2 Bed Flat, Single Let, BR7 6LX £365,000

Kemnal Road, Chislehurst, BR7 6LX - 4 views - a year ago

Sold STC

BTL

~74 m²

ValuationUndervalued

Sold Prices	£205K - £860K
Sold Prices/m²	£3.6K/m² - £6.7K/m²

Square Metres	~74.23 m²
Price/m²	£4.9K/m²
Value Estimate	£376,960£376,960
BMV	3%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£91,250£91,250
Stamp Duty & Legal Fees	£27,700£27,700
Total Cash In	£118,950£118,950

Cash Out
Rent Range	£1,400 - £2,300£1,400 - £2,300
Rent Estimate	£1,463
Running Costs/mo	£1,453£1,453
Cashflow/mo	£10£10
Cashflow/yr	£117£117
ROI	0%0%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £205K to £860K, average is £355K. £3.6K/m² to £6.7K/m², average is £4.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£385K	10/24	0.05 mi	Mapledene, 15, Kemnal Road, Chislehurst BR7 6LX	£5,347	72	2	Flat
£355K	03/25	0.05 mi	11, Mapledene, Kemnal Road, Chislehurst BR7 6LX	£4,797	74	2	Flat
£355K	07/25	0.05 mi	23, Mapledene, Kemnal Road, Chislehurst BR7 6LX	-	-	2	Flat
£350K	07/25	0.05 mi	29, Mapledene, Kemnal Road, Chislehurst BR7 6LX	-	-	2	Flat
£355K	03/25	0.05 mi	11, Mapledene, Kemnal Road, Chislehurst BR7 6LX	-	-	2	Flat
£455K	11/24	0.05 mi	Flat 3, Kemnal Warren, Kemnal Road, Chislehurst BR7 6NA	£4,840	94	2	Flat
£455K	11/24	0.05 mi	Kemnal Warren, Flat 3, Kemnal Road, Chislehurst BR7 6NA	£4,840	94	2	Flat
£482K	09/22	0.06 mi	Flat 6, Kemnal Warren, Kemnal Road, Chislehurst, Greater London BR7 6NA	-	-	2	Flat
£487.5K	12/22	0.06 mi	Flat 5, Kemnal Warren, Kemnal Road, Chislehurst, Greater London BR7 6NA	-	-	2	Flat
£420K	01/25	0.1 mi	Inglewood, 16, Kemnal Road, Chislehurst BR7 6NF	£5,915	71	2	Flat
£470K	09/24	0.1 mi	Inglewood, 10, Kemnal Road, Chislehurst BR7 6NF	£5,341	88	2	Flat
£860K	08/21	0.15 mi	Flat 6, Oaklands, Kemnal Road, Chislehurst, Greater London BR7 6LZ	-	-	2	Flat
£300K	09/24	0.5 mi	15, Flat 10, Willow Grove, Chislehurst BR7 5BN	£6,522	46	2	Flat
£420K	01/23	0.51 mi	Flat 18, Maxwell House, Prince Imperial Road, Chislehurst, Greater London BR7 5LX	-	-	2	Flat
£417K	08/21	0.51 mi	Flat 17, Maxwell House, Prince Imperial Road, Chislehurst, Greater London BR7 5LX	-	-	2	Flat
£622.5K	06/23	0.54 mi	Flat 2, Clifton House, Royal Parade, Chislehurst, Greater London BR7 6NW	-	-	2	Flat
£340K	01/23	0.56 mi	135, Slades Drive, Chislehurst, Greater London BR7 6JZ	£5,231	65	2	Flat
£378K	02/25	0.59 mi	3, Arnside, Willow Grove, Chislehurst BR7 5BU	£4,667	81	2	Flat
£378K	02/25	0.59 mi	3, Arnside, Willow Grove, Chislehurst BR7 5BU	-	-	2	Flat
£395.5K	11/24	0.59 mi	Fairfield, Flat 1, Willow Grove, Chislehurst BR7 5BU	£6,379	62	2	Flat
£480K	02/25	0.6 mi	Faulkner House, Flat 17, St Pauls Cray Road, Chislehurst BR7 6FA	£6,316	76	2	Flat
£480K	02/25	0.6 mi	Flat 17, Faulkner House, St Pauls Cray Road, Chislehurst BR7 6FA	-	-	2	Flat
£205K	10/22	0.61 mi	Flat 6, Loraine Court, Red Hill, Chislehurst, Greater London BR7 6SB	-	-	2	Flat
£275K	07/23	0.63 mi	23, Edgehill Road, Chislehurst, Greater London BR7 6LA	£4,283	64	2	Flat
£545K	06/21	0.65 mi	Flat 2, Wilton House, St Pauls Cray Road, Chislehurst, Greater London BR7 6QG	-	-	2	Flat
£430K	09/24	0.65 mi	Wilton House, Flat 5, St Pauls Cray Road, Chislehurst BR7 6QG	£5,244	82	2	Flat
£395K	11/24	0.67 mi	Woodhayes, 17, Willow Grove, Chislehurst BR7 5EX	£6,270	63	2	Flat
£245K	01/23	0.69 mi	17, Tyron Way, Sidcup, Greater London DA14 6AZ	£4,016	61	2	Flat
£280K	01/25	0.7 mi	126, Edgehill Road, Chislehurst BR7 6LB	£4,308	65	2	Flat
£415K	03/25	0.71 mi	85, Victoria Road, Chislehurst BR7 6DE	£5,929	70	2	Flat
£415K	03/25	0.71 mi	85, Victoria Road, Chislehurst BR7 6DE	-	-	2	Flat
£335K	03/25	0.73 mi	Flat 1, Eileen Court, Hillview Road, Chislehurst BR7 6DT	-	-	2	Flat
£335K	03/25	0.73 mi	Flat 1, Eileen Court, Hillview Road, Chislehurst BR7 6DT	£6,700	50	2	Flat
£245K	06/21	0.73 mi	43, Heron Crescent, Sidcup, Greater London DA14 6RT	£3,603	68	2	Flat
£291K	12/24	0.74 mi	46a, Sydney Road, Sidcup DA14 6RB	£5,196	56	2	Flat
£320K	08/25	0.74 mi	Flat 8, Eileen Court, Hillview Road, Chislehurst BR7 6DT	-	-	2	Flat
£275K	01/23	0.74 mi	41, Langdon Shaw, Sidcup, Greater London DA14 6AX	£4,404	62	2	Flat
£351K	10/22	0.77 mi	Flat 9, Patricia Court, Manor Park Road, Chislehurst, Greater London BR7 5QB	-	-	2	Flat
£315K	08/25	0.77 mi	25, Woodchurch Close, Sidcup DA14 6QH	-	-	2	Flat
£625K	11/22	0.78 mi	Flat 7, Holbrook House, St Pauls Cray Road, Chislehurst, Greater London BR7 6QE	-	-	2	Flat
£325K	05/25	0.83 mi	27, 192 Linden Court, Main Road, Sidcup DA14 6RU	£4,392	74	2	Flat
£325K	05/25	0.83 mi	27, 192 Linden Court, Main Road, Sidcup DA14 6RU	-	-	2	Flat
£320K	01/25	0.83 mi	5, Blenheim Court, Sidcup DA14 6QQ	£4,103	78	2	Flat
£285K	03/25	0.83 mi	Flat 2, 297, Main Road, Sidcup DA14 6QL	£4,597	62	2	Flat
£312.5K	05/21	0.83 mi	213, Main Road, Sidcup, Greater London DA14 6RJ	£4,795	65	2	Flat
£325K	11/24	0.83 mi	293 295, Flat 6, Main Road, Sidcup DA14 6QL	£4,221	77	2	Flat
£365K	02/23	0.83 mi	193, Main Road, Sidcup, Greater London DA14 6RJ	£5,615	65	2	Flat
£308K	01/25	0.84 mi	71, Crockham Way, London, Greater London SE9 3HD	£4,529	68	2	Flat
£246K	05/21	0.84 mi	73, Crockham Way, London, Greater London SE9 3HD	£3,844	64	2	Flat
£315K	07/24	0.84 mi	45, Crockham Way, London SE9 3HD	£5,164	61	2	Flat

Local Rents

33 rents from £1.4K/mo to £2.3K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,650	04/24	0.05 mi	Kemnal Road, Chislehurst, Kent, BR7	2	Flat
£1,650	04/24	0.05 mi	Kemnal Road Chislehurst BR7	2	Flat
£1,500	06/25	0.05 mi	Kemnal Road, Chislehurst, BR7	2	Flat
£1,850	11/25	0.06 mi	Kemnal Road Chislehurst BR7	2	Flat
£1,700	07/25	0.1 mi	Kemnal Road, Chislehurst	2	Flat
£2,000	04/24	0.3 mi	Home Farm, Kemnal Road, Chislehurst, Kent, BR7	2	Terraced House
£1,780	04/24	0.3 mi	Polo Mews, Kemnal Road, Chislehurst, Kent, BR7	2	Flat
£2,000	04/24	0.31 mi	Home Farm, Kemnal Road, Chislehurst, Kent, BR7	2	Flat
£1,650	09/25	0.32 mi	Park Road, Chislehurst, BR7	2	House
£2,300	10/25	0.34 mi	Adelaide Road, Chislehurst, BR7	2	Terraced House
£1,600	04/24	0.36 mi	Home Farm, Kemnal Road, Chislehurst, Kent, BR7	2	Flat
£1,550	03/24	0.4 mi	Park Road, Chislehurst	2	Flat
£1,450	12/24	0.4 mi	-	2	Flat
£1,950	10/25	0.4 mi	-	2	Bungalow
£1,475	11/25	0.41 mi	High Street, Chislehurst, BR7	2	Flat
£1,900	12/24	0.42 mi	-	2	Bungalow
£1,850	08/25	0.42 mi	Adelaide Road, Chislehurst	2	Terraced House
£1,850	10/25	0.42 mi	Adelaide Road, Chislehurst	2	Terraced House
£1,400	03/24	0.46 mi	High Street, Chislehurst	2	Flat
£1,850	10/25	0.47 mi	Nursery Gardens, Chislehurst, BR7	2	Terraced House
£1,600	11/25	0.47 mi	Manor Park Road, Chislehurst, BR7	2	Flat
£1,800	08/25	0.51 mi	Maxwell House, Chislehurst	2	Flat
£1,800	11/25	0.51 mi	Maxwell House, Chislehurst	2	Flat
£1,750	10/23	0.51 mi	Sunnyways, Prince Imperial Road, Chislehurst, Kent, BR7	2	Flat
£1,600	03/24	0.53 mi	High Street, Chislehurst, Kent, BR7	2	Flat
£1,650	10/25	0.56 mi	Willow Grove, Chislehurst, BR7	2	Flat
£1,600	07/25	0.56 mi	Perry Street Gardens Chislehurst BR7	2	Flat
£1,500	03/24	0.57 mi	-	2	Flat
£1,700	02/25	0.57 mi	-	2	Flat
£1,500	03/24	0.57 mi	Perry Street Gardens, Chislehurs, BR7	2	Flat
£1,600	12/24	0.6 mi	-	2	Flat
£1,400	03/24	0.6 mi	-	2	Flat
£1,800	03/25	0.6 mi	-	2	Flat

Local Area Statistics

Population in BR7	17,32217,322
Nearest school	0.20 miles away0.20 miles away
Nearest train station	1.27 miles away1.27 miles away

Rental demand	Landlord's marketLandlord's market
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+25%+25%

Property History

Listed for £365,000

October 2, 2024

Floor Plans

Description

GUIDE PRICE £365,000 - £375,000

This bright and spacious two double bedroom, south westerly facing, first floor apartment, is located in one of Chislehurst's finest roads.

The apartment is situated within a gated development and is surrounded by communal grounds.

The accommodation comprises, hallway with built in storage, good size lounge/dining room which is flooded with natural light and boasts doors onto a balcony, perfect for those summer evenings, especially with the apartment being south west facing. There is a fully equipped kitchen, two double bedrooms and a family bathroom. Externally there are secluded communal gardens, residents parking and garage en bloc.

Kemnal Road is perfectly located for both Royal Parade and the High Street, hosting a selection of cafes, restaurants, boutique shops and you can also enjoy the open spaces and woodlands walks which are on your doorstep.

The property is being offered with a share of the freehold and no onward chain.

.Local Authority: Bromley
Council Tax Band: D

Agent Details

Alan de Maid, Chislehurst

020 3835 5398

Next Steps?

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

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