Summary - 43 REID HOUSE HYNDEWOOD LONDON SE23 2BJ
1 bed 1 bath Studio
Chain-free studio in a quiet 1960s estate, long lease and close to transport.
South-facing studio with large corner window and wood flooring
A bright south-facing studio in a quiet 1960s private development, offered chain free and with a very long share-of-freehold lease. The open-plan living area benefits from corner glazing and wood flooring, making the most of natural light. Its compact 301 sq ft layout sits on the second floor of a low-rise block within the Hyndewood Estate, close to Horniman Gardens and local shops.
Practical running costs include a service charge of about £1,800 per year and an EPC rating of D. Heating is by electric room heaters and the building’s cavity walls are noted as having no insulation (assumed), so buyers should expect higher energy costs and potential retrofit work to improve efficiency. There is no separate ground rent and the share of freehold gives long-term security.
The flat will suit a first-time buyer seeking an affordable, well-located London base or an investor looking for a straightforward buy-to-let close to good transport links. Forest Hill’s cafes, independent shops and parks are all within walking distance, and both Sydenham and Forest Hill stations provide regular rail links to central London. The surrounding area has higher-than-average crime and pockets of deprivation, which buyers should weigh alongside the property’s low entry price and long lease.
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