3 Bed Detached House, Refurb/BRRR, Beckenham, BR3 6TB, £850,000

133 Bushey Way, Beckenham, BR3 0IEO - 3 months ago

Refurb/BRRR
Planning
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£485K - £1.3M
Sold Prices/m²£4.7K/m² - £8.7K/m²

 

 

Square Metres

~93 m²
Price/m²£9.1K/m²

Value Estimate

£539,750

 

 

End Value (After Refurb)

£735,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£212,500

Stamp Duty & Legal Fees

£60,700

Refurb Costs

£49,200

Bridging Loan Interest

£22,313

Total Cash In

£346,463

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£735,000

Mortgage (After Refinance)

£551,250

Mortgage LTV

75%

Cash Left In

£346,463

Equity

£183,750

Rent Range

£1,300 - £2,900

Rent Estimate

£2,159

Running Costs/mo

£2,749

Cashflow/mo

£-590

Cashflow/yr

£-7,076

Gross Yield

3%

Local Sold Prices

50 sold prices from £485K to £1.3M, average is £695K. £4.7K/m² to £8.7K/m², average is £6.2K/m².

PriceDateDistanceAddressBeds 
£1.3M10/220.19 mi101, Malmains Way, Beckenham, Greater London BR3 6SF3
£665K10/200.22 mi115, Hayes Chase, West Wickham, Greater London BR4 0HY3
£945K11/200.23 mi77, Brabourne Rise, Beckenham, Greater London BR3 6SD3
£675K04/230.28 mi115, Goodhart Way, West Wickham, Greater London BR4 0EU3
£990K09/220.34 mi76a, Elwill Way, Beckenham, Greater London BR3 6RZ3
£700K07/230.39 mi51, Goodhart Way, West Wickham, Greater London BR4 0ER3
£712K03/210.39 mi302, Pickhurst Lane, West Wickham, Greater London BR4 0HT3
£775K06/230.4 mi301, Pickhurst Lane, West Wickham, Greater London BR4 0HW3
£595K05/230.41 mi54, Goodhart Way, West Wickham, Greater London BR4 0ES3
£615K10/200.41 mi22, Goodhart Way, West Wickham, Greater London BR4 0ES3
£607K12/200.41 mi16, Goodhart Way, West Wickham, Greater London BR4 0ES3
£680K03/230.43 mi292, The Avenue, West Wickham, Greater London BR4 0ED3
£715K11/200.43 mi23, Goodhart Way, West Wickham, Greater London BR4 0ER3
£900K08/210.44 mi44, Woodlea Drive, Bromley, Greater London BR2 0UQ3
£825K05/230.44 mi38, Woodlea Drive, Bromley, Greater London BR2 0UQ3
£750K04/210.45 mi10, Adamson Way, Beckenham, Greater London BR3 3GP3
£645K01/210.45 mi202, The Avenue, West Wickham, Greater London BR4 0EB3
£635K06/210.45 mi244, The Avenue, West Wickham, Greater London BR4 0EB3
£795K01/230.46 mi56, Whitstone Lane, Beckenham, Greater London BR3 3FZ3
£725K06/210.48 mi27, Whitstone Lane, Beckenham, Greater London BR3 3GY3
£1.1M12/200.5 mi5, Holly Close, Beckenham, Greater London BR3 3XD3
£950K08/230.5 mi38, Kingswood Avenue, Bromley, Greater London BR2 0NY3
£1.1M02/230.5 mi83, Hayes Way, Beckenham, Greater London BR3 6RR3
£980K08/230.5 mi81, Hayes Way, Beckenham, Greater London BR3 6RR3
£830K05/230.5 mi73, Hayes Way, Beckenham, Greater London BR3 6RR3
£635K06/210.51 mi122, The Avenue, West Wickham, Greater London BR4 0EA3
£567.5K05/230.51 mi197, Wickham Chase, West Wickham, Greater London BR4 0BH3
£800K06/210.52 mi39, Pickhurst Park, Bromley, Greater London BR2 0UE3
£795K06/220.53 mi221, Pickhurst Lane, West Wickham, Greater London BR4 0HJ3
£892K07/220.53 mi220, Pickhurst Lane, West Wickham, Greater London BR4 0HL3
£760K11/220.54 mi208, Wickham Chase, West Wickham, Greater London BR4 0BP3
£635K08/210.54 mi211, Pickhurst Lane, West Wickham, Greater London BR4 0HH3
£760K03/210.55 mi230, Pickhurst Lane, West Wickham, Greater London BR4 0HL3
£585K01/230.55 mi213, Langley Way, West Wickham, Greater London BR4 0DW3
£650K06/220.55 mi215, Langley Way, West Wickham, Greater London BR4 0DW3
£580K07/230.55 mi227, Langley Way, West Wickham, Greater London BR4 0DW3
£485K03/210.55 mi141, Wickham Chase, West Wickham, Greater London BR4 0BQ3
£571.7K04/210.55 mi121, Wickham Chase, West Wickham, Greater London BR4 0BQ3
£595K07/230.57 mi135, Mead Way, Bromley, Greater London BR2 9ES3
£957K12/200.58 mi47, Kingswood Avenue, Bromley, Greater London BR2 0NR3
£540K11/200.58 mi180, Mead Way, Bromley, Greater London BR2 9ET3
£690K12/200.58 mi73, Wickham Chase, West Wickham, Greater London BR4 0BG3
£599K05/210.59 mi181, Langley Way, West Wickham, Greater London BR4 0DN3
£505K12/200.59 mi222, Langley Way, West Wickham, Greater London BR4 0DU3
£875K01/230.6 mi67, Kingswood Avenue, Bromley, Greater London BR2 0NR3
£650K01/230.6 mi1, Barnhill Avenue, Bromley, Greater London BR2 9DP3
£797K03/210.61 mi96, Kingswood Avenue, Bromley, Greater London BR2 0NP3
£548.5K06/210.62 mi160, Langley Way, West Wickham, Greater London BR4 0DT3
£575K12/200.62 mi8, Barnhill Avenue, Bromley, Greater London BR2 9DP3
£622.5K03/210.62 mi115, Langley Way, West Wickham, Greater London BR4 0DL3

Local Rents

46 rents from £1.3K/mo to £2.9K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,30004/250.65 mi-3
£2,50003/240.68 miPickhurst Rise West Wickham BR43
£2,00012/230.7 mi-3
£2,00003/250.72 mi-3
£2,17504/240.74 miMead Way, Bromley, BR23
£2,30003/240.76 miHayesford Park Drive, Bromley, BR23
£1,95004/240.77 miBrenchley Close, Bromley, BR23
£1,95004/240.77 miBrenchley Close, Bromley, BR23
£1,95012/240.77 miBrenchley Close, Bromley, BR23
£2,00004/240.8 miStamford Drive, Bromley, BR23
£2,20004/240.81 miHilldown Road, Bromley, BR23
£2,70004/240.82 miEden Way, Beckenham3
£2,90003/250.84 mi-3
£2,25003/240.84 miTonge Close, Beckenham, BR33
£2,50003/250.86 mi-3
£2,00003/250.86 mi-3
£2,55012/240.86 mi-3
£2,55004/240.86 miShortlands Road, Bromley, BR23
£2,55012/240.86 miShortlands Road, Bromley, BR23
£2,35012/240.89 mi-3
£2,25004/240.92 mi-3
£1,70004/240.95 miLetchworth Drive, Bromley, BR23
£2,50010/230.99 mi-3
£2,50004/250.99 mi-3
£2,17503/251 mi-3
£2,30002/241.03 mi-3
£2,20004/241.03 mi-3
£2,05003/241.03 miGlebe Way West Wickham BR43
£2,40004/251.03 mi-3
£1,95012/241.03 mi-3
£2,20004/241.04 miQueen Anne Avenue, Bromley3
£2,04504/241.07 mi-3
£2,04503/241.07 miStonehaven, Beckenham, BR33
£2,00001/241.09 mi-3
£2,00003/241.09 mi-3
£2,10004/241.11 miBromley Gardens, Bromley3
£2,40003/241.13 miErnest Grove Beckenham BR33
£1,30004/251.14 mi-3
£1,85004/241.14 miStation Road, Shortlands, Bromley,BR23
£2,20004/241.15 miSilver Lane, West Wickham3
£2,20004/241.16 miThe Glen, Shortlands, Bromley, BR23
£1,90003/241.17 miCheveney Walk, Bromley, BR23
£1,80012/241.21 mi-3
£2,00004/241.22 miGlanfield Road, Beckenham, BR33
£2,20004/241.23 miAsprey Mews Beckenham BR33
£2,00004/241.24 miStanhope Grove, Beckenham3

Local Area Statistics

Population in BR3

47,386

Population in Beckenham

47,411

Town centre distance

1.26 miles away

Nearest school

0.50 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Price changed to £850,000

March 16, 2025

Listed for £900,000

January 8, 2025

Floor Plans

Description

  • Chain free +
  • Detached +
  • Three double bedrooms +
  • Three receptions +
  • South facing garden +
  • Garage +
  • Off street parking +
  • Potential To Extend (STPP) +
  • Park Langley area +
  • EPC rating D +

Grafton Estate Agents are proud to offer to the market this spacious three bedroom family home, in need of some modernisation, chain free. The property downstairs boasts a spacious entrance hallway with two large reception rooms and an additional room to the rear, which gives access into both the garage and garden, separate kitchen and shower room; while upstairs offers three sizeable double bedrooms and a family bathroom with a separate toilet. The future buyer will also benefit from double glazing throughout, garage, off street parking and easy side access into a big south facing garden, which allows the potential to extend subject to planning permission, making this an ideal family home. Bushey Way is located on a quiet residential road within the catchment for both Langley schools and situated close to many local amenities, including Kelsey Park and The Parade, Park Langley Golf and Tennis Club; while West Wickham and Eden Park Stations gives easy access into London Bridge, Waterloo East and Charring Cross.

Agent Details

Grafton Estate Agents, Beckenham

020 3947 8937

Next Steps?

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