3 Bed Flat, Single Let, BR2 7ET, £357,000

34 Kemsing Close, Bromley, Greater London, BR2 7ET - 3 views - 5 months ago

Under Offer
Leasehold
BTL
ROI: 5%
82 m²
+6 photos

ValuationOvervalued

Sold Prices£225K - £815K
Sold Prices/m²£2.4K/m² - £5.9K/m²

 

 

Square Metres

81.80 m²
Price/m²£4.4K/m²

Value Estimate

£346,170

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£89,250

Stamp Duty & Legal Fees

£17,260

Total Cash In

£106,510

 

 

Cash Out

 

Rent Range

£1,300 - £3,400

Rent Estimate

£1,950

Running Costs/mo

£1,526

Cashflow/mo

£424

Cashflow/yr

£5,093

ROI

5%

Gross Yield

7%

Local Sold Prices

45 sold prices from £225K to £815K, average is £350K. £2.4K/m² to £5.9K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£300K02/210 mi30, Kemsing Close, Bromley, Greater London BR2 7ET3
£310K03/210.01 mi10, Kemsing Close, Bromley, Greater London BR2 7ET3
£338K02/230.06 mi21, Larkfield Close, Bromley, Greater London BR2 7ES3
£300K06/210.45 mi96, Croydon Road, West Wickham, Greater London BR4 9HY3
£815K08/230.82 miFlat 3, Baston Manor, Baston Manor Road, Bromley, Greater London BR2 7AH3
£420K09/211 miFlat 4, Red Lodge Court, Pickhurst Rise, West Wickham, Greater London BR4 0AJ3
£225K02/211.08 mi30a, Letchworth Drive, Bromley, Greater London BR2 9BE3
£294K11/201.43 miFlat 6, Curtis House, Dixon Place, West Wickham, Greater London BR4 9PL3
£437.5K10/221.46 miFlat 23, Riverside Walk, The Alders, West Wickham, Greater London BR4 9PZ3
£340K10/201.46 miFlat 7, Riverside Walk, The Alders, West Wickham, Greater London BR4 9PZ3
£270K03/211.53 mi17, Cobham Close, Bromley, Greater London BR2 8JW3
£335K06/211.56 mi71, Heron Court, Bromley, Greater London BR2 9LR3
£285K02/211.61 mi36, Crown Lane, Bromley, Greater London BR2 9PQ3
£300K03/211.63 mi109, Turpington Lane, Bromley, Greater London BR2 8JD3
£440K11/201.65 miFlat 20, Hardwick House, Masons Hill, Bromley, Greater London BR2 9GW3
£315K03/211.65 mi196, Magpie Hall Lane, Bromley, Greater London BR2 8JE3
£425K01/211.69 mi33, Stanley Road, Bromley, Greater London BR2 9JH3
£325K12/222.09 mi56a, Martins Road, Bromley, Greater London BR2 0EF3
£314K09/232.1 mi58a, Martins Road, Bromley, Greater London BR2 0EF3
£450K07/232.16 miFlat 3, Weymouth House, Hill House Mews, Bromley, Greater London BR2 0DD3
£642.5K02/232.17 mi9a, Park Hill, Bromley, Greater London BR1 2JH3
£435K10/212.18 mi11a, Page Heath Lane, Bromley, Greater London BR1 2DR3
£235K03/212.18 mi9, Walton Green, New Addington, Croydon, Greater London CR0 0TY3
£410K05/212.19 mi6, Field Close, Bromley, Greater London BR1 2SF3
£800K09/212.2 miFlat 6, Aaron Court, Kelsey Park Avenue, Beckenham, Greater London BR3 6UN3
£766.3K02/212.2 miFlat 3, Aaron Court, Kelsey Park Avenue, Beckenham, Greater London BR3 6UN3
£350K09/232.24 mi60, Blyth Road, Bromley, Greater London BR1 3RU3
£340K11/212.25 miFlat 3, Laurel House, Bromley Road, Shortlands, Bromley, Greater London BR2 0AH3
£285K03/232.31 mi47, Tylney Road, Bromley, Greater London BR1 2RJ3
£360K06/232.35 mi26b, London Road, Bromley, Greater London BR1 3QR3
£375K01/232.35 mi2, College Road, Bromley, Greater London BR1 3NS3
£300K08/212.49 mi8, Weston Grove, Bromley, Greater London BR1 3RJ3
£450K03/232.54 miFlat 1, Englefield, Woodlands Road, Bromley, Greater London BR1 2AH3
£550K02/232.54 miFlat 1, Wonham Court, The Knoll, Beckenham, Greater London BR3 5JR3
£315K09/212.54 mi211, Selsdon Park Road, South Croydon, Greater London CR2 8JH3
£291K05/232.54 mi193, Selsdon Park Road, South Croydon, Greater London CR2 8JH3
£340K12/202.66 mi38, Saxon Road, Bromley, Greater London BR1 3RP3
£350K06/212.69 mi153a, Croydon Road, Beckenham, Greater London BR3 3QH3
£572.5K02/232.78 miFlat 4, Park View House, Westgate Road, Beckenham, Greater London BR3 5DF3
£406K09/232.79 mi64, Ladycroft Way, Orpington, Greater London BR6 7BZ3
£375K07/212.8 mi64, Ladycroft Way, Orpington, Greater London BR6 7BZ3
£390K08/232.86 mi30, Ladycroft Way, Orpington, Greater London BR6 7BY3
£335K06/212.86 mi30, Ladycroft Way, Orpington, Greater London BR6 7BY3
£400K05/212.91 mi10, Rectory Green, Beckenham, Greater London BR3 4HX3
£625K06/212.94 miFlat 5, Foxgrove House, Foxgrove Road, Beckenham, Greater London BR3 5AR3

Local Rents

11 rents from £1.3K/mo to £3.4K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,50010/230.27 mi-3
£2,50004/250.27 mi-3
£2,60005/240.33 miConey Hill Road, West Wickham, BR43
£2,60005/240.33 mi-3
£3,40012/240.38 mi-3
£2,20004/240.4 miHilldown Road, Bromley, BR23
£2,00001/240.49 mi-3
£2,00003/240.49 mi-3
£2,50003/250.55 mi-3
£2,00003/250.56 mi-3
£1,30004/250.6 mi-3

Local Area Statistics

Population in BR2

44,903

Nearest school

0.50 miles away

Nearest train station

0.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £357,000

November 19, 2024

Sold for £300,000

2016

Sold for £175,000

2009

Floor Plans

Description

  • Three bedrooms +
  • Living/dining room +
  • Modern kitchen +
  • Family bathroom +
  • Two balconies +
  • Vendor extending lease +
  • Close to station +
  • Within Hayes Catchments +

A spacious and well maintained three bedroom purpose built flat, ideally located for Hayes mainline station and high street. Offered to the market CHAIN FREE.
Council Tax Band:C
Tenure:Leasehold
Original length of lease: 24 June 1991
Date lease commences: 125 years from 30 March 1987
Service charge: Approx: £1800 per annum
Ground Rent: Approx: £10.00 per annum

Council tax and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.

Agent Details

Kinleigh Folkard & Hayward - Sales, Hayes

020 3866 6745

Next Steps?

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