2 Bed Flat, Single Let, Bromley, BR1 4BS, £300,000

Warren Avenue, Bromley, BR1 4BS - 1 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£180K - £485K
Sold Prices/m²£3.5K/m² - £10.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£352,220
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£900 - £3,000

Rent Estimate

£1,550

Running Costs/mo

£1,268

Cashflow/mo

£283

Cashflow/yr

£3,390

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £180K to £485K, average is £350K. £3.5K/m² to £10.4K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£360K11/200.2 mi166, Farnaby Road, Bromley, Greater London BR2 0BB2
£325.3K03/230.28 mi98a, London Road, Bromley, Greater London BR1 3RL2
£355K12/200.29 mi38d, Madeira Avenue, Bromley, Greater London BR1 4AY2
£265K03/210.32 miFlat 4, Cawston Court, Highland Road, Bromley, Greater London BR1 4AF2
£350K07/230.32 miFlat 4, Cawston Court, Highland Road, Bromley, Greater London BR1 4AF2
£285K03/210.36 mi14, Madeira Avenue, Bromley, Greater London BR1 4AZ2
£297.5K03/210.43 miFlat 9, Karen Court, Blyth Road, Bromley, Greater London BR1 3RZ2
£300K05/210.43 miFlat 10, Karen Court, Blyth Road, Bromley, Greater London BR1 3RZ2
£238K11/200.43 mi91, Hope Park, Bromley, Greater London BR1 3RG2
£335K03/210.44 mi54, Hope Park, Bromley, Greater London BR1 3RQ2
£310K06/210.45 mi31, Weston Road, Bromley, Greater London BR1 3RH2
£265K04/210.45 mi33, Weston Grove, Bromley, Greater London BR1 3RJ2
£435K06/210.47 mi27a, Meadow Road, Bromley, Greater London BR2 0DX2
£375K05/230.47 mi5, West Oak, Beckenham, Greater London BR3 5EZ2
£223K04/230.49 mi85, Howard Road, Bromley, Greater London BR1 3QQ2
£335K08/210.5 mi4a, Shortlands Gardens, Bromley, Greater London BR2 0EA2
£350K12/200.52 mi24, Cadogan Close, Beckenham, Greater London BR3 5XY2
£340K04/210.52 mi44b, Morgan Road, Bromley, Greater London BR1 3QF2
£325K11/200.52 mi78a, Morgan Road, Bromley, Greater London BR1 3QF2
£285K11/200.56 mi150, Blyth Road, Bromley, Greater London BR1 3RT2
£375K11/200.56 mi16a, Hammelton Road, Bromley, Greater London BR1 3PY2
£350K01/210.57 mi44b, Hammelton Road, Bromley, Greater London BR1 3PY2
£270K10/210.59 miFlat 16, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£287.5K08/230.59 miFlat 15, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£395K06/210.63 mi15, Hildenlea Place, Bromley, Greater London BR2 0YH2
£280K08/210.63 mi37a, Martins Road, Bromley, Greater London BR2 0EE2
£351K01/210.64 miFlat 17, Weymouth House, Hill House Mews, Bromley, Greater London BR2 0DD2
£357K11/200.64 miThe First And Second Floor Flat, 108, College Road, Bromley, Greater London BR1 3PF2
£357K11/200.65 miThe First And Second Floor Flat, 108, College Road, Bromley, Greater London BR1 3PF2
£400K06/230.7 miFlat 1, Cranley Court, Beckenham Grove, Bromley, Greater London BR2 0JZ2
£430K06/210.71 mi48a, Valley Road, Bromley, Greater London BR2 0HD2
£375K03/210.72 miFlat 1, St James Court, Edison Road, Bromley, Greater London BR2 0EZ2
£430K11/220.72 mi52a, Valley Road, Bromley, Greater London BR2 0HD2
£330K12/200.73 mi24b, Cambridge Road, Bromley, Greater London BR1 4EA2
£350K04/210.75 mi5, Pump House Close, Bromley, Greater London BR2 0LA2
£423K07/230.75 mi6, Pump House Close, Bromley, Greater London BR2 0LA2
£180K08/230.77 mi7, Brook Lane, Bromley, Greater London BR1 4PU2
£235K03/210.77 miFlat 23, Newman Court, North Street, Bromley, Greater London BR1 1BQ2
£365K03/230.8 mi29a, Lansdowne Road, Bromley, Greater London BR1 3PG2
£302.5K03/210.81 mi4, Glassmill Lane, Bromley, Greater London BR2 0EJ2
£375K04/210.82 mi8, Apex Close, Beckenham, Greater London BR3 5TU2
£380K02/210.82 mi6, Apex Close, Beckenham, Greater London BR3 5TU2
£395K03/210.82 mi28, Apex Close, Beckenham, Greater London BR3 5TU2
£375K04/230.82 mi40, Apex Close, Beckenham, Greater London BR3 5TU2
£415K01/230.82 mi17, Apex Close, Beckenham, Greater London BR3 5TU2
£275K03/230.84 mi277, Downham Way, Bromley, Greater London BR1 5EN2
£485K03/210.84 mi7b, Church Road, Shortlands, Bromley, Greater London BR2 0HP2
£350K08/230.86 mi39, Lankton Close, Beckenham, Greater London BR3 5DZ2
£427.5K02/230.91 mi12, Foxes Dale, Bromley, Greater London BR2 0JS2
£415K04/210.92 mi33, Waylands Mead, Beckenham, Greater London BR3 5XT2

Local Rents

50 rents from £900/mo to £3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,65003/240.13 miCedarhurst, Bromley, BR12
£1,65004/240.13 mi-2
£1,70003/240.16 miPalisade Court, 14 Oaklands Road, BROMLEY, BR12
£3,00002/250.23 mi-2
£1,85004/250.23 mi-2
£1,57503/240.28 mi-2
£1,50003/240.28 mi-2
£1,50003/240.28 miMavery Court, Bromley, BR12
£90012/240.28 mi-2
£1,80003/250.28 mi-2
£1,60001/250.29 mi-2
£1,65003/240.3 miLondon Lane, Bromley, BR12
£1,50003/240.33 mi-2
£1,70003/240.33 miHighland Road, Bromley, BR12
£1,90003/240.35 mi-2
£1,55003/240.35 miBromley Hill, Bromley, London, BR12
£1,70002/250.41 mi-2
£1,70001/250.42 mi-2
£1,70002/250.42 mi-2
£1,80004/250.44 mi-2
£1,75004/240.45 miMeadow Road, Bromley, BR22
£1,95004/240.45 mi4 Blyth Road, Bromley, Kent, BR12
£1,95003/240.45 miBlyth Road Bromley BR12
£1,95003/240.45 miBlyth Road, Bromley, BR12
£1,95003/240.46 miGlenbow Road, Bromley2
£1,50003/240.46 miWeston Grove, Bromley, BR12
£2,65003/250.47 mi-2
£1,75003/240.47 miMeadow Road, Bromley, BR22
£1,65012/240.47 mi-2
£1,80001/250.47 mi-2
£2,30003/250.48 mi-2
£1,65003/240.48 miMooreland Road Bromley BR12
£2,10003/240.49 miAlbemarle Road Beckenham BR32
£1,60001/250.49 mi-2
£1,70004/240.49 miFarnaby Road, Bromley, BR12
£1,80002/250.49 mi-2
£1,50003/240.5 miShortlands Gardens, Shortlands, Bromley, BR22
£1,55004/240.5 miBromley Road, Shortlands, Bromley, BR22
£1,60003/250.5 mi-2
£1,65012/240.54 mi-2
£1,55003/240.55 miFoxgrove Road, Beckenham, BR3 5DD2
£1,70003/240.55 miScotts Road, Bromley, BR12
£1,69512/240.55 mi-2
£2,00002/240.55 mi-2
£1,50004/250.55 mi-2
£1,89503/250.56 mi-2
£1,95004/250.56 mi-2
£1,85003/240.56 miScotts Road, Bromley, BR12
£1,60012/240.57 mi-2
£1,70004/240.57 miHammelton Road, Bromley, BR12

Local Area Statistics

Population in BR1

55,931

Population in Bromley

55,947

Town centre distance

1.39 miles away

Nearest school

0.50 miles away

Nearest train station

0.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £300,000

February 14, 2025

Floor Plans

Description

  • Please Quote Ref TH0310 For All Enquiries +
  • Gorgeous Two Double Bedroom Top Floor Conversion (754 Sq.Ft) +
  • Sought After Residential Location +
  • Character Appeal and Modern Interiors +
  • Bright and Spacious Reception/Dining Room +
  • Separate Well Equipped Kitchen +
  • Bathroom and Principal En-Suite +
  • Shared Garden +
  • Close to Ravensbourne and Shortlands Stations +
  • Easy Access Shops, Schools and Amenities +

Please Quote Ref TH0310 For All Enquiries - GUIDE PRICE £300K - £325K - Gorgeous two double bedroom top floor period conversion flat (754 Sq.Ft) with access to a delightful shared garden, superbly situated in a popular residential location within easy reach of excellent transport links and amenities.  The property has been beautifully maintained and appointed by the current owners, offering spacious accommodation with a wealth of character appeal and modern interiors throughout.  Flowing living space creates the perfect blend of comfort and convenience, with fantastic space for a modern lifestyle.  Features include an inviting reception/dining room, well equipped kitchen, family bathroom, principal en-suite, gas central heating, double glazing, and quality floor coverings and neutral decor.   Accommodation comprises entrance hall with skylight window and inbuilt storage, leading into the generous reception room with ample space for relaxing and entertaining.  The separate kitchen comprises a range of matching white fronted wall and base units with work surfaces incorporating inset sink unit, gas hob with oven below, and further space for appliances.  There are two well sized double bedrooms,each with inbuilt storage, and en-suite bathroom to the larger room, plus a family bathroom with white three piece suite.   The property is very conveniently located within easy reach of both Ravensbourne and Shortlands stations, as well as numerous regular bus routes connecting the surrounding area.  Beckenham is close-by offering an excellent variety of shops, bars, restaurants and amenities, including a cinema, with Bromley town centre also close-by for a wider range of branded shopping and leisure facilities.  The area is also well served by beautiful open spaces including nearby Beckenham Place Park, and excellent local schools.  Viewings are highly recommended.   Lease Term: To be sold with 125 year lease.   Service Charge:  £1,083 per annum. Ground Rent:   £200 per annum. All prospective purchasers are advised to make their own enquiries via a solicitor.

Agent Details

Thomas Howe Property, Powered by eXp UK, Beckenham

020 8138 0214

Next Steps?

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