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See how verdicts work2-bedroom flat · SE23 3HQ
Sold STCListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewings Commencing: 25.4.26 Guide Price: £450,000 - £500,000 A well-presented two double bedroom ground floor Victorian conversion apartment, ideally located in the heart of Forest Hill and just 0.25 miles from Forest Hill station, offering excellent links into a number of central London destinations including, London Bridge and Shoreditch.
The property features two double bedrooms and two bathrooms, making it ideal for first time buyers, professionals or those looking to upsize.
A recently installed modern kitchen and stylish LVT flooring throughout create a contemporary feel, while the private south facing courtyard provides a fantastic outdoor space for relaxing or entertaining.
Forest Hill offers a vibrant community atmosphere with a bustling high street, a variety of shops, cafés, and bars, as well as the popular Horniman Museum and Gardens nearby.
The highly regarded Lordship Lane of East Dulwich is less than 1 mile away, offering an excellent selection of independent shops, restaurants and pubs.
Further benefits include a long lease with approximately 183 years remaining.
Parking: One allocated off street parking space highlighted within the photos Tenure: Leasehold Lease Length Remaining: 183 years Service Charge: £2,400 per annum Ground Rent: £300 per annum
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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 Horniman Grange, London Road, Forest Hill, SE23
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