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Witney Path, Mayow Road, London SE23 - Image 1
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Witney Path, Mayow Road, London SE23

London

£500,000
Listed on 09/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
842 sqft

Description

Nestled in the sought-after Mayow Road area of Forest Hill, this three-bedroom house offers a promising canvas for those looking to establish their ideal family home. Bathed in natural light, the property exudes a warm and inviting atmosphere. While it has been kept in good condition over the years, there is significant potential for modernisation, allowing new owners to tailor the space according to their preferences and contemporary standards. The generous layout provides ample room for family living and entertaining, presenting an opportunity to optimize or reconfigure spaces to suit modern needs. At the back, a private garden creates a tranquil retreat, ideal for relaxation or gatherings with loved ones. Conveniently located, the house is well-connected to central London via excellent transport links and is within close proximity to local amenities, parks, and reputable schools. This property stands out as a rare chance to invest in an enduring home in a desirable location while offering ample scope for value enhancement through thoughtful renovations.

Investment Analysis

(SE23 area)

Below Market Value

This property is priced -4.1% below area average per sq ft

-4.1%
Potential saving
This Property
£594/sq ft
Area Average
£619/sq ft
Avg Rent (weekly)
£407
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£573,549
10% above area average per sq ft
Potential ROI
+6.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SE23)

Area prices are rising by +5.0% over the last 12 months
3 year growth: +1.0%
5 year growth: +3.9%
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

Witney Path, Mayow Road, London SE23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,784
Based on a loan of £375,000 over 30 years at 3.97% 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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