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Stondon Park, Honor Oak, London SE23 - Image 1

Stondon Park, Honor Oak, London SE23

London

£340,000

Listed on 21/06/2026

Property Details

Bedrooms
2
Type
Maisonette
Area
767 sqft

Description

This two-bedroom residence presents a compelling opportunity for investors and renovators alike, situated conveniently within reach of both Crofton Park and Honor Oak Park train stations. The property features its own private entrance and offers two spacious bedrooms along with direct access to a secluded rear garden, enhancing its appeal. However, it is essential to note that the entire unit requires comprehensive renovations throughout, effectively allowing the new owner to put their personal touch on the space. Additionally, this property is available with no onward chain, streamlining the buying process for potential investors eager to act quickly. Please be aware that this sale will proceed through a Modern Method of Auction, requiring completion within 56 days post-reservation. As such, prospective buyers should thoroughly assess the property and consult with their mortgage lender before engaging in bidding.

Investment Analysis

(SE23 area)

Below Market Value

This property is priced -28.3% below area average per sq ft

-28.3%
Potential saving
This Property
£443/sq ft
Area Average
£618/sq ft
Avg Rent (weekly)
£422
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£521,491
10% above area average per sq ft
Potential ROI
+24.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SE23)

Area prices are rising by +5.8% over the last 12 months
3 year growth: +2.2%
5 year growth: +4.5%
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

Stondon Park, Honor Oak, London SE23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,284
Based on a loan of £255,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

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