2 Bed Flat, Single Let, BR2 9GW, £300,000

Masons Hill, Bromley, BR2 9GW - 2 views - 9 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~65 m²
+10 photos

ValuationUndervalued

Sold Prices£154.6K - £517.5K
Sold Prices/m²£3.4K/m² - £7K/m²

 

 

Square Metres

~64.50 m²
Price/m²£4.7K/m²

Value Estimate

£322,500
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,550 - £2,500

Rent Estimate

£1,552

Running Costs/mo

£1,268

Cashflow/mo

£284

Cashflow/yr

£3,409

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £154.6K to £517.5K, average is £310K. £3.4K/m² to £7K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£335K02/210.01 miFlat 23, Hardwick House, Masons Hill, Bromley, Greater London BR2 9GW2
£310K02/210.21 miFlat 5, Riverside Court, Vincent Close, Bromley, Greater London BR2 9ED2
£300K12/210.26 mi55, Woldham Road, Bromley, Greater London BR2 9LA2
£285K09/210.26 miFlat 27, Gainsborough Court, Homesdale Road, Bromley, Greater London BR2 9NB2
£154.6K06/230.39 mi148, Homesdale Road, Bromley, Greater London BR2 9LH2
£275K11/200.39 mi96, Homesdale Road, Bromley, Greater London BR2 9LH2
£330K07/230.42 mi47c, Ravensbourne Road, Bromley, Greater London BR1 1HW2
£320K01/210.45 mi47, Whitehaven Close, Bromley, Greater London BR2 0YA2
£310K11/220.45 mi12, Whitehaven Close, Bromley, Greater London BR2 0YA2
£295K03/230.45 mi44, Whitehaven Close, Bromley, Greater London BR2 0YA2
£446.5K06/230.47 mi52, Beadon Road, Bromley, Greater London BR2 9AT2
£370K06/210.52 mi13, Madison Gardens, Bromley, Greater London BR2 0SJ2
£305K05/210.52 mi32, Bourne Road, Bromley, Greater London BR2 9NS2
£350K10/210.55 mi9, Field Close, Bromley, Greater London BR1 2SF2
£375K08/230.56 mi12, Field Close, Bromley, Greater London BR1 2SF2
£398.5K01/210.57 mi83, Bromley Common, Bromley, Greater London BR2 9RN2
£301K03/210.57 mi83b, Bromley Common, Bromley, Greater London BR2 9RN2
£310K02/210.59 mi24, Stamford Drive, Bromley, Greater London BR2 0XF2
£282.5K02/210.6 miFlat 153, Lemare Lodge, Fair Acres, Bromley, Greater London BR2 9BS2
£290K09/210.6 miFlat 138, Lemare Lodge, Fair Acres, Bromley, Greater London BR2 9BS2
£330K05/230.6 miFlat 146, Lemare Lodge, Fair Acres, Bromley, Greater London BR2 9BS2
£309K06/210.6 miFlat 6, Britten Lodge, Fair Acres, Bromley, Greater London BR2 9BT2
£295K07/210.6 miFlat 12, Britten Lodge, Fair Acres, Bromley, Greater London BR2 9BT2
£300K06/210.62 mi3, Kingsleigh Walk, Bromley, Greater London BR2 0YE2
£325K07/210.62 mi64, Addison Road, Bromley, Greater London BR2 9RR2
£310K08/230.63 mi13b, Page Heath Villas, Bromley, Greater London BR1 2QN2
£300K08/230.65 miFlat 33, Handel Lodge, Fair Acres, Bromley, Greater London BR2 9BL2
£300K10/210.65 miFlat 121, Elgar Lodge, Fair Acres, Bromley, Greater London BR2 9BP2
£302.5K03/210.66 mi4, Glassmill Lane, Bromley, Greater London BR2 0EJ2
£425K02/230.68 mi134b, Widmore Road, Bromley, Greater London BR1 3BP2
£442.5K02/230.68 mi28a, Durham Avenue, Bromley, Greater London BR2 0QB2
£375K03/210.72 miFlat 1, St James Court, Edison Road, Bromley, Greater London BR2 0EZ2
£235K03/210.75 miFlat 23, Newman Court, North Street, Bromley, Greater London BR1 1BQ2
£310K09/210.75 mi38, Palace Road, Bromley, Greater London BR1 3JT2
£440K03/210.78 miFlat 3, Linda Court, South Hill Road, Bromley, Greater London BR2 0RH2
£517.5K06/230.79 miFlat 1, Linda Court, South Hill Road, Bromley, Greater London BR2 0RH2
£370K12/200.8 mi12, Brenchley Close, Bromley, Greater London BR2 9DR2
£351K01/210.8 miFlat 17, Weymouth House, Hill House Mews, Bromley, Greater London BR2 0DD2
£315K03/210.81 mi12a, Waverley Close, Bromley, Greater London BR2 9SW2
£264K02/210.84 mi7, Dainton Close, Bromley, Greater London BR1 3JA2
£350K04/210.84 mi5, Pump House Close, Bromley, Greater London BR2 0LA2
£423K07/230.84 mi6, Pump House Close, Bromley, Greater London BR2 0LA2
£270K10/210.86 miFlat 16, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£287.5K08/230.86 miFlat 15, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£285K11/200.89 mi150, Blyth Road, Bromley, Greater London BR1 3RT2
£320K08/210.9 mi17, Rushmore Close, Bromley, Greater London BR1 2DJ2
£280K08/210.9 mi37a, Martins Road, Bromley, Greater London BR2 0EE2
£430K11/220.92 mi52a, Valley Road, Bromley, Greater London BR2 0HD2
£350K01/210.93 mi44b, Hammelton Road, Bromley, Greater London BR1 3PY2
£430K06/210.93 mi48a, Valley Road, Bromley, Greater London BR2 0HD2

Local Rents

51 rents from £1.6K/mo to £2.5K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,70004/240.01 miMasons Hill Bromley BR22
£2,24912/240.04 mi-2
£1,95004/240.04 mi22 Axiom Apartments.2
£1,65003/240.04 miExchange Apartments, 41 Sparkes Close, Bromley, BR22
£1,75003/240.05 miAxiom Apartments, 42 Sparkes Close, Bromley, Kent, BR22
£1,90004/240.08 miWheeler Place, Bromley, BR22
£1,95012/240.09 mi-2
£1,98503/240.09 miSparkes Close, Bromley, BR2 9GE2
£1,65003/240.09 miMasons Hill Bromley BR22
£2,50002/250.1 mi-2
£1,56504/240.11 miLangdon Road, Bromley, Kent, BR2 9JS2
£2,20012/240.12 miDevonshire Square, Bromley, BR22
£2,20012/240.12 miDevonshire Square, Bromley, BR22
£1,80003/250.12 mi-2
£1,75003/240.17 miUpper Floor, Pinewood Road, Bromley, BR22
£1,85003/240.18 miSt. Marks Road Bromley BR22
£1,85003/240.18 miSt. Marks Road Bromley BR22
£1,90004/240.18 miSt. Marks Road Bromley BR22
£1,90004/240.18 miSt. Marks Road Bromley BR22
£2,35004/240.18 miSt. Marks Road Bromley BR22
£1,65004/240.18 miGlanville Road, Bromley, BR2 9LW2
£1,90004/240.21 miSandford Road Bromley BR22
£1,55004/240.21 miSandford Road, Bromley, BR22
£1,70004/250.24 mi-2
£1,85002/250.26 mi-2
£1,87505/240.27 mi-2
£2,03504/240.27 miHigh Street, London, BR12
£1,90003/240.27 miBroadway House, 3 High Street, Bromley, Kent, BR12
£1,77503/240.27 mi-2
£1,75002/240.27 mi-2
£1,90012/240.27 mi-2
£1,90003/240.27 miBroadway House, High Street, Bromley BR12
£1,75002/250.28 mi-2
£1,70004/240.28 miAzzura House, 8 Homesdale Road, Bromley2
£1,77502/240.28 mi-2
£1,90003/240.3 miHigh Street Bromley BR12
£1,80003/240.3 miHigh Street Bromley BR12
£1,90004/240.3 miHigh Street Bromley BR12
£1,75004/240.31 miCrosby House, 9 Elmfield Road, Bromley, BR12
£2,50002/250.31 mi-2
£2,10012/240.31 miBrouard Court, St Marks Square, Bromley, BR22
£1,85012/240.31 miSt Marks Square, Bromley South, BR22
£2,10003/250.31 mi-2
£1,85004/240.32 miSt. Marks Square, Bromley, BR22
£1,95002/240.32 mi-2
£2,10003/250.32 mi-2
£1,75003/240.32 miGundulph Road, Bromley, BR22
£1,57503/240.32 miHomesdale Road, Bromley, BR2 9LD2
£1,70004/240.33 mi9-13 Elmfield Road, Bromley, BR12
£1,73304/240.34 miDewey Court, Bromley South, BR22
£2,10004/240.34 miDewey Court, 7 St. Marks Square, Bromley, BR22

Local Area Statistics

Population in BR2

44,903

Nearest school

0.30 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £300,000

September 26, 2024

Listed for £315,000

July 3, 2024

Floor Plans

Description

 A modern two double bedroom, two bathroom apartment, located on the second floor of a stunning apartment block situated in the heart of Bromley South. The accommodation comprises spacious lounge/diner, kitchen with integrated appliances, two double bedrooms, master boasting an en-suite shower room and separate family bathroom. The property also benefits from a sheltered allocated parking space. Hardwick House is conveniently located to Bromley South station, offering fast and frequent services into central London from a variety of your links. Disclaimer
The Consumer Protection from Unfair Trading Regulations (CPRs) necessitate estate and letting agents to provide ‘Material Information’ so that consumers can make informed decisions when they buy or let a property. This material information can be found using the ‘Brochure’ link on this website or on details are provided in good faith by the owner and to the best of their knowledge and do not form part of any offer or contract. You should verify all information by inspection or with your solicitor. Nothing within the material information constitutes a survey or legal advice and we have not tested any services, equipment or facilities. Any successful offer on a sales property may be subject to a Reservation Agreement which is signed to show commitment and to protect both buyer and seller while proceeding to exchange of contracts. Please check the 'Material Information' to see if a reservation agreement is required and for further details of this.

Agent Details

Mark Hart Real Estate, Bromley

020 3907 3522

Next Steps?

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