3 Bed Flat, Single Let, Bromley, BR1 2RS, £350,000





ValuationOvervalued
Sold Prices | £225K - £838K |
Sold Prices/m² | £2.4K/m² - £6.8K/m² |
| |
Square Metres | 62 m² |
Price/m² | £5.6K/m² |
Value Estimate | £260,356 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £87,500 |
Stamp Duty & Legal Fees | £16,700 |
Total Cash In | £104,200 |
| |
Cash Out | |
Rent Range | £1,350 - £3,300 |
Rent Estimate | £1,825 |
Running Costs/mo | £1,479 |
Cashflow/mo | £346 |
Cashflow/yr | £4,155 |
ROI | 4% |
Gross Yield | 6% |
Local Sold Prices
26 sold prices from £225K to £838K, average is £355K. £2.4K/m² to £6.8K/m², average is £4.2K/m².
Local Rents
20 rents from £1.4K/mo to £3.3K/mo, average is £2.2K/mo.
Local Area Statistics
Population in BR1 | 55,931 |
Population in Bromley | 55,947 |
Town centre distance | 0.45 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.44 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +7% |
Sales demand | Balanced market |
Capital growth (5yrs) | +17% |
Property History
Listed for £350,000
August 28, 2024
Sold for £59,000
1999
Sold for £43,000
1995
Floor Plans

Description
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