2 Bed Flat, Single Let, London, SE23 3TA, £425,000

Devonshire Road, Forest Hill, SE23 3TA - a month ago

Under Offer
Leasehold
BTL
~67 m²
+8 photos

ValuationFair Value

Sold Prices£250K - £620K
Sold Prices/m²£1.7K/m² - £9K/m²

 

 

Square Metres

~67.10 m²
Price/m²£6.3K/m²

Value Estimate

£425,739

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£33,700

Total Cash In

£139,950

 

 

Cash Out

 

Rent Range

£1,500 - £3,300

Rent Estimate

£1,550

Running Costs/mo

£1,658

Cashflow/mo

£-108

Cashflow/yr

£-1,297

Gross Yield

4%

Local Sold Prices

50 sold prices from £250K to £620K, average is £428.8K. £1.7K/m² to £9K/m², average is £6.3K/m².

PriceDateDistanceAddressBeds 
£464K11/200.03 mi182c, Devonshire Road, London, Greater London SE23 3TB2
£350K07/230.07 mi150c, Devonshire Road, London, Greater London SE23 3SZ2
£556K12/200.11 mi3a, Dunoon Road, London, Greater London SE23 3TD2
£435K12/200.12 mi232b, Devonshire Road, London, Greater London SE23 3TQ2
£485K02/230.2 miGround Floor Flat, 133, Honor Oak Road, London, Greater London SE23 3SL2
£250K06/210.22 mi90a, Devonshire Road, London, Greater London SE23 3SX2
£405K03/210.22 mi53, Greystead Road, London, Greater London SE23 3SD2
£350K12/200.23 mi38b, Ewelme Road, London, Greater London SE23 3BH2
£312.5K04/230.23 miFlat C, 122, Devonshire Road, London, Greater London SE23 3SX2
£398.5K10/210.26 mi96, Stanstead Road, Forest Hill, London, Greater London SE23 1BS2
£320K11/200.27 miFlat 3, Baxter House, Horniman Drive, London, Greater London SE23 3BJ2
£465K12/200.29 mi23b, Rockbourne Road, London, Greater London SE23 2DA2
£450K08/230.3 mi16, Firs Close, London, Greater London SE23 1BB2
£445K06/230.31 mi8, Grove Close, London, Greater London SE23 1AS2
£387.5K12/210.31 mi38a, Rockbourne Road, London, Greater London SE23 2DD2
£373.3K07/230.31 mi172, Grierson Road, London, Greater London SE23 1NU2
£492K06/210.31 miGreenbury Cottage, 105b, Honor Oak Park, London, Greater London SE23 3LB2
£440K05/230.33 mi22a, Ackroyd Road, London, Greater London SE23 1DL2
£507.8K12/200.34 mi19a, Gabriel Street, London, Greater London SE23 1DW2
£372.5K06/210.34 mi53b, Waldram Park Road, London, Greater London SE23 2PW2
£322.5K06/230.36 miFlat 6, Cheney Court, Waldram Park Road, London, Greater London SE23 2PL2
£315K09/210.36 mi24 Ashton Heights, Horniman Drive, London, Greater London SE23 3BS2
£427.5K08/210.38 mi49a, Devonshire Road, London, Greater London SE23 3EN2
£390K03/230.38 mi20, Honor Oak Rise, London, Greater London SE23 3RA2
£345K03/230.39 miFlat 5, Plumpton Court, Brockley Park, London, Greater London SE23 1PX2
£540K02/230.4 mi1a, Wyleu Street, London, Greater London SE23 1DU2
£440K01/230.4 miGround Floor Flat, 33, Honor Oak Park, London, Greater London SE23 1DZ2
£290K11/200.41 mi33b, Sunderland Road, London, Greater London SE23 2PS2
£450K06/230.41 mi18a, Honor Oak Park, London, Greater London SE23 1DY2
£340K07/230.43 mi184, Wood Vale, London, Greater London SE23 3EA2
£430K11/210.44 mi126c, Stondon Park, Forest Hill, London, Greater London SE23 1JS2
£485K04/210.46 mi65a, Colfe Road, London, Greater London SE23 2ES2
£595K06/230.46 miApartment 9, The Apostles, Church Rise, London, Greater London SE23 2UD2
£400K12/200.46 mi76c, Honor Oak Road, London, Greater London SE23 3RR2
£375K09/210.47 mi24a, St Germans Road, London, Greater London SE23 1RJ2
£600K12/200.47 mi35b, Marmora Road, London, Greater London SE22 0RX2
£600K09/210.47 mi29b, Marmora Road, London, Greater London SE22 0RX2
£600K03/210.48 mi23b, Marmora Road, London, Greater London SE22 0RX2
£335K04/230.52 mi14, Church Vale, London, Greater London SE23 2UW2
£376K05/210.53 mi42a, Kilmorie Road, London, Greater London SE23 2ST2
£513.9K07/230.53 mi5, Loxton Road, Forest Hill, London, Greater London SE23 2ET2
£455K07/230.54 mi39a, Codrington Hill, London, Greater London SE23 1LR2
£435K11/200.54 mi71, St German's Road, London, Greater London SE23 1RY2
£410K06/210.54 mi34, Therapia Road, London, Greater London SE22 0SE2
£620K04/210.55 mi107a, Wood Vale, London, Greater London SE23 3DT2
£539K12/200.55 miFlat 1, Queens Court, Taymount Rise, London, Greater London SE23 3UP2
£375K06/210.57 miFlat 6, Hillhurst Court, South Road, London, Greater London SE23 2UE2
£407.5K06/210.57 miFlat 48, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£386.5K11/200.58 miFlat 45, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2
£430K02/210.58 miFlat 50, Mundania Court, Forest Hill Road, London, Greater London SE22 0NQ2

Local Rents

48 rents from £1.5K/mo to £3.3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,65008/240.01 miDevonshire Road, London, SE232
£1,75008/240.03 miLynfield Court, Devonshire Road, Forest Hill, SE232
£1,95008/240.09 miChurchwood Gardens, Honor Oak2
£1,85008/240.1 miDevonshire Road, London, SE232
£2,10008/240.11 miDevonshire Road, Forest Hill, SE232
£1,85008/240.11 miDevonshire Road, London, SE232
£2,20008/240.11 miChurchwood Gardens, Forest Hill2
£2,50008/240.11 mi-2
£3,30003/250.11 mi-2
£2,90004/250.11 mi-2
£2,25008/240.11 miChurchwood Gardens, Forest Hill2
£1,70003/250.12 mi-2
£2,20008/240.12 miChurchwood Gardens, Honor Oak2
£2,20008/240.12 miChurchwood Gardens, Forest Hill2
£1,95008/240.13 miChurchwood Gardens, Forest Hill, London, SE232
£2,20008/240.13 miChurchwood Gardens, Forest Hill, London, SE232
£1,65003/250.13 mi-2
£2,20008/240.15 miHonor Oak Road, Honor Oak2
£1,82510/240.2 mi-2
£2,00004/250.2 mi-2
£1,90011/240.2 mi-2
£1,70008/240.2 miHonor Oak Road, Forest Hill, London, SE232
£1,80008/240.2 miThe Manor, Manor Way, London2
£1,55009/240.21 mi-2
£1,70003/250.21 mi-2
£1,55008/240.21 miDevonshire Road, London, SE232
£1,74608/240.22 miManor Way, Forest Hill, SE232
£2,45010/240.22 mi-2
£2,27511/240.22 mi-2
£1,80009/240.23 mi-2
£1,60008/240.23 miDevonshire Road, Forest Hill, SE232
£1,95008/240.25 miDevonshire Rd, Honor Oak, London, SE232
£1,82508/240.28 miCanonbie Road London SE232
£1,65008/240.28 miDevonshire Road, Forest Hill, London, SE232
£1,65008/240.28 miWastdale Road Forest Hill SE232
£1,75008/240.28 mi-2
£2,35008/240.29 miStanstead Road, London, SE232
£1,75008/240.29 miNetherby Road 2
£1,85002/240.31 mi-2
£1,50008/240.31 mi-2
£1,90008/240.31 miWhatman Road, Honor Oak2
£1,50008/240.31 miSunderland Road Forest Hill SE232
£2,20003/250.32 mi-2
£2,20003/250.32 mi-2
£2,50003/250.33 mi-2
£2,00008/240.33 miHonor Oak Rise, Honor Oak Park, London, SE232
£1,95009/240.34 mi-2
£1,95009/240.34 mi-2

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

6.16 miles away

Nearest school

0.20 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £425,000

March 8, 2025

Floor Plans

Description

  • Top Floor Flat +
  • Two Double Bedrooms +
  • Communal Garden +
  • Greatly Location +
  • Separate Kitchen +
  • Close to Stations +
  • Off Street Parking +

Positioned on the top floor of an attractive mock tudor building is this excellent value two double bedroom apartment set on the hugely popular Devonshire Road.
With a delightful reception room with separate dining area this flat offers a great amount of space with some charming features. Naturally bright throughout, this flat is welcoming and pleasantly decorated to a lovely standard.

Agent Details

Kinleigh Folkard & Hayward - Sales, Forest Hill

020 3835 5504

Next Steps?

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