2 Bed Flat, Single Let, BR2 0AT £425,000

Beckenham Lane, Bromley, BR2 0AT - a year ago
Leasehold
BTL
~64 m²
Property image

ValuationOvervalued

Sold Prices£223K - £500K
Sold Prices/m²£3.6K/m² - £10.4K/m²

 

 

Square Metres

~64.10 m²
Price/m²£6.6K/m²

Value Estimate

£329,508

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£33,700

Total Cash In

£139,950

 

 

Cash Out

 

Rent Range

£1,500 - £2,350

Rent Estimate

£1,500

Running Costs/mo

£1,648

Cashflow/mo

£-148

Cashflow/yr

£-1,777

Gross Yield

4%

Local Sold Prices

50 sold prices from £223K to £500K, average is £366.6K. £3.6K/m² to £10.4K/m², average is £5.5K/m².

Price
Date
Distance
Address
Beds
 
£270K10/210.03 miFlat 16, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£287.5K08/230.03 miFlat 15, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£290K04/250.05 miFlat 6, 5 Glebe Knoll, Beckenham Lane, Bromley BR2 0DA2
£450K03/250.05 miFlat 1, 5 Glebe Knoll, Beckenham Lane, Bromley BR2 0DA2
£290K04/250.05 miFlat 6, 5 Glebe Knoll, Beckenham Lane, Bromley BR2 0DA2
£368.3K05/250.1 mi6, Hill House, Hill House Mews, Bromley BR2 0DE2
£368.3K05/250.1 mi6, Hill House, Hill House Mews, Bromley BR2 0DE2
£370K01/250.11 mi6, Flat 2, Farnaby Road, Bromley BR1 4BJ2
£360K02/250.16 miSt James Court, Flat 4, Edison Road, Bromley, Greater London BR2 0EZ2
£335K08/210.17 mi4a, Shortlands Gardens, Bromley, Greater London BR2 0EA2
£280K08/210.19 mi37a, Martins Road, Bromley, Greater London BR2 0EE2
£375K05/250.25 miFlat 4, 4, Blyth Road, Bromley BR1 3RX2
£375K05/250.25 miFlat 4, 4, Blyth Road, Bromley BR1 3RX2
£385K04/250.25 mi18, Mill Vale, Bromley BR2 0EW2
£385K04/250.25 mi18, Mill Vale, Bromley BR2 0EW2
£475K12/240.26 mi14, Flat 5, Highland Road, Bromley BR1 4AD2
£435K06/210.27 mi27a, Meadow Road, Bromley, Greater London BR2 0DX2
£423K07/230.27 mi6, Pump House Close, Bromley, Greater London BR2 0LA2
£500K03/250.31 miFlat 1, 23, Hammelton Road, Bromley BR1 3PZ2
£430K11/220.31 mi52a, Valley Road, Bromley, Greater London BR2 0HD2
£430K06/210.31 mi48a, Valley Road, Bromley, Greater London BR2 0HD2
£370K02/250.32 mi38d, Madeira Avenue, Bromley BR1 4AY2
£320K03/250.33 mi64, London Road, Bromley BR1 3QZ2
£400K12/240.36 mi1 Luca Court, Flat 6, Mays Hill Road, Shortlands, Bromley BR2 0AP2
£377.5K03/250.37 mi13a, Glebe Road, Bromley BR1 3NT2
£325K01/250.38 mi47 Warwick Court, Flat 6, Park Hill Road, Shortlands, Bromley BR2 0LB2
£330K12/240.39 mi5, Ethelbert Close, Bromley BR1 1JB2
£350K07/230.39 miFlat 4, Cawston Court, Highland Road, Bromley, Greater London BR1 4AF2
£310K06/210.4 mi31, Weston Road, Bromley, Greater London BR1 3RH2
£365K03/250.44 miFlat 3, 83 The Clock House, Tweedy Road, Bromley BR1 1RP2
£330K07/230.46 mi47c, Ravensbourne Road, Bromley, Greater London BR1 1HW2
£223K04/230.46 mi85, Howard Road, Bromley, Greater London BR1 3QQ2
£390K03/250.46 miFlat 55, Northpoint, Sherman Road, Bromley BR1 3JN2
£310K12/240.47 mi9 Inglewood Court, Flat 9, Oaklands Road, Bromley BR1 3SJ2
£395K06/210.47 mi15, Hildenlea Place, Bromley, Greater London BR2 0YH2
£245K03/250.47 mi91, Hope Park, Bromley BR1 3RG2
£465K07/250.48 miFlat 1, 4 Caton Court, Beckenham Grove, Shortlands, Bromley BR2 0JU2
£378K05/250.49 miFlat 5, 9 Squirrels Drey, Park Hill Road, Shortlands, Bromley BR2 0JX2
£378K05/250.49 miFlat 5, 9 Squirrels Drey, Park Hill Road, Shortlands, Bromley BR2 0JX2
£375K03/250.51 miFlat 5, 16 Arundel Court, Beckenham Grove, Shortlands, Bromley BR2 0XN2
£328K12/240.52 mi58a, Morgan Road, Bromley BR1 3QF2
£370K06/210.53 mi13, Madison Gardens, Bromley, Greater London BR2 0SJ2
£325.3K03/230.54 mi98a, London Road, Bromley, Greater London BR1 3RL2
£360K02/250.54 mi18 Hazelwood House, Flat 28, Church Road, Shortlands, Bromley BR2 0HE2
£310K09/210.55 mi38, Palace Road, Bromley, Greater London BR1 3JT2
£400K03/250.55 miApartment 7, 7 Dewey Court, St Mark's Square, Bromley BR2 9UZ2
£335K08/250.57 miFlat 7, Curzon Court, Beckenham Grove, Shortlands, Bromley BR2 0JY2
£312.5K07/250.6 miFlat 24, 21 Redlands Court, London Lane, Bromley BR1 4HB2
£353K03/250.61 mi26c, Bromley Grove, Shortlands, Bromley BR2 0LN2
£325K08/250.61 miFlat 9, 30 Bromley Court Flats, Oaklands Road, Bromley BR1 3SL2

Local Rents

50 rents from £1.5K/mo to £2.4K/mo, average is £1.8K/mo.

Rent
Date
Distance
Address
Beds
 
£1,80007/250 miBeckenham Lane, Shortlands, Bromley, BR22
£1,75003/240 miBeckenham Lane, Bromley, BR22
£1,75004/240 miBeckenham Lane, Shortlands, Bromley, BR22
£1,70011/250.02 miBeckenham Lane, Bromley2
£1,95008/250.04 miGlebe Knoll, Bromley, BR22
£1,50004/250.06 mi-2
£1,70004/240.07 miWeymouth House, Bromley, BR22
£1,70009/250.09 miBlyth Road, Bromley2
£1,60011/250.11 miBeckenham Lane, Bromley, Kent, BR22
£1,70004/240.12 miFarnaby Road, Bromley, BR12
£1,80010/250.13 miRecreation Road, Shortlands, Bromley, BR22
£2,35011/250.14 miRecreation Road, Bromley, Kent, BR22
£2,00007/250.14 miBlyth Road, Bromley, BR12
£2,20010/250.14 miBeckenham Lane2
£1,80004/240.14 miRecreation Road Bromley BR22
£1,65007/250.15 mi-2
£1,60006/250.16 miBeckenham Lane, Bromley, Kent, BR22
£2,00009/250.16 miEdison Road, Bromley, BR22
£1,90008/250.16 miEdison Road, St. James Court Edison Road, BR22
£1,90010/250.16 miEdison Road, St. James Court Edison Road, BR22
£1,65011/250.17 miBlyth Road, Bromley2
£1,97507/250.17 miShortlands Gardens, Bromley, BR2 0EA2
£1,89508/250.17 miShortlands Gardens, Bromley, BR2 0EA2
£2,30003/250.18 mi-2
£1,70009/250.18 miBeckenham Lane, Shortlands, Bromley, BR22
£1,60010/250.18 miBrackenhill Close, Bromley, Kent, BR12
£1,50003/240.18 miMartins Road, Shortlands, Bromley, BR22
£1,50003/240.19 miShortlands Gardens, Shortlands, Bromley, BR22
£1,55006/250.19 miMartins Road, Shortlands, Bromley, BR22
£1,65008/250.19 mi, BR12
£1,60003/250.2 mi-2
£1,65012/240.2 mi-2
£1,70011/250.21 miLondon Road, Bromley, BR12
£1,95003/240.21 miBlyth Road, Bromley, BR12
£1,65003/240.21 miGlassmill Lane, Shortlands, Bromley, BR22
£1,70010/250.22 miOaklands Road, Bromley, BR12
£1,95003/240.22 miBlyth Road Bromley BR12
£1,80002/250.22 mi-2
£1,70008/250.23 miMartins Road, Bromley, BR22
£1,95004/240.23 mi4 Blyth Road, Bromley, Kent, BR12
£1,65008/250.23 miTweedy Road, Bromley, BR12
£1,75003/240.23 miMartins Road, Shortlands, Bromley, BR22
£2,00003/240.23 miQueens Mead Road Bromley BR22
£1,90001/250.24 mi-2
£1,79504/250.25 mi-2
£2,00002/250.25 miWest Street, Bromley, Kent2
£1,70002/250.26 mi-2
£1,70001/250.26 mi-2
£1,75006/250.26 miHighland Road, Bromley, BR12
£2,00010/250.26 miMeadow Road, Shortlands2

Local Area Statistics

Population in BR2

44,903

Nearest school

0.10 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £425,000

May 15, 2025

Listed for £450,000

December 10, 2024

Floor Plans

Property image

Description

  • 2 bedroom 2 bathroom apartment +
  • Ground floor +
  • Patio garden +
  • Modern development +
  • Communal Garden +
  • Desierable location +

GUIDE PRICE £425,000 to £450,000

Nestled between Bromley and Shortlands is this contemporary two bedroom apartment located on the ground floor of a prestigious development.

The apartment is well presented and finished to a high standard throughout. The apartment is accessed via a communal hallway which is well maintained and spacious.

Internally the accommodation in the apartment all flows off the hallway, which benefits from a large storage cupboard. The open-plan kitchen is perfect for modern lifestyles and features a range of contemporary base and wall-mounted units as well as a number of integrated Bosch appliances. The living area is flooded with natural light and has patio doors which lead out onto a southerly facing enclosed courtyard area.

The master bedroom benefits from built-in wardrobes and en-suite shower. There is a further double bedroom and contemporary family bathroom. The bathrooms both benefit from underfloor heating.

Externally there is a large well looked after communal garden. The property also benefits from communal parking and an electric car charger point.

Shortlands Station (London zone 4) is within 0.3 miles and provides frequent services into London Victoria and Blackfriars. Bromley South Station is 0.8 miles with fast and regular services into London Blackfriars and London Victoria in 16 minutes.

Close by is an array of amenities nearby including shops, bars, eateries, supermarkets, and green spaces. Viewings are highly recommended.

Leasehold
Approx. 120 Years remaining
Service Charge: £2,000 per annum approx
Ground Rent : £350 per annum

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?

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