2 Bed Flat, Single Let, BR2 9FT £325,000

Homesdale Road, Bromley, BR2 9FT - 2 years ago
Sold STC
Leasehold
BTL
ROI: 3%
~65 m²
Property image
Property image
Property image

ValuationFair Value

Sold Prices£112.5K - £520K
Sold Prices/m²£1.8K/m² - £7.2K/m²

 

 

Square Metres

~65 m²
Price/m²£5K/m²

Value Estimate

£330,159

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£23,700

Total Cash In

£104,950

 

 

Cash Out

 

Rent Range

£1,575 - £3,500

Rent Estimate

£1,584

Running Costs/mo

£1,352

Cashflow/mo

£232

Cashflow/yr

£2,779

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £112.5K to £520K, average is £330K. £1.8K/m² to £7.2K/m², average is £5.3K/m².

Price
Date
Distance
Address
Beds
 
£285K09/210.06 miFlat 27, Gainsborough Court, Homesdale Road, Bromley, Greater London BR2 9NB2
£300K12/210.1 mi55, Woldham Road, Bromley, Greater London BR2 9LA2
£368K12/240.13 mi48 Berkeley Court, Flat 12, Masons Hill, Bromley BR2 9JG2
£154.6K06/230.18 mi148, Homesdale Road, Bromley, Greater London BR2 9LH2
£330.5K04/250.19 miFlat 2, 4, Hayes Lane, Hayes, Bromley BR2 9EB2
£330.5K04/250.19 miFlat 2, 4, Hayes Lane, Hayes, Bromley BR2 9EB2
£112.5K12/240.28 miHardwick House, Flat 57, Masons Hill, Bromley BR2 9GW2
£412.5K03/250.29 mi12a, 42 Axiom Apartments, Sparkes Close, Bromley BR2 9BU2
£325K07/210.34 mi64, Addison Road, Bromley, Greater London BR2 9RR2
£365K01/250.38 mi28c, Langdon Road, Bromley BR2 9JS2
£310K08/230.44 mi13b, Page Heath Villas, Bromley, Greater London BR1 2QN2
£320K06/250.45 mi16, Page Heath Villas, Bickley, Bromley BR1 2QN2
£340K12/240.53 mi42a, Johnson Road, Bromley BR2 9SN2
£350K10/210.53 mi9, Field Close, Bromley, Greater London BR1 2SF2
£375K08/230.55 mi12, Field Close, Bromley, Greater London BR1 2SF2
£400K03/250.62 miApartment 7, 7 Dewey Court, St Mark's Square, Bromley BR2 9UZ2
£446.5K06/230.63 mi52, Beadon Road, Bromley, Greater London BR2 9AT2
£320K08/210.65 mi17, Rushmore Close, Bromley, Greater London BR1 2DJ2
£372K12/240.67 mi19 Glencairn, Flat 5, Southlands Grove, Bickley, Bromley BR1 2DA2
£290K09/210.68 miFlat 138, Lemare Lodge, Fair Acres, Bromley, Greater London BR2 9BS2
£330K05/230.68 miFlat 146, Lemare Lodge, Fair Acres, Bromley, Greater London BR2 9BS2
£335K05/230.69 miFlat 1, Crown Court, Victoria Road, Bromley, Greater London BR2 9PR2
£309K06/210.69 miFlat 6, Britten Lodge, Fair Acres, Bromley, Greater London BR2 9BT2
£295K07/210.69 miFlat 12, Britten Lodge, Fair Acres, Bromley, Greater London BR2 9BT2
£310K11/220.7 mi12, Whitehaven Close, Bromley, Greater London BR2 0YA2
£295K03/230.7 mi44, Whitehaven Close, Bromley, Greater London BR2 0YA2
£425K02/230.7 mi134b, Widmore Road, Bromley, Greater London BR1 3BP2
£330K07/230.71 mi47c, Ravensbourne Road, Bromley, Greater London BR1 1HW2
£318K03/250.71 miFlat 20, 128 Cromarty Court, Widmore Road, Bromley BR1 3BX2
£300K10/210.72 miFlat 121, Elgar Lodge, Fair Acres, Bromley, Greater London BR2 9BP2
£348K08/250.73 miFlat 10, 159 Westland Lodge, Widmore Road, Bromley BR1 3AX2
£330K12/240.73 mi5, Ethelbert Close, Bromley BR1 1JB2
£300K08/230.74 miFlat 33, Handel Lodge, Fair Acres, Bromley, Greater London BR2 9BL2
£312.5K03/250.75 miFlat 54, Vaughan Lodge, Fair Acres, Bromley BR2 9BN2
£300K12/240.76 mi1 The Laurels, Flat 24, Homefield Road, Bromley BR1 3LA2
£375K12/240.77 mi121, Flat 6, Widmore Road, Bromley BR1 3AH2
£322.5K12/240.78 mi20 Bow House, Flat 6, Mackintosh Street, Bromley BR2 9UX2
£325K04/250.79 miFlat 2, 21 Paddington House, Mackintosh Street, Bromley BR2 9US2
£325K04/250.79 miFlat 2, 21 Paddington House, Mackintosh Street, Bromley BR2 9US2
£520K02/250.8 mi6, Flat 2, Park Hill, Bickley, Bromley BR1 2JH2
£370K06/210.8 mi13, Madison Gardens, Bromley, Greater London BR2 0SJ2
£425K08/250.8 miApartment 4, 143 Farmview Apartments, Hayes Lane, Hayes, Bromley BR2 9EQ2
£455K12/240.81 mi4, Flat 2, Pines Road, Bickley, Bromley BR1 2AA2
£310K07/210.84 mi125a, Southborough Lane, Bromley, Greater London BR2 8AP2
£300K06/210.85 mi3, Kingsleigh Walk, Bromley, Greater London BR2 0YE2
£365K03/250.86 miFlat 3, 83 The Clock House, Tweedy Road, Bromley BR1 1RP2
£440K05/250.86 mi28, Spruce Park, Cumberland Road, Shortlands, Bromley BR2 0EH2
£440K05/250.86 mi28, Spruce Park, Cumberland Road, Shortlands, Bromley BR2 0EH2
£365K05/250.88 miFlat 26, 76 Florida Court, Westmoreland Road, Bromley BR2 0TR2
£365K05/250.88 miFlat 26, 76 Florida Court, Westmoreland Road, Bromley BR2 0TR2

Local Rents

50 rents from £1.6K/mo to £3.5K/mo, average is £1.8K/mo.

Rent
Date
Distance
Address
Beds
 
£1,70004/240.01 miAzzura House, 8 Homesdale Road, Bromley2
£1,75006/250.02 miHomesdale Road, Azzura House, BR22
£1,77502/240.03 mi-2
£1,90007/250.03 miHomesdale Road, Bromley, BR22
£1,85002/250.03 mi-2
£1,90007/250.03 mi-2
£1,70006/250.03 miIconia House, Bromley, BR22
£1,70006/250.03 mi-2
£1,90012/240.03 mi-2
£1,85011/250.03 miHomesdale Road, Bromley, BR22
£1,60006/250.04 mi-2
£1,65006/250.04 miHomesdale Road, Bromley, BR22
£1,65011/250.04 miHomesdale Road, Bromley, BR22
£1,77508/250.04 miIconia House, Bromley, BR22
£1,77503/240.04 mi-2
£1,75002/240.04 mi-2
£1,77509/250.04 mi-2
£1,60011/250.04 miHomesdale Road, Bromley, BR22
£1,80005/250.04 miHomesdale Road, Bromley, BR22
£1,80007/250.04 miHomesdale Road, Bromley, BR22
£1,70008/250.05 mi19-21 Homesdale Road, Bromley, Kent, BR22
£1,85007/250.06 miWells View, Bromley, BR22
£1,75010/250.06 miGainsborough Court, Bromley2
£1,60011/250.06 miGainsborough Court, Bromley, BR22
£1,57503/240.07 miHomesdale Road, Bromley, BR2 9LD2
£1,90010/250.08 miWoldham Place, Bromley2
£1,67508/250.08 miGainsborough Court, Homesdale Road, Bromley2
£1,65011/250.08 miHomesdale Road, Bromley, BR22
£1,65002/240.09 mi-2
£1,72511/250.12 miMasons Hill, Bromley, Kent, BR2 9HW2
£1,89510/250.14 miMasons Hill Bromley BR22
£1,65006/250.14 miMasons Hill, Bromley, BR22
£1,70010/250.14 miMasons Hill, Bromley, BR22
£1,75003/240.16 miGundulph Road, Bromley, BR22
£2,20012/240.17 miDevonshire Square, Bromley, BR22
£1,65004/240.17 miGlanville Road, Bromley, BR2 9LW2
£2,30011/250.17 miBromley Common Bromley BR22
£2,10011/250.17 miBromley Common Bromley BR22
£2,10010/250.17 miBromley Common Bromley BR22
£2,30011/250.17 miBromley Common Bromley BR22
£1,65011/250.17 miNapier Road, Bromley, BR22
£1,85004/240.18 miHavelock Road, Bromley, BR22
£1,70005/250.2 miVincent Close, Bromley, London, BR22
£3,50006/250.2 mi-2
£1,70007/250.21 miMasons Hill, Bromley, Kent, BR22
£1,70007/250.21 miMasons Hill, Bromley, Kent, BR22
£1,70006/250.21 mi-2
£1,65003/240.22 miMasons Hill Bromley BR22
£2,15006/250.22 miSparkes Close, Bromley, Kent, BR22
£1,95008/250.26 mi-2

Local Area Statistics

Population in BR2

44,903

Nearest school

0.20 miles away

Nearest train station

0.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £325,000

December 4, 2024

Listed for £350,000

March 18, 2024

Floor Plans

Property image

Description

  • Two bedroom, two bathroom purpose built flat +
  • Third floor, at rear of this modern block +
  • Offered to the market CHAIN FREE +
  • Open plan living space with dining area +
  • Access to a private balcony, with panaromic views +
  • Kitchen well equipped +

GUIDE PRICE £325,000 - £350,000
This fastidiously maintained and beautifully presented two bedroom two bathroom purpose built flat built by national housebuilder Wimpey Homes is on the third floor at the rear of this modern block and is offered to the market CHAIN FREE. Benefits, open plan living space, with room for dining and boasts access to a private balcony, with panoramic views. The kitchen is well equipped with integrated fridge/freezer, washing machine, dishwasher and oven with ceramic hob. The two double bedrooms are both good sizes with built-in wardrobes and an en suite to the master and there is a good sized separate modern family bathroom. Azzura House is situated conveniently for Bromley town centre with its array of shops, bars, restaurants and leisure facilities, also convenient for Bromley South station with its fast train links into London Victoria. Furthermore there is a lift to all floors, well maintained communal areas, allocated parking space, solar panels and a communal boiler providing heating and hot water. EPC: B
COUNCIL TAX - E

Leasehold - 113 years remaining
Service Charge - £295 per month
Ground Rent - £250 p/a
Construction -
Mains Services -
Heating System -
Broadband -
Mobile coverage -
Restrictive covenants –

Agent Details

Sinclair Hammelton, Bromley

020 3834 7896

Next Steps?

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