2 Bed Flat, Single Let, Bromley, BR1 1HW, £280,000

55 Ravensbourne Rd, Bromley, BR1, BR1 1HW - 4 views - 2 months ago

BTL
ROI: 5%
51 m²
+4 photos

ValuationOvervalued

Sold Prices£154.6K - £517.5K
Sold Prices/m²£3.4K/m² - £10.4K/m²

 

 

Square Metres

51 m²
Price/m²£5.5K/m²

Value Estimate

£255,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,100

Total Cash In

£81,100

 

 

Cash Out

 

Rent Range

£1,450 - £2,500

Rent Estimate

£1,500

Running Costs/mo

£1,195

Cashflow/mo

£305

Cashflow/yr

£3,660

ROI

5%

Gross Yield

6%

Local Sold Prices

50 sold prices from £154.6K to £517.5K, average is £315K. £3.4K/m² to £10.4K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£330K07/230.01 mi47c, Ravensbourne Road, Bromley, Greater London BR1 1HW2
£370K06/210.2 mi13, Madison Gardens, Bromley, Greater London BR2 0SJ2
£302.5K03/210.24 mi4, Glassmill Lane, Bromley, Greater London BR2 0EJ2
£320K01/210.34 mi47, Whitehaven Close, Bromley, Greater London BR2 0YA2
£310K11/220.34 mi12, Whitehaven Close, Bromley, Greater London BR2 0YA2
£295K03/230.34 mi44, Whitehaven Close, Bromley, Greater London BR2 0YA2
£375K03/210.36 miFlat 1, St James Court, Edison Road, Bromley, Greater London BR2 0EZ2
£351K01/210.42 miFlat 17, Weymouth House, Hill House Mews, Bromley, Greater London BR2 0DD2
£350K04/210.42 mi5, Pump House Close, Bromley, Greater London BR2 0LA2
£423K07/230.42 mi6, Pump House Close, Bromley, Greater London BR2 0LA2
£442.5K02/230.42 mi28a, Durham Avenue, Bromley, Greater London BR2 0QB2
£335K02/210.43 miFlat 23, Hardwick House, Masons Hill, Bromley, Greater London BR2 9GW2
£310K02/210.45 mi24, Stamford Drive, Bromley, Greater London BR2 0XF2
£270K10/210.46 miFlat 16, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£287.5K08/230.46 miFlat 15, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£300K06/210.47 mi3, Kingsleigh Walk, Bromley, Greater London BR2 0YE2
£280K08/210.47 mi37a, Martins Road, Bromley, Greater London BR2 0EE2
£235K03/210.49 miFlat 23, Newman Court, North Street, Bromley, Greater London BR1 1BQ2
£430K11/220.49 mi52a, Valley Road, Bromley, Greater London BR2 0HD2
£285K11/200.49 mi150, Blyth Road, Bromley, Greater London BR1 3RT2
£430K06/210.5 mi48a, Valley Road, Bromley, Greater London BR2 0HD2
£446.5K06/230.56 mi52, Beadon Road, Bromley, Greater London BR2 9AT2
£440K03/210.56 miFlat 3, Linda Court, South Hill Road, Bromley, Greater London BR2 0RH2
£517.5K06/230.57 miFlat 1, Linda Court, South Hill Road, Bromley, Greater London BR2 0RH2
£335K08/210.58 mi4a, Shortlands Gardens, Bromley, Greater London BR2 0EA2
£350K01/210.6 mi44b, Hammelton Road, Bromley, Greater London BR1 3PY2
£310K09/210.61 mi38, Palace Road, Bromley, Greater London BR1 3JT2
£485K03/210.61 mi7b, Church Road, Shortlands, Bromley, Greater London BR2 0HP2
£310K02/210.62 miFlat 5, Riverside Court, Vincent Close, Bromley, Greater London BR2 9ED2
£375K11/200.62 mi16a, Hammelton Road, Bromley, Greater London BR1 3PY2
£297.5K03/210.64 miFlat 9, Karen Court, Blyth Road, Bromley, Greater London BR1 3RZ2
£300K05/210.64 miFlat 10, Karen Court, Blyth Road, Bromley, Greater London BR1 3RZ2
£435K06/210.65 mi27a, Meadow Road, Bromley, Greater London BR2 0DX2
£300K12/210.66 mi55, Woldham Road, Bromley, Greater London BR2 9LA2
£285K03/210.68 mi14, Madeira Avenue, Bromley, Greater London BR1 4AZ2
£285K09/210.69 miFlat 27, Gainsborough Court, Homesdale Road, Bromley, Greater London BR2 9NB2
£265K04/210.73 mi33, Weston Grove, Bromley, Greater London BR1 3RJ2
£395K06/210.74 mi15, Hildenlea Place, Bromley, Greater London BR2 0YH2
£375K08/230.74 mi12, Field Close, Bromley, Greater London BR1 2SF2
£350K10/210.75 mi9, Field Close, Bromley, Greater London BR1 2SF2
£355K12/200.75 mi38d, Madeira Avenue, Bromley, Greater London BR1 4AY2
£309K06/210.76 miFlat 6, Britten Lodge, Fair Acres, Bromley, Greater London BR2 9BT2
£295K07/210.76 miFlat 12, Britten Lodge, Fair Acres, Bromley, Greater London BR2 9BT2
£290K09/210.76 miFlat 138, Lemare Lodge, Fair Acres, Bromley, Greater London BR2 9BS2
£330K05/230.76 miFlat 146, Lemare Lodge, Fair Acres, Bromley, Greater London BR2 9BS2
£282.5K02/210.76 miFlat 153, Lemare Lodge, Fair Acres, Bromley, Greater London BR2 9BS2
£310K06/210.78 mi31, Weston Road, Bromley, Greater London BR1 3RH2
£154.6K06/230.78 mi148, Homesdale Road, Bromley, Greater London BR2 9LH2
£275K11/200.78 mi96, Homesdale Road, Bromley, Greater London BR2 9LH2
£335K03/210.79 mi54, Hope Park, Bromley, Greater London BR1 3RQ2

Local Rents

50 rents from £1.4K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80003/240.03 mi-2
£1,70003/240.04 miRingers Road Bromley BR12
£1,70004/240.04 miRingers Road Bromley BR12
£1,65003/240.06 miRingers Road Bromley BR12
£1,65004/240.06 miRingers Road Bromley BR12
£1,50003/240.07 miRingers Road, Bromley, BR12
£1,85002/240.08 mi-2
£1,60003/240.09 miEthelbert Close, Bromley, BR12
£2,10004/240.1 miDewey Court, 7 St. Marks Square, Bromley, BR22
£1,73304/240.1 miDewey Court, Bromley South, BR22
£1,50003/240.11 miEthelbert Close, Bromley BR12
£2,10012/240.12 miBrouard Court, St Marks Square, Bromley, BR22
£1,85012/240.12 miSt Marks Square, Bromley South, BR22
£1,95002/240.12 mi-2
£2,10003/250.12 mi-2
£1,85004/240.12 miSt. Marks Square, Bromley, BR22
£2,50002/250.13 mi-2
£1,80003/240.15 miHigh Street Bromley BR12
£1,90003/240.15 miHigh Street Bromley BR12
£1,90004/240.15 miHigh Street Bromley BR12
£2,10003/250.16 mi-2
£1,80003/240.16 miGwydyr Road, Bromley, BR22
£1,80004/240.16 miGwydyr Road, Bromley, BR22
£1,45003/240.17 miThe Mall, Bromley, BR12
£1,75002/250.17 mi-2
£1,90003/240.17 miBroadway House, High Street, Bromley BR12
£1,90003/240.17 miBroadway House, 3 High Street, Bromley, Kent, BR12
£2,03504/240.17 miHigh Street, London, BR12
£1,87505/240.17 mi-2
£1,90003/240.18 mi-2
£1,90003/240.18 mi-2
£1,90003/240.18 mi-2
£1,90003/240.18 miQueen Anne Avenue, Bromley, BR22
£2,00003/250.18 mi-2
£1,60002/240.18 mi-2
£1,60003/240.18 mi-2
£1,50003/240.18 mi-2
£1,60003/240.18 mi-2
£1,60004/240.18 mi-2
£1,60005/240.18 mi-2
£1,70001/250.18 mi-2
£1,79504/250.21 mi-2
£1,75004/240.21 miCrosby House, 9 Elmfield Road, Bromley, BR12
£1,90001/250.22 mi-2
£1,70004/240.22 mi9-13 Elmfield Road, Bromley, BR12
£1,65003/240.24 miGlassmill Lane, Shortlands, Bromley, BR22
£1,85003/240.25 miSt. Marks Road Bromley BR22
£1,85003/240.25 miSt. Marks Road Bromley BR22
£1,90004/240.25 miSt. Marks Road Bromley BR22
£2,35004/240.25 miSt. Marks Road Bromley BR22

Local Area Statistics

Population in BR1

55,931

Population in Bromley

55,947

Town centre distance

0.52 miles away

Nearest school

0.10 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £280,000

January 30, 2025

Floor Plans

Description

  • CHAIN FREE +
  • Bromley South Station A Short Stroll Away +
  • Bromley High Street On Your Doorstep +
  • Top Floor Flat +
  • Great School Catchment Area +
  • Off Road Parking With Gate +
  • Balcony +
  • 2 Bedrooms +
  • Council Tax Band - C +
  • EPC - C +

*CHAIN FREE*

Nestled in the heart of Bromley, this well-presented two-bedroom top-floor flat is perfectly positioned for convenience and comfort. Located just steps from Bromley High Street, you’ll have a variety of shops, cafes, and restaurants at your fingertips. Bromley South station, only a short walk away, provides quick access to London Victoria in 17 minutes, as well as connections to Blackfriars and Orpington, making it ideal for commuters.

The flat features an open-plan kitchen and living room with a functional layout, offering ample space for both entertaining and everyday living. A private balcony extends from the living area, perfect for enjoying a morning coffee or unwinding in the evening with views of the surrounding area. Two generously sized bedrooms provide flexibility for a small family, working professionals, or guests, while the bathroom and interiors are in excellent condition, ready for you to move in and personalize.

Additional benefits include secure gated parking and storage options for added convenience. Whether you’re a first-time buyer, a growing family seeking proximity to well-regarded schools, or an investor looking for a prime rental property, this flat ticks all the boxes. With everything you need right on your doorstep and excellent transport links, this is your chance to enjoy the best of urban living in Bromley. Schedule a viewing today and make this fantastic property your new home!

Share of freehold Service Charge - £125

Agent Details

Capital Estate Agents, Bromley

020 3907 9906

Next Steps?

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