3 Bed Terraced House, Single Let, BR2 9LS, £350,000

Bromley Common, Bromley, BR2 9LS - 4 views - 3 months ago

Under Offer
BTL
ROI: 4%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£388.4K - £750K
Sold Prices/m²£4.7K/m² - £7.5K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£434,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,700 - £2,750

Rent Estimate

£1,788

Running Costs/mo

£1,471

Cashflow/mo

£317

Cashflow/yr

£3,800

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £388.4K to £750K, average is £532.5K. £4.7K/m² to £7.5K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£725K11/200.14 mi22, Great Elms Road, Bromley, Greater London BR2 9NE3
£642K03/230.14 mi1, Marlborough Road, Bromley, Greater London BR2 9ND3
£478K03/210.14 mi7, Marlborough Road, Bromley, Greater London BR2 9ND3
£565K06/210.15 mi8, Drake Mews, Bromley, Greater London BR2 9NA3
£475K08/210.17 mi38, Stanley Road, Bromley, Greater London BR2 9JH3
£470K04/210.18 mi52, Stanley Road, Bromley, Greater London BR2 9JH3
£395K02/210.18 mi8, Stanley Road, Bromley, Greater London BR2 9JE3
£530K09/210.18 mi48, Havelock Road, Bromley, Greater London BR2 9NZ3
£480K08/230.19 mi17, Carisbrooke Road, Bromley, Greater London BR2 9NJ3
£428K10/210.19 mi4, Devonshire Square, Bromley, Greater London BR2 9HX3
£520K06/210.2 mi17, Raglan Road, Bromley, Greater London BR2 9NN3
£388.4K01/210.2 mi6, Stanley Road, Bromley, Greater London BR2 9JE3
£490K06/210.2 mi15, Raglan Road, Bromley, Greater London BR2 9NN3
£540K06/210.24 mi5, Weller Mews, Bromley, Greater London BR2 9JB3
£530K10/210.27 mi48, Gundulph Road, Bromley, Greater London BR2 9LL3
£535K11/200.27 mi39, Gundulph Road, Bromley, Greater London BR2 9LL3
£543.5K05/210.28 mi46, Gundulph Road, Bromley, Greater London BR2 9LL3
£545K11/220.28 mi44, Gundulph Road, Bromley, Greater London BR2 9LL3
£500K06/210.28 mi27, Glanville Road, Bromley, Greater London BR2 9LN3
£505K09/210.28 mi29, Addison Road, Bromley, Greater London BR2 9RP3
£525K04/230.29 mi76, Homesdale Road, Bromley, Greater London BR2 9LH3
£505K04/210.29 mi76, Homesdale Road, Bromley, Greater London BR2 9LH3
£570K08/210.29 mi50, Bourne Road, Bromley, Greater London BR2 9NS3
£550K05/210.29 mi34, Bourne Road, Bromley, Greater London BR2 9NS3
£455K02/210.3 mi107, Homesdale Road, Bromley, Greater London BR2 9LE3
£415K12/200.31 mi84, Southlands Road, Bromley, Greater London BR2 9QS3
£565K12/210.31 mi15, Bourne Road, Bromley, Greater London BR2 9PB3
£560K08/230.32 mi39, Godwin Road, Bromley, Greater London BR2 9LG3
£540K06/210.33 mi34, Elliott Road, Bromley, Greater London BR2 9NU3
£552K12/220.34 mi4, Godwin Road, Bromley, Greater London BR2 9LQ3
£600K06/230.34 mi62, Godwin Road, Bromley, Greater London BR2 9LQ3
£435K01/210.34 mi18, Godwin Road, Bromley, Greater London BR2 9LQ3
£650K05/230.35 mi49, Sparkes Close, Bromley, Greater London BR2 9GE3
£485K03/210.35 mi23, Fashoda Road, Bromley, Greater London BR2 9RE3
£490K03/210.36 mi17, Chatterton Road, Bromley, Greater London BR2 9QW3
£435K03/210.36 mi160, Homesdale Road, Bromley, Greater London BR1 2RA3
£620K07/230.37 mi1, Walpole Road, Bromley, Greater London BR2 9SE3
£485K01/210.37 mi42, Walwyn Avenue, Bromley, Greater London BR1 2RD3
£495K06/210.37 mi20, Walwyn Avenue, Bromley, Greater London BR1 2RD3
£527.5K12/200.39 mi12, Fashoda Road, Bromley, Greater London BR2 9RF3
£587.5K08/230.39 mi11, Cowper Road, Bromley, Greater London BR2 9RT3
£550K03/210.39 mi53, Cowper Road, Bromley, Greater London BR2 9RT3
£545K01/210.39 mi21, Haywood Road, Bromley, Greater London BR2 9RG3
£653K12/200.4 mi1, Langdon Road, Bromley, Greater London BR2 9JS3
£565.5K02/210.41 mi18, Haywood Road, Bromley, Greater London BR2 9RQ3
£450K06/210.41 mi49, Walpole Road, Bromley, Greater London BR2 9SE3
£750K12/220.42 mi20, Walpole Road, Bromley, Greater London BR2 9SF3
£629K05/210.42 mi75, Palace View, Bromley, Greater London BR1 3EP3
£610K03/210.43 mi9, Pope Road, Bromley, Greater London BR2 9QA3
£612K04/210.43 mi3, Pope Road, Bromley, Greater London BR2 9QA3

Local Rents

29 rents from £1.7K/mo to £2.8K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,70004/240.05 miFielding Lane, Bromley, BR23
£2,75003/240.05 miFielding Lane, Bromley, BR23
£2,10003/240.09 miWellington Road, Bromley, London, BR23
£2,20003/250.12 mi-3
£2,20012/240.17 mi-3
£2,20012/240.17 mi-3
£2,00012/240.26 mi-3
£2,45001/250.3 mi-3
£2,40002/250.3 mi-3
£2,50002/250.3 mi-3
£2,50004/250.31 mi-3
£2,35003/250.34 mi-3
£1,89512/240.35 mi-3
£2,10003/240.35 miSparkes Close, Bromley South, Bromley, BR23
£2,10012/240.35 miSparkes Close, Bromley South, Bromley, BR23
£2,40003/240.36 mi-3
£2,40003/240.36 miWalwyn Avenue, Bromley, BR13
£2,30003/240.36 miWalwyn Avenue, Bromley, BR13
£2,40004/240.42 miPalace View, Bromley BR23
£2,25003/240.43 miPope Road, Bromley, BR23
£2,25003/240.43 miPope Road, Bromley, BR23
£2,25004/240.43 miPope Road Bromley BR23
£1,80004/240.46 miChatterton Road, Bromley3
£2,30002/240.54 mi-3
£2,40004/250.54 mi-3
£2,40004/250.56 mi-3
£2,07503/240.57 miEllen Close, Bromley, BR13
£2,40003/250.62 mi-3
£1,70004/240.62 miLetchworth Drive, Bromley, BR23

Local Area Statistics

Population in BR2

44,903

Nearest school

0.20 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £350,000

December 30, 2024

Floor Plans

Description

  • Share of freehold +
  • Close to Bromley Town Centre +
  • Wonderful split level apartment +
  • Separate kitchen +
  • Close to Bromley South station with services to London Victoria in just 18 minutes +
  • Three generous size bedrooms +
  • Off street parking +

Guide Price £350,000 - £375,000

Conveniently located within walking distance of Bromley South Station, this delightful split-level 3-bedroom flat offers generous living space across three floors. Upon entering the communal hallway, a staircase leads you to the first floor and the entrance to this charming home. Inside, the hallway flows into the reception/dining room—a bright and versatile space perfect for both lounging and entertaining, with ample room for a dining table.

Further along the landing, you'll find a separate modern kitchen, featuring sleek gloss wall and base units, integrated appliances, and stylish finishes. The family bathroom is well-appointed with a shower-over-bath, hand shower, vanity unit with storage, WC, heated towel rail, and a handy storage cupboard.

Upstairs on the second floor, the spacious master bedroom impresses with its size, spanning just under 17 feet. It includes a walk-in wardrobe with an adjoining WC that could easily be transformed into an ensuite bathroom. The second and third bedrooms are both well-proportioned, with the third bedroom offering convenient eave storage—perfect for stowing away those less-used items.

This property further benefits from a share of freehold with 959 years remaining on the lease, off-street parking, a communal garden, and gas central heating. There is also potential for a roof terrace off the landing, subject to necessary consents. Ideally situated just a short walk from Bromley town centre and Bromley South Station, this home is perfect for London commuters.

Don-t miss the opportunity to view this unique and spacious property—contact us today to arrange a viewing!

Share of freehold

959 years remaining on the lease.

Service charge – Ad hoc

Ground rent – N/A

Viewing: By appointment via Truepenny's.

Truepenny's Property Consultants for themselves and for the owner of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the Landlord/Vendor or Truepenny's Property Consultants, (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending tenant/buyer must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the Landlord/Vendor does not make or give either Truepenny's Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property. (5) any computer generated images, virtually staged images, artist-s impressions and floorplans are used purely for illustrative purposes only. They are intended to show what furnishings or fixtures could look like at the property and does not necessarily represent the actual furnishings and fixtures which maybe present at the time of inspection.Truepenny’s Property Consultants for themselves and for the owner of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the Landlord/Vendor or Truepenny’s Property Consultants, (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending tenant/buyer must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the Landlord/Vendor does not make or give either Truepenny’s Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property. (6) any computer-generated images, virtually staged images, artist’s impressions and floorplans are used purely for illustrative purposes only. They are intended to show what furnishings or fixtures could look like at the property and does not necessarily represent the actual furnishings and fixtures which may be present at the time of inspection.

Agent Details

Truepenny's Property Consultants, Beckenham

020 8464 9962

Next Steps?

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