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Grierson Road, Forest Hill - Image 1
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Grierson Road, Forest Hill

London

£950,000
Listed on 05/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom family home, spanning over 1,600 square feet, is located in a desirable neighborhood that offers both convenience and charm. Situated in a leafy area of Honor Oak, the property is just a short stroll from Honor Oak Park station, providing easy access to central London and enhancing its appeal for commuters. The residence features spacious living areas that provide a comfortable environment for family life. The west-facing garden is an inviting outdoor space with potential for landscaping or extension, subject to the necessary planning permissions. This aspect presents an exciting opportunity for future enhancement, allowing new owners to customize the property to their liking. Honor Oak is known for its community-oriented atmosphere and is particularly attractive to families due to the proximity of several highly-regarded schools, such as Stillness Primary School, Dalmain Primary School, and Harris Girls' Academy. Additionally, the nearby green spaces—Horniman Gardens, One Tree Hill, and Peckham Rye Park—offer plenty of opportunities for leisure activities and outdoor enjoyment. Overall, this home not only serves as a comfortable living space but also represents a solid investment opportunity in a sought-after location with growth potential. The freehold tenure adds further value by providing greater control over the property and its development possibilities.

Investment Analysis

(SE23 area)
Area Average
£619/sq ft
Avg Rent (weekly)
£453
Avg Yield
4.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SE23)

Area prices are rising by +9.6% over the last 12 months
3 year growth: 1.7%
5 year growth: 13.4%
Investment Disclaimer: Analysis based on SE23 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Grierson Road, Forest Hill
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,480
Based on a loan of £712,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE