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Codrington Hill, Forest hill

London

£850,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached three-bedroom home presents a unique opportunity for renovation and investment, situated in a desirable neighborhood. With off-street parking available, the property features a spacious garden that offers ample outdoor space. The potential to extend into the loft, subject to necessary permissions, adds further appeal for those looking to increase living space and enhance property value. Located just moments away from the vibrant local scene of Honor Oak and Forest Hill, residents can enjoy a variety of independent cafés, shops, and essential amenities. The nearby Blythe Hill Park provides expansive green spaces for recreational activities. Forest Hill and Honor Oak Park stations are also conveniently close, ensuring quick access to central London. The area is particularly attractive to families due to its proximity to highly regarded schools such as Ladywell Prendergast School and Stillness Primary. This combination of location benefits and renovation potential positions the property as an excellent investment opportunity for both homeowners looking to personalize their space and investors seeking rental options in a popular community. Tenure: Freehold Council Tax Band: D Information provided within this listing should be verified prior to proceeding.

Investment Analysis

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

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Codrington Hill, 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
£3,114
Based on a loan of £637,500 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.

Next Steps

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