1-bedroom flat · SE23 1HN
For saleListed 8 days
Opportunity summary
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About
A beautifully presented one-bedroom first-floor flat, offered with a Share of Freehold and situated in a well-connected position between Forest Hill and Honor Oak Park.
Extending to approximately 420 sq ft, the property has been well cared for and is presented in excellent condition throughout, with a modern décor and a light and welcoming feel.
The accommodation comprises an open-plan living room and kitchen, a generous double bedroom and a modern family bathroom.
The kitchen is well equipped with integrated appliances including a dishwasher and washing machine, while the wooden worktops add warmth and character to the space.
A particularly useful feature is the separate storage room within the flat, providing excellent additional storage which is often lacking in properties of this type.
The property has also benefited from a number of recent improvements, including full repointing to the rear of the building and the installation of modern, energy-efficient electric heaters which can be controlled remotely, even when away from home.
The flat would make an excellent first home for a single buyer or couple, with the current owner particularly enjoying the peaceful and cosy feel of the property, its natural light and the strong sense of community within the neighbourhood.
Wastdale Road is ideally positioned for the excellent range of independent cafés, restaurants, bars and local amenities found in Forest Hill and Honor Oak Park.
Brockley is also easily accessible, while the surrounding area is particularly well served by green open spaces including Blythe Hill Fields, the Horniman Gardens and Ravensbourne Linear Park.
Forest Hill, Honor Oak Park and Honor Oak Park stations are all within easy reach, providing excellent connections into central London, including London Bridge, Canada Water and Canary Wharf.
The property is also well placed for a number of highly regarded local schools, including Rathfern, Kilmorie, Dalmain and Fairlawn.
EPC Rating: D Council Tax Band: B Tenure: Share of Freehold Lease: 110 years remaining
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flat 2, 35 35, Wastdale Road, London
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