3 Bed Terraced House, Single Let, London, SE23 2RL, £650,000

Houston Road, London, SE23 2RL - 2 months ago

BTL
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£393K - £767.5K
Sold Prices/m²£4.8K/m² - £8.2K/m²

 

 

Square Metres

~93 m²
Price/m²£7K/m²

Value Estimate

£575,714

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£53,700

Total Cash In

£216,200

 

 

Cash Out

 

Rent Range

£1,750 - £4,500

Rent Estimate

£1,788

Running Costs/mo

£2,409

Cashflow/mo

£-621

Cashflow/yr

£-7,450

Gross Yield

3%

Local Sold Prices

50 sold prices from £393K to £767.5K, average is £598.3K. £4.8K/m² to £8.2K/m², average is £6.1K/m².

PriceDateDistanceAddressBeds 
£520K11/200.01 mi73, Houston Road, London, Greater London SE23 2RL3
£500K08/230.01 mi91, Houston Road, London, Greater London SE23 2RL3
£521K05/210.01 mi85, Houston Road, London, Greater London SE23 2RL3
£460K11/200.02 mi105, Houston Road, London, Greater London SE23 2RL3
£565K03/210.03 mi14, Houston Road, London, Greater London SE23 2RN3
£500K03/210.03 mi12, Houston Road, London, Greater London SE23 2RN3
£610K04/210.05 mi2, Hawkesfield Road, London, Greater London SE23 2TL3
£630K04/210.06 mi83, Hawkesfield Road, London, Greater London SE23 2TN3
£663.5K09/230.09 mi2, Nyon Grove, London, Greater London SE6 4EU3
£720K07/230.1 mi1, Ticehurst Road, London, Greater London SE23 2TJ3
£600K12/230.1 mi86, Perry Hill, London, Greater London SE6 4EY3
£650K09/230.11 mi24, Helvetia Street, London, Greater London SE6 4EX3
£675K02/230.12 mi60, Priestfield Road, London, Greater London SE23 2RS3
£688.5K02/210.12 mi68, Priestfield Road, London, Greater London SE23 2RS3
£545K03/210.12 mi42, Priestfield Road, London, Greater London SE23 2RS3
£605K04/210.12 mi36, Levendale Road, London, Greater London SE23 2TW3
£720.1K04/210.12 mi44, Levendale Road, London, Greater London SE23 2TW3
£540K09/210.12 mi5, Priestfield Road, London, Greater London SE23 2RW3
£695K06/210.12 mi21, Priestfield Road, London, Greater London SE23 2RW3
£600K08/230.13 mi25, Clarens Street, London, Greater London SE6 4ES3
£696.6K11/200.14 mi19, Levendale Road, London, Greater London SE23 2TP3
£630K11/210.14 mi15, Levendale Road, London, Greater London SE23 2TP3
£645K12/220.15 mi27, Selworthy Road, London, Greater London SE6 4DP3
£510K11/200.16 mi1a, Winsford Road, London, Greater London SE6 4LS3
£625K10/220.17 mi18, Selworthy Road, London, Greater London SE6 4DP3
£515K10/210.17 mi34, Castlands Road, London, Greater London SE6 4LN3
£615K03/210.18 mi38, Winsford Road, London, Greater London SE6 4LX3
£596.5K09/210.19 mi161, Woolstone Road, London, Greater London SE23 2TG3
£767.5K11/210.19 mi151, Woolstone Road, London, Greater London SE23 2TG3
£500K03/210.19 mi36, Neuchatel Road, London, Greater London SE6 4EQ3
£670K02/230.2 mi31, Neuchatel Road, London, Greater London SE6 4EH3
£393K01/230.23 mi38, Burford Road, London, Greater London SE6 4DD3
£500K07/230.23 mi89, Selworthy Road, London, Greater London SE6 4DW3
£485K03/210.23 mi78, Burford Road, London, Greater London SE6 4DB3
£510K12/200.23 mi129, Burford Road, London, Greater London SE6 4DB3
£499.9K11/210.24 mi250, Perry Hill, London, Greater London SE6 4HD3
£530K02/240.25 mi106, Selworthy Road, London, Greater London SE6 4DN3
£635K02/240.25 mi15, Aldermoor Road, London, Greater London SE6 4DL3
£470K07/230.26 mi6, Cameron Road, London, Greater London SE6 4DJ3
£620K05/230.27 mi9, Tugela Street, London, Greater London SE6 4DQ3
£475K06/230.27 mi224, Perry Rise, London, Greater London SE23 2QT3
£690K05/210.28 mi125, Cranston Road, London, Greater London SE23 2EZ3
£610K09/210.29 mi53, Winsford Road, London, Greater London SE6 4LT3
£516K04/230.29 mi2, Tugela Street, London, Greater London SE6 4DG3
£560K08/230.3 mi168, Cranston Road, Forest Hill, London, Greater London SE23 2EY3
£680K09/230.3 mi146, Cranston Road, Forest Hill, London, Greater London SE23 2EY3
£590K01/210.3 mi116, Cranston Road, Forest Hill, London, Greater London SE23 2EY3
£612K06/210.3 mi146, Cranston Road, London, Greater London SE23 2EY3
£490K02/210.3 mi72, Cranston Road, Forest Hill, London, Greater London SE23 2EY3
£555K04/210.3 mi200, Adamsrill Road, London, Greater London SE26 4AH3

Local Rents

50 rents from £1.8K/mo to £4.5K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,50008/240.04 miHouston Road, Forest Hill, London, SE233
£2,50008/240.05 miHouston Road, Forest Hill, SE233
£2,69508/240.22 miPerry Rise, London, SE233
£2,20001/250.23 mi-3
£1,85008/240.26 miPerry Vale, London, SE233
£1,75008/240.26 miElsinore Road London SE233
£1,85010/240.26 mi-3
£2,25011/230.29 miAdamsrill Road, Sydenham, SE263
£2,40008/240.29 miTugela Street London SE63
£2,40012/240.29 mi-3
£2,20002/250.31 mi-3
£2,25002/250.31 mi-3
£2,40002/250.31 mi-3
£2,30001/250.34 mi-3
£2,10008/240.34 mi-3
£2,45011/240.34 mi-3
£2,40003/250.34 mi-3
£4,50008/240.34 miVancouver road, SE233
£2,60008/240.37 mi-3
£2,00008/240.4 miHolmshaw Close, London, SE263
£2,69504/250.42 mi-3
£2,30008/240.44 mi-3
£2,60008/240.45 miExbury Road, London, SE6 4ND3
£2,30008/240.45 mi-3
£2,30008/240.45 miLondon, SE263
£1,80008/240.45 miCatford Hill, London, SE63
£2,00008/240.46 mi-3
£2,45008/240.47 mi-3
£4,00004/250.48 mi-3
£2,30010/240.48 mi-3
£2,19508/240.49 miBroadmead, London, SE63
£2,25008/240.49 miColfe Road, London, SE233
£2,30008/240.5 miAdamsrill Road, London3
£2,20011/240.5 mi-3
£2,65004/250.53 mi-3
£2,40004/250.55 mi-3
£2,30008/240.57 mi-3
£2,50008/240.58 miHighclere Street, Sydenham, SE263
£1,97508/240.58 mi-3
£1,90003/250.58 mi-3
£2,20001/250.58 mi-3
£3,00003/250.58 mi-3
£2,25008/240.6 miKangley Bridge Road, Sydenham3
£2,30008/240.61 miFirhill Road, LONDON3
£1,95010/240.61 mi-3
£2,30008/240.61 miFirhill Road, Sydenham, London, SE63
£1,80008/240.62 miSouthend Lane, London, SE63
£2,00008/240.62 miRavensbourne Road, London, SE63
£2,75008/240.62 miDacres Road, Forest Hill, London, SE233
£1,80008/240.62 miStanstead Road, London, SE63

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

7.08 miles away

Nearest school

0.20 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £650,000

March 3, 2025

Floor Plans

Description

  • 3 Bedrooms +
  • End of terrace +
  • 85ft Garden +
  • Garden room +
  • Garage +
  • Ample on street parking +
  • Possibility to add a driveway +
  • Close to outstanding schools +
  • Amenities nearby +
  • EPC rating C +

This extended, 3 bedroom, end of terrace home in Forest Hill has so much to offer! The property boasts a large, bright and airy living/dining room, spacious kitchen leading to a 85ft garden with work from home space, it also comes with a garage which is great for storage and very rare in London. Located nearby is the sought after Kilmorie and Rathfern Primary schools, alongside plenty of amenities and you can get to both Forest Hill and both Catford stations within a 15 to 20 minutes walk.

Agent Details

Jack Terry Property, Powered by eXp UK, Covering Tandridge, Croydon & South London

020 3476 9580

Next Steps?

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