2 Bed Terraced House, Single Let, BR2 0AA, £310,000

89 Bromley Road, Shortlands, Bromley, BR2, BR2 0AA - 4 views - 3 months ago

Leasehold
BTL
ROI: 3%
~59 m²
+12 photos

ValuationUndervalued

Sold Prices£375K - £1.3M
Sold Prices/m²£4.9K/m² - £12K/m²

 

 

Square Metres

~59.10 m²
Price/m²£5.2K/m²

Value Estimate

£387,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£19,700

Total Cash In

£97,200

 

 

Cash Out

 

Rent Range

£1,500 - £3,000

Rent Estimate

£1,500

Running Costs/mo

£1,289

Cashflow/mo

£211

Cashflow/yr

£2,535

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £375K to £1.3M, average is £500K. £4.9K/m² to £12K/m², average is £6.9K/m².

PriceDateDistanceAddressBeds 
£446.5K04/210.29 mi66, Beckenham Lane, Bromley, Greater London BR2 0DW2
£407.5K12/220.31 mi65a, Beckenham Lane, Bromley, Greater London BR2 0DN2
£805K05/230.33 mi34, Shortlands Gardens, Bromley, Greater London BR2 0EA2
£430K04/210.36 mi50, Beckenham Lane, Bromley, Greater London BR2 0DQ2
£500K08/230.38 mi26, Recreation Road, Bromley, Greater London BR2 0DZ2
£575K10/200.39 mi23, Martins Road, Bromley, Greater London BR2 0EE2
£475K03/230.39 mi91, Martins Road, Bromley, Greater London BR2 0EE2
£545K06/210.39 mi17, Martins Road, Bromley, Greater London BR2 0EE2
£520K08/230.41 mi57, Recreation Road, Bromley, Greater London BR2 0DY2
£437.5K12/200.41 mi35, Recreation Road, Bromley, Greater London BR2 0DY2
£375K05/230.42 mi235, Ravensbourne Avenue, Bromley, Greater London BR2 0BX2
£585K03/210.43 mi30, Highland Road, Bromley, Greater London BR1 4AD2
£1.3M10/220.45 mi55, The Avenue, Beckenham, Greater London BR3 5EE2
£450K11/200.54 mi21, Park End, Bromley, Greater London BR1 4AN2
£500K05/210.54 mi4, Park End, Bromley, Greater London BR1 4AN2
£395K01/210.54 mi21, Hillside Road, Bromley, Greater London BR2 0TL2
£520K12/200.54 mi16, Olyffe Drive, Beckenham, Greater London BR3 5HF2
£485K04/230.64 mi45, Bromley Crescent, Bromley, Greater London BR2 0HA2
£560K09/210.64 mi36, Bromley Crescent, Bromley, Greater London BR2 0HA2
£557.5K04/210.64 mi52, Bromley Road, Beckenham, Greater London BR3 5NP2
£641.5K04/210.65 mi41, Limes Road, Beckenham, Greater London BR3 6NS2
£540K12/200.67 mi3, Chancery Lane, Beckenham, Greater London BR3 6NR2
£515K06/210.67 mi21, Chancery Lane, Beckenham, Greater London BR3 6NR2
£533K12/200.67 mi14, Chancery Lane, Beckenham, Greater London BR3 6NR2
£560K01/210.67 mi12, Chancery Lane, Beckenham, Greater London BR3 6NR2
£650K05/230.67 mi5, Chancery Lane, Beckenham, Greater London BR3 6NR2
£635K07/230.67 mi29, Chancery Lane, Beckenham, Greater London BR3 6NR2
£401.5K02/210.69 mi11, Mooreland Road, Bromley, Greater London BR1 3RD2
£405K10/210.69 mi23, Mooreland Road, Bromley, Greater London BR1 3RD2
£420K03/210.69 mi52, Mooreland Road, Bromley, Greater London BR1 3RD2
£650K11/220.7 mi2, Gwydyr Road, Bromley, Greater London BR2 0EX2
£465K02/230.71 mi8, Mooreland Road, Bromley, Greater London BR1 3RD2
£530K01/230.71 mi45, Heathfield Road, Bromley, Greater London BR1 3RW2
£420K06/230.72 mi4, Yewdale Close, Bromley, Greater London BR1 4JJ2
£391K03/210.72 mi12, Yewdale Close, Bromley, Greater London BR1 4JJ2
£790K07/210.73 mi2, Tulse Close, Beckenham, Greater London BR3 6QU2
£472.5K11/220.74 mi11, Scotts Road, Bromley, Greater London BR1 3QD2
£480K11/220.75 mi20, Saxon Road, Bromley, Greater London BR1 3RP2
£530K06/210.75 mi20, Howard Road, Bromley, Greater London BR1 3QJ2
£440K01/210.75 mi42, Howard Road, Bromley, Greater London BR1 3QJ2
£407K12/200.77 mi27, Morgan Road, Bromley, Greater London BR1 3QE2
£438.8K12/200.77 mi5, Morgan Road, Bromley, Greater London BR1 3QE2
£425K09/230.79 mi40, College Road, Bromley, Greater London BR1 3PE2
£430K02/210.79 mi6, Morgan Road, Bromley, Greater London BR1 3QF2
£590K02/210.88 mi37, South Hill Road, Bromley, Greater London BR2 0RL2
£730K11/230.88 mi35, South Hill Road, Bromley, Greater London BR2 0RL2
£420K12/200.92 mi29, Newbury Road, Bromley, Greater London BR2 0QN2
£450K02/210.92 mi19, Newbury Road, Bromley, Greater London BR2 0QN2
£517.5K10/210.92 mi31, Newbury Road, Bromley, Greater London BR2 0QN2
£515K12/210.92 mi96, Newbury Road, Bromley, Greater London BR2 0QW2

Local Rents

50 rents from £1.5K/mo to £3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£2,10003/240.08 miAlbemarle Road Beckenham BR32
£1,95004/250.12 mi-2
£1,55004/240.16 miBromley Road, Shortlands, Bromley, BR22
£1,72503/240.19 miGlecoe, Park Hill Road, Shortlands, BR22
£2,20004/250.22 mi-2
£1,80003/240.22 mi-2
£1,60003/240.23 miPark Hill Road, Bromley2
£1,75003/240.24 miMeadow Road, Bromley, BR22
£1,75004/240.24 miMeadow Road, Bromley, BR22
£1,50004/240.26 miBeckenham Grove, Shortlands, BR22
£1,70003/240.27 miCaton Court, 4 Beckenham Grove, Bromley, Kent, BR22
£1,80001/250.28 mi-2
£1,70002/250.28 mi-2
£1,75004/240.28 miThe Knoll, Bromley, BR22
£1,75012/240.28 mi-2
£1,60003/250.3 mi-2
£1,75003/240.31 miMartins Road, Shortlands, Bromley, BR22
£1,70003/240.31 miBeckenham Grove, Bromley, BR22
£1,69903/240.32 mi-2
£1,69903/240.32 miBromley Road, Beckenham, BR32
£1,50003/240.32 miShortlands Gardens, Shortlands, Bromley, BR22
£2,30003/250.33 mi-2
£1,60002/240.35 mi-2
£1,60002/240.35 mi-2
£1,69512/240.35 mi-2
£1,60003/240.36 miRegents Court, Albemarle Road, Beckenham, BR32
£2,15003/240.37 miShortlands Grove Bromley BR22
£2,15004/240.37 miShortlands Grove Bromley BR22
£1,80003/250.38 mi-2
£1,80012/240.38 miValley Road Bromley BR22
£1,80004/240.38 miRecreation Road Bromley BR22
£1,50003/240.39 miMartins Road, Shortlands, Bromley, BR22
£1,70003/250.4 mi-2
£1,70004/240.4 miFarnaby Road, Bromley, BR12
£1,70002/250.4 mi-2
£2,00002/240.4 mi-2
£1,59903/240.4 miChinnery Court, BR32
£1,80002/250.41 mi-2
£1,55003/240.45 miFoxgrove Road, Beckenham, BR3 5DD2
£1,90003/240.46 miAlbemarle Road, Bedgebury Court, BR32
£1,90003/240.47 mi-2
£1,85003/240.48 miAlbemarle Road, Beckenham, BR32
£1,55004/250.48 mi-2
£1,75004/240.48 miAlbemarle Road Beckenham BR32
£1,75003/240.48 miOakwood Avenue Beckenham BR32
£1,80003/240.48 miAlbemarle Road, Beckenham, Kent2
£1,59505/240.49 mi-2
£1,59504/240.49 miGlenhurst, Beckenham, BR32
£3,00002/250.49 mi-2
£1,60012/240.5 mi-2

Local Area Statistics

Population in BR2

44,903

Nearest school

0.10 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £310,000

February 28, 2025

Listed for £325,000

January 2, 2025

Floor Plans

Description

  • Two Double Bedrooms +
  • Bathroom & Shower Room +
  • Close to Shortlands Station +
  • Garage En Bloc +
  • Double Glazed. +
  • Lower Ground Floor +
  • Offered Chain Free +
  • Private Terrace & Communal Gardens +

Two double bedroom with own private entrance, opening onto communal gardens, offered for sale with no chain. Popular location, a short walk to Shortlands station and around a mile from Beckenham Junction with excellent links into London Victoria. Shortlands Village is a short walk away, with local bus routes towards Bromley and Beckenham. Lower ground floor with private entrance into entrance hall, living room with sliding doors to the rear terrace which overlooking the well kept communal gardens, fitted kitchen, two double bedrooms, with the main having built in wardrobes and updated ensuite shower room and family bathroom. Benefits include double glazing and under floor heating where listed. Well kept communal gardens are located at the front and rear of the development with a single garage en bloc and visitors parking. Alexander Court is located on the corner of Bromley Road and Albemarle Road.  Shortlands Station and shops in Shortlands Village are about a third of a mile away. Bromley High Street with national stores, The Glades shopping centre, The Churchill Theatre, various restaurants and other recreational facilities and Bromley South Station is about one mile away.  Beckenham high street and Beckenham Junction station is about 1 mile away. Local schools include Valley Primary School off Beckenham Lane and Highfield Infant and Junior Schools off South Hill Road and Highfield Drive.  Beckenham Place park is a short walk away. Standard Construction

Agent Details

Proctors, Bromley

020 3872 2917

Next Steps?

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