2-bedroom flat · SE23 2HR
For saleListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Top floor two bedroom flat with a private garden and additional loft space, set in a Victorian building on a quiet residential street in Forest Hill.
The flat has high ceilings, a bay window and a fireplace, along with modern updates. It includes a fitted kitchen, bathroom, gas central heating and a long lease.
The private garden is accessed via an external staircase and includes a lawn, fruit trees and a decked seating area.
Inside, there's a split level hallway leading to a bright living room with two front facing windows. The separate kitchen has fitted units, a gas hob, double oven and space for appliances.
There are two good sized bedrooms (one with built in wardrobes) and a bathroom with a standard three piece suite.
There's also a renovated loft room (not part of the lease) providing extra storage and usable space.
Located between Forest Hill and Catford, the flat is within a mile of several stations, including Forest Hill, Honor Oak Park, Catford and Catford Bridge Sellers comments: The property is walking distance to many key amenities including supermarkets Sainsbury's and Aldi (Sydenham superstores), the green spaces of Blythe Hill Fields, Mayow Park and Ladywell Fields.
It is also close to a variety of restaurants, coffee shops, gastro pubs and cafes. Some favourites being; The Blythe Hill Tavern (pub), Babur (Restaurant), Marchetti (café).
The property benefits from being within close proximity to Catford, Catford Bridge, Forest Hill and Honor Oak Park stations, which offer direct and fast links into London Bridge, Charing Cross, St Pancras, Waterloo, Blackfriars and Victoria.
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
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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 Northwood Road, London
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