5 Bed Detached House, Planning Permission, Bromley, BR1 4HG, £900,000

Kinnaird Avenue, Bromley, BR1 4HG - 2 views - 3 months ago

Planning
~178 m²
+18 photos

ValuationOvervalued

Sold Prices£620K - £1.7M
Sold Prices/m²£3.5K/m² - £6.8K/m²

 

 

Square Metres

~178.28 m²
Price/m²£5K/m²

Value Estimate

£840,937

 

 

End Value (After Refurb)

£924,429

Uplift in Value

+3%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£225,000

Stamp Duty & Legal Fees

£81,200

Refurb Costs

£94,317

Bridging Loan Interest

£23,625

Total Cash In

£425,892

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£924,429

Mortgage (After Refinance)

£693,322

Mortgage LTV

75%

Cash Released

£18,322

Cash Left In

£407,570

Equity

£231,107

Rent Range

£1,650 - £8,200

Rent Estimate

£2,898

Running Costs/mo

£3,488

Cashflow/mo

£-590

Cashflow/yr

£-7,085

Gross Yield

4%

Local Sold Prices

24 sold prices from £620K to £1.7M, average is £827.5K. £3.5K/m² to £6.8K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£675K12/200.06 mi84, Alexandra Crescent, Bromley, Greater London BR1 4EX5
£620K04/230.06 mi74, Alexandra Crescent, Bromley, Greater London BR1 4EX5
£830K03/210.13 mi77, Avondale Road, Bromley, Greater London BR1 4HS5
£970K06/230.14 mi18, Alexandra Crescent, Bromley, Greater London BR1 4EU5
£1.2M02/230.17 mi12, Kings Avenue, Bromley, Greater London BR1 4HW5
£815K02/230.19 mi119, Coniston Road, Bromley, Greater London BR1 4JA5
£1.5M09/230.28 mi22, Kinnaird Avenue, Bromley, Greater London BR1 4HG5
£885K11/220.34 mi33, Park Avenue, Bromley, Greater London BR1 4EG5
£975K03/210.35 mi16, Park Avenue, Bromley, Greater London BR1 4EE5
£680K12/200.46 mi16, Gilbert Road, Bromley, Greater London BR1 3QP5
£620K05/210.49 mi78, Burnt Ash Lane, Bromley, Greater London BR1 4DD5
£765K07/230.56 mi99, College Road, Bromley, Greater London BR1 3QG5
£680K03/210.56 mi99, College Road, Bromley, Greater London BR1 3QG5
£1.7M08/210.61 mi35, Cambridge Road, Bromley, Greater London BR1 4EB5
£925K12/200.62 mi185, Farnaby Road, Bromley, Greater London BR2 0BA5
£735K04/210.76 mi13, Babbacombe Road, Bromley, Greater London BR1 3LN5
£825K12/200.78 mi9, Downs Hill, Beckenham, Greater London BR3 5HA5
£1.3M01/210.8 mi12, Downs Hill, Beckenham, Greater London BR3 5HB5
£1.3M12/200.84 mi11, Rodway Road, Bromley, Greater London BR1 3JJ5
£1.1M07/230.89 mi21, Hawes Road, Bromley, Greater London BR1 3JS5
£771K02/210.93 mi44b, Foxgrove Road, Beckenham, Greater London BR3 5DB5
£750K05/220.95 mi13, Woodbury Gardens, London, Greater London SE12 0ED5
£1.1M01/230.98 mi4, Station Road, Shortlands, Bromley, Greater London BR2 0EY5
£735K11/200.99 mi14, Scotts Avenue, Bromley, Greater London BR2 0LQ5

Local Rents

50 rents from £1.6K/mo to £8.2K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,10012/240.09 mi-3
£3,50003/240.11 miKings Avenue Bromley BR14
£3,88003/250.21 mi-4
£2,20012/240.23 mi-9
£7,50001/250.23 mi-7
£8,20012/240.23 mi-10
£4,50004/250.23 mi-5
£2,65004/250.25 mi-3
£2,60004/250.25 mi-3
£4,95003/240.27 miAvondale Road, Bromley, BR15
£4,95003/240.27 mi-5
£4,95003/240.27 mi-5
£3,00003/250.28 mi-4
£2,20003/240.33 miHillbrow Road, Bromley, BR13
£2,10003/240.33 miFlimwell Close, Bromley, BR14
£2,75003/240.35 miMadeira Avenue, Bromley, BR1 4AS4
£1,80004/240.35 miOaklands Road, Bromley, BR13
£2,00003/240.36 miThe Acorns, Ambleside, Bromley, Kent, BR13
£2,75003/240.37 miLondon Lane, Bromley, BR14
£2,50012/240.39 mi-4
£2,30004/250.4 mi-3
£2,35004/250.4 mi-3
£2,10003/240.42 miOaklands Road, Bromley, BR13
£1,90001/250.43 mi-3
£2,10004/240.43 miHeathfield Road, Bromley, BR13
£2,20012/240.44 mi-3
£2,20012/240.44 mi-3
£2,20002/250.46 mi-3
£2,34012/240.47 mi-3
£2,40002/240.48 mi-3
£2,40002/250.48 mi-3
£1,99004/240.48 mi-3
£1,99003/240.48 miCawston Court, Bromley, BR13
£2,00004/240.49 miMorgan Road Bromley BR13
£2,30012/240.51 mi-3
£3,35004/240.54 miDownham Way, Bromley, BR14
£3,30003/240.54 mi-4
£3,30012/240.54 mi-4
£2,00002/240.55 mi-3
£2,20002/250.55 mi-3
£1,99904/240.55 miMorgan Road, Bromley, BR13
£1,65012/240.56 mi-3
£3,20005/240.56 mi-5
£3,20012/240.56 mi-5
£3,27504/240.56 miCollege Road, Bromley, BR15
£5,00003/250.58 mi-6
£5,00004/250.58 mi-6
£2,35012/240.58 mi-3
£3,00003/250.59 mi-3
£2,00001/250.6 mi-3

Local Area Statistics

Population in BR1

55,931

Population in Bromley

55,947

Town centre distance

1.50 miles away

Nearest school

0.30 miles away

Nearest train station

0.78 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £900,000

January 31, 2025

Floor Plans

Description

  • Five bedroom detached house +
  • Two bathrooms +
  • Two spacious bright reception rooms +
  • Kitchen, utility room and W/C, family bathroom +
  • Private garden and large driveway +

Offered to the market with no onward chain this five bedroom, two bathroom detached house situated on a desirable road in Bromley North. The property comprises; entrance hallway, two spacious bright reception rooms, kitchen, utility room and W/C. To the first floor there are four double bedrooms one with ensuite, a single fifth room/study and a family bathroom. Externally there is a private garden and large driveway. The property has planning permission for a generous extension - Drawings available on request or via Bromley Planning portal. EPC: E

Freehold
COUNCIL TAX -
Construction -
Mains Services -
Heating System -
Broadband –
Mobile coverage -
Restrictive covenants –

• Five bedroom detached house
• Two bathrooms
• Two spacious bright reception rooms
• Kitchen, utility room and W/C, family bathroom
• Private garden and large driveway

Agent Details

Sinclair Hammelton, Bromley

020 3834 7896

Next Steps?

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