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Cranston Road, Forest Hill, SE23 - Image 1
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Cranston Road, Forest Hill, SE23

London

£775,000
Listed on 21/03/2026

Property Details

Bedrooms
5
Type
End Of Terrace
Area
1452 sqft

Description

This impressive five-bedroom semi-detached property is set on a generous plot, presenting a substantial opportunity for those interested in renovation and investment. While the home requires modernization, it offers a solid foundation to create a personal living space tailored to your preferences. The extensive layout includes a welcoming entrance hall leading to two spacious reception areas and a well-sized kitchen, all waiting for a fresh touch. Additionally, the ground-floor WC and garage with internal access enhance the functionality of this family home. On the upper level, you will find five bedrooms, including a sizable master suite with an ensuite shower room. There is also potential for loft conversion or rear extension, subject to planning permission—a common trend among neighboring homes that could significantly increase value. The west-facing garden is well-maintained, featuring a large patio area ideal for outdoor dining and plenty of lawn space suitable for children’s activities or gardening enthusiasts. Located in Forest Hill, this property enjoys excellent transport links with nearby stations providing easy access into Central London, alongside proximity to reputable schools and local amenities ranging from independent shops to larger retail parks.

Investment Analysis

(SE23 area)

Below Market Value

This property is priced -13.2% below area average per sq ft

-13.2%
Potential saving
This Property
£534/sq ft
Area Average
£615/sq ft
Avg Rent (weekly)
£440
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£982,677
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

Cranston Road, Forest Hill, 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
£2,795
Based on a loan of £581,250 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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