2-bedroom terraced house · SE23 3SX
Listing removedListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the first floor of this stunning Victorian semi detached house is this lovely 2 bedroom conversion flat.
The property is conveniently located for Forest Hill station which is only a few minutes walk.
The property is offered to the market in excellent condition and benefits from double glazed windows throughout.
The entrance is on the first floor leading to a hallway providing access to the master bedroom, bathroom and reception room.
The master bedroom is at the rear of the house and is a good size double with carpeted floors and a large sash window with nice views over the garden.
The bathroom is in the middle of the flat, decorated in a contemporary style with grey tiled flooring, a wash hand basin with vanity unit below and mirror above, a modern white toilet with press button flush and a bath tub with shower screen and shower head above, the bath is surrounded by white tiled walls.
The reception room is located at the front of the house with semi open planned kitchen, this area is carpeted and benefits from a nice feature fireplace with built in shelving in the alcoves.
A large sash window illuminates the room with natural light.
The modern kitchen base and wall mounted units with a laminate worktop above incorporating a stainless steel sink with drainer with a window above.
There is also a fitted 4 ring gas hob with oven below and extractor above. The kitchen also includes a new under counter fridge freezer, washing machine, microwave fitted to the wall and the boiler.
Bedroom 2 is accessible from the reception room, it has carpeted floors and a window to the side of the house.
Devonshire Road is a much-loved street stretching from Forest Hill centre to Honor Oak Park.
This home is at the Forest Hill end, in the conservation area, only a few minutes walk to the independent shops and cafes found nearby, and the magical Devonshire Road Nature Reserve.
The station, just five minutes away, has services to London Bridge, Victoria and London Overground links to Canada Water, Shoreditch, Hoxton, Dalston Junction and Highbury & Islington.
At the end of the street is St Davids which has the prettiest coffee shop you could wish for. There are superb comedy nights at The Signal and The Sylvan Post does excellent food.
Youll also find a Sainsburys, Post Office, WH Smiths, Boots, delicatessens and modern swimming pool/leisure centre.
Horniman Museum and Gardens is very close and holds regular farmers markets, great summer events and a butterfly sanctuary, while Sydenham Woods is also within walking distance.
This is a great property in a superb location. Contact us now to arrange an appointment.
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 120 Devonshire Road, London, Greater London, SE23
Explore nearby