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Perry Rise, Forest Hill, London, SE23

London

£1,250,000
Listed on 13/03/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1723 sqft

Description

This charming four-bedroom semi-detached Edwardian residence offers significant renovation and investment opportunities, complemented by off-street parking and an expansive 154ft private rear garden. Spanning approximately 1,723 sq ft across two floors, the property marries classic character with ample space for modern living. Upon entry, you are welcomed by an inviting hallway featuring original Edwardian tiling and parquet flooring. The front reception room is spacious, showcasing a bay window and a fireplace adorned with original stained glass windows, creating an ideal setting for relaxation and entertaining guests. At the rear of the home lies a dining area equipped with fitted bookshelves and bifold doors that open onto a substantial composite decking space, seamlessly connecting indoor and outdoor living. The kitchen boasts integrated appliances but may benefit from updates to maximize its potential. The extensive garden includes a powered outbuilding with a shower room, as well as a large workshop at the rear along with a summer house and greenhouse, offering diverse usage options or rental potential. On the first floor, discover four generously sized bedrooms alongside a family bathroom and separate WC. Off-street parking can accommodate up to four vehicles, while loft access presents an opportunity for further extension (subject to planning permission). With plenty of storage throughout and an abundance of natural light, this property is ready to be transformed into a modern family home. Situated around 0.7 miles from Forest Hill station, it enjoys excellent transport links into central London and is conveniently close to local amenities including schools, parks, restaurants, shops, cafes, and pubs.

Investment Analysis

(SE23 area)

Above Market Value

This property is priced +17.9% above area average per sq ft

+17.9%
This Property
£725/sq ft
Area Average
£615/sq ft
Avg Rent (weekly)
£440
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,166,083
10% above area average per sq ft
Potential ROI
-13.6%
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

Perry Rise, 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
£4,508
Based on a loan of £937,500 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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