2 Bed Flat, Single Let, London, SE23 2XX, £325,000

Deans Gate Close, London, SE23 2XX - a month ago

BTL
ROI: 2%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£278K - £818K
Sold Prices/m²£4.6K/m² - £8.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£393,250
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Total Cash In

£102,450

 

 

Cash Out

 

Rent Range

£1,460 - £2,450

Rent Estimate

£1,525

Running Costs/mo

£1,341

Cashflow/mo

£184

Cashflow/yr

£2,213

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £278K to £818K, average is £423K. £4.6K/m² to £8.5K/m², average is £6.7K/m².

PriceDateDistanceAddressBeds 
£818K02/230.14 mi49, Mayow Road, London, Greater London SE23 2XH2
£370K06/230.2 mi82, Bampton Road, London, Greater London SE23 2AX2
£400K06/230.2 mi84, Bampton Road, London, Greater London SE23 2AX2
£387.5K06/210.23 mi15b, Adamsrill Road, London, Greater London SE26 4AL2
£505K12/200.23 mi9, Niederwald Road, London, Greater London SE26 4AD2
£367K09/230.24 mi181, Longfield Crescent, Sydenham, London, Greater London SE26 4DR2
£455K09/210.25 mi98, Queenswood Road, London, Greater London SE23 2QS2
£510K10/230.25 mi36, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AN2
£526K10/230.25 mi10, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AN2
£400K01/230.28 mi39, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AJ2
£278K03/210.28 mi35, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AJ2
£445K07/230.28 mi6, Aylward Road, London, Greater London SE23 2JE2
£335K06/230.28 mi95, Longfield Crescent, Sydenham, London, Greater London SE26 4DT2
£300K01/210.28 mi8, Thorpe Close, London, Greater London SE26 4NX2
£478K08/210.29 miGround Floor Flat, 4, Perry Rise, London, Greater London SE23 2QL2
£450K05/210.29 mi61, Sydenham Park Road, London, Greater London SE26 4DL2
£500K01/210.32 mi19b, Princethorpe Road, London, Greater London SE26 4PF2
£465K06/210.32 mi13b, Princethorpe Road, London, Greater London SE26 4PF2
£512K03/230.32 miUpper Flat, 31, Princethorpe Road, London, Greater London SE26 4PF2
£445K03/230.32 mi11b, Queensthorpe Road, London, Greater London SE26 4PJ2
£516K09/230.32 mi15c, Queensthorpe Road, London, Greater London SE26 4PJ2
£320K12/200.32 mi37, Longfield Crescent, Sydenham, London, Greater London SE26 4DU2
£312.5K03/230.32 mi43, Longfield Crescent, Sydenham, London, Greater London SE26 4DU2
£455K02/230.34 mi62a, Westbourne Drive, London, Greater London SE23 2UN2
£416.5K04/210.34 mi29a, Champion Crescent, London, Greater London SE26 4HH2
£350K06/230.35 miFlat 32, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£332K12/200.35 miFlat 38, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£300K02/210.35 miFlat 31, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£366K09/230.35 miFlat 46, Vale Lodge, Perry Vale, London, Greater London SE23 2LG2
£426K04/210.35 mi24, Sydenham Park Road, London, Greater London SE26 4ED2
£355K04/210.36 mi141, Dartmouth Road, London, Greater London SE23 3HX2
£450K03/210.37 mi37b, Siddons Road, London, Greater London SE23 2JH2
£460K11/200.37 mi14a, Sydenham Park, London, Greater London SE26 4EQ2
£375K06/210.38 miFlat 6, Hillhurst Court, South Road, London, Greater London SE23 2UE2
£525K10/230.38 mi64, Peak Hill, London, Greater London SE26 4LR2
£475K06/210.38 mi40, Peak Hill, London, Greater London SE26 4LR2
£462.5K06/210.39 mi40b, Earlsthorpe Road, London, Greater London SE26 4PD2
£320K07/230.4 miFlat 6, Simone Court, Dartmouth Road, London, Greater London SE26 4RP2
£435.8K08/210.41 mi24, Shipman Road, London, Greater London SE23 2DY2
£300K10/230.41 mi109b, Sydenham Road, London, Greater London SE26 5EZ2
£350K03/230.42 mi25b, Elderton Road, London, Greater London SE26 4EY2
£430K09/210.44 miFirst And Second Floor Flat, 23, Champion Road, London, Greater London SE26 4HD2
£355K09/210.44 mi223a, Kirkdale, London, Greater London SE26 4QQ2
£432.5K06/210.44 mi221, Kirkdale, Sydenham, London, Greater London SE26 4QQ2
£375K03/210.44 mi241, Kirkdale, London, Greater London SE26 4QD2
£410K01/210.44 mi249, Kirkdale, London, Greater London SE26 4QD2
£420K12/200.44 mi245a, Kirkdale, London, Greater London SE26 4QD2
£335K04/230.44 mi14, Church Vale, London, Greater London SE23 2UW2
£450K02/240.46 miFlat 1, Mayode House, Round Hill, London, Greater London SE26 4RF2
£567.5K06/230.46 mi47, Farren Road, London, Greater London SE23 2DZ2

Local Rents

50 rents from £1.5K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,90008/240.11 mi-2
£1,65004/250.17 mi-2
£1,80008/240.18 miNewbridge Point, Windrush Lane London SE232
£2,30004/250.21 mi-2
£2,00003/250.22 mi-2
£1,70008/240.22 miWynell Road, London, SE23 2LN2
£1,70001/250.22 mi-2
£1,62508/240.22 mi-2
£1,60008/240.24 mi-2
£1,80008/240.24 mi-2
£1,60008/240.25 miDacres Road, London, SE232
£1,59508/240.25 miSydenham Park Road, London, SE262
£2,00008/240.25 miDacres Road, London, SE232
£1,75008/240.25 miAdamsrill Road, London, SE262
£1,75008/240.25 miAdamsrill Road London SE262
£1,80008/240.26 miAdamsrill Road, Forest Hill, London, SE262
£1,70010/240.26 mi-2
£1,55008/240.28 miDacres Road, London, SE232
£2,45001/250.3 mi-2
£1,90011/230.32 miKinver Road, Sydenham, London, SE262
£1,80011/240.32 mi-2
£1,85011/230.32 miPerry Vale, London, SE232
£2,15001/250.33 mi-2
£1,99502/240.33 mi-2
£1,46002/250.33 mi-2
£1,46002/250.33 mi-2
£2,00008/240.34 miChampion Crescent London SE262
£1,85008/240.34 miAndrew Court, 38 Church Rise, London, SE232
£1,50002/240.35 mi-2
£1,85002/250.35 mi-2
£2,17009/240.35 mi-2
£2,10008/240.36 miPeak Hill, London, SE262
£2,10008/240.36 miPeak Hill, Sydenham2
£1,80008/240.36 mi-2
£1,90008/240.37 mi-2
£1,75011/240.37 mi-2
£1,90003/250.37 mi-2
£1,80008/240.37 miMayow Road, Sydenham, SE262
£1,99908/240.39 miCollingtree Road, London, SE262
£1,75008/240.4 miDartmouth Place, Forest Hill, London, SE232
£2,00003/250.4 mi-2
£1,85008/240.4 mi-2
£1,75008/240.4 miHazel Grove, London, SE262
£1,75008/240.4 miHazel Grove, Sydenham, SE262
£1,97508/240.41 mi-2
£2,05003/250.41 mi-2
£1,80008/240.41 miSilverdale London SE262
£1,95008/240.41 miSydenham Road, Sydenham, SE262
£1,67502/250.41 mi-2
£1,80008/240.41 miCharlotte Parade, Shipman Road, London, SE232

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

7.07 miles away

Nearest school

0.30 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £325,000

February 26, 2025

Floor Plans

Description

  • Ground Floor +
  • Double Bedrooms +
  • Allocated Parking +
  • Close to Mapow Park +
  • Close to Transport +
  • Quiet Location +
  • Long Lease +
  • EPC: D +

Acorn is proud to present this spacious ground-floor, two-bedroom purpose-built flat, offering 586 square feet (54.4 square meters) of living space.

Situated in a quiet development, the property is conveniently located near Mayow Park and within easy reach of public transport links (including buses and Sydenham and Forest Hill Trainstation

A blank canvas, this home is ready for personalization. It features two double bedrooms, a fully tiled family bathroom, and a spacious kitchen with ample storage. The property also includes allocated parking.

Ideal for first-time buyers, small families or investors, this property offers great potential in a sought-after location.

Lease: 125 years Ground Rent: £80pa Service Charge: £2158.64pa Council Tax: C | EPC Rating: D

Agent Details

Acorn, Forest Hill

020 8106 0621

Next Steps?

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