3 Bed Terraced House, Single Let, London, SE23 3PS, £550,000

1 London Road, Forest Hill, SE23 3HF - a month ago

BTL
~82 m²
+6 photos

ValuationUndervalued

Sold Prices£445K - £1.2M
Sold Prices/m²£3.9K/m² - £10.9K/m²

 

 

Square Metres

~82.40 m²
Price/m²£6.7K/m²

Value Estimate

£574,022
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£46,200

Total Cash In

£183,700

 

 

Cash Out

 

Rent Range

£1,600 - £6,500

Rent Estimate

£2,056

Running Costs/mo

£2,150

Cashflow/mo

£-94

Cashflow/yr

£-1,127

Gross Yield

4%

Local Sold Prices

50 sold prices from £445K to £1.2M, average is £720K. £3.9K/m² to £10.9K/m², average is £7K/m².

PriceDateDistanceAddressBeds 
£675K04/210.08 mi41, Sydenham Rise, London, Greater London SE23 3XL3
£773.2K08/210.1 mi16, Little Brownings, London, Greater London SE23 3XJ3
£738K11/200.1 mi14, Little Brownings, London, Greater London SE23 3XJ3
£600K03/210.22 mi14, Kirkdale, London, Greater London SE26 4NE3
£562K12/200.22 mi12, Kirkdale, Sydenham, London, Greater London SE26 4NE3
£625K04/230.23 mi45, Wood Vale, London, Greater London SE23 3DS3
£735K09/230.29 mi33, Lammas Green, London, Greater London SE26 6LT3
£1.0M06/210.32 mi1, Radlet Avenue, London, Greater London SE26 4BZ3
£1.0M06/210.32 mi1, Radlet Avenue, London, Greater London SE26 4BZ3
£785K12/230.32 mi15, Radlet Avenue, London, Greater London SE26 4BZ3
£620K02/210.32 mi29, Kirkdale, London, Greater London SE26 4BT3
£735K12/200.33 mi13, Waldenshaw Road, London, Greater London SE23 3XP3
£724.2K12/210.35 mi26, Derby Hill Crescent, London, Greater London SE23 3YL3
£1.1M11/200.35 mi32, Derby Hill Crescent, London, Greater London SE23 3YL3
£805K03/230.35 mi20, Derby Hill Crescent, London, Greater London SE23 3YL3
£910K10/220.36 mi50, Derby Hill, London, Greater London SE23 3YD3
£771.5K07/220.36 mi32, Derby Hill, London, Greater London SE23 3YD3
£670K06/210.37 mi44, Kirkdale, Sydenham, London, Greater London SE26 4NQ3
£715K12/200.38 mi45, Mount Ash Road, London, Greater London SE26 6LY3
£610K04/210.39 mi40, Round Hill, London, Greater London SE26 4RG3
£550K06/230.39 mi8, Century Yard, London, Greater London SE23 3XT3
£850K12/210.41 mi36, Tewkesbury Avenue, London, Greater London SE23 3DQ3
£616K03/210.42 mi18, Panmure Road, London, Greater London SE26 6NA3
£705K04/210.42 mi6, Panmure Road, London, Greater London SE26 6NA3
£625K02/230.44 mi110, Dartmouth Road, London, Greater London SE26 4RW3
£1.2M09/220.45 mi38, Liphook Crescent, London, Greater London SE23 3BW3
£725K04/210.45 mi122, Westwood Park, Forest Hill, London, Greater London SE23 3QH3
£705K04/230.45 mi7, Cheseman Street, London, Greater London SE26 4RA3
£577.5K07/230.45 mi8, Brickwood Close, London, Greater London SE26 4BN3
£540K04/210.45 mi51b, Panmure Road, London, Greater London SE26 6NB3
£720K09/230.45 mi45, Panmure Road, London, Greater London SE26 6NB3
£780K06/210.46 mi5, Peckarmans Wood, London, Greater London SE26 6RY3
£720K06/210.46 mi42, Peckarmans Wood, London, Greater London SE26 6RY3
£850K12/220.46 mi57, Tewkesbury Avenue, London, Greater London SE23 3DG3
£620K04/210.46 miMaple Cottage, Bird In Hand Passage, London, Greater London SE23 3HW3
£653K01/210.47 mi3 Rubens Gardens, 469a, Lordship Lane, London, Greater London SE22 8JZ3
£1.1M11/220.47 mi151, Overhill Road, London, Greater London SE22 0PT3
£925K04/210.47 mi155, Overhill Road, London, Greater London SE22 0PT3
£885K11/210.47 mi21, Horniman Drive, London, Greater London SE23 3BJ3
£976K11/200.47 mi29, Clyde Vale, London, Greater London SE23 3JG3
£900K08/210.48 mi18, Horniman Drive, London, Greater London SE23 3BJ3
£950K08/230.49 mi32, Woodcombe Crescent, London, Greater London SE23 3BG3
£557.5K11/200.52 mi9, Longfield Crescent, Sydenham, London, Greater London SE26 4DU3
£795K08/230.53 mi17, Hindsleys Place, London, Greater London SE23 2NF3
£512K12/200.53 mi16, Longfield Crescent, Sydenham, London, Greater London SE26 4DX3
£445K03/210.54 mi8, Arbury Terrace, London, Greater London SE26 6AP3
£600K11/200.59 mi35b, Sydenham Park, London, Greater London SE26 4EE3
£715K11/230.59 miTwo Trees, Halifax Street, London, Greater London SE26 6JA3
£540K03/210.59 mi17, Halifax Street, London, Greater London SE26 6JA3
£620K01/230.59 mi29, Halifax Street, London, Greater London SE26 6JA3

Local Rents

51 rents from £1.6K/mo to £6.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,10008/240.03 miSydenham Hill, Sydenham Hill, London, SE233
£2,00008/240.03 miAttleborough Court, Sydenham Hill, London, SE233
£2,10008/240.04 miSydenham Hill London SE233
£2,39508/240.16 miGrizedale Terrace, London, SE233
£2,40001/250.2 mi-3
£2,80008/240.2 miTaymount Rise, Forest Hill, London, SE233
£2,10008/240.24 miTaymount Rise, London, SE233
£2,95008/240.26 mi-3
£2,50008/240.29 miUnderhill Road, East Dulwich3
£2,40008/240.36 miManor Mount London SE233
£2,60008/240.37 miLordship Lane, London3
£2,50008/240.37 miMelford Road, London, SE223
£2,30008/240.37 miMount Ash Road, Sydenham, SE263
£2,05008/240.38 miDulwich Common East Dulwich SE223
£2,25008/240.41 miCentury Yard, Forest Hill, SE233
£1,87512/240.41 mi-3
£3,50008/240.42 mi-3
£3,50008/240.42 miHavelock Walk, London, SE233
£3,40008/240.42 miCheseman Street, London, SE263
£3,40008/240.45 miCheseman Street London SE263
£2,00002/240.46 mi-3
£3,00008/240.47 miLordship Lane London SE223
£2,77508/240.47 miRubens Gardens, London, SE223
£2,80001/250.47 mi-3
£2,80002/250.47 mi-3
£2,90009/240.49 mi-3
£2,85009/240.49 mi-3
£2,90008/240.49 miOverhill Road, London, SE223
£2,00008/240.49 mi-3
£2,30008/240.49 miOverhill Road, East Dulwich, SE223
£2,75008/240.5 miHorniman Drive, London, SE233
£2,55012/240.51 mi-3
£2,38308/240.51 miWood Vale, East Dulwich, SE233
£1,80008/240.52 miMoore House, Willow Way, Sydenham, SE263
£2,20004/250.53 mi-3
£2,30008/240.53 miHindsleys Place London SE233
£6,50008/240.54 miSydenham Hill London SE263
£6,50008/240.54 miSydenham Hill London SE263
£4,50008/240.54 miSydenham Hill London SE263
£4,50008/240.54 miSydenham Hill London SE263
£5,00008/240.54 miSydenham Hill London SE263
£5,00008/240.54 miSydenham Hill London SE263
£2,50008/240.55 mi-3
£2,35002/240.55 mi-3
£2,35002/240.55 mi-3
£2,40008/240.56 miOverhill Road, SE22, Dulwich, London, SE223
£2,70004/250.57 mi-3
£1,60008/240.57 miPerry Vale, Forest Hill, SE233
£4,50008/240.58 mi41 Sydenham Hill, Sydenham, London, SE263
£4,50008/240.58 miSydenham Hill, Sydenham Hill3
£2,40008/240.59 miCanbury Mews, London, SE263

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

6.38 miles away

Nearest school

0.20 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £550,000

March 6, 2025

Floor Plans

Description

    • Three Bedrooms +
    • Great Location +
    • Open plan +
    • Residents parking +
    • Garden +
    • Complete chain onwards +
    •         Close to Stations + 
      
    •         EPC Rating D + 
      

Guide Price £550,000 - £575,000

The accommodation surpasses 888sqft of internal floor space, providing a practical layout. The ground floor has a great open plan arrangement with a fully fitted kitchen to the front and living space at the rear of downstairs with doors leading to a low maintenance garden. Upstairs are two double bedrooms, good sized single and family bathroom. There is also residents parking available on the development.

Forest Hill Station is within walking distance and offers brilliant connections into London Bridge, and East London via the highly rated 'Orange' line, most commonly known as the London Overground Line, with Forest Hill itself providing your necessary local shops, trendy coffee shops, and boutiques. Dulwich Park is a reasonable walk, or short cycle away, and one that offers a tranquil surrounding, and vast amounts of activities for children and adults alike.

With the recent success we have had at this price level, we anticipate a successful time on the market for this property, so there couldn't be a better way to go into Spring/Summer than having an offer accepted on an all round good value, apartment!

Freehold / EPC Rating D / Council Tax Band C

Agent Details

Acorn, Forest Hill

020 8106 0621

Next Steps?

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