Dulwich, SE22	2	Detached House
£2,400	08/24	0.13 mi	-	2	Detached House
£2,600	10/24	0.16 mi	-	2	Flat
£2,400	11/24	0.16 mi	-	2	Flat
£2,250	08/24	0.16 mi	Forest Hill Road, Dulwich, London, SE22	2	Flat
£1,850	08/24	0.16 mi	Peckham Rye, Peckham Rye	2	Flat
£1,985	08/24	0.18 mi	Mundania Court, London, SE22	2	Flat
£1,985	08/24	0.18 mi	-	2	House
£1,800	08/24	0.18 mi	Underhill Road	2	Flat
£1,750	12/24	0.19 mi	-	2	Flat
£1,800	09/24	0.23 mi	-	2	Flat
£1,900	10/24	0.24 mi	-	2	Flat
£1,800	08/24	0.25 mi	Dunstans Road, East Dulwich, SE22	2	Flat
£2,400	12/24	0.25 mi	-	2	Flat
£2,400	01/25	0.26 mi	-	2	Flat
£2,270	02/25	0.26 mi	-	2	Flat
£1,800	02/24	0.27 mi	-	2	Flat
£1,600	08/24	0.28 mi	Hillcourt Road Dulwich SE22	2	Flat
£2,350	02/25	0.29 mi	-	2	Flat
£3,500	12/24	0.31 mi	-	2	Flat
£2,250	03/25	0.33 mi	-	2	Flat
£2,300	01/25	0.33 mi	-	2	Flat
£2,250	03/25	0.33 mi	-	2	Flat
£1,750	08/24	0.33 mi	Barry Road, East Dulwich	2	Flat
£2,500	09/24	0.33 mi	-	2	Flat
£2,500	08/24	0.33 mi	Woodvale Road, Forest Hill, SE23	2	Flat
£2,100	02/25	0.34 mi	-	2	Flat
£2,000	08/24	0.34 mi	Barry Road, SE22	2	Flat
£2,300	08/24	0.34 mi	Marmora Road East Dulwich SE22	2	Flat
£2,400	08/24	0.34 mi	Bass Mews, East Dulwich, London, SE22	2	Flat
£2,000	08/24	0.36 mi	-	2	House
£2,300	08/24	0.37 mi	Barry Road, East Dulwich, London, SE22	2	Flat
£2,200	08/24	0.37 mi	Barry Road, SE22	2	Flat
£1,800	09/24	0.38 mi	Canonbie Road	2	Flat
£1,900	08/24	0.38 mi	-	2	House
£2,400	01/25	0.38 mi	-	2	Terraced House
£1,900	08/24	0.38 mi	Canonbie Road Forest Hill SE23	2	Flat
£2,600	08/24	0.39 mi	Wood Vale London SE23	2	Flat
£2,000	08/24	0.4 mi	Landells Road, East Dulwich, London, SE22	2	Terraced House
£2,500	08/24	0.4 mi	Silvester Road, East Dulwich, London, SE22	2	Flat
£2,100	03/25	0.41 mi	-	2	Flat
£2,000	08/24	0.41 mi	Honor Oak Rise, Honor Oak Park, London, SE23	2	Flat
£1,980	11/24	0.42 mi	-	2	Detached House
£2,415	09/24	0.42 mi	-	2	Flat
£2,050	10/24	0.43 mi	-	2	Flat
£2,100	02/25	0.43 mi	-	2	Flat

Local Area Statistics

Population in SE22	29,68729,687
Population in London	4,771,9214,771,921
Town centre distance	5.48 miles away5.48 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.76 miles away0.76 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-5%-5%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £425,000

February 20, 2025

Floor Plans

Description

Two Double Bedrooms +
Open Plan Reception +
Fitted Bathroom +
Close to Peckham Rye Park +
Close to Local Shops +
Popular Location +

Nestled in the heart of SE22, this well-presented two double-bedroom apartment offers a perfect blend of comfort and convenience. Featuring a bright kitchen/reception room, a modern bathroom, and well-proportioned living spaces, this home is ideal for professionals, couples

Located on the vibrant Forest Hill Road, you'll find an array of independent cafes, restaurants, and essential shops right on your doorstep. Enjoy a coffee at the popular Deli Twenty Two, grab fresh produce from Jones of Brockley, or explore the charming Forest Hill Bakery. Enjoy the best of both worlds with excellent local amenities and easy access to nature. Nearby Lordship Lane boasts an eclectic mix of boutiques, trendy eateries, and a lively atmosphere, while Bellenden Road offers a selection of stylish bars, artisanal coffee shops, and independent stores, adding to the charm of the area.

Just a stone's throw from Peckham Rye Park, one of South East London's most cherished green spaces, you can explore its ornamental gardens, open meadows, scenic lake, and woodlands, perfect for weekend strolls, jogging, or simply unwinding.

The property benefits from excellent transport links, with convenient bus routes along Forest Hill Road and train stations including Honor Oak Park, Peckham Rye, and East Dulwich, providing swift access to Central London and beyond. Overground and National Rail services offer seamless connections to London Bridge, Victoria, and Canary Wharf, making commuting a breeze.

With great connectivity and a thriving community, this apartment is a fantastic opportunity for those seeking a
well-connected and wonderful place to call home.

Lease length - 125 years from July 2017, Ground Rent - Peppercorn, Service charge - £750.00 per annum, EPC - C, Council Tax Band C

Two Double Bedrooms

Open Plan Reception

Fitted Bathroom

Close to Peckham Rye Park

Close to Local Shops

Popular Location

Agent Details

Kalmars Residential, London Bridge

020 3840 3352

Next Steps?

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

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