6 Bed Detached House, Refurb/BRRR, Bromley, BR1 2AJ, £1,900,000





ValuationOvervalued
Sold Prices | £805K - £3.3M |
Sold Prices/m² | £3.7K/m² - £9.8K/m² |
| |
Square Metres | ~186 m² |
Price/m² | £10.2K/m² |
Value Estimate | £924,757 |
| |
End Value (After Refurb) | £1,462,500 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £475,000 |
Stamp Duty & Legal Fees | £212,450 |
Refurb Costs | £98,400 |
Bridging Loan Interest | £49,875 |
Total Cash In | £837,475 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £1,462,500 |
Mortgage (After Refinance) | £1,096,875 |
Mortgage LTV | 75% |
Cash Left In | £837,475 |
Equity | £365,625 |
Rent Range | £1,890 - £8,300 |
Rent Estimate | £4,019 |
Running Costs/mo | £5,394 |
Cashflow/mo | £-1,375 |
Cashflow/yr | £-16,501 |
Gross Yield | 3% |
Local Sold Prices
29 sold prices from £805K to £3.3M, average is £1.8M. £3.7K/m² to £9.8K/m², average is £5.1K/m².
Local Rents
23 rents from £1.9K/mo to £8.3K/mo, average is £4K/mo.
Local Area Statistics
Population in BR1 | 55,931 |
Population in Bromley | 55,947 |
Town centre distance | 1.17 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.25 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +7% |
Sales demand | Balanced market |
Capital growth (5yrs) | +17% |
Property History
Price changed to £1,900,000
March 24, 2025
Listed for £2,000,000
February 10, 2025
Floor Plans

Description
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