2 Bed Flat, Single Let, Bromley, BR1 3SJ £375,000

Oaklands Road, Bromley, BR1 3SJ - 3 views - 9 months ago

Leasehold

BTL

~68 m²

ValuationOvervalued

Sold Prices	£180K - £500K
Sold Prices/m²	£4K/m² - £10.4K/m²

Square Metres	~68 m²
Price/m²	£5.5K/m²
Value Estimate	£352,830£352,830

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£93,750£93,750
Stamp Duty & Legal Fees	£28,700£28,700
Total Cash In	£122,450£122,450

Cash Out
Rent Range	£900 - £3,000£900 - £3,000
Rent Estimate	£1,500
Running Costs/mo	£1,492£1,492
Cashflow/mo	£8£8
Cashflow/yr	£98£98
ROI	0%0%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £180K to £500K, average is £368.3K. £4K/m² to £10.4K/m², average is £5.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£310K	12/24	0.09 mi	9 Inglewood Court, Flat 9, Oaklands Road, Bromley BR1 3SJ	£4,052	77	2	Flat
£325K	08/25	0.13 mi	Flat 9, 30 Bromley Court Flats, Oaklands Road, Bromley BR1 3SL	-	-	2	Flat
£307.5K	06/25	0.13 mi	45, Oaklands Road, Bromley BR1 3SJ	£4,212	73	2	Flat
£325.3K	03/23	0.16 mi	98a, London Road, Bromley, Greater London BR1 3RL	£5,514	59	2	Flat
£350K	07/23	0.22 mi	Flat 4, Cawston Court, Highland Road, Bromley, Greater London BR1 4AF	-	-	2	Flat
£312.5K	07/25	0.23 mi	Flat 24, 21 Redlands Court, London Lane, Bromley BR1 4HB	-	-	2	Flat
£370K	02/25	0.25 mi	38d, Madeira Avenue, Bromley BR1 4AY	£7,255	51	2	Flat
£475K	12/24	0.3 mi	14, Flat 5, Highland Road, Bromley BR1 4AD	£5,938	80	2	Flat
£245K	03/25	0.33 mi	91, Hope Park, Bromley BR1 3RG	£4,537	54	2	Flat
£320K	03/25	0.34 mi	64, London Road, Bromley BR1 3QZ	£4,444	72	2	Flat
£310K	06/21	0.34 mi	31, Weston Road, Bromley, Greater London BR1 3RH	£4,429	70	2	Flat
£223K	04/23	0.38 mi	85, Howard Road, Bromley, Greater London BR1 3QQ	£4,055	55	2	Flat
£375K	05/25	0.39 mi	Flat 4, 4, Blyth Road, Bromley BR1 3RX	£4,688	80	2	Flat
£375K	05/25	0.39 mi	Flat 4, 4, Blyth Road, Bromley BR1 3RX	-	-	2	Flat
£328K	12/24	0.39 mi	58a, Morgan Road, Bromley BR1 3QF	£5,290	62	2	Flat
£370K	01/25	0.47 mi	6, Flat 2, Farnaby Road, Bromley BR1 4BJ	£5,854	63	2	Flat
£500K	03/25	0.48 mi	Flat 1, 23, Hammelton Road, Bromley BR1 3PZ	£9,434	53	2	Flat
£435K	06/21	0.49 mi	27a, Meadow Road, Bromley, Greater London BR2 0DX	£10,357	42	2	Flat
£335K	08/21	0.49 mi	4a, Shortlands Gardens, Bromley, Greater London BR2 0EA	£5,154	65	2	Flat
£270K	10/21	0.56 mi	Flat 16, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG	-	-	2	Flat
£287.5K	08/23	0.56 mi	Flat 15, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG	-	-	2	Flat
£325K	01/25	0.57 mi	47 Warwick Court, Flat 6, Park Hill Road, Shortlands, Bromley BR2 0LB	£6,132	53	2	Flat
£375K	05/23	0.58 mi	5, West Oak, Beckenham, Greater London BR3 5EZ	£6,188	61	2	Flat
£377.5K	03/25	0.59 mi	13a, Glebe Road, Bromley BR1 3NT	£5,720	66	2	Flat
£368.3K	05/25	0.59 mi	6, Hill House, Hill House Mews, Bromley BR2 0DE	£6,659	55	2	Flat
£368.3K	05/25	0.59 mi	6, Hill House, Hill House Mews, Bromley BR2 0DE	-	-	2	Flat
£290K	04/25	0.6 mi	Flat 6, 5 Glebe Knoll, Beckenham Lane, Bromley BR2 0DA	-	-	2	Flat
£450K	03/25	0.6 mi	Flat 1, 5 Glebe Knoll, Beckenham Lane, Bromley BR2 0DA	£6,923	65	2	Flat
£290K	04/25	0.6 mi	Flat 6, 5 Glebe Knoll, Beckenham Lane, Bromley BR2 0DA	£5,918	49	2	Flat
£280K	08/21	0.63 mi	37a, Martins Road, Bromley, Greater London BR2 0EE	£4,828	58	2	Flat
£437.5K	03/25	0.65 mi	Flat 6, 51 Magnolia Court, The Avenue, Beckenham BR3 5EE	£6,250	70	2	Flat
£180K	08/23	0.66 mi	7, Brook Lane, Bromley, Greater London BR1 4PU	-	-	2	Flat
£407.5K	08/25	0.66 mi	11, Dairy Close, Bromley BR1 4DW	-	-	2	Flat
£360K	02/25	0.66 mi	St James Court, Flat 4, Edison Road, Bromley, Greater London BR2 0EZ	£4,979	72	2	Flat
£350K	03/25	0.66 mi	6, 54 Coniston Court, Foxgrove Road, Beckenham BR3 5DD	£5,645	62	2	Flat
£365K	03/23	0.68 mi	29a, Lansdowne Road, Bromley, Greater London BR1 3PG	£5,887	62	2	Flat
£395K	06/21	0.69 mi	15, Hildenlea Place, Bromley, Greater London BR2 0YH	£5,127	77	2	Flat
£300K	03/25	0.69 mi	Flat 18, Beeches Court, Avondale Road, Bromley BR1 4ER	£4,478	67	2	Flat
£460K	06/25	0.7 mi	5, 72 Sandford Close, The Avenue, Beckenham BR3 5ES	£6,133	75	2	Flat
£460K	06/25	0.7 mi	5, 72 Sandford Close, The Avenue, Beckenham BR3 5ES	-	-	2	Flat
£287.5K	04/25	0.71 mi	14, Nesbit Court, Medhurst Drive, Bromley BR1 4TL	£5,324	54	2	Flat
£400K	12/24	0.71 mi	1 Luca Court, Flat 6, Mays Hill Road, Shortlands, Bromley BR2 0AP	£5,479	73	2	Flat
£378K	05/25	0.72 mi	Flat 5, 9 Squirrels Drey, Park Hill Road, Shortlands, Bromley BR2 0JX	£4,395	86	2	Flat
£378K	05/25	0.72 mi	Flat 5, 9 Squirrels Drey, Park Hill Road, Shortlands, Bromley BR2 0JX	-	-	2	Flat
£390K	06/25	0.72 mi	Flat 5, 70 Carey Court, The Avenue, Beckenham BR3 5ES	£4,937	79	2	Flat
£390K	06/25	0.72 mi	Flat 5, 70 Carey Court, The Avenue, Beckenham BR3 5ES	-	-	2	Flat
£390K	03/25	0.73 mi	Flat 55, Northpoint, Sherman Road, Bromley BR1 3JN	£4,021	97	2	Flat
£430K	06/21	0.73 mi	48a, Valley Road, Bromley, Greater London BR2 0HD	£5,707	75	2	Flat
£430K	11/22	0.73 mi	52a, Valley Road, Bromley, Greater London BR2 0HD	-	-	2	Flat
£423K	07/23	0.75 mi	6, Pump House Close, Bromley, Greater London BR2 0LA	£6,689	63	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£1,700	03/24	0.04 mi	Palisade Court, 14 Oaklands Road, BROMLEY, BR1	2	Flat
£1,525	08/25	0.05 mi	Oaklands Road, Bromley, BR1	2	Flat
£1,600	10/25	0.05 mi	Beaconshaw, 11 Oaklands Road, Bromley, Kent, BR13TW	2	Flat
£1,750	10/25	0.1 mi	Cedarhurst, Elstree Hill, Bromley, BR1	2	Terraced House
£1,750	11/25	0.1 mi	Cedarhurst, Elstree Hill, Bromley, BR1	2	House
£1,650	04/24	0.1 mi	-	2	Terraced House
£1,650	03/24	0.1 mi	Cedarhurst, Bromley, BR1	2	Terraced House
£1,850	06/25	0.11 mi	London Road, Bromley, BR1	2	Flat
£1,850	10/25	0.11 mi	London Road, Bromley, BR1	2	Flat
£1,750	09/25	0.12 mi	-	2	Flat
£1,900	11/25	0.12 mi	-	2	Flat
£1,700	07/25	0.12 mi	Oaklands Road, Bromley, BR1	2	Flat
£1,600	11/25	0.13 mi	London Road, Bromley, Kent, BR1	2	Flat
£1,750	10/25	0.13 mi	Wolsey Court, London Road, Bromley, Kent, BR1	2	Flat
£1,700	10/25	0.14 mi	Oaklands Court (PP476), Bromley, BR1	2	Flat
£3,000	02/25	0.15 mi	-	2	Flat
£2,750	05/25	0.15 mi	-	2	Flat
£1,550	07/25	0.17 mi	Glen Court, Grasmere Road, BROMLEY, BR1	2	Flat
£1,650	03/24	0.18 mi	London Lane, Bromley, BR1	2	Flat
£1,575	03/24	0.18 mi	-	2	Flat
£1,500	03/24	0.18 mi	-	2	Flat
£1,500	03/24	0.18 mi	Mavery Court, Bromley, BR1	2	Flat
£1,500	07/25	0.21 mi	Grasmere Road, Bromley, Kent, BR1	2	Flat
£1,500	09/25	0.21 mi	Grasmere Road, Bromley, Kent, BR1	2	Flat
£2,000	09/25	0.21 mi	Grasmere Road, Bromley, BR1	2	Flat
£1,850	09/25	0.21 mi	Grasmere Road, Bromley, BR1	2	Flat
£1,695	09/25	0.21 mi	Grasmere Road Bromley BR1	2	Flat
£1,700	08/25	0.23 mi	-	2	Flat
£1,600	10/24	0.25 mi	Bromley Hill, Bromley, BR1	2	Flat
£1,800	03/25	0.26 mi	-	2	Flat
£1,650	09/25	0.26 mi	Highland Road, Bromley, BR1	2	Flat
£2,000	10/25	0.26 mi	-	2	Flat
£2,200	11/25	0.26 mi	-	2	Flat
£2,100	11/25	0.26 mi	-	2	Flat
£1,895	06/25	0.27 mi	Madeira Avenue Bromley BR1	2	Flat
£900	12/24	0.28 mi	-	2	Flat
£1,700	02/25	0.3 mi	-	2	Flat
£1,750	06/25	0.3 mi	Highland Road, Bromley, BR1	2	Flat
£1,500	07/25	0.33 mi	Park End, Bromley, BR1	2	Flat
£1,500	07/25	0.33 mi	Park End, Bromley, BR1	2	Flat
£1,500	07/25	0.33 mi	-	2	Flat
£1,600	11/25	0.33 mi	Weston Road, Bromley, Bromley, BR1	2	Flat
£1,600	11/25	0.33 mi	Weston Road, Bromley, Bromley, BR1	2	Flat
£1,500	03/24	0.33 mi	-	2	Flat
£1,650	06/25	0.33 mi	-	2	Flat
£1,750	05/25	0.33 mi	Weston Road, Bromley, BR1	2	Flat
£1,700	01/25	0.34 mi	-	2	Terraced House
£1,700	02/25	0.34 mi	-	2	Terraced House
£1,950	11/25	0.34 mi	Park End, Bromley, BR1	2	Terraced House
£1,550	03/24	0.35 mi	Bromley Hill, Bromley, London, BR1	2	Flat

Local Area Statistics

Population in BR1	55,93155,931
Population in Bromley	55,94755,947
Town centre distance	1.31 miles away1.31 miles away
Nearest school	0.50 miles away0.50 miles away
Nearest train station	0.49 miles away0.49 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+1%+1%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+15%+15%

Property History

Listed for £375,000

February 18, 2025

Floor Plans

Description

Chain free +
Victorian conversion +
Two bedrooms +
Communal gardens +
First floor +
Bromley North Station +
EPC Rating: D +

CHAIN FREE.This well presented first floor two bedroom Victorian conversion flat on a popular residential road located close to local amenities, Bromley North & Shortlands Station

Agent Details

Kinleigh Folkard & Hayward - Sales, Bromley

020 3835 6379

Next Steps?

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

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