1-bedroom flat · SE23 3EA
For saleListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on Woodvale Road in Forest Hill, this well-proportioned one bedroom ex-local authority apartment presents an excellent opportunity for first-time buyers or investors alike.
Offered at £270,000 with a healthy 102 years remaining on the lease, the property combines affordability with long-term security.
The flat offers a bright and practical layout, with generous living space leading out to a private balcony-ideal for enjoying some outdoor space.
The bedroom is well-sized, complemented by a functional kitchen and bathroom, making it a comfortable home ready to move into or personalise over time.
Further benefits include resident parking and excellent transport links nearby, providing easy access into Central London and beyond.
Positioned within a well-connected and increasingly popular part of Forest Hill, this is a smart purchase in a location that continues to grow in demand.
Leasehold Lease Length: From 29th March 2004 to 14th January 2126 Ground Rent: £10 pa Service Charge: £1,900 pa Lewisham Council - Tax Band: A Energy Efficiency Rating: C
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 202, Wood Vale, London
Explore nearby
.png){kind=logo}
