1-bedroom flat · SE23 1RT
For saleListed 32 days
Opportunity summary
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About
Guide Price £300,000 to £325,000 Chain-free Set on the ground-floor of this sought-after development in Park Rise is this one-bedroom apartment in close proximity to Forest Hill, Honor Oak and Catford.
Spanning approximately 542 sqft, the apartment is offered in re-furbished condition and comprises of a double bedroom, family bathroom, a kitchen and a sitting/dining room measuring over 25sqm which leads to its own south-facing private garden.
The property is perfect for a First Time Buyer looking for a home in the area.
Guide Price £300,000 to £325,000 Chain-free Set on the ground-floor of this sought-after development in Park Rise is this one-bedroom apartment in close proximity to Forest Hill, Honor Oak and Catford.
Spanning approximately 542 sqft, the apartment is offered in re-furbished condition and comprises of a double bedroom, family bathroom, a kitchen and a sitting/dining room measuring over 25sqm which leads to its own south-facing private garden.
Here is what the owner had to say about the property: •The jack and jill bathroom lets guests use it while also being an en suite •The garden is sizable for the area - probably around 25% of the total floor space •The open plan kitchen is great for entertaining - you can cook while guests sit at the breakfast bar.
•There's a surprisingly low amount of road noise for something so close to the south circular as its in a cul de sac and there's buildings blocking the noise •It's close to Blythe Hill for amazing London views, it's on three separate train lines giving lots of options there, and it's a pretty swift and scenic cycle into the city In terms of renovations and upgrades we have done the following: •We removed an internal wall to make the kitchen/lounge one space •We installed the kitchen and breakfast bar •Insulation added at the rear behind a stud wall behind the main kitchen cabinets •New condenser boiler installed in June 2026 •Super king bed, furniture and appliances can be included with the sale if desired The property is located in proximity of London Overground, Thameslink and Southeastern train services from: Honor Oak Park Forest Hill Both Catford stations Travel times to destinations from these stations include: London Bridge - approximately 16 minutes Victoria - approximately 35 minutes London St Pancras - approximately 32 minutes London Cannon Street - approximately 30 minutes London Charing Cross - approximately 28 minutes For late night travellers, night bus N171 runs from Tottenham Court Road through Waterloo and Elephant & Castle to the bus stop (Brockley Park) at the end of St German's Road.
Local high streets include Honor Oak, Forest Hill and Catford, where you will find Sainsbury's, Tesco and your choice of boutique cafés, restaurants and trendy gastro pubs, as well as leisure centres, libraries and even the odd cocktail bar...
The Horniman Museum and Gardens is a well-known local point of interest and can be found locally. With regular events such as a farmers market, live music and seasonal festivals to name a few.
The property is also less than a mile from the open space of Blythe Hill fields and its panoramic views over Canary Wharf, the City, Kent and Surrey.
Some of the eateries nearby we know well are the award-winning Babur Indian restaurant.
There's also the popular Mama Dough (Sour Dough) pizza restaurant and Le Querce - run by a Sardinian family serving traditional dishes.
The Honor Oak pub on the corner of St German's Road was refurbished a year or two ago and is now a popular gastropub with a beer garden out the back.
Additional conveniences include the nhs doctors' surgery on the corner of St German's Road, with a handy chemist located next door.
The following schools are offered locally: Kilmorie Dalmain Eliot Bank Fairlawn Stillness Contact Hunters for an early viewing.
Verified Material Information Costs and tenure Tenure: Leasehold Lease length: 89 years remaining (113 years from 2002) Ground rent: £10/year Service charge: £599/year Council tax band: B EPC rating: D The building Detached flat, standard construction 1 bedroom, 1 bathroom, 1 reception Accessibility adaptations: None Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Heating features: Double glazing Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 good, Vodafone good, Three good, EE good Parking: Communal and Off Street Not in a controlled parking zone No disabled parking available Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (TGL202448): - A deed from 1853 contains historical rules (known as restrictive covenants) that affect the part of the land tinted blue on the plan.
These are rules that limit how the land can be used, though the specific details were not recorded by the Land Registry.
- The standard legal promises (covenants) regarding the seller's right to sell the property have been modified, which is a routine technical matter in property transfers.
- The property is subject to certain legal rules and obligations under the Housing Act 1985, which is common for properties formerly owned by the local council.
No environmental risks recorded All information is provided without warranty. Contains hm Land Registry data © Crown copyright and database right 2021.
This data is licensed under the Open Government Licence v3.0. The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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