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Cranston Road, Forest Hill, London, SE23 - Image 1
Cranston Road, Forest Hill, London, SE23 - Image 2
Cranston Road, Forest Hill, London, SE23 - Image 3
Cranston Road, Forest Hill, London, SE23 - Image 4
Cranston Road, Forest Hill, London, SE23 - Image 5
Cranston Road, Forest Hill, London, SE23 - Image 6
Cranston Road, Forest Hill, London, SE23 - Image 7
Cranston Road, Forest Hill, London, SE23 - Image 8
Cranston Road, Forest Hill, London, SE23 - Image 9
Cranston Road, Forest Hill, London, SE23 - Image 10
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Cranston Road, Forest Hill, London, SE23

London

£750,000
Listed on 11/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1259 sqft

Description

This charming three-bedroom semi-detached home, dating back to the 1930s, offers a solid foundation for those looking to invest in a property with renovation potential. The generous 85ft garden is a standout feature, providing ample outdoor space for gardening or future landscaping projects. Inside, the layout includes a spacious through lounge and a separate conservatory that invites natural light, creating an inviting atmosphere throughout. The upper level comprises three well-sized bedrooms equipped with built-in storage, making them functional and accommodating for family living or rental opportunities. This residence is located on a desirable residential street in Forest Hill, known for its community feel and accessibility to local amenities. Nearby green spaces and train stations enhance the property's appeal, ensuring convenience for daily commuting or leisurely outings. With the possibility to extend (subject to planning permission), this home presents an exciting chance for buyers eager to create their ideal living space while also benefiting from the area's strong rental demand. Additionally, being within the catchment area of Kilmorie Primary School adds further value, making it an attractive option for families seeking long-term investment in a vibrant neighborhood.

Investment Analysis

(SE23 area)

Below Market Value

This property is priced -3.8% below area average per sq ft

-3.8%
Potential saving
This Property
£596/sq ft
Area Average
£619/sq ft
Avg Rent (weekly)
£453
Avg Yield
4.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£857,669
10% above area average per sq ft
Potential ROI
+10.0%
After renovation
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

Cranston Road, Forest Hill, London, SE23
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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
£2,747
Based on a loan of £562,500 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