2 Bed Flat, Planning Permission, Bromley, BR1 3UD, £420,000

Oaklands Road, Bromley, BR1 3UD - a month ago

Leasehold
Planning
~68 m²
+11 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£6.2K/m²

Value Estimate

£352,220

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£105,000

Stamp Duty & Legal Fees

£30,700

Total Cash In

£135,700

 

 

Cash Out

 

Rent Range

£900 - £3,000

Rent Estimate

£1,500

Running Costs/mo

£1,633

Cashflow/mo

£-132

Cashflow/yr

£-1,590

Gross Yield

4%

Local Sold Prices

46 sold prices from £180K to £485K, average is £332.5K. £3.5K/m² to £10.4K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£325.3K03/230.12 mi98a, London Road, Bromley, Greater London BR1 3RL2
£265K03/210.25 miFlat 4, Cawston Court, Highland Road, Bromley, Greater London BR1 4AF2
£350K07/230.25 miFlat 4, Cawston Court, Highland Road, Bromley, Greater London BR1 4AF2
£238K11/200.3 mi91, Hope Park, Bromley, Greater London BR1 3RG2
£335K03/210.33 mi54, Hope Park, Bromley, Greater London BR1 3RQ2
£310K06/210.34 mi31, Weston Road, Bromley, Greater London BR1 3RH2
£223K04/230.35 mi85, Howard Road, Bromley, Greater London BR1 3QQ2
£355K12/200.36 mi38d, Madeira Avenue, Bromley, Greater London BR1 4AY2
£265K04/210.37 mi33, Weston Grove, Bromley, Greater London BR1 3RJ2
£340K04/210.37 mi44b, Morgan Road, Bromley, Greater London BR1 3QF2
£325K11/200.37 mi78a, Morgan Road, Bromley, Greater London BR1 3QF2
£360K11/200.41 mi166, Farnaby Road, Bromley, Greater London BR2 0BB2
£297.5K03/210.42 miFlat 9, Karen Court, Blyth Road, Bromley, Greater London BR1 3RZ2
£300K05/210.42 miFlat 10, Karen Court, Blyth Road, Bromley, Greater London BR1 3RZ2
£285K03/210.44 mi14, Madeira Avenue, Bromley, Greater London BR1 4AZ2
£357K11/200.49 miThe First And Second Floor Flat, 108, College Road, Bromley, Greater London BR1 3PF2
£375K11/200.49 mi16a, Hammelton Road, Bromley, Greater London BR1 3PY2
£357K11/200.49 miThe First And Second Floor Flat, 108, College Road, Bromley, Greater London BR1 3PF2
£350K01/210.51 mi44b, Hammelton Road, Bromley, Greater London BR1 3PY2
£180K08/230.55 mi7, Brook Lane, Bromley, Greater London BR1 4PU2
£330K12/200.56 mi24b, Cambridge Road, Bromley, Greater London BR1 4EA2
£285K11/200.58 mi150, Blyth Road, Bromley, Greater London BR1 3RT2
£335K08/210.58 mi4a, Shortlands Gardens, Bromley, Greater London BR2 0EA2
£435K06/210.59 mi27a, Meadow Road, Bromley, Greater London BR2 0DX2
£270K10/210.63 miFlat 16, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£287.5K08/230.63 miFlat 15, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£365K03/230.64 mi29a, Lansdowne Road, Bromley, Greater London BR1 3PG2
£351K01/210.65 miFlat 17, Weymouth House, Hill House Mews, Bromley, Greater London BR2 0DD2
£275K03/230.66 mi277, Downham Way, Bromley, Greater London BR1 5EN2
£375K05/230.69 mi5, West Oak, Beckenham, Greater London BR3 5EZ2
£235K03/210.7 miFlat 23, Newman Court, North Street, Bromley, Greater London BR1 1BQ2
£375K03/210.71 miFlat 1, St James Court, Edison Road, Bromley, Greater London BR2 0EZ2
£280K08/210.72 mi37a, Martins Road, Bromley, Greater London BR2 0EE2
£350K12/200.72 mi24, Cadogan Close, Beckenham, Greater London BR3 5XY2
£286K03/230.75 miFlat 17, Sundridge House, Burnt Ash Lane, Bromley, Greater London BR1 5AE2
£320K10/210.76 mi212, Southover, Bromley, Greater London BR1 4SE2
£395K06/210.8 mi15, Hildenlea Place, Bromley, Greater London BR2 0YH2
£310K09/210.82 mi38, Palace Road, Bromley, Greater London BR1 3JT2
£430K06/210.82 mi48a, Valley Road, Bromley, Greater London BR2 0HD2
£430K11/220.83 mi52a, Valley Road, Bromley, Greater London BR2 0HD2
£350K04/210.84 mi5, Pump House Close, Bromley, Greater London BR2 0LA2
£423K07/230.84 mi6, Pump House Close, Bromley, Greater London BR2 0LA2
£302.5K03/210.84 mi4, Glassmill Lane, Bromley, Greater London BR2 0EJ2
£400K06/230.88 miFlat 1, Cranley Court, Beckenham Grove, Bromley, Greater London BR2 0JZ2
£264K02/210.96 mi7, Dainton Close, Bromley, Greater London BR1 3JA2
£485K03/210.98 mi7b, Church Road, Shortlands, Bromley, Greater London BR2 0HP2

Local Rents

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

RentDateDistanceAddressBeds 
£1,85004/250.02 mi-2
£1,65003/240.09 miLondon Lane, Bromley, BR12
£1,70003/240.1 miPalisade Court, 14 Oaklands Road, BROMLEY, BR12
£1,65004/240.11 mi-2
£1,65003/240.11 miCedarhurst, Bromley, BR12
£3,00002/250.22 mi-2
£2,75004/250.22 mi-2
£1,57503/240.23 mi-2
£1,50003/240.23 mi-2
£1,50003/240.23 miMavery Court, Bromley, BR12
£90012/240.24 mi-2
£1,50003/240.28 mi-2
£1,70002/250.28 mi-2
£1,55003/240.3 miBromley Hill, Bromley, London, BR12
£1,70003/240.31 miHighland Road, Bromley, BR12
£1,80004/250.33 mi-2
£1,60001/250.33 mi-2
£1,80003/250.35 mi-2
£1,50004/240.37 miPark Avenue, Bromley, BR12
£1,50003/240.37 miWeston Grove, Bromley, BR12
£1,95003/240.38 miGlenbow Road, Bromley2
£2,65003/250.38 mi-2
£1,65003/240.38 miMooreland Road Bromley BR12
£1,70001/250.39 mi-2
£1,70002/250.39 mi-2
£2,00002/240.39 mi-2
£1,65012/240.4 mi-2
£1,69504/250.41 mi-2
£1,95004/240.42 mi4 Blyth Road, Bromley, Kent, BR12
£1,70003/240.43 miScotts Road, Bromley, BR12
£1,95003/240.43 miBlyth Road Bromley BR12
£2,00004/250.43 mi-2
£1,60003/240.43 miFairfield Road, Bromley, BR12
£1,95003/240.43 miBlyth Road, Bromley, BR12
£1,89503/250.44 mi-2
£1,79503/250.44 mi-2
£1,85003/240.44 miScotts Road, Bromley, BR12
£1,65012/240.45 mi-2
£1,80002/250.46 mi-2
£1,60001/250.47 mi-2
£1,80003/240.47 miRangefield Road, Bromley2
£1,80003/240.49 miCollege Road, Sundridge Park, Bromley, BR12
£1,70004/240.49 miHammelton Road, Bromley, BR12
£1,80012/240.5 mi-2
£1,60012/240.5 mi-2
£1,70012/240.52 mi-2
£1,60003/240.53 miCollege Road, Bromley, BR12
£1,67503/240.53 miLake Avenue, Bromley, BR12
£1,75012/240.54 mi-2
£1,90003/240.54 mi-2

Local Area Statistics

Population in BR1

55,931

Population in Bromley

55,947

Town centre distance

1.34 miles away

Nearest school

0.40 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £420,000

March 24, 2025

Listed for £430,000

March 11, 2025

Floor Plans

Description

A Well-Presented Two-Bedroom, Two-Bathroom Top-Floor Apartment with Lift Access

This spacious and stylish apartment boasts two generously sized double bedrooms, with the master featuring its own en-suite bathroom. Upon entering, you are welcomed by an inviting entrance hall that leads to the living room, bathroom and both double bedrooms.

The large and airy living room offers plenty of natural light and a charming Juliet balcony, making it the ideal space for entertaining guests or simply relaxing. The contemporary, fully fitted kitchen is perfect for those who love to cook.

Situated just moments from Bromley Town Centre, this property is ideally located for easy access to an excellent range of shops, restaurants, and bars, as well as fantastic mainline train services into Central London.

This apartment offers a perfect blend of comfort, style, and convenience – a must-see for those looking to live in a vibrant, well-connected area.

"Additional benefits include access to the loft for storage, with the potential for expansion, subject to obtaining planning permission and submitting architectural drawings to the freeholder."

Agent Details

Mann, Beckenham

020 3834 7947

Next Steps?

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