2 Bed Flat, Single Let, BR2 9GW £350,000

Masons Hill, Bromley, BR2 9GW - 4 views - a year ago
Under Offer
Leasehold
BTL
ROI: 2%
~82 m²
Property image

ValuationUndervalued

Sold Prices£112.5K - £517.5K
Sold Prices/m²£1.8K/m² - £7.2K/m²

 

 

Square Metres

~81.85 m²
Price/m²£4.3K/m²

Value Estimate

£409,250
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£26,200

Total Cash In

£113,700

 

 

Cash Out

 

Rent Range

£1,565 - £2,500

Rent Estimate

£1,594

Running Costs/mo

£1,433

Cashflow/mo

£161

Cashflow/yr

£1,937

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £112.5K to £517.5K, average is £344K. £1.8K/m² to £7.2K/m², average is £4.8K/m².

Price
Date
Distance
Address
Beds
 
£112.5K12/240.04 miHardwick House, Flat 57, Masons Hill, Bromley BR2 9GW2
£412.5K03/250.04 mi12a, 42 Axiom Apartments, Sparkes Close, Bromley BR2 9BU2
£365K01/250.12 mi28c, Langdon Road, Bromley BR2 9JS2
£330.5K04/250.23 miFlat 2, 4, Hayes Lane, Hayes, Bromley BR2 9EB2
£330.5K04/250.23 miFlat 2, 4, Hayes Lane, Hayes, Bromley BR2 9EB2
£368K12/240.24 mi48 Berkeley Court, Flat 12, Masons Hill, Bromley BR2 9JG2
£285K09/210.26 miFlat 27, Gainsborough Court, Homesdale Road, Bromley, Greater London BR2 9NB2
£300K12/210.26 mi55, Woldham Road, Bromley, Greater London BR2 9LA2
£400K03/250.33 miApartment 7, 7 Dewey Court, St Mark's Square, Bromley BR2 9UZ2
£154.6K06/230.4 mi148, Homesdale Road, Bromley, Greater London BR2 9LH2
£330K07/230.42 mi47c, Ravensbourne Road, Bromley, Greater London BR1 1HW2
£310K11/220.44 mi12, Whitehaven Close, Bromley, Greater London BR2 0YA2
£295K03/230.44 mi44, Whitehaven Close, Bromley, Greater London BR2 0YA2
£330K12/240.46 mi5, Ethelbert Close, Bromley BR1 1JB2
£446.5K06/230.46 mi52, Beadon Road, Bromley, Greater London BR2 9AT2
£370K06/210.51 mi13, Madison Gardens, Bromley, Greater London BR2 0SJ2
£350K10/210.55 mi9, Field Close, Bromley, Greater London BR1 2SF2
£375K08/230.56 mi12, Field Close, Bromley, Greater London BR1 2SF2
£290K09/210.59 miFlat 138, Lemare Lodge, Fair Acres, Bromley, Greater London BR2 9BS2
£330K05/230.59 miFlat 146, Lemare Lodge, Fair Acres, Bromley, Greater London BR2 9BS2
£440K05/250.59 mi28, Spruce Park, Cumberland Road, Shortlands, Bromley BR2 0EH2
£440K05/250.59 mi28, Spruce Park, Cumberland Road, Shortlands, Bromley BR2 0EH2
£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
£300K06/210.61 mi3, Kingsleigh Walk, Bromley, Greater London BR2 0YE2
£325K07/210.62 mi64, Addison Road, Bromley, Greater London BR2 9RR2
£385K04/250.62 mi18, Mill Vale, Bromley BR2 0EW2
£385K04/250.62 mi18, Mill Vale, Bromley BR2 0EW2
£365K05/250.63 miFlat 26, 76 Florida Court, Westmoreland Road, Bromley BR2 0TR2
£365K05/250.63 miFlat 26, 76 Florida Court, Westmoreland Road, Bromley BR2 0TR2
£420K03/250.63 miFlat 21, 76 Florida Court, Westmoreland Road, Bromley BR2 0TR2
£310K08/230.63 mi13b, Page Heath Villas, Bromley, Greater London BR1 2QN2
£320K06/250.64 mi16, Page Heath Villas, Bickley, Bromley BR1 2QN2
£300K08/230.64 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
£318K03/250.66 miFlat 20, 128 Cromarty Court, Widmore Road, Bromley BR1 3BX2
£312.5K03/250.66 miFlat 54, Vaughan Lodge, Fair Acres, Bromley BR2 9BN2
£365K03/250.66 miFlat 3, 83 The Clock House, Tweedy Road, Bromley BR1 1RP2
£375K12/240.67 mi121, Flat 6, Widmore Road, Bromley BR1 3AH2
£442.5K02/230.68 mi28a, Durham Avenue, Bromley, Greater London BR2 0QB2
£300K12/240.68 mi1 The Laurels, Flat 24, Homefield Road, Bromley BR1 3LA2
£425K02/230.69 mi134b, Widmore Road, Bromley, Greater London BR1 3BP2
£360K02/250.73 miSt James Court, Flat 4, Edison Road, Bromley, Greater London BR2 0EZ2
£348K08/250.73 miFlat 10, 159 Westland Lodge, Widmore Road, Bromley BR1 3AX2
£310K09/210.76 mi38, Palace Road, Bromley, Greater London BR1 3JT2
£517.5K06/230.78 miFlat 1, Linda Court, South Hill Road, Bromley, Greater London BR2 0RH2
£340K12/240.8 mi42a, Johnson Road, Bromley BR2 9SN2
£390K03/250.8 miFlat 55, Northpoint, Sherman Road, Bromley BR1 3JN2
£425K08/250.8 miApartment 4, 143 Farmview Apartments, Hayes Lane, Hayes, Bromley BR2 9EQ2
£368.3K05/250.8 mi6, Hill House, Hill House Mews, Bromley BR2 0DE2

Local Rents

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

Rent
Date
Distance
Address
Beds
 
£1,70004/240 miMasons Hill Bromley BR22
£1,75006/250 miMasons Hill, Bromley, BR22
£1,80007/250 miMasons Hill Bromley BR22
£1,79008/250 miMasons Hill Bromley BR22
£1,80007/250 miMasons Hill BR22
£1,75010/250 miMasons Hill, Bromley, BR22
£1,75011/250 miMasons Hill, Bromley, BR22
£2,10009/250.03 mi-2
£2,24912/240.03 mi-2
£1,80008/250.03 miMasons Hill, Bromley, BR22
£1,95004/240.03 mi22 Axiom Apartments.2
£2,15006/250.03 mi2 Bedroom Flat to let in Bromley2
£2,10006/250.03 miSparkes Close, Bromley, BR2 9BU2
£1,65003/240.04 miExchange Apartments, 41 Sparkes Close, Bromley, BR22
£1,80011/250.04 miSparkes Close, Bromley, BR22
£1,75003/240.04 miAxiom Apartments, 42 Sparkes Close, Bromley, Kent, BR22
£2,15006/250.04 miSparkes Close, Bromley, BR22
£2,10008/250.06 miSparkes Close, Bromley South, Bromley, BR22
£1,70010/250.07 miProspect Place, Bromley, BR22
£1,70010/250.07 mi-2
£1,90004/240.07 miWheeler Place, Bromley, BR22
£2,00008/250.08 miMaxim Apartments, Wheeler Place, BR22
£1,70007/250.08 miMasons Hill, Bromley, Kent, BR22
£1,70007/250.08 miMasons Hill, Bromley, Kent, BR22
£2,15006/250.08 miSparkes Close, Bromley, Kent, BR22
£1,95012/240.08 mi-2
£2,00010/250.09 miCromwell Close, Bromley, Kent, BR22
£1,98503/240.09 miSparkes Close, Bromley, BR2 9GE2
£1,89507/250.09 miCromwell Close, Bromley, BR2 9GD2
£1,65003/240.09 miMasons Hill Bromley BR22
£2,50002/250.1 mi-2
£2,00010/250.11 miWheeler Place, Bromley, BR22
£1,56504/240.11 miLangdon Road, Bromley, Kent, BR2 9JS2
£2,00011/250.11 miWheeler Place Bromley BR22
£1,82510/250.11 miReflex Apartments, 1 Wheeler Place, Bromley, BR22
£1,65011/250.12 miNapier Road, 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
£2,20009/250.17 miSt. Marks Square, Bromley, BR22
£1,65006/250.17 miMasons Hill, Bromley, BR22
£1,70010/250.17 miMasons Hill, 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
£1,95007/250.18 miSt. Marks Road Bromley BR22
£1,90006/250.18 miSt Marks Road Bromley BR22
£2,00007/250.18 miSt. Marks Road 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)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £350,000

November 8, 2024

Floor Plans

Property image

Description

  • Two bedrooms +
  • Two bathrooms +
  • Ensuite to master bedroom +
  • South facing balcony +
  • Third floor +
  • Lift access +
  • Allocated parking +
  • EPC rating: B +

CHAIN FREE. A spacious and modern purpose-built two bedroom, two bathroom apartment with balcony, located within a short walk to Bromley South Station and Bromley Town Centre.

Agent Details

Kinleigh Folkard & Hayward - Sales, Bromley

020 3835 6379

Next Steps?

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