2 Bed Flat, Single Let, BR7 5JQ £350,000

Lubbock Road, Chislehurst, BR7 5JQ - 10 months ago

Sold STC

Leasehold

BTL

ROI: 1%

~70 m²

ValuationUndervalued

Sold Prices	£205K - £742.5K
Sold Prices/m²	£4.1K/m² - £9.7K/m²

Square Metres	~69.50 m²
Price/m²	£5K/m²
Value Estimate	£410,682£410,682
BMV	17%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£87,500£87,500
Stamp Duty & Legal Fees	£26,200£26,200
Total Cash In	£113,700£113,700

Cash Out
Rent Range	£1,500 - £3,500£1,500 - £3,500
Rent Estimate	£1,550
Running Costs/mo	£1,424£1,424
Cashflow/mo	£126£126
Cashflow/yr	£1,515£1,515
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £205K to £742.5K, average is £378K. £4.1K/m² to £9.7K/m², average is £5.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£371.5K	03/25	0.05 mi	1, Thorndale, Lubbock Road, Chislehurst BR7 5JN	£5,384	69	2	Flat
£371.5K	03/25	0.05 mi	1, Thorndale, Lubbock Road, Chislehurst BR7 5JN	-	-	2	Flat
£360K	10/24	0.09 mi	32 Burlington Lodge, Flat 5, Lubbock Road, Chislehurst BR7 5QR	£5,294	68	2	Flat
£350K	09/24	0.14 mi	101, Lower Camden, Chislehurst BR7 5JD	£6,034	58	2	Flat
£345K	01/23	0.15 mi	Flat 11, Clare Court, Lower Camden, Chislehurst, Greater London BR7 5JB	-	-	2	Flat
£742.5K	04/25	0.2 mi	Flat 8, 8 Longacre Court, Newton Park Place, Chislehurst BR7 5BF	-	-	2	Flat
£325K	11/24	0.22 mi	Enderfield Court, 7, Lubbock Road, Chislehurst BR7 5JY	£5,242	62	2	Flat
£520K	09/22	0.28 mi	2, Bonchester Close, Chislehurst, Greater London BR7 5HS	£5,909	88	2	Flat
£496K	11/24	0.36 mi	82 Tollgate Lodge, Flat 6, Chislehurst Road, Chislehurst BR7 5NP	£5,976	83	2	Flat
£463.5K	05/25	0.4 mi	Flat 4, 25, Old Hill, Chislehurst BR7 5LZ	£5,453	85	2	Flat
£463.5K	05/25	0.4 mi	Flat 4, 25, Old Hill, Chislehurst BR7 5LZ	-	-	2	Flat
£725K	03/25	0.41 mi	Flat 3, 76 Avonhurst, Camden Park Road, Chislehurst BR7 5HQ	£4,096	177	2	Flat
£725K	03/25	0.41 mi	Flat 3, 76 Avonhurst, Camden Park Road, Chislehurst BR7 5HQ	-	-	2	Flat
£457.5K	12/22	0.42 mi	4, Forest Close, Chislehurst, Greater London BR7 5QS	£6,354	72	2	Flat
£450K	12/24	0.45 mi	19, Forest Close, Chislehurst BR7 5QS	£5,769	78	2	Flat
£500K	11/21	0.45 mi	Flat 1, Coverdale, Susan Wood, Chislehurst, Greater London BR7 5NG	-	-	2	Flat
£465K	06/21	0.45 mi	Flat 3, Berlay Mount, Susan Wood, Chislehurst, Greater London BR7 5NG	£9,688	48	2	Flat
£538K	06/25	0.48 mi	4c, Summerhill Villas, Susan Wood, Chislehurst BR7 5NG	-	-	2	Flat
£395K	11/24	0.5 mi	Woodhayes, 17, Willow Grove, Chislehurst BR7 5EX	£6,270	63	2	Flat
£377K	03/25	0.53 mi	Flat 8, 105 Stirling House, Waratah Drive, Chislehurst BR7 5FS	-	-	2	Flat
£377K	03/25	0.53 mi	Flat 8, 105 Stirling House, Waratah Drive, Chislehurst BR7 5FS	£5,095	74	2	Flat
£380K	06/25	0.57 mi	Flat 8, 101 Warkworth House, Waratah Drive, Chislehurst BR7 5FP	-	-	2	Flat
£380K	06/25	0.57 mi	Flat 8, 101 Warkworth House, Waratah Drive, Chislehurst BR7 5FP	£5,205	73	2	Flat
£372K	02/25	0.59 mi	Flat 10, 72 Audley House, Waratah Drive, Chislehurst BR7 5FR	£5,027	74	2	Flat
£372K	02/25	0.59 mi	Flat 10, 72 Audley House, Waratah Drive, Chislehurst BR7 5FR	-	-	2	Flat
£395.5K	11/24	0.59 mi	Fairfield, Flat 1, Willow Grove, Chislehurst BR7 5BU	£6,379	62	2	Flat
£378K	02/25	0.6 mi	3, Arnside, Willow Grove, Chislehurst BR7 5BU	£4,667	81	2	Flat
£378K	02/25	0.6 mi	3, Arnside, Willow Grove, Chislehurst BR7 5BU	-	-	2	Flat
£300K	09/24	0.67 mi	15, Flat 10, Willow Grove, Chislehurst BR7 5BN	£6,522	46	2	Flat
£417K	08/21	0.67 mi	Flat 17, Maxwell House, Prince Imperial Road, Chislehurst, Greater London BR7 5LX	-	-	2	Flat
£420K	01/23	0.68 mi	Flat 18, Maxwell House, Prince Imperial Road, Chislehurst, Greater London BR7 5LX	-	-	2	Flat
£600K	01/25	0.72 mi	Westbury Court, Flat 2, Westbury Road, Bromley, Greater London BR1 2QB	£5,825	103	2	Flat
£415K	03/25	0.74 mi	85, Victoria Road, Chislehurst BR7 6DE	£5,929	70	2	Flat
£415K	03/25	0.74 mi	85, Victoria Road, Chislehurst BR7 6DE	-	-	2	Flat
£575K	02/25	0.75 mi	Merrywood Court, 8, Bickley Park Road, Bickley, Bromley BR1 2AY	£6,845	84	2	Flat
£205K	10/22	0.77 mi	Flat 6, Loraine Court, Red Hill, Chislehurst, Greater London BR7 6SB	-	-	2	Flat
£455K	12/24	0.79 mi	4, Flat 2, Pines Road, Bickley, Bromley BR1 2AA	£6,149	74	2	Flat
£310K	10/24	0.8 mi	37, Croft Close, Chislehurst BR7 6EY	£6,739	46	2	Flat
£290K	08/21	0.83 mi	61, Croft Close, Chislehurst, Greater London BR7 6EZ	£6,444	45	2	Flat
£295K	09/21	0.84 mi	13, Croft Close, Chislehurst, Greater London BR7 6EX	£6,146	48	2	Flat
£250K	06/21	0.84 mi	17, Croft Close, Chislehurst, Greater London BR7 6EX	£5,208	48	2	Flat
£255K	10/21	0.84 mi	7, Croft Close, Chislehurst, Greater London BR7 6EX	£5,574	46	2	Flat
£285K	06/21	0.84 mi	14, Croft Close, Chislehurst, Greater London BR7 6EX	£5,938	48	2	Flat
£320K	08/25	0.89 mi	Flat 8, Eileen Court, Hillview Road, Chislehurst BR7 6DT	-	-	2	Flat
£350K	05/25	0.9 mi	Flat 14, Forest Lawns, Orchard Road, Bromley BR1 2TG	£4,167	84	2	Flat
£350K	05/25	0.9 mi	Flat 14, Forest Lawns, Orchard Road, Bromley BR1 2TG	-	-	2	Flat
£335K	03/25	0.9 mi	Flat 1, Eileen Court, Hillview Road, Chislehurst BR7 6DT	-	-	2	Flat
£335K	03/25	0.9 mi	Flat 1, Eileen Court, Hillview Road, Chislehurst BR7 6DT	£6,700	50	2	Flat
£622.5K	06/23	0.99 mi	Flat 2, Clifton House, Royal Parade, Chislehurst, Greater London BR7 6NW	-	-	2	Flat
£291K	03/25	1 mi	214, Elmstead Lane, Chislehurst BR7 5EW	£4,099	71	2	Flat

Local Rents

50 rents from £1.5K/mo to £3.5K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,550	01/25	0 mi	-	2	Flat
£1,550	10/25	0 mi	-	2	Flat
£1,550	02/25	0 mi	-	2	Flat
£1,550	09/25	0 mi	Hatton Court, Chislehurst, BR7	2	Flat
£1,700	03/24	0.03 mi	Lubbock Road Chislehurst BR7	2	Flat
£1,750	08/25	0.03 mi	Hatton Court, 35-49 Lubbock Road, Chislehurst, Kent, BR7	2	Flat
£1,700	03/24	0.03 mi	Hatton Court, Lubbock Road, Chislehurst, BR7	2	Flat
£1,500	08/25	0.05 mi	Lubbock Road, Chislehurst BR7	2	Flat
£1,650	03/24	0.14 mi	125 Lower Camden Chislehurst BR7	2	Flat
£1,750	11/25	0.14 mi	-	2	Flat
£1,650	08/25	0.17 mi	Lower Camden, Chislehurst, BR7	2	Flat
£1,650	11/25	0.17 mi	Lower Camden, Chislehurst, BR7	2	Flat
£1,700	12/24	0.21 mi	-	2	Flat
£1,800	09/25	0.21 mi	-	2	Flat
£1,700	03/24	0.21 mi	Yester Road, Chislehurst, BR7	2	Flat
£1,800	08/25	0.21 mi	Yester Road, Chislehurst, BR7	2	Flat
£1,550	06/25	0.21 mi	-	2	Flat
£1,900	12/24	0.22 mi	-	2	Terraced House
£1,750	10/25	0.22 mi	Enderfield Court , Lubbock Road	2	Flat
£1,900	04/24	0.23 mi	Lower Camden Chislehurst BR7	2	Flat
£2,750	09/25	0.23 mi	Newton Park Place, Chislehurst. BR7	2	Flat
£2,785	03/24	0.23 mi	Newton Park Place, Chislehurst. BR7	2	Flat
£2,300	12/24	0.27 mi	Southill Road, Chislehurst	2	Flat
£2,700	11/25	0.33 mi	Chislehurst Road, Chislehurst, Greater London, BR7	2	Flat
£1,950	06/25	0.33 mi	-	2	Flat
£1,950	06/25	0.33 mi	Chislehurst, Chislehurst, BR7	2	Flat
£2,250	08/25	0.34 mi	Kinnik Apartments, 63 - 65 Chislehurst Road, Kent	2	Flat
£1,700	06/25	0.34 mi	Chislehurst Road, Chislehurst, BR7	2	Flat
£1,700	06/25	0.34 mi	-	2	Flat
£3,500	09/25	0.34 mi	Chislehurst Road, BR7	2	Flat
£3,500	10/25	0.34 mi	Chislehurst Road, BR7	2	Flat
£1,750	08/25	0.36 mi	Elmstead Lane, Chislehurst, BR7	2	Flat
£3,000	09/25	0.37 mi	Mulberry Court, Chislehurst Road, Chislehurst, BR7	2	Flat
£2,300	07/25	0.37 mi	Camden Park Road, Chislehurst	2	Flat
£3,000	08/25	0.38 mi	Chislehurst Road Chislehurst BR7	2	Flat
£2,250	11/25	0.4 mi	Holmbury Park, Bromley, BR1	2	Flat
£1,850	03/24	0.41 mi	Brenchley Close Chislehurst BR7	2	Flat
£1,750	05/25	0.42 mi	-	2	Flat
£1,750	09/25	0.44 mi	Susan Wood, Chislehurst, Kent, BR7	2	Terraced House
£1,700	03/24	0.45 mi	Mill Place, Chislehurst, BR7	2	Flat
£1,600	03/24	0.45 mi	Mill Place Chislehurst BR7	2	Flat
£1,750	11/25	0.45 mi	Mill Place BR7	2	Terraced House
£1,650	09/25	0.45 mi	Mill Place Chislehurst BR7	2	Terraced House
£1,700	08/25	0.45 mi	Susan Wood, Chislehurst, Kent, BR7 5NG	2	Flat
£2,200	07/25	0.45 mi	The Mount, Susan Wood, BR7	2	Flat
£1,750	08/25	0.46 mi	Walden Parade, Walden Road, Chislehurst, BR7	2	Flat
£1,550	06/25	0.49 mi	Walden Parade, Walden Road, Chislehurst, Greater London, BR7	2	Flat
£1,600	11/25	0.5 mi	Willow Grove, Chislehurst, BR7	2	Flat
£1,550	11/25	0.51 mi	Walden Parade, Walden Road, Chislehurst, BR7	2	Flat
£1,900	04/25	0.51 mi	-	2	Flat

Local Area Statistics

Population in BR7	17,32217,322
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.50 miles away0.50 miles away

Rental demand	Landlord's marketLandlord's market
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+25%+25%

Property History

Listed for £350,000

January 14, 2025

Sold for £70,500

1996

Floor Plans

Description

GUIDE PRICE £350,000 - £375,000

CHAIN FREE

Alan de Maid present a superbly presented two bedroom second floor apartment located within three quarters of a mile of both Elmstead Woods and Chislehurst stations.

The property is offered to the market in good decorative order and boasts two double bedrooms, built-in storage, a fitted kitchen with views onto the tree lined commual gardens. The living room is also on the same side and has access to the kitchen with more lovely views. A three piece bathroom suite, hallway storage, and a garage en-bloc. Viewing is essential.

Local Authority: Bromley
Council Tax Band: D

Agent Details

Alan de Maid, Chislehurst

020 3835 5398

Next Steps?

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

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