2 Bed Terraced House, Single Let, London, SE23 1HN, £475,000

14 Wastdale Road, London, SE23, SE23 1HN - 2 views - a month ago

Leasehold
BTL
64 m²
+10 photos

ValuationFair Value

Sold Prices£350.6K - £750K
Sold Prices/m²£3.1K/m² - £9.7K/m²

 

 

Square Metres

64 m²
Price/m²£7.4K/m²

Value Estimate

£470,870

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£36,200

Total Cash In

£154,950

 

 

Cash Out

 

Rent Range

£1,500 - £2,500

Rent Estimate

£1,556

Running Costs/mo

£1,816

Cashflow/mo

£-260

Cashflow/yr

£-3,115

Gross Yield

4%

Local Sold Prices

50 sold prices from £350.6K to £750K, average is £567.5K. £3.1K/m² to £9.7K/m², average is £7.4K/m².

PriceDateDistanceAddressBeds 
£625K08/230.16 mi19, Ebsworth Street, London, Greater London SE23 1ER2
£615K03/210.16 mi11, Beadnell Road, London, Greater London SE23 1AA2
£665K02/230.17 mi21a, Ebsworth Street, London, Greater London SE23 1ER2
£395K06/210.17 mi49, Garthorne Road, London, Greater London SE23 1EN2
£605K10/210.18 mi87, Kemble Road, London, Greater London SE23 2DH2
£617.2K11/210.21 miSt. Kevernes House, Cranston Road, London, Greater London SE23 2HB2
£750K03/220.21 mi32, St German's Road, London, Greater London SE23 1RJ2
£742K11/220.24 mi8, Rojack Road, London, Greater London SE23 2DF2
£525.5K05/210.26 mi4, Montrose Way, London, Greater London SE23 2DG2
£495K08/220.27 mi1b, Loxton Road, Forest Hill, London, Greater London SE23 2ET2
£640K02/230.29 mi15, Cibber Road, London, Greater London SE23 2EF2
£615K06/210.31 mi59, Stanstead Road, London, Greater London SE23 1HG2
£625K12/220.33 mi42, Vestris Road, London, Greater London SE23 2EE2
£590K06/210.33 mi46, Trilby Road, London, Greater London SE23 2DN2
£665K06/210.33 mi54, Trilby Road, London, Greater London SE23 2DN2
£735K05/210.34 mi18, Duncombe Hill, London, Greater London SE23 1QB2
£665K01/210.37 mi324, Devonshire Road, London, Greater London SE23 3TH2
£418.5K08/230.38 mi2, Lessing Street, London, Greater London SE23 1DS2
£542K08/230.39 mi52, Shipman Road, London, Greater London SE23 2DR2
£585K01/210.43 mi74, Ravensbourne Road, London, Greater London SE6 4UT2
£628.8K03/210.43 mi92, Ravensbourne Road, London, Greater London SE6 4UT2
£518K04/220.45 mi89, Codrington Hill, London, Greater London SE23 1LR2
£515K04/210.45 mi1b, Gaynesford Road, London, Greater London SE23 2UQ2
£505K03/210.45 mi5, Gaynesford Road, London, Greater London SE23 2UQ2
£600K08/220.47 mi15a, Blythe Hill Lane, London, Greater London SE6 4UP2
£530K03/210.47 mi19, Blythe Hill Lane, London, Greater London SE6 4UP2
£540K02/210.49 mi53, Blythe Hill Lane, London, Greater London SE6 4UN2
£470K06/210.5 mi5, Blythe Hill Lane, London, Greater London SE6 4UF2
£723K09/210.51 mi4, Blythe Hill Lane, London, Greater London SE6 4UH2
£545K03/210.57 mi6, Broxted Road, London, Greater London SE6 4EW2
£553K12/200.57 mi12, Broxted Road, London, Greater London SE6 4EW2
£600K08/210.62 mi6, Surrey Mount, London, Greater London SE23 3PF2
£480K06/230.62 mi2, Orchard Close, London, Greater London SE23 3QN2
£440K05/230.62 mi4, Orchard Close, London, Greater London SE23 3QN2
£590K06/210.67 mi111, Crofton Park Road, London, Greater London SE4 1AJ2
£637K04/210.67 mi141, Crofton Park Road, London, Greater London SE4 1AJ2
£624K06/210.67 mi99, Crofton Park Road, London, Greater London SE4 1AJ2
£376K03/210.69 mi5, Oakham Close, London, Greater London SE6 4LQ2
£350.6K05/230.7 mi27, Rutland Walk, London, Greater London SE6 4LG2
£492K05/230.7 mi31, Rutland Walk, London, Greater London SE6 4LG2
£510K06/210.7 mi49, Rutland Walk, London, Greater London SE6 4LG2
£415K11/230.7 mi29, Rutland Walk, London, Greater London SE6 4LG2
£482K11/200.72 mi4, Acorn Way, London, Greater London SE23 2XU2
£428K06/230.72 mi7, Acorn Way, London, Greater London SE23 2XU2
£680K12/220.73 mi93, Crofton Park Road, London, Greater London SE4 1AJ2
£465K03/210.76 mi11, Datchet Road, London, Greater London SE6 4BX2
£500K09/230.76 mi4, Castlands Road, London, Greater London SE6 4LN2
£580K09/210.76 mi20, Cypress Gardens, London, Greater London SE4 2FB2
£704K12/220.77 mi61, Bexhill Road, London, Greater London SE4 1SJ2
£555K05/230.78 mi14, Datchet Road, London, Greater London SE6 4BX2

Local Rents

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

RentDateDistanceAddressBeds 
£1,65008/240.01 miWastdale Road Forest Hill SE232
£1,65008/240.07 miStanstead Road, London, SE232
£2,00004/250.11 mi-2
£1,65009/240.12 mi-2
£1,85002/240.12 mi-2
£2,25008/240.13 miBrockley Rise London SE232
£1,80002/250.13 mi-2
£1,70010/240.13 mi-2
£1,70004/250.13 mi-2
£1,70008/240.13 miStanstead Road, London, SE232
£2,20008/240.14 mi-2
£1,70002/240.14 mi-2
£2,20003/250.14 mi-2
£1,50008/240.14 miSunderland Road Forest Hill SE232
£2,20003/250.14 mi-2
£2,50003/250.15 mi-2
£1,85010/240.16 mi-2
£1,90011/240.17 mi-2
£2,25008/240.17 miColfe Road, Forest Hill, London, SE232
£2,25009/240.17 miColfe Road Forest Hill SE232
£1,90001/250.19 mi-2
£1,90001/250.19 mi-2
£1,60008/240.19 miCranston Road, Forest Hill, SE232
£1,60008/240.2 miSt German's Road, Forest Hill, SE232
£1,75008/240.2 miSt. German's Road, London, SE232
£1,95008/240.2 miSt. German's Road, London, SE232
£1,85011/240.21 mi-2
£1,85011/240.21 mi-2
£1,75008/240.21 miStanstead Road, London, SE232
£1,90008/240.21 miWhatman Road, Honor Oak2
£1,60008/240.21 miSunderland Road, Forest Hill, SE232
£1,70009/240.21 miSunderland Road London SE232
£2,10008/240.22 miWaldram Park Road London SE232
£1,60008/240.22 miWaldram Park Road, Forest Hill, SE232
£2,15008/240.22 mi-2
£1,95008/240.23 miWaldram Park Road, Forest Hill, London, SE232
£1,75008/240.23 miSt Germans Road, Forest Hill, London, SE232
£2,20008/240.23 miColfe Road, SE232
£1,85003/250.24 mi-2
£1,75008/240.25 miBrockley Park London SE232
£1,80008/240.25 mi-2
£2,35008/240.27 miStanstead Road, London, SE232
£1,85008/240.27 miDevonshire Road, London, SE232
£1,55009/240.27 mi-2
£1,70003/250.27 mi-2
£1,55008/240.27 miDevonshire Road, London, SE232
£1,70008/240.28 miWaldram Park Road, London2

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

6.41 miles away

Nearest school

0.10 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 £475,000

March 3, 2025

Floor Plans

Description

  • Private Balcony +
  • Modern Development +
  • Maisonette / Own Front Door +
  • Underfloor Heating Throughout +
  • Top Floor +
  • 2 Double Bedrooms +
  • 678 Sqft +

The Property
A well presented two bedroom modern apartment. At 580 sqft, there is lots of 'elbow room' in this apartment and the proportions and balance of space work really well. There is underfloor heating throughout and the large south facing terrace makes for lots of natural light even in the winter months. There is a modern open plan kitchen / reception area and a well proportioned hallway.

This corner of SE London has justifiably earned itself a reputation as a great place to live and one can see why. Wastdale Road is located in the quiet residential neighbourhood between both Forest Hill and Honor Oak Park stations. Additionally, Crofton Park and Catford stations are also within walking distance. Therefore, there are excellent transport links with easy access into Central London and the City via mainline services as well as the London Overground. There are some lovely cafes, delis and bars in Forest Hill High Street, gyms, Honor Oak Parade and also some great local schools.

Property ownership information

Ground rent review period: No review period

Service charge review period: Every 1 year

Lease end date: 01/01/2142

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering South East London

020 3840 3819

Next Steps?

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