2-bedroom flat · SE23 3LZ
For saleReduced £25k (−4.5%) on 8 SepListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A light and spacious two-bedroom flat set on the first floor of a charming period conversion on Devonshire Road, ideally located in the heart of Forest Hill.
Filled with natural light throughout, the property features a generously sized reception room with attractive sash bay windows overlooking the front of the property, creating a bright and inviting living space.
To the rear, the kitchen offers plenty of room for dining, making it ideal for both everyday living and entertaining.
Both bedrooms are well-proportioned doubles, while the property also benefits from a bathroom and separate WC, adding further practicality and convenience.
Ideally positioned within easy reach of both Forest Hill and Honor Oak Park, the property enjoys excellent transport links into Central London via London Overground and National Rail services.
The surrounding area offers a vibrant community feel, with an excellent selection of independent cafés, restaurants, shops, and local amenities nearby.
The popular Horniman Museum and Gardens is also within easy reach, while highly regarded schools including Fairlawn Primary School further enhance the appeal of this sought-after location.
EPC Rating: D Entrance Hall Inset ceiling spotlights, storage cupboard, radiator, fitted carpet.
Reception Room (7.29m x 4.00m) Original sash bay windows, pendant ceiling lights, fireplace, radiator, wood flooring.
Kitchen (3.58m x 3.33m) Original sash window, inset ceiling spotlights, fitted kitchen units, 1.5 bowl sink with mixer tap and drainer, plumbing for washing machine, integrated oven, gas hob and extractor hood, combi boiler, radiator, vinyl flooring.
Bedroom (4.00m x 3.66m) Original sash window, pendant ceiling light, fireplace, radiator, wood flooring.
Bedroom (4.03m x 3.58m) Original sash window, pendant ceiling light, fireplace, radiator, wood flooring.
Bathroom (2.20m x 2.15m) Original sash window, ceiling light, bathtub with shower, washbasin, WC, radiator, tile flooring.
WC (2.20m x 0.93m) Original sash window, ceiling light, washbasin, WC, radiator, tile flooring.
Disclaimer Robert Stanford Estates prepares property particulars in line with the Consumer Rights Act (2015).
These details are provided for general guidance only and do not constitute a contract or offer.
Buyers should verify all information with their legal and professional advisers before exchange of contracts. No guarantees are given regarding structure, services, or appliances.
Measurements and distances are approximate and for illustration only. Any reliance on this information is at the buyer’s own risk.
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 advisers 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 131b, Devonshire Road, Forest Hill
Explore nearby