3 Bed Flat, Single Let, Bromley, BR1 4LN, £295,000

BEVERLEY HOUSE Brangbourne Road, Bromley, Greater London, BR1 4LN - 22 views - 10 months ago

Under Offer
Leasehold
BTL
ROI: 8%
74 m²
+11 photos

ValuationUndervalued

Sold Prices£280K - £800K
Sold Prices/m²£3.3K/m² - £8.1K/m²

 

 

Square Metres

74.21 m²
Price/m²£4K/m²

Value Estimate

£356,950
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£73,750

Stamp Duty & Legal Fees

£12,300

Total Cash In

£86,050

 

 

Cash Out

 

Rent Range

£1,700 - £3,000

Rent Estimate

£1,900

Running Costs/mo

£1,322

Cashflow/mo

£578

Cashflow/yr

£6,938

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £280K to £800K, average is £442.5K. £3.3K/m² to £8.1K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£302K08/230.02 miFlat 15, Wandle House, Brangbourne Road, Bromley, Greater London BR1 4LY3
£302.5K11/210.71 miFlat 98, Passfields, Bromley Road, London, Greater London SE6 2RF3
£572.5K02/230.81 miFlat 4, Park View House, Westgate Road, Beckenham, Greater London BR3 5DF3
£280K12/200.82 mi16, Hackington Crescent, Beckenham, Greater London BR3 1RZ3
£315K04/230.96 mi1, Elfrida Crescent, London, Greater London SE6 3EP3
£625K06/210.99 miFlat 5, Foxgrove House, Foxgrove Road, Beckenham, Greater London BR3 5AR3
£710K06/211.04 miFlat 1, Gallery House, Copers Cope Road, Beckenham, Greater London BR3 1DQ3
£340K12/201.05 mi38, Saxon Road, Bromley, Greater London BR1 3RP3
£383K12/231.08 mi53b, Thornsbeach Road, London, Greater London SE6 1DZ3
£300K08/211.13 mi8, Weston Grove, Bromley, Greater London BR1 3RJ3
£340K11/211.16 miFlat 3, Laurel House, Bromley Road, Shortlands, Bromley, Greater London BR2 0AH3
£525K04/211.21 mi196, Inchmery Road, London, Greater London SE6 1DF3
£550K02/231.21 miFlat 1, Wonham Court, The Knoll, Beckenham, Greater London BR3 5JR3
£360K06/231.25 mi26b, London Road, Bromley, Greater London BR1 3QR3
£350K09/231.29 mi60, Blyth Road, Bromley, Greater London BR1 3RU3
£314K09/231.33 mi58a, Martins Road, Bromley, Greater London BR2 0EF3
£325K12/221.34 mi56a, Martins Road, Bromley, Greater London BR2 0EF3
£375K01/231.36 mi2, College Road, Bromley, Greater London BR1 3NS3
£445K05/211.37 mi58, Shorndean Street, London, Greater London SE6 2ES3
£440K01/211.37 mi48, Shorndean Street, London, Greater London SE6 2ES3
£450K07/231.38 miFlat 3, Weymouth House, Hill House Mews, Bromley, Greater London BR2 0DD3
£470K11/211.4 mi136, Sangley Road, London, Greater London SE6 2JP3
£385K01/211.47 mi154a, Brownhill Road, London, Greater London SE6 2DJ3
£317.5K02/211.5 mi8, Polecroft Lane, London, Greater London SE6 4EF3
£280K06/211.5 mi48, Polecroft Lane, London, Greater London SE6 4EF3
£305K06/211.5 mi26, Polecroft Lane, London, Greater London SE6 4EF3
£315K03/211.52 mi8a, Somertrees Avenue, London, Greater London SE12 0BX3
£400K05/211.54 mi10, Rectory Green, Beckenham, Greater London BR3 4HX3
£527.5K09/211.56 mi11, Beckett Walk, Beckenham, Greater London BR3 1JH3
£670K02/231.56 mi67, The Woodlands, Hither Green, London, Greater London SE13 6TZ3
£455K02/211.6 mi90a, The Woodlands, London, Greater London SE13 6TX3
£660K12/201.62 mi3a, Woolstone Road, London, Greater London SE23 2TR3
£800K09/211.65 miFlat 6, Aaron Court, Kelsey Park Avenue, Beckenham, Greater London BR3 6UN3
£766.3K02/211.65 miFlat 3, Aaron Court, Kelsey Park Avenue, Beckenham, Greater London BR3 6UN3
£465K04/211.7 mi5a, Niederwald Road, London, Greater London SE26 4AD3
£465K03/231.71 mi90a, Elsinore Road, London, Greater London SE23 2SN3
£475K10/201.75 mi41a, Rosenthal Road, London, Greater London SE6 2BX3
£525K06/231.78 mi144, Kilmorie Road, London, Greater London SE23 2SR3
£375K06/211.78 miFlat 63, Kingswood Court, Hither Green Lane, London, Greater London SE13 6TD3
£495K04/211.81 mi24a, Davenport Road, London, Greater London SE6 2AZ3
£432.5K06/211.81 mi22b, Davenport Road, London, Greater London SE6 2AZ3
£520K12/221.81 mi26a, Davenport Road, Catford, London, Greater London SE6 2AZ3
£500K04/211.83 miFirst Floor Flat, 18, Hurstbourne Road, London, Greater London SE23 2AB3
£357.5K06/211.84 mi63, Kimbolton Close, London, Greater London SE12 0JH3
£315K03/211.86 mi102, Grove Park Road, Mottingham, London, Greater London SE9 4QB3
£520K02/211.86 miGround Floor Flat, 78, Ravensbourne Park, London, Greater London SE6 4XZ3
£382.5K02/211.87 miFlat 2, Stanyhurst, Stanstead Road, Forest Hill, London, Greater London SE23 1JA3
£530K03/231.88 mi25, Theodore Road, London, Greater London SE13 6HT3
£510K12/201.88 mi9b, Aylward Road, London, Greater London SE23 2JE3
£470K01/211.89 mi115a, Radford Road, London, Greater London SE13 6SA3

Local Rents

41 rents from £1.7K/mo to £3K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,25003/240.07 miBromley, BR13
£2,25004/240.07 miBromley, BR13
£2,25004/240.07 miBromley, BR13
£2,00003/240.14 miBromley, BR13
£2,00003/240.14 miBromley, BR13
£2,15004/240.14 miBromley, BR13
£2,15004/240.14 miBromley, BR13
£2,15004/240.14 miBromley, BR13
£2,15004/240.14 miBromley, BR13
£2,15004/240.14 miBromley, BR13
£2,15004/240.14 miBromley, BR13
£2,10003/240.18 mi-3
£2,20002/250.18 mi-3
£1,70003/240.25 miOldstead Road, Bromley, BR13
£2,20003/240.35 miWinlaton Road, BROMLEY3
£2,20003/240.35 miWinlaton Road, BROMLEY3
£2,00003/240.37 miThe Acorns, Ambleside, Bromley, Kent, BR13
£3,00003/250.4 mi-3
£2,40002/240.4 mi-3
£2,40002/250.4 mi-3
£2,00001/250.42 mi-3
£2,50008/240.43 mi-3
£2,10008/240.43 miDunfield Road, London, SE63
£2,00012/240.43 mi-3
£2,35002/250.43 mi-3
£2,30003/250.44 mi-3
£2,20003/250.44 mi-3
£1,90012/240.46 mi-3
£1,85012/240.46 mi-3
£2,20012/240.48 mi-3
£2,20012/240.48 mi-3
£2,20003/250.5 mi-3
£2,35012/240.52 mi-3
£2,20008/240.54 miArkindale road, Catford SE63
£2,20008/240.54 miArkindale Road, SE63
£2,20008/240.54 miArkindale Road, London, SE63
£2,20003/240.54 miHillbrow Road, Bromley, BR13
£2,10012/240.57 mi-3
£2,25008/240.57 miWaterbank Road, London, SE63
£2,15008/240.59 miSouthend Lane, London, SE63
£2,30004/250.62 mi-3

Local Area Statistics

Population in BR1

55,931

Population in Bromley

55,947

Town centre distance

2.10 miles away

Nearest school

0.30 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £295,000

June 8, 2024

Sold for £172,500

2013

Floor Plans

Description

  • 3 BEDROOMS +
  • DOWNHAM HIGH STREET WITHIN WALKING DISTANCE +
  • BECKENHAM HILL STATION WITHIN WALKING DISTANCE +
  • BALCONY +
  • SPACIOUS THROUGHOUT +
  • OFF ROAD PARKING +
  • MODERN KITCHEN +
  • 2ND FLOOR FLAT +
  • 90 YEARS REMAINING ON LEASE +
  • SERVICE CHARGE £1600 +

*CHAIN FREE*

Welcome to this stunning 3-bedroom flat located in the heart of Bromley, just a short stroll from Downham High Street. This property offers unparalleled convenience with Beckenham Hill Station within walking distance, providing easy commutes to London Blackfriars and beyond. The flat boasts three spacious bedrooms, perfect for a growing family or those in need of extra space. A modern kitchen equipped with the latest appliances ensures a delightful cooking experience. The living area opens onto a charming balcony, offering a peaceful retreat for morning coffees or evening relaxation. Each bedroom is generously sized, filled with natural light, and designed with comfort in mind. With frequent buses on Downham High Street, you have easy access to Bromley, Beckenham, Orpington, and Grove Park enhancing the convenience of this location. This flat is an ideal family home, combining modern living with excellent transport links. The vibrant local area offers a range of shops, cafes, and amenities, making everyday living a breeze. Don't miss the opportunity to make this beautiful flat your new home.

90 Years remaining on the lease Service charge - £1600 annually Ground rent - £10 EPC-C IMPORTANT NOTE TO PURCHASERS:

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Agent Details

Capital Estate Agents, Bromley

020 3907 9906

Next Steps?

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