2 Bed Bungalow, Refurb/BRRR, West Wickham, BR4 0HE, £675,000

10 The Crescent, West Wickham, Kent BR4 0HE - 2 views - 3 months ago

Refurb/BRRR
~95 m²
+9 photos

ValuationOvervalued

Sold Prices£390K - £790K
Sold Prices/m²£4.2K/m² - £14.1K/m²

 

 

Square Metres

~94.80 m²
Price/m²£7.1K/m²

Value Estimate

£599,722

 

 

End Value (After Refurb)

£665,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£168,750

Stamp Duty & Legal Fees

£56,200

Refurb Costs

£50,152

Bridging Loan Interest

£17,719

Total Cash In

£294,571

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£665,000

Mortgage (After Refinance)

£498,750

Mortgage LTV

75%

Cash Left In

£294,571

Equity

£166,250

Rent Range

£1,500 - £2,200

Rent Estimate

£1,753

Running Costs/mo

£2,449

Cashflow/mo

£-696

Cashflow/yr

£-8,349

Gross Yield

3%

Local Sold Prices

50 sold prices from £390K to £790K, average is £480K. £4.2K/m² to £14.1K/m², average is £6.5K/m².

PriceDateDistanceAddressBeds 
£760K02/230 mi6, The Crescent, West Wickham, Greater London BR4 0HE2
£700K06/210 mi2, The Crescent, West Wickham, Greater London BR4 0HE2
£670K11/220.25 mi61, Pickhurst Park, Bromley, Greater London BR2 0TN2
£465K06/210.44 mi14a, Brenchley Close, Bromley, Greater London BR2 9DR2
£480K11/200.44 mi39, Eastry Avenue, Bromley, Greater London BR2 7PE2
£450K10/200.45 mi14, Malling Way, Bromley, Greater London BR2 7PJ2
£517.5K11/210.47 mi34, Shoreham Way, Bromley, Greater London BR2 7PU2
£590K02/210.53 mi37, South Hill Road, Bromley, Greater London BR2 0RL2
£730K11/230.53 mi35, South Hill Road, Bromley, Greater London BR2 0RL2
£480K12/220.74 mi10, Deveraux Close, Beckenham, Greater London BR3 3GW2
£390K11/200.87 mi14, Saville Row, Bromley, Greater London BR2 7DX2
£406K06/210.87 mi31, Saville Row, Bromley, Greater London BR2 7DX2
£435K05/210.87 mi24, Saville Row, Bromley, Greater London BR2 7DX2
£395K12/200.89 mi8, Farnborough Crescent, Bromley, Greater London BR2 7DL2
£445K11/210.95 mi19, Aylesbury Road, Bromley, Greater London BR2 0QP2
£467.5K12/200.95 mi16, Aylesbury Road, Bromley, Greater London BR2 0QP2
£420K12/200.98 mi29, Newbury Road, Bromley, Greater London BR2 0QN2
£450K02/210.98 mi19, Newbury Road, Bromley, Greater London BR2 0QN2
£517.5K10/210.98 mi31, Newbury Road, Bromley, Greater London BR2 0QN2
£515K12/211 mi96, Newbury Road, Bromley, Greater London BR2 0QW2
£545K09/211.01 mi80, Hayes Street, Bromley, Greater London BR2 7LH2
£395K01/211.02 mi21, Hillside Road, Bromley, Greater London BR2 0TL2
£790K07/211.05 mi2, Tulse Close, Beckenham, Greater London BR3 6QU2
£650K11/221.06 mi2, Gwydyr Road, Bromley, Greater London BR2 0EX2
£485K04/231.07 mi45, Bromley Crescent, Bromley, Greater London BR2 0HA2
£560K09/211.07 mi36, Bromley Crescent, Bromley, Greater London BR2 0HA2
£600K05/231.08 mi11, Elderslie Close, Beckenham, Greater London BR3 3BB2
£525K06/221.09 mi9, Kent Road, West Wickham, Greater London BR4 0JL2
£390K03/211.11 mi16, North Road, West Wickham, Greater London BR4 0JS2
£425K10/201.12 mi94, George Lane, Bromley, Greater London BR2 7LQ2
£418K02/211.12 mi78, George Lane, Bromley, Greater London BR2 7LQ2
£490K09/221.14 mi18, Surrey Road, West Wickham, Greater London BR4 0JU2
£575K11/201.15 mi40, Hayes Wood Avenue, Hayes, Bromley, Greater London BR2 7BL2
£445K08/231.17 mi16, Prospect Place, Bromley, Greater London BR2 9HN2
£500K02/231.18 mi6, Knotley Way, West Wickham, Greater London BR4 9FH2
£560K05/231.19 mi18, Glebe House Drive, Bromley, Greater London BR2 7BN2
£562.5K06/231.19 mi12, Glebe House Drive, Bromley, Greater London BR2 7BN2
£460K01/211.2 mi47, Chamberlain Crescent, West Wickham, Greater London BR4 0LJ2
£575K10/201.2 mi23, Martins Road, Bromley, Greater London BR2 0EE2
£475K03/231.2 mi91, Martins Road, Bromley, Greater London BR2 0EE2
£545K06/211.2 mi17, Martins Road, Bromley, Greater London BR2 0EE2
£405K03/231.21 mi14, Devonshire Square, Bromley, Greater London BR2 9HX2
£447.5K10/211.21 mi5, Overstand Close, Beckenham, Greater London BR3 3JY2
£472.5K11/201.24 mi39, Napier Road, Bromley, Greater London BR2 9JA2
£470K12/221.25 mi8, Napier Road, Bromley, Greater London BR2 9JA2
£500K08/231.26 mi26, Recreation Road, Bromley, Greater London BR2 0DZ2
£520K08/231.26 mi57, Recreation Road, Bromley, Greater London BR2 0DY2
£437.5K12/201.26 mi35, Recreation Road, Bromley, Greater London BR2 0DY2
£415K09/211.27 miOak Cottage, Groom Close, Bromley, Greater London BR2 9JN2
£407.5K12/221.27 mi65a, Beckenham Lane, Bromley, Greater London BR2 0DN2

Local Rents

50 rents from £1.5K/mo to £2.2K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,60004/240.31 miWestmoreland Road, Bromley, BR22
£1,60010/240.32 mi-2
£1,80003/240.5 miSouth Hill Road Bromley BR22
£1,80004/240.5 miSouth Hill Road Bromley BR22
£1,60004/240.58 miBodiam Court, Westmoreland Road, Bromley, BR22
£1,50003/240.64 miFair Acres, Bromley2
£1,59503/240.64 miFair Acres, Bromley2
£1,65003/240.64 miFairacres, Bromley2
£1,50001/240.64 mi-2
£1,80010/230.65 mi-2
£1,90012/240.65 mi-2
£1,90010/240.65 mi-2
£1,80004/240.65 miFair Acres, London, BR22
£1,65012/240.65 miWestmoreland Road Bromley BR22
£1,65004/240.65 mi-2
£1,65003/240.65 miWestmoreland Road, Bromley, BR22
£1,65004/240.65 miWestmoreland Road, Bromley, BR22
£1,70003/240.72 miCumberland Road, Bromley, BR22
£2,00003/240.72 mi39 Spruce Park, Cumberland Road, Bromley, Kent BR2 0EH2
£1,65003/240.75 mi-2
£1,60003/240.75 miWestmoreland Road, Bromley, BR22
£1,55004/250.75 mi-2
£1,50004/240.76 miWhitehaven Close, Westmoreland Road, BR22
£1,65004/240.76 miWhitehaven Close, Bromley South, BR22
£1,85003/240.78 miShortlands, Bromley, BR22
£1,80003/240.8 miWhitehaven Close, Bromley, BR22
£1,75002/250.8 mi-2
£1,60003/240.81 miThe Birches, Durham Road, Bromley, BR22
£1,75012/240.81 mi-2
£1,75012/240.81 miWestmoreland Road Bromley BR22
£1,75012/240.81 mi-2
£1,60004/240.84 miKingswood Road, Bromley, London, BR22
£1,80003/250.87 mi-2
£1,70003/240.87 miSaville Row, Bromley2
£1,55011/240.87 mi-2
£1,50011/240.87 mi-2
£2,10002/250.87 mi-2
£1,65003/250.87 mi-2
£1,60012/240.89 mi-2
£1,55004/250.9 mi-2
£1,60004/240.9 miBourne Way, Bromley, BR22
£1,90003/240.91 mi-2
£1,90003/240.91 mi-2
£1,90003/240.91 mi-2
£1,90003/240.91 miQueen Anne Avenue, Bromley, BR22
£2,00003/250.91 mi-2
£2,15003/240.91 mi2 Creswell Drive, Beckenham, BR32
£2,20004/240.92 miCreswell Drive Beckenham BR32
£2,20004/240.92 miCreswell Drive Beckenham BR32
£2,20003/240.92 miCreswell Drive Beckenham BR32

Local Area Statistics

Population in BR4

19,349

Population in West Wickham

19,361

Town centre distance

0.89 miles away

Nearest school

0.30 miles away

Nearest train station

0.79 miles away

 

 

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £675,000

March 16, 2025

Listed for £690,000

January 21, 2025

Floor Plans

Description

  • Large L Shaped Living/Dining Room. +
  • Garage & Off Street Parking. +
  • Short Walk Local Shops. +
  • Chain Free. +
  • Requiring Some Modernisation. +
  • Two Bedroom Detached Bungalow. +
  • Bathroom & Separate W.C. +
  • 108' Westerly Garden. +

This perfectly situated, CHAIN FREE, two bedroom bungalow is one of only five bungalows in the road. With an impressive L shaped living/dining room as well as two bedrooms, both having fitted wardrobes and bay windows. There is a bathroom and separate w.c. and the kitchen features a Bosch stainless steel wall oven, gas hob and under counter fridge. The property enjoys a 108' westerly garden and there is a garage and storage area to one side of the house which offers further potential S.T.P.P. The property has gas fired central heating via an Ideal Logic combination boiler in the conservatory and there is currently off street parking to the front of the property for two cars. This property requires some updating, making it an ideal project for purchasers seeking a character bungalow in a premium location with easy access to West Wickham, Hayes and Bromley South. The Crescent is off Goodhart Way. Bromley High Street with The Glades Shopping Centre and Bromley South Station is about 1.3 miles away. Local schools include the sought after Langley Park Secondary and Pickhurst Infant and Juniors schools. West Wickham station and Leisure Centre are about 0.8 of a mile away. West Wickham High Street offers some national stores including a Sainsbury's and Marks and Spencer's supermarkets, various restaurants and coffee shops.

Agent Details

Proctors, West Wickham

020 3879 5258

Next Steps?

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