2 Bed Flat, Single Let, BR2 0RA £600,000

1 South Hill Road, Bromley, Greater London, BR2 0RA - a year ago
Sold STC
Leasehold
BTL
~142 m²
Property image

ValuationUndervalued

Sold Prices£112.5K - £535K
Sold Prices/m²£1.8K/m² - £7K/m²

 

 

Square Metres

~142 m²
Price/m²£4.2K/m²

Value Estimate

£728,063
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£51,200

Total Cash In

£201,200

 

 

Cash Out

 

Rent Range

£1,350 - £2,000

Rent Estimate

£1,413

Running Costs/mo

£2,178

Cashflow/mo

£-765

Cashflow/yr

£-9,175

Gross Yield

3%

Local Sold Prices

50 sold prices from £112.5K to £535K, average is £367.5K. £1.8K/m² to £7K/m², average is £5.1K/m².

Price
Date
Distance
Address
Beds
 
£517.5K06/230.07 miFlat 1, Linda Court, South Hill Road, Bromley, Greater London BR2 0RH2
£365K05/250.17 miFlat 26, 76 Florida Court, Westmoreland Road, Bromley BR2 0TR2
£365K05/250.17 miFlat 26, 76 Florida Court, Westmoreland Road, Bromley BR2 0TR2
£420K03/250.17 miFlat 21, 76 Florida Court, Westmoreland Road, Bromley BR2 0TR2
£300K06/210.18 mi3, Kingsleigh Walk, Bromley, Greater London BR2 0YE2
£442.5K02/230.22 mi28a, Durham Avenue, Bromley, Greater London BR2 0QB2
£440K05/250.26 mi28, Spruce Park, Cumberland Road, Shortlands, Bromley BR2 0EH2
£440K05/250.26 mi28, Spruce Park, Cumberland Road, Shortlands, Bromley BR2 0EH2
£310K11/220.35 mi12, Whitehaven Close, Bromley, Greater London BR2 0YA2
£295K03/230.35 mi44, Whitehaven Close, Bromley, Greater London BR2 0YA2
£370K06/210.42 mi13, Madison Gardens, Bromley, Greater London BR2 0SJ2
£446.5K06/230.44 mi52, Beadon Road, Bromley, Greater London BR2 9AT2
£300K08/230.55 miFlat 33, Handel Lodge, Fair Acres, Bromley, Greater London BR2 9BL2
£309K06/210.55 miFlat 6, Britten Lodge, Fair Acres, Bromley, Greater London BR2 9BT2
£295K07/210.55 miFlat 12, Britten Lodge, Fair Acres, Bromley, Greater London BR2 9BT2
£290K09/210.56 miFlat 138, Lemare Lodge, Fair Acres, Bromley, Greater London BR2 9BS2
£330K05/230.56 miFlat 146, Lemare Lodge, Fair Acres, Bromley, Greater London BR2 9BS2
£312.5K03/250.57 miFlat 54, Vaughan Lodge, Fair Acres, Bromley BR2 9BN2
£360K02/250.57 mi18 Hazelwood House, Flat 28, Church Road, Shortlands, Bromley BR2 0HE2
£400K03/250.59 miApartment 7, 7 Dewey Court, St Mark's Square, Bromley BR2 9UZ2
£300K10/210.6 miFlat 121, Elgar Lodge, Fair Acres, Bromley, Greater London BR2 9BP2
£330K07/230.61 mi47c, Ravensbourne Road, Bromley, Greater London BR1 1HW2
£359K03/250.63 miFlat 3, 5 Fitzroy Hall, Shortlands Grove, Shortlands, Bromley BR2 0LS2
£423K07/230.64 mi6, Pump House Close, Bromley, Greater London BR2 0LA2
£427.5K02/230.66 mi12, Foxes Dale, Bromley, Greater London BR2 0JS2
£430K11/220.66 mi52a, Valley Road, Bromley, Greater London BR2 0HD2
£430K06/210.66 mi48a, Valley Road, Bromley, Greater London BR2 0HD2
£465K07/250.68 miFlat 1, 4 Caton Court, Beckenham Grove, Shortlands, Bromley BR2 0JU2
£385K04/250.68 mi18, Mill Vale, Bromley BR2 0EW2
£385K04/250.68 mi18, Mill Vale, Bromley BR2 0EW2
£535K01/250.69 mi78, Flat 2, Scotts Lane, Shortlands, Bromley BR2 0LX2
£350K06/250.7 miFlat 41, 9 Westpoint, Shortlands Grove, Shortlands, Bromley BR2 0ND2
£350K06/250.7 miFlat 41, 9 Westpoint, Shortlands Grove, Shortlands, Bromley BR2 0ND2
£330K12/240.7 mi5, Ethelbert Close, Bromley BR1 1JB2
£400K12/240.7 mi1 Luca Court, Flat 6, Mays Hill Road, Shortlands, Bromley BR2 0AP2
£280K08/210.76 mi37a, Martins Road, Bromley, Greater London BR2 0EE2
£375K03/250.76 miFlat 5, 16 Arundel Court, Beckenham Grove, Shortlands, Bromley BR2 0XN2
£412.5K03/250.77 mi12a, 42 Axiom Apartments, Sparkes Close, Bromley BR2 9BU2
£353K03/250.78 mi26c, Bromley Grove, Shortlands, Bromley BR2 0LN2
£378K05/250.79 miFlat 5, 9 Squirrels Drey, Park Hill Road, Shortlands, Bromley BR2 0JX2
£378K05/250.79 miFlat 5, 9 Squirrels Drey, Park Hill Road, Shortlands, Bromley BR2 0JX2
£335K08/250.79 miFlat 7, Curzon Court, Beckenham Grove, Shortlands, Bromley BR2 0JY2
£365K01/250.8 mi28c, Langdon Road, Bromley BR2 9JS2
£425K08/250.8 miApartment 4, 143 Farmview Apartments, Hayes Lane, Hayes, Bromley BR2 9EQ2
£395K06/210.8 mi15, Hildenlea Place, Bromley, Greater London BR2 0YH2
£112.5K12/240.82 miHardwick House, Flat 57, Masons Hill, Bromley BR2 9GW2
£400K06/230.84 miFlat 1, Cranley Court, Beckenham Grove, Bromley, Greater London BR2 0JZ2
£290K04/250.86 miFlat 6, 5 Glebe Knoll, Beckenham Lane, Bromley BR2 0DA2
£450K03/250.86 miFlat 1, 5 Glebe Knoll, Beckenham Lane, Bromley BR2 0DA2
£290K04/250.86 miFlat 6, 5 Glebe Knoll, Beckenham Lane, Bromley BR2 0DA2

Local Rents

50 rents from £1.4K/mo to £2K/mo, average is £1.6K/mo.

Rent
Date
Distance
Address
Beds
 
£1,80003/240.04 miSouth Hill Road Bromley BR22
£1,80004/240.04 miSouth Hill Road Bromley BR22
£1,80009/250.04 miWoodview, South Hill Road, Bromley, BR22
£1,60011/250.08 miWhitley Court, Westmoreland Road, BR22
£1,45007/250.11 miBranscombe Court, 109 Westmoreland Road, Bromley, Kent, BR22
£1,90006/250.11 miDurham Avenue Bromley BR22
£1,70006/250.14 miWestmoreland Road, Bromley, Kent, BR22
£1,60004/240.17 miBodiam Court, Westmoreland Road, Bromley, BR22
£1,60011/250.17 miBranscombe Court, Westmoreland Road, Bromley2
£1,61011/250.19 miKingsleigh Walk, Bromley, BR22
£1,61011/250.19 mi-2
£1,70004/240.2 miWestmoreland Road, Bromley, BR22
£1,70007/250.2 miStamford Drive, BR22
£1,70006/250.2 miWestmoreland Road, Bromley, BR22
£1,65012/240.21 miWestmoreland Road Bromley BR22
£1,65006/250.21 miWestmoreland Road, Bromley, BR22
£1,65004/240.21 mi-2
£1,65003/240.21 miWestmoreland Road, Bromley, BR22
£1,65004/240.21 miWestmoreland Road, Bromley, BR22
£1,65011/250.21 mi72 Westmoreland Road, Bromley, BR22
£1,70010/250.22 mi-2
£1,60010/240.22 mi-2
£1,75009/250.22 mi-2
£1,70006/250.23 miWestmoreland Road, Bromley, BR22
£1,85005/250.24 mi26 Durham Avenue, Bromley, BR22
£1,75010/250.26 mi-2
£2,00003/240.26 mi39 Spruce Park, Cumberland Road, Bromley, Kent BR2 0EH2
£1,70003/240.26 miCumberland Road, Bromley, BR22
£1,85006/250.26 miCumberland Road, Bromley, BR22
£1,50010/250.26 miHayes lane, Beckenham, BR32
£1,65007/250.27 miRydal Mount, Bromley, BR22
£1,65008/250.27 mi-2
£1,75008/250.28 miCoombe Dene, Bromley, BR22
£1,70010/250.28 miCoombe Dene, Bromley, BR22
£1,55010/250.28 miCumberland Road, Shortlands, Bromley, BR22
£1,55004/250.3 mi-2
£1,65007/250.3 miDurham Avenue, Bromley, BR22
£1,35006/250.31 miCumberland Road, Bromley, BR22
£1,65003/240.32 mi-2
£1,60003/240.32 miWestmoreland Road, Bromley, BR22
£1,85003/240.32 miShortlands, Bromley, BR22
£2,00008/250.33 mi-2
£2,00008/250.33 miWestmoreland Road, Bromley, BR22
£1,78008/250.34 miWinchester Road, Bromley, BR2 0PZ2
£1,75012/240.35 mi-2
£1,50004/240.35 miWhitehaven Close, Westmoreland Road, BR22
£1,65004/240.35 miWhitehaven Close, Bromley South, BR22
£1,60003/240.36 miThe Birches, Durham Road, Bromley, BR22
£1,60006/250.36 miThe Birches, Durham Road, Bromley, BR22
£1,75012/240.37 mi-2

Local Area Statistics

Population in BR2

44,903

Nearest school

0.20 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £600,000

October 11, 2024

Sold for £620,000

2016

Sold for £236,000

2003

Floor Plans

Property image

Description

  • Chain Free +
  • Period Conversion Flat +
  • Parking and Garage +
  • Catchment for sought after Schools +

*Guide Price £600,000 - £625,000*
jdm present to the market this impressive two-bedroom, two-bathroom period conversion is offered to the market chain-free. Located on the first floor of a grand residence, the property spans an impressive 1,300 square feet and includes a spacious double garage.

Inside, the home features a stunning reception room with dual bay windows, flooding the space with natural light. Both double bedrooms are generously sized, and benefit from built in storage. The bright and airy hallway is illuminated by light from the communal skylight. The property also includes a spacious kitchen which comprises of wall and base units, stone worktops and integrated appliances with an adjoining hall/dining area and two well-appointed bathrooms.

Conveniently located just 0.8 miles from Bromley South Station, offering fast connections to London Victoria in around 17 minutes, South Hill Road is ideally positioned for access to Bromley Town Centre’s excellent range of shops, restaurants, and entertainment options, including The Glades shopping centre, The Churchill Theatre, and the newly developed St Mark’s Square with its popular dining establishments and nine-screen cinema. The property is also in the catchment area for highly regarded local schools, such as Highfield Primary which has been rated 'Outstanding' by Ofsted and secondary options including Langley and Ravensbourne.

Broadband and Mobile Coverage
For broadband and mobile phone coverage at the property in question please visit: checker.ofcom.org.uk/en-gb/broadband-coverage and checker.ofcom.org.uk/en-gb/mobile-coverage respectively.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our 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 and a buyer is advised to obtain verification from their own solicitor or surveyor.

Agent Details

jdm, Bromley

020 3910 6349

Next Steps?

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