2 Bed Semi-Detached House, Single Let, Bromley, BR1 2RH, £290,000

Widmore Road, Bromley, BR1 2RH - 6 views - 2 months ago

Auction
BTL
ROI: 4%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£332K - £620K
Sold Prices/m²£3.9K/m² - £9.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.3K/m²

Value Estimate

£353,800
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£17,700

Total Cash In

£90,200

 

 

Cash Out

 

Rent Range

£1,275 - £3,500

Rent Estimate

£1,500

Running Costs/mo

£1,226

Cashflow/mo

£274

Cashflow/yr

£3,285

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £332K to £620K, average is £460.5K. £3.9K/m² to £9.2K/m², average is £6.4K/m².

PriceDateDistanceAddressBeds 
£450K11/200.23 mi44, Nightingale Lane, Bromley, Greater London BR1 2SB2
£600K01/230.25 mi122, Plaistow Lane, Sundridge, Bromley, Greater London BR1 3AS2
£540K04/230.29 mi159, Tylney Road, Bromley, Greater London BR1 2SD2
£555K12/220.32 mi27, Canon Road, Bromley, Greater London BR1 2SJ2
£425K12/200.32 mi5, Canon Road, Bromley, Greater London BR1 2SJ2
£360K02/210.33 mi66, Liddon Road, Bromley, Greater London BR1 2SS2
£400K12/200.33 mi68, Liddon Road, Bromley, Greater London BR1 2SS2
£410K03/230.34 mi38, Liddon Road, Bromley, Greater London BR1 2SS2
£450K12/220.34 mi37, Liddon Road, Bromley, Greater London BR1 2SR2
£368K06/210.41 mi202, Homesdale Road, Bromley, Greater London BR1 2QZ2
£469K08/230.41 mi228, Homesdale Road, Bromley, Greater London BR1 2QZ2
£515K05/230.5 mi53, Godwin Road, Bromley, Greater London BR2 9LG2
£385K01/210.5 mi29, Mornington Avenue, Bromley, Greater London BR1 2RE2
£425K12/200.5 mi41, Mornington Avenue, Bromley, Greater London BR1 2RE2
£365K05/210.52 mi3, Carlyle Avenue, Bromley, Greater London BR1 2RB2
£475K10/210.53 mi3, Plymouth Road, Bromley, Greater London BR1 3JD2
£465K02/230.54 mi13, Haxted Road, Bromley, Greater London BR1 3LD2
£470K06/230.54 mi25, Henry Street, Bromley, Greater London BR1 3JB2
£422.5K03/210.55 mi41, Wharton Road, Bromley, Greater London BR1 3LE2
£332K06/210.57 mi78, Wharton Road, Bromley, Greater London BR1 3LF2
£430K09/210.59 mi94, Palace Road, Bromley, Greater London BR1 3JX2
£435K09/230.59 mi73, Palace Road, Bromley, Greater London BR1 3JX2
£435K01/230.6 mi22, Palace Road, Bromley, Greater London BR1 3JT2
£335K11/210.61 mi62, Palace Road, Bromley, Greater London BR1 3JU2
£461K11/210.61 mi17, Woldham Road, Bromley, Greater London BR2 9LA2
£407K03/210.61 mi23, Woldham Road, Bromley, Greater London BR2 9LA2
£430K12/220.65 mi9, Woldham Place, Bromley, Greater London BR2 9LF2
£380K12/200.65 mi13, Woldham Place, Bromley, Greater London BR2 9LF2
£475K06/210.66 mi15, Havelock Road, Bromley, Greater London BR2 9NY2
£470K06/230.67 mi5, Haywood Road, Bromley, Greater London BR2 9RG2
£620K04/230.67 mi38, Bickley Crescent, Bromley, Greater London BR1 2DW2
£415K09/210.68 miOak Cottage, Groom Close, Bromley, Greater London BR2 9JN2
£550K12/220.68 mi34, Havelock Road, Bromley, Greater London BR2 9NZ2
£460K12/200.69 mi3, Bickley Crescent, Bromley, Greater London BR1 2DN2
£470K12/220.69 mi8, Napier Road, Bromley, Greater London BR2 9JA2
£425K06/210.69 mi71, Havelock Road, Bromley, Greater London BR2 9NY2
£472.5K11/200.69 mi39, Napier Road, Bromley, Greater London BR2 9JA2
£490K09/230.7 mi18, Lansdowne Road, Bromley, Greater London BR1 3LZ2
£508K12/200.71 mi11, Elliott Road, Bromley, Greater London BR2 9NT2
£500K11/220.72 mi7b, Edward Road, Bromley, Greater London BR1 3NG2
£445K08/230.72 mi16, Prospect Place, Bromley, Greater London BR2 9HN2
£447.5K04/230.74 mi106a, Southlands Road, Bromley, Greater London BR2 9QY2
£476K04/230.74 mi136, Southlands Road, Bromley, Greater London BR2 9QY2
£405K03/230.74 mi14, Devonshire Square, Bromley, Greater London BR2 9HX2
£510K10/210.77 mi5, Drake Mews, Bromley, Greater London BR2 9NA2
£470K01/210.77 mi13, Drake Mews, Bromley, Greater London BR2 9NA2
£480K05/230.77 mi1, Drake Mews, Bromley, Greater London BR2 9NA2
£475K12/220.77 mi3, Wellington Road, Bromley, Greater London BR2 9NG2
£470K01/230.81 mi7, Plaistow Grove, Bromley, Greater London BR1 3PB2
£485K11/210.81 mi10, Plaistow Grove, Bromley, Greater London BR1 3PB2

Local Rents

50 rents from £1.3K/mo to £3.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80002/250.03 mi-2
£1,27512/240.03 mi-2
£1,87504/250.16 mi-2
£1,55002/240.17 mi-2
£1,55002/240.17 mi-2
£1,70004/250.17 mi-2
£1,65003/240.19 mi-2
£2,00003/240.21 miSundridge Avenue, Bromley, BR12
£1,80001/250.22 mi-2
£1,55012/240.26 mi-2
£1,80003/240.27 mi-2
£1,80003/240.27 miFarrier Close, Bromley/Bckley, BR12
£1,90503/250.27 mi-2
£1,70012/240.29 miWidmore Road, Bromley, BR12
£1,70004/240.3 miCanon Road Bromley BR12
£1,75004/240.32 mi-2
£1,75004/240.32 miNapoleon House, Bromley, BR12
£1,79503/240.33 miLiddon Road, Bromley, BR12
£1,55012/240.34 mi-2
£2,00003/240.38 miHomesdale Road BR12
£2,00003/240.38 miHomesdale Road BR12
£2,00003/240.4 miPage Heath Lane, Bromley, Kent, BR12
£1,40003/240.41 miHomesdale Road, Bromley, BR12
£1,50003/240.41 miHomesdale Road, Bromley, BR12
£1,65003/240.41 miHomesdale Road, Bromley2
£1,70003/240.41 miFreelands Road Bromley BR12
£1,65004/250.43 mi-2
£2,00004/240.44 miMarian Gardens, Bromley2
£2,00004/240.44 miMarian Gardens, Bromley2
£1,50003/240.45 miDainton Close, Bromley2
£1,95002/250.45 mi-2
£1,80001/250.45 mi-2
£2,80012/240.45 mi-2
£2,25012/240.45 mi-2
£2,50001/250.45 mi-2
£2,25002/250.45 mi-2
£1,60003/240.45 miWinston Court, Widmore Road, Bromley, BR12
£2,30001/250.46 mi-2
£2,00002/250.46 mi-2
£1,55003/240.49 miWaldo Road, Bromley, Kent, BR12
£3,50003/250.51 mi-2
£1,70003/240.53 miFreelands Grove, Bromley, BR12
£1,75003/240.54 miGundulph Road, Bromley, BR22
£1,65003/240.55 miWharton Road, Bromley, BR12
£1,65004/240.55 miWharton Road, Bromley, BR12
£1,80003/250.56 mi-2
£1,50003/240.57 miWoodlands Road Bromley BR12
£1,60003/240.58 miNorth Road, Bromley, BR12
£1,60004/240.58 mi-2
£1,65003/240.59 miPlaistow Lane, Bromley2

Local Area Statistics

Population in BR1

55,931

Population in Bromley

55,947

Town centre distance

0.48 miles away

Nearest school

0.20 miles away

Nearest train station

0.60 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £290,000

March 5, 2025

Description

  • This sale is conditional and is subject to confirmation by the seller, who will accept or decline the highest bid no longer than two working days from the bidding closing time  +
  • This listing is provided in association with Foxtons, London's leading estate agent. +
  • Wonderful two bedroom end of terrace house +
  • South-facing garden and roof terrace +
  • Kitchen with modern fittings and finish +
  • Multiple excellent primary and secondary schools +
  • Two double bedrooms +
  • Contemporary bathroom +
  • Gross internal floor area is approximately 563 Sq Ft (52.30 Sq M) +
  • Online Auction on Thursday, 20 March 2025 +

This wonderful two bedroom end of terrace house boasts a bright and stylish reception room, separate modern kitchen, private garden and a roof terrace, two sizeable double bedrooms and a sleek bathroom. Additional Comments BidX1 and Foxtons are working in Partnership as Joint Agents for the online auction and due to this any enquiries, viewings, bids or offers on the property will require your details to be shared between both Bidx1 & Foxtons. Viewings are by appointment only unless open house times are displayed, please contact us to book your appointment with our Auction teams. Subject to confirmation This means the buyer is invited to place a bid at or above the opening bid price of the listed property. Once bidding is closed, the vendor has 48 hours to decide if they want to accept the highest bid or not. If you are not the highest bidder your participation fee will be refunded in full within a maximum of 5 business days (unless delayed by the card provider) post the bidding closing time. If you are successful following vendor acceptance, in accordance with the authority you provided on registration, BidX1 will sign legally binding contracts relating to the sale of the property on behalf of you and the vendor.

Location:
Located in the residential area of Bromley, this property offers access to local shops and restaurants close by, as well as a short walk to Bromley town centre and Bromley South Station. There are also multiple primary and secondary schools nearby.

Accomodation:
Ground floor: reception/dining room, kitchen, bathroom, garden.
First floor: two bedrooms, roof terrace.

Online Auction on Thursday, 20 March 2025. For further information, such as legal documents and property information, please visit bidx1.com.

Agent Details

BidX1, London

020 3910 6202

Next Steps?

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