2 Bed Flat, Single Let, London, SE23 2SH, £446,500

Elsinore Road, London, United Kingdom, SE23 2SH - 1 views - a month ago

BTL
~71 m²
+6 photos

ValuationUndervalued

Sold Prices£252K - £595K
Sold Prices/m²£1.7K/m² - £11K/m²

 

 

Square Metres

~70.88 m²
Price/m²£6.3K/m²

Value Estimate

£470,915
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£111,625

Stamp Duty & Legal Fees

£35,850

Total Cash In

£147,475

 

 

Cash Out

 

Rent Range

£1,500 - £2,800

Rent Estimate

£1,600

Running Costs/mo

£1,735

Cashflow/mo

£-135

Cashflow/yr

£-1,624

Gross Yield

4%

Local Sold Prices

50 sold prices from £252K to £595K, average is £427.5K. £1.7K/m² to £11K/m², average is £6.6K/m².

PriceDateDistanceAddressBeds 
£498K04/210.03 mi64a, Hurstbourne Road, London, Greater London SE23 2AB2
£375K03/210.04 mi48b, Elsinore Road, London, Greater London SE23 2SL2
£485K06/210.06 mi61, Hurstbourne Road, London, Greater London SE23 2AA2
£376K05/210.09 mi42a, Kilmorie Road, London, Greater London SE23 2ST2
£325K09/210.09 mi4b, Fermor Road, London, Greater London SE23 2HN2
£475.5K02/230.13 mi39, Como Road, London, Greater London SE23 2JL2
£375K09/210.14 mi24a, St Germans Road, London, Greater London SE23 1RJ2
£435K11/200.18 mi71, St German's Road, London, Greater London SE23 1RY2
£485K04/210.18 mi65a, Colfe Road, London, Greater London SE23 2ES2
£342K11/200.19 mi103, Elsinore Road, London, Greater London SE23 2SQ2
£534K05/230.19 miUpper Flat, 6, Carholme Road, London, Greater London SE23 2HS2
£513.9K07/230.2 mi5, Loxton Road, Forest Hill, London, Greater London SE23 2ET2
£495K11/200.22 mi14a, Woolstone Road, London, Greater London SE23 2SG2
£495.2K07/230.23 mi154, Kilmorie Road, London, Greater London SE23 2SR2
£420K03/210.24 mi27b, Como Road, London, Greater London SE23 2JL2
£390K10/210.25 mi80a, Elsinore Road, London, Greater London SE23 2SN2
£458.8K01/210.25 mi88, Elsinore Road, London, Greater London SE23 2SN2
£345K03/230.26 miFlat 5, Plumpton Court, Brockley Park, London, Greater London SE23 1PX2
£406K12/200.26 miFirst Floor Flat, 34, Ravensbourne Road, London, Greater London SE6 4UX2
£567.5K06/230.28 mi47, Farren Road, London, Greater London SE23 2DZ2
£410K02/210.28 mi62b, Blythe Vale, London, Greater London SE6 4NW2
£445K06/230.28 mi8, Grove Close, London, Greater London SE23 1AS2
£532.5K01/230.28 mi73, Montem Road, London, Greater London SE23 1SH2
£385K05/210.29 mi48b, Montem Road, London, Greater London SE23 1SJ2
£507.5K12/200.3 mi71b, Woolstone Road, London, Greater London SE23 2TQ2
£450K08/230.3 mi16, Firs Close, London, Greater London SE23 1BB2
£369K04/210.32 mi12a, Blythe Close, London, Greater London SE6 4UW2
£290K11/200.32 mi33b, Sunderland Road, London, Greater London SE23 2PS2
£435.8K08/210.33 mi24, Shipman Road, London, Greater London SE23 2DY2
£370.2K11/200.35 mi5b, Perry Hill, London, Greater London SE6 4LF2
£322.5K06/230.36 miFlat 6, Cheney Court, Waldram Park Road, London, Greater London SE23 2PL2
£289K03/210.36 miFlat 9, Faversham Court, Faversham Road, London, Greater London SE6 4XG2
£450K03/210.37 mi37b, Siddons Road, London, Greater London SE23 2JH2
£372.5K06/210.41 mi53b, Waldram Park Road, London, Greater London SE23 2PW2
£595K06/230.41 miApartment 9, The Apostles, Church Rise, London, Greater London SE23 2UD2
£398.5K10/210.42 mi96, Stanstead Road, Forest Hill, London, Greater London SE23 1BS2
£252K09/210.42 miFlat 5, Howard Park House, Perry Hill, London, Greater London SE6 4LZ2
£387.5K12/210.43 mi38a, Rockbourne Road, London, Greater London SE23 2DD2
£330K08/230.45 mi29a, Exbury Road, London, Greater London SE6 4NB2
£445K07/230.46 mi6, Aylward Road, London, Greater London SE23 2JE2
£465K12/200.46 mi23b, Rockbourne Road, London, Greater London SE23 2DA2
£467K11/200.46 mi21, Brockley View, London, Greater London SE23 1SN2
£375K06/210.46 miFlat 6, Hillhurst Court, South Road, London, Greater London SE23 2UE2
£392.5K09/230.46 mi10c, Rutland Park, London, Greater London SE6 4LH2
£450K12/220.46 mi7a, Rutland Park, London, Greater London SE6 4LH2
£340K03/210.47 mi56b, Catford Hill, London, Greater London SE6 4PU2
£440K05/230.47 mi22a, Ackroyd Road, London, Greater London SE23 1DL2
£507.8K12/200.48 mi19a, Gabriel Street, London, Greater London SE23 1DW2
£455K07/230.49 mi39a, Codrington Hill, London, Greater London SE23 1LR2
£285K06/210.49 mi54, Tugela Street, London, Greater London SE6 4DG2

Local Rents

49 rents from £1.5K/mo to £2.8K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,75008/240.02 miElsinore Road, London, SE232
£1,85008/240.04 miElsinore Road, SE232
£1,99509/240.04 miElsinore Road2
£1,80008/240.06 mi-2
£1,85009/240.07 mi-2
£1,85008/240.07 miHurstbourne Road, London, SE232
£2,10008/240.09 miElsinore Road, London, SE232
£2,05002/240.09 mi-2
£2,10009/240.09 mi-2
£2,10001/250.09 mi-2
£2,15008/240.09 mi-2
£1,90008/240.1 miElsinore Road, London, SE232
£1,75008/240.11 miStanstead Road, London, SE232
£1,85011/240.11 mi-2
£1,85011/240.11 mi-2
£2,80008/240.11 miVancouver Road, SE232
£1,79508/240.12 miStanstead Road, London, SE232
£1,75008/240.12 miCranston Road, London, SE232
£1,50008/240.12 miStanstead Road, London, SE232
£1,90001/250.12 mi-2
£1,90001/250.12 mi-2
£1,80003/250.13 mi-2
£1,80002/240.13 mi-2
£1,90011/240.13 mi-2
£1,77508/240.13 mi-2
£1,75008/240.13 miSt Germans Road, Forest Hill, London, SE232
£1,60008/240.14 miCranston Road, Forest Hill, SE232
£1,60008/240.14 miMarler Road, Forest Hill, London, SE232
£1,60008/240.14 miSt German's Road, Forest Hill, SE232
£1,75008/240.14 miSt. German's Road, London, SE232
£1,95008/240.14 miSt. German's Road, London, SE232
£1,60009/240.14 mi-2
£1,60009/240.14 mi-2
£1,60008/240.14 miStanstead Road, London, SE232
£1,80008/240.15 mi-2
£1,65008/240.17 miNorthwood Road Forest Hill SE232
£2,20008/240.17 mi-2
£1,70008/240.17 miStanstead Road, London, SE232
£1,70010/240.17 mi-2
£1,70004/250.17 mi-2
£1,80002/250.17 mi-2
£1,65009/240.18 mi-2
£1,85010/240.18 mi-2
£1,85008/240.19 miVancouver Road, Forest hill, London, SE232
£1,65008/240.19 mi-2
£2,25008/240.2 miBrockley Rise London SE232
£1,93508/240.21 mi-2
£1,85008/240.21 miMontem Road, London, SE232
£2,25008/240.21 miColfe Road, Forest Hill, London, SE232

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

6.65 miles away

Nearest school

0.20 miles away

Nearest train station

0.60 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Price changed to £446,500

March 28, 2025

Listed for £475,000

March 3, 2025

Floor Plans

Description

Charming 2-Bedroom Victorian Conversion – First Floor, Elsinore Road, Forest Hill SE23

Situated on the desirable Elsinore Road in the heart of Forest Hill, this beautiful 2-bedroom, first-floor Victorian conversion effortlessly combines period charm with modern comfort. The spacious open-plan reception and kitchen area offers a light and airy space, perfect for both relaxing and entertaining.

Both bedrooms are generously sized, with the main bedroom showcasing a stunning exposed brick wall, adding character and warmth. High ceilings throughout the property enhance the sense of space, while double glazing ensures peace and tranquility.

The property also boasts a newly fitted, stylish shower room, blending contemporary design with functionality.

For those with a green thumb, the front garden provides a fantastic space to cultivate your own plants, flowers, or herbs, offering a lovely spot to relax or showcase your gardening skills.

With the added benefit of a share of freehold, you’ll enjoy greater control and security over your living space. Ideally located in the vibrant Forest Hill area, with excellent transport links, local amenities, and beautiful green spaces nearby, this home is perfectly positioned to offer both convenience and tranquility.

Don’t miss the opportunity to make this charming Victorian conversion your own – a perfect mix of classic elegance and modern living!

Location:
Location Highlights for Elsinore Road, Forest Hill SE24

Situated in the vibrant Forest Hill area, Elsinore Road offers convenient access to various amenities, transport links, and green spaces.

Transport Links:

Forest Hill Station: Approximately 0.6 miles away, providing access to National Rail services.
Honor Oak Park Station: Approximately 0.6 miles away, offering London Overground services.
Parks and Green Spaces:

Horniman Gardens: Approximately 0.7 miles away, featuring the Horniman Museum and a variety of gardens.
Dulwich Park: Approximately 1.5 miles away, offering expansive green spaces, a lake, and sports facilities.
Local Amenities:

Kilmorie Primary School: Approximately 0.2 miles away.
St William of York Catholic Primary School: Approximately 0.3 miles away.
Local Shops and Cafés: Within walking distance, offering a variety of dining and shopping options.
This prime location ensures residents have easy access to essential services, transportation, and recreational areas, enhancing the overall living experience.

Agent Details

Winkworth, Forest Hill

020 3856 4168

Next Steps?

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