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Priestfield Road, Forest Hill, London, SE23 - Image 1
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Priestfield Road, Forest Hill, London, SE23

London

£750,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1058 sqft

Description

This spacious three-bedroom residence, retaining its classic 1930s charm, offers versatile living spaces that can adapt to various family needs. The ground floor is characterized by two well-lit reception rooms perfect for daily family activities and entertaining guests, complemented by a contemporary open-plan kitchen/diner that seamlessly connects to a well-kept rear garden. Additionally, the property includes a garage and off-street parking, which adds practicality for busy families. With potential for expansion into the loft or an extension at the rear (subject to planning permission), this home presents an excellent opportunity to enhance both its living space and market value.

Investment Analysis

(SE23 area)

Above Market Value

This property is priced +15.2% above area average per sq ft

+15.2%
This Property
£709/sq ft
Area Average
£615/sq ft
Avg Rent (weekly)
£440
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£716,028
10% above area average per sq ft
Potential ROI
-10.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SE23)

Area prices are rising by +3.0% over the last 12 months
3 year growth: -2.6%
5 year growth: +2.6%
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

Priestfield Road, Forest Hill, London, SE23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,705
Based on a loan of £562,500 over 30 years at 4.06% 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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