2 Bed Flat, Single Let, Bromley, BR1 4AA, £450,000

Highland Road, Bromley, Kent, BR1 4AA - 9 months ago

Leasehold
BTL
~119 m²
+6 photos

ValuationUndervalued

Sold Prices£180K - £485K
Sold Prices/m²£3.5K/m² - £10.4K/m²

 

 

Square Metres

~119 m²
Price/m²£3.8K/m²

Value Estimate

£562,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£33,700

Total Cash In

£146,200

 

 

Cash Out

 

Rent Range

£1,490 - £3,000

Rent Estimate

£1,500

Running Costs/mo

£1,726

Cashflow/mo

£-226

Cashflow/yr

£-2,715

Gross Yield

4%

Local Sold Prices

49 sold prices from £180K to £485K, average is £335K. £3.5K/m² to £10.4K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£350K07/230.05 miFlat 4, Cawston Court, Highland Road, Bromley, Greater London BR1 4AF2
£265K03/210.05 miFlat 4, Cawston Court, Highland Road, Bromley, Greater London BR1 4AF2
£265K04/210.1 mi33, Weston Grove, Bromley, Greater London BR1 3RJ2
£310K06/210.11 mi31, Weston Road, Bromley, Greater London BR1 3RH2
£335K03/210.11 mi54, Hope Park, Bromley, Greater London BR1 3RQ2
£238K11/200.13 mi91, Hope Park, Bromley, Greater London BR1 3RG2
£297.5K03/210.14 miFlat 9, Karen Court, Blyth Road, Bromley, Greater London BR1 3RZ2
£300K05/210.14 miFlat 10, Karen Court, Blyth Road, Bromley, Greater London BR1 3RZ2
£223K04/230.18 mi85, Howard Road, Bromley, Greater London BR1 3QQ2
£355K12/200.19 mi38d, Madeira Avenue, Bromley, Greater London BR1 4AY2
£325.3K03/230.19 mi98a, London Road, Bromley, Greater London BR1 3RL2
£375K11/200.21 mi16a, Hammelton Road, Bromley, Greater London BR1 3PY2
£350K01/210.22 mi44b, Hammelton Road, Bromley, Greater London BR1 3PY2
£340K04/210.22 mi44b, Morgan Road, Bromley, Greater London BR1 3QF2
£325K11/200.22 mi78a, Morgan Road, Bromley, Greater London BR1 3QF2
£285K03/210.24 mi14, Madeira Avenue, Bromley, Greater London BR1 4AZ2
£285K11/200.29 mi150, Blyth Road, Bromley, Greater London BR1 3RT2
£357K11/200.32 miThe First And Second Floor Flat, 108, College Road, Bromley, Greater London BR1 3PF2
£357K11/200.33 miThe First And Second Floor Flat, 108, College Road, Bromley, Greater London BR1 3PF2
£351K01/210.36 miFlat 17, Weymouth House, Hill House Mews, Bromley, Greater London BR2 0DD2
£270K10/210.36 miFlat 16, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£287.5K08/230.36 miFlat 15, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£335K08/210.36 mi4a, Shortlands Gardens, Bromley, Greater London BR2 0EA2
£435K06/210.41 mi27a, Meadow Road, Bromley, Greater London BR2 0DX2
£375K03/210.41 miFlat 1, St James Court, Edison Road, Bromley, Greater London BR2 0EZ2
£235K03/210.41 miFlat 23, Newman Court, North Street, Bromley, Greater London BR1 1BQ2
£330K12/200.42 mi24b, Cambridge Road, Bromley, Greater London BR1 4EA2
£365K03/230.48 mi29a, Lansdowne Road, Bromley, Greater London BR1 3PG2
£280K08/210.48 mi37a, Martins Road, Bromley, Greater London BR2 0EE2
£360K11/200.49 mi166, Farnaby Road, Bromley, Greater London BR2 0BB2
£302.5K03/210.55 mi4, Glassmill Lane, Bromley, Greater London BR2 0EJ2
£310K09/210.57 mi38, Palace Road, Bromley, Greater London BR1 3JT2
£350K04/210.6 mi5, Pump House Close, Bromley, Greater London BR2 0LA2
£423K07/230.6 mi6, Pump House Close, Bromley, Greater London BR2 0LA2
£430K06/210.6 mi48a, Valley Road, Bromley, Greater London BR2 0HD2
£430K11/220.61 mi52a, Valley Road, Bromley, Greater London BR2 0HD2
£395K06/210.65 mi15, Hildenlea Place, Bromley, Greater London BR2 0YH2
£180K08/230.66 mi7, Brook Lane, Bromley, Greater London BR1 4PU2
£350K12/200.66 mi24, Cadogan Close, Beckenham, Greater London BR3 5XY2
£375K05/230.72 mi5, West Oak, Beckenham, Greater London BR3 5EZ2
£264K02/210.75 mi7, Dainton Close, Bromley, Greater London BR1 3JA2
£400K06/230.77 miFlat 1, Cranley Court, Beckenham Grove, Bromley, Greater London BR2 0JZ2
£330K07/230.78 mi47c, Ravensbourne Road, Bromley, Greater London BR1 1HW2
£485K03/210.78 mi7b, Church Road, Shortlands, Bromley, Greater London BR2 0HP2
£286K03/230.81 miFlat 17, Sundridge House, Burnt Ash Lane, Bromley, Greater London BR1 5AE2
£370K06/210.87 mi13, Madison Gardens, Bromley, Greater London BR2 0SJ2
£275K03/230.89 mi277, Downham Way, Bromley, Greater London BR1 5EN2
£427.5K02/230.93 mi12, Foxes Dale, Bromley, Greater London BR2 0JS2
£320K10/210.95 mi212, Southover, Bromley, Greater London BR1 4SE2

Local Rents

50 rents from £1.5K/mo to £3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,70003/240.06 miHighland Road, Bromley, BR12
£1,57503/240.08 mi-2
£1,50003/240.08 mi-2
£1,50003/240.08 miMavery Court, Bromley, BR12
£1,70001/250.09 mi-2
£1,70002/250.09 mi-2
£1,80004/250.11 mi-2
£1,50003/240.11 miWeston Grove, Bromley, BR12
£2,65003/250.11 mi-2
£1,70002/250.12 mi-2
£1,95004/240.13 mi4 Blyth Road, Bromley, Kent, BR12
£1,95003/240.13 miBlyth Road Bromley BR12
£1,65003/240.13 miMooreland Road Bromley BR12
£3,00002/250.13 mi-2
£1,95003/240.14 miBlyth Road, Bromley, BR12
£1,65012/240.15 mi-2
£1,80002/250.16 mi-2
£1,80003/250.19 mi-2
£1,70003/240.21 miScotts Road, Bromley, BR12
£1,89503/250.21 mi-2
£1,70004/240.21 miHammelton Road, Bromley, BR12
£1,60001/250.22 mi-2
£1,85003/240.22 miScotts Road, Bromley, BR12
£1,60012/240.22 mi-2
£1,70003/240.23 miPalisade Court, 14 Oaklands Road, BROMLEY, BR12
£1,79503/250.25 mi-2
£2,00002/240.26 mi-2
£1,60003/240.28 miCollege Road, Bromley, BR12
£1,65003/240.28 miLondon Lane, Bromley, BR12
£1,85004/250.28 mi-2
£1,50004/250.29 mi-2
£1,60003/240.3 miFairfield Road, Bromley, BR12
£1,70004/240.3 miFarnaby Road, Bromley, BR12
£1,80003/240.32 miCollege Road, Sundridge Park, Bromley, BR12
£2,30003/250.34 mi-2
£1,75003/240.35 miBeckenham Lane, Bromley, BR22
£1,75004/240.35 miBeckenham Lane, Shortlands, Bromley, BR22
£1,70004/240.36 miWeymouth House, Bromley, BR22
£1,65004/240.36 mi-2
£1,65003/240.36 miCedarhurst, Bromley, BR12
£1,50003/240.38 miShortlands Gardens, Shortlands, Bromley, BR22
£1,60003/250.39 mi-2
£1,75004/240.39 miMeadow Road, Bromley, BR22
£1,49012/240.39 mi-2
£1,49004/240.39 miBabbacombe Road, Bromley, BR12
£1,50004/240.41 miNorth Street, Bromley, BR12
£1,75003/240.41 miMeadow Road, Bromley, BR22
£1,80004/240.42 miRecreation Road Bromley BR22
£1,50004/240.43 miPark Avenue, Bromley, BR12
£1,69504/250.45 mi-2

Local Area Statistics

Population in BR1

55,931

Population in Bromley

55,947

Town centre distance

1.05 miles away

Nearest school

0.30 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £450,000

January 19, 2025

Price changed to £425,000

January 7, 2025

Listed for £450,000

July 2, 2024

Floor Plans

Description

  • Walk in closets +
  • Two parking spaces +
  • Secured entry system +
  • Media system built in +
  • Duplex +
  • Two double bedrooms +
  • Dial Ext 123 to reach your agent +

Stunning 2-Bedroom Duplex Penthouse in Bromley.

Discover the world of modern living in this HUGE circa 1285 sq ft duplex penthouse, located in the heart of Bromley, a vibrant and sought-after London borough. This spacious two-bedroom (with walk in closets), two-bathroom apartment with two parking spaces is a must see

Property Highlights:

· Prime Location: Situated close to Bromley Town Centre, you’ll have easy access to an array of shops, restaurants, and entertainment options. Excellent transport links with Shortlands and Bromley stations nearby ensure a seamless commute to Central London and beyond.

· Secure and Convenient: The building features a secure gated entry for your peace of mind and comes with two dedicated parking spaces, a rare and valuable asset in this bustling area.

· Luxurious Living Space: The expansive living area is designed for comfort and entertainment, boasting a state-of-the-art built-in entertainment system. Perfect for hosting gatherings or enjoying a quiet night in.

· Modern Kitchen: The sleek, modern kitchen is equipped with top-of-the-line appliances providing both functionality and elegance. Whether you’re a culinary enthusiast or enjoy simple meals, this kitchen caters to all your needs.

· Spacious Bedrooms: Both bedrooms are generously sized, offering tranquillity and privacy. The master bedroom bathroom offers a his and hers sinks, offering a touch of luxury.

· Stylish Bathrooms: Enjoy the convenience of two well-appointed bathrooms, designed with contemporary fixtures and finishes for a spa-like experience at home.

· Energy Efficiency: This apartment is designed with energy efficiency in mind, ensuring lower utility bills and a reduced environmental footprint.

The proximity to Bromley High Street and numerous local amenities makes it a highly desirable place to call home.

Don’t miss this opportunity to own a slice of luxury in Bromley. Contact us today to schedule a viewing and experience this exceptional duplex penthouse for yourself.

Secure gated parking for two cars

Dial ext 123 to reach your agent direct

Leasehold Information

Number of years remaining on the lease: 111 years

Current ground rent and any review period:
- £100 per year
Current service charge and any review period:
- £1,500 per year
Council tax band: D

Agent Details

Keller Williams Advantage, Covering South East

020 3835 6417

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪