2-bedroom flat · SE23 2PB
Sold STCReduced £15k (−4.3%) on 20 MayListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this light and spacious two-bedroom first-floor flat is an excellent opportunity for buyers seeking a well-presented home in a vibrant, well-connected area.
Inside, a generous entrance hall leads to a bright reception room and a contemporary fitted kitchen.
Both bedrooms are well-proportioned doubles, with the principal bedroom benefiting from large fitted wardrobes. A modern bathroom and ample built-in storage complete the interior.
Residents also enjoy access to well-maintained communal gardens.
Ideally positioned just a short walk from Forest Hill Town Centre, the property is surrounded by a diverse selection of shops, supermarkets, and popular places to eat and drink.
Forest Hill Station is also nearby, offering frequent London Overground and National Rail services into Central London.
Lease - 170 years EPC Rating: C Entrance Hall Ceiling light, storage cupboards, wood flooring.
Reception Room 3.24m x 5.14m Double-glazed windows, pendant ceiling light, radiator, wood flooring.
Kitchen 2.35m x 3.03m Double-glazed window, track ceiling light, fitted kitchen units, sink with mixer tap and drainer, integrated oven and electric hob, extractor hood, plumbing for washing machine, radiator, combi boiler, tile flooring.
Bedroom 3.04m x 3.96m Double-glazed windows, pendant ceiling light, fitted wardrobes, radiator, fitted carpet.
Bedroom 2.57m x 3.22m Double-glazed window, pendant ceiling light, radiator, fitted carpet.
Bathroom 1.58m x 2.56m Double-glazed window, ceiling light, bathtub with shower, washbasin, WC, heated towel rail, 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
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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 Dacres Road, Forest Hill, SE23
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