2 Bed Flat, Single Let, BR2 9JG, £300,000

Masons Hill, Bromley, BR2 9JG - 3 views - 4 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£154.6K - £517.5K
Sold Prices/m²£3.4K/m² - £7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£340,555
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,400 - £3,500

Rent Estimate

£1,531

Running Costs/mo

£1,264

Cashflow/mo

£267

Cashflow/yr

£3,208

ROI

4%

Gross Yield

6%

Local Sold Prices

43 sold prices from £154.6K to £517.5K, average is £310K. £3.4K/m² to £7K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£310K02/210.07 miFlat 5, Riverside Court, Vincent Close, Bromley, Greater London BR2 9ED2
£285K09/210.07 miFlat 27, Gainsborough Court, Homesdale Road, Bromley, Greater London BR2 9NB2
£300K12/210.2 mi55, Woldham Road, Bromley, Greater London BR2 9LA2
£335K02/210.23 miFlat 23, Hardwick House, Masons Hill, Bromley, Greater London BR2 9GW2
£154.6K06/230.31 mi148, Homesdale Road, Bromley, Greater London BR2 9LH2
£275K11/200.31 mi96, Homesdale Road, Bromley, Greater London BR2 9LH2
£398.5K01/210.35 mi83, Bromley Common, Bromley, Greater London BR2 9RN2
£301K03/210.35 mi83b, Bromley Common, Bromley, Greater London BR2 9RN2
£305K05/210.36 mi32, Bourne Road, Bromley, Greater London BR2 9NS2
£325K07/210.42 mi64, Addison Road, Bromley, Greater London BR2 9RR2
£446.5K06/230.5 mi52, Beadon Road, Bromley, Greater London BR2 9AT2
£282.5K02/210.55 miFlat 153, Lemare Lodge, Fair Acres, Bromley, Greater London BR2 9BS2
£290K09/210.55 miFlat 138, Lemare Lodge, Fair Acres, Bromley, Greater London BR2 9BS2
£330K05/230.55 miFlat 146, Lemare Lodge, Fair Acres, Bromley, Greater London BR2 9BS2
£309K06/210.56 miFlat 6, Britten Lodge, Fair Acres, Bromley, Greater London BR2 9BT2
£295K07/210.56 miFlat 12, Britten Lodge, Fair Acres, Bromley, Greater London BR2 9BT2
£310K08/230.57 mi13b, Page Heath Villas, Bromley, Greater London BR1 2QN2
£320K01/210.59 mi47, Whitehaven Close, Bromley, Greater London BR2 0YA2
£310K11/220.59 mi12, Whitehaven Close, Bromley, Greater London BR2 0YA2
£295K03/230.59 mi44, Whitehaven Close, Bromley, Greater London BR2 0YA2
£315K03/210.59 mi12a, Waverley Close, Bromley, Greater London BR2 9SW2
£300K10/210.59 miFlat 121, Elgar Lodge, Fair Acres, Bromley, Greater London BR2 9BP2
£300K08/230.61 miFlat 33, Handel Lodge, Fair Acres, Bromley, Greater London BR2 9BL2
£350K10/210.62 mi9, Field Close, Bromley, Greater London BR1 2SF2
£375K08/230.64 mi12, Field Close, Bromley, Greater London BR1 2SF2
£330K07/230.64 mi47c, Ravensbourne Road, Bromley, Greater London BR1 1HW2
£370K06/210.71 mi13, Madison Gardens, Bromley, Greater London BR2 0SJ2
£310K02/210.71 mi24, Stamford Drive, Bromley, Greater London BR2 0XF2
£300K06/210.73 mi3, Kingsleigh Walk, Bromley, Greater London BR2 0YE2
£285K11/200.74 miFlat 3, Crown Court, Victoria Road, Bromley, Greater London BR2 9PR2
£295K10/200.74 miFlat 12, Crown Court, Victoria Road, Bromley, Greater London BR2 9PR2
£335K05/230.75 miFlat 1, Crown Court, Victoria Road, Bromley, Greater London BR2 9PR2
£320K08/210.78 mi17, Rushmore Close, Bromley, Greater London BR1 2DJ2
£425K02/230.78 mi134b, Widmore Road, Bromley, Greater London BR1 3BP2
£370K12/200.79 mi12, Brenchley Close, Bromley, Greater London BR2 9DR2
£442.5K02/230.84 mi28a, Durham Avenue, Bromley, Greater London BR2 0QB2
£302.5K03/210.88 mi4, Glassmill Lane, Bromley, Greater London BR2 0EJ2
£440K03/210.9 miFlat 3, Linda Court, South Hill Road, Bromley, Greater London BR2 0RH2
£517.5K06/230.91 miFlat 1, Linda Court, South Hill Road, Bromley, Greater London BR2 0RH2
£310K07/210.92 mi125a, Southborough Lane, Bromley, Greater London BR2 8AP2
£310K09/210.95 mi38, Palace Road, Bromley, Greater London BR1 3JT2
£375K03/210.95 miFlat 1, St James Court, Edison Road, Bromley, Greater London BR2 0EZ2
£235K03/210.97 miFlat 23, Newman Court, North Street, Bromley, Greater London BR1 1BQ2

Local Rents

51 rents from £1.4K/mo to £3.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,70004/250.08 mi-2
£1,77503/240.09 mi-2
£1,75002/240.09 mi-2
£1,90012/240.1 mi-2
£1,77502/240.11 mi-2
£2,20012/240.11 miDevonshire Square, Bromley, BR22
£2,20012/240.11 miDevonshire Square, Bromley, BR22
£1,70004/240.12 miAzzura House, 8 Homesdale Road, Bromley2
£1,85002/250.12 mi-2
£1,65003/240.13 miMasons Hill Bromley BR22
£1,57503/240.2 miHomesdale Road, Bromley, BR2 9LD2
£1,65004/240.21 miGlanville Road, Bromley, BR2 9LW2
£1,75003/240.22 miAxiom Apartments, 42 Sparkes Close, Bromley, Kent, BR22
£2,24912/240.22 mi-2
£1,65002/240.22 mi-2
£1,95004/240.22 mi22 Axiom Apartments.2
£1,70004/240.23 miMasons Hill Bromley BR22
£1,65003/240.24 miExchange Apartments, 41 Sparkes Close, Bromley, BR22
£1,95012/240.26 mi-2
£1,98503/240.26 miSparkes Close, Bromley, BR2 9GE2
£1,75003/240.27 miGundulph Road, Bromley, BR22
£1,90004/240.28 miWheeler Place, Bromley, BR22
£1,85004/240.29 miHavelock Road, Bromley, BR22
£1,56504/240.31 miLangdon Road, Bromley, Kent, BR2 9JS2
£2,50002/250.32 mi-2
£3,50003/250.33 mi-2
£1,80003/250.34 mi-2
£1,65001/250.35 mi-2
£1,90004/240.35 miSandford Road Bromley BR22
£1,55004/240.35 miSandford Road, Bromley, BR22
£1,75003/240.36 miUpper Floor, Pinewood Road, Bromley, BR22
£1,55003/240.39 miWaldo Road, Bromley, Kent, BR12
£1,85003/240.4 miSt. Marks Road Bromley BR22
£1,85003/240.4 miSt. Marks Road Bromley BR22
£1,90004/240.4 miSt. Marks Road Bromley BR22
£1,90004/240.4 miSt. Marks Road Bromley BR22
£2,35004/240.4 miSt. Marks Road Bromley BR22
£1,45003/240.44 miChatterton Road, Bromley, BR22
£2,00003/250.49 mi-2
£1,87505/240.49 mi-2
£2,03504/240.49 miHigh Street, London, BR12
£1,90003/240.49 miBroadway House, 3 High Street, Bromley, Kent, BR12
£1,90003/240.49 miBroadway House, High Street, Bromley BR12
£1,75004/240.5 miNapoleon House, Bromley, BR12
£1,75004/240.5 mi-2
£1,75002/250.5 mi-2
£2,10003/250.52 mi-2
£1,70003/240.52 miPope Road, Bromley, BR22
£1,50003/240.52 miHomesdale Road, Bromley, BR12
£1,40003/240.52 miHomesdale Road, Bromley, BR12
£2,50002/250.52 mi-2

Local Area Statistics

Population in BR2

44,903

Nearest school

0.10 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £300,000

November 29, 2024

Floor Plans

Description

This beautifully presented top-floor apartment offers 2 spacious double bedrooms and 2 modern bathrooms, and comes chain-free. The property has been impeccably maintained, with a contemporary, neutral style throughout.
Located close to Bromley South Station, this apartment is ideal for commuters, providing frequent train services to Central London and The West End via London Victoria, as well as The City via London Blackfriars.
In addition to stylish interiors, this apartment includes a dedicated parking space in a secure, gated lot behind the building. Inside, you’ll find two well-proportioned bedrooms, including a master with an en suite shower room, while the main bathroom features a modern design. Located close to local amenities and within walking distance of the town center, this property combines comfort.
Additional features include a Juliet balcony, double glazing, underfloor heating, allocated parking and a secure video entry system for peace of mind.

Agent Details

John D Wood & Co. Sales, Beckenham

020 3869 0465

Next Steps?

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