2 Bed Flat, Single Let, Bromley, BR1 5LD, £295,000

211 Pendragon Road, Bromley, BR1 5LD - a month ago

Leasehold

BTL

ROI: 3%

~57 m²

+4 photos

ValuationOvervalued

Sold Prices	£180K - £485K
Sold Prices/m²	£3.2K/m² - £8.3K/m²

Square Metres	~57.41 m²
Price/m²	£5.1K/m²
Value Estimate	£283,695£283,695

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£73,750£73,750
Stamp Duty & Legal Fees	£20,700£20,700
Total Cash In	£94,450£94,450

Cash Out
Rent Range	£1,500 - £2,450£1,500 - £2,450
Rent Estimate	£1,500
Running Costs/mo	£1,242£1,242
Cashflow/mo	£258£258
Cashflow/yr	£3,098£3,098
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £180K to £485K, average is £284.5K. £3.2K/m² to £8.3K/m², average is £4.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£278K	12/20	0.25 mi	57, Sandstone Road, London, Greater London SE12 0UR	£4,088	68	2	Flat
£255K	09/21	0.26 mi	11, Dilhorne Close, London, Greater London SE12 0BL	£3,864	66	2	Flat
£310K	01/23	0.3 mi	Flat 28, Holm Court, Le May Avenue, London, Greater London SE12 0BD	-	-	2	Flat
£295K	07/23	0.31 mi	14, Chinbrook Crescent, London, Greater London SE12 9TJ	£5,545	53	2	Flat
£260K	05/21	0.31 mi	18, Hope Close, London, Greater London SE12 0BW	£4,974	52	2	Flat
£275K	06/21	0.31 mi	33, Hope Close, London, Greater London SE12 0BW	£4,909	56	2	Flat
£225K	02/23	0.35 mi	Flat 16, Rothesay Court, Cumberland Place, London, Greater London SE6 1NB	-	-	2	Flat
£310K	01/23	0.39 mi	39, Amblecote Road, London, Greater London SE12 9TN	£5,741	54	2	Flat
£330K	12/20	0.39 mi	44, Balder Rise, London, Greater London SE12 9PF	£5,410	61	2	Flat
£257.5K	03/23	0.42 mi	Flat 17, Montrose Court, Cumberland Place, London, Greater London SE6 1NA	-	-	2	Flat
£275K	04/21	0.42 mi	15, Amblecote Close, London, Greater London SE12 9TP	£5,000	55	2	Flat
£271K	11/20	0.42 mi	20, Amblecote Close, London, Greater London SE12 9TP	£4,839	56	2	Flat
£280K	04/21	0.42 mi	3, Amblecote Close, London, Greater London SE12 9TP	£5,000	56	2	Flat
£295K	01/23	0.42 mi	20, Amblecote Close, London, Greater London SE12 9TP	£5,268	56	2	Flat
£265K	02/21	0.44 mi	38, Amblecote Road, London, Greater London SE12 9TL	£3,841	69	2	Flat
£217.5K	03/21	0.44 mi	92, Amblecote Road, London, Greater London SE12 9TW	£3,822	57	2	Flat
£250K	10/21	0.46 mi	30, Wydeville Manor Road, London, Greater London SE12 0EW	£4,545	55	2	Flat
£358K	03/21	0.46 mi	Flat 18, Oldman Court, Marvels Lane, London, Greater London SE12 9PY	-	-	2	Flat
£305K	12/22	0.46 mi	120, Marvels Lane, London, Greater London SE12 9PG	£6,064	50	2	Flat
£293.9K	06/23	0.46 mi	90, Marvels Lane, London, Greater London SE12 9PG	£5,344	55	2	Flat
£292.5K	12/22	0.46 mi	114, Marvels Lane, London, Greater London SE12 9PG	£5,519	53	2	Flat
£250K	11/20	0.49 mi	106, Evans Road, London, Greater London SE6 1QQ	£3,906	64	2	Flat
£245K	10/23	0.52 mi	Flat 12, Hamilton Court, Cumberland Place, London, Greater London SE6 1LY	-	-	2	Flat
£356.5K	08/21	0.54 mi	37a, Hazelbank Road, Catford, London, Greater London SE6 1LN	£6,147	58	2	Flat
£283K	04/23	0.58 mi	Flat 55, Robins Court, Chinbrook Road, London, Greater London SE12 9QN	-	-	2	Flat
£292.5K	07/23	0.58 mi	Flat 47, Robins Court, Chinbrook Road, London, Greater London SE12 9QN	-	-	2	Flat
£262K	02/21	0.58 mi	Flat 62, Robins Court, Chinbrook Road, London, Greater London SE12 9QN	-	-	2	Flat
£320K	10/21	0.59 mi	212, Southover, Bromley, Greater London BR1 4SE	£3,902	82	2	Flat
£282.5K	05/21	0.65 mi	47b, Ronver Road, London, Greater London SE12 0NR	-	-	2	Flat
£325K	11/20	0.65 mi	Basement Flat, 13, Ronver Road, London, Greater London SE12 0NR	£8,333	39	2	Flat
£275K	03/23	0.67 mi	277, Downham Way, Bromley, Greater London BR1 5EN	£5,189	53	2	Flat
£210K	06/23	0.68 mi	Flat 48, Paxton Court, Marvels Lane, London, Greater London SE12 9QQ	-	-	2	Flat
£305K	01/21	0.68 mi	34, Corona Road, London, Greater London SE12 9NN	£5,351	57	2	Flat
£372K	10/21	0.69 mi	210a, Wellmeadow Road, Catford, London, Greater London SE6 1HS	-	-	2	Flat
£235K	07/23	0.71 mi	179b, Broadfield Road, London, Greater London SE6 1TJ	£4,452	53	2	Flat
£400K	07/23	0.74 mi	Basement Flat, 126, Burnt Ash Hill, London, Greater London SE12 0HT	£7,143	56	2	Flat
£360K	04/21	0.8 mi	33a, Baring Road, London, Greater London SE12 0JP	£3,750	96	2	Flat
£251K	12/22	0.83 mi	30, Gavestone Road, London, Greater London SE12 9BP	£3,177	79	2	Flat
£275K	04/21	0.87 mi	164, Alnwick Road, London, Greater London SE12 9BT	£4,231	65	2	Flat
£315K	12/20	0.88 mi	145, Mayeswood Road, London, Greater London SE12 9SA	£4,773	66	2	Flat
£187.5K	05/21	0.89 mi	Flat 2, Rowan Court, Burnt Ash Hill, London, Greater London SE12 0HS	-	-	2	Flat
£286K	03/23	0.9 mi	Flat 17, Sundridge House, Burnt Ash Lane, Bromley, Greater London BR1 5AE	-	-	2	Flat
£425K	12/20	0.91 mi	81a, Birkhall Road, London, Greater London SE6 1TD	£6,641	64	2	Flat
£295K	04/21	0.92 mi	10, Stoneycroft Close, London, Greater London SE12 0SL	£4,275	69	2	Flat
£320K	07/21	0.92 mi	54, Stoneycroft Close, London, Greater London SE12 0SL	£4,638	69	2	Flat
£230K	11/21	0.92 mi	30, Simnel Road, London, Greater London SE12 9BG	£4,792	48	2	Flat
£180K	08/23	0.93 mi	7, Brook Lane, Bromley, Greater London BR1 4PU	-	-	2	Flat
£290K	07/23	0.93 mi	Flat 26, Verdant Court, Verdant Lane, London, Greater London SE6 1LE	-	-	2	Flat
£420K	07/23	0.94 mi	5a, Broadfield Road, London, Greater London SE6 1ND	-	-	2	Flat
£485K	11/21	0.94 mi	1a, Birch Grove, London, Greater London SE12 0SS	-	-	2	Flat

Local Rents

50 rents from £1.5K/mo to £2.5K/mo, average is £1.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,600	03/24	0.03 mi	Pendragon Road, Bromley, BR1	2	Flat
£1,750	04/24	0.15 mi	Ballamore Road, Grove Park, BR1	2	House
£1,750	04/24	0.15 mi	Ballamore Road, Grove Park, BR1	2	House
£1,900	01/25	0.18 mi	-	2	Terraced House
£1,650	11/24	0.23 mi	-	2	Flat
£1,600	02/24	0.23 mi	-	2	Flat
£1,600	08/24	0.23 mi	Palace View, London	2	Flat
£2,450	03/25	0.24 mi	-	2	Flat
£2,000	03/24	0.26 mi	Northover, Bromley, BR1	2	Terraced House
£1,900	03/24	0.26 mi	-	2	Terraced House
£2,000	01/25	0.26 mi	-	2	Terraced House
£1,800	04/25	0.26 mi	-	2	Flat
£1,900	08/24	0.27 mi	-	2	Flat
£1,600	08/24	0.27 mi	Hope Close, London, SE12	2	Flat
£1,500	08/24	0.28 mi	Le May Avenue London SE12	2	Flat
£1,600	11/23	0.29 mi	Grove Park, SE12	2	Terraced House
£1,595	08/24	0.3 mi	Le May Avenue Grove Park SE12	2	Flat
£1,650	08/24	0.31 mi	-	2	Flat
£1,500	08/24	0.32 mi	Cumberland Place, Rothesay Court Cumberland Place, SE6	2	Flat
£1,700	08/24	0.33 mi	Baring Road London SE12	2	Flat
£1,700	01/25	0.34 mi	-	2	Flat
£1,650	08/24	0.34 mi	Cumberland Place, Catford, London, SE6	2	Flat
£1,700	09/24	0.34 mi	-	2	Flat
£1,650	04/25	0.34 mi	-	2	Flat
£1,700	08/24	0.34 mi	-	2	Flat
£1,700	01/25	0.34 mi	-	2	Flat
£1,700	01/25	0.34 mi	-	2	Flat
£1,650	08/24	0.34 mi	Cumberland Place, Canary Wharf, SE6	2	Flat
£1,650	08/24	0.34 mi	Cumberland Place, London, SE6	2	Flat
£1,750	08/24	0.35 mi	Garden Close Grove Park SE12	2	Terraced House
£1,800	09/24	0.35 mi	-	2	Terraced House
£1,775	12/24	0.36 mi	-	2	Terraced House
£1,875	12/24	0.36 mi	-	2	Terraced House
£1,550	08/24	0.38 mi	Oak Apple Court London SE12	2	Flat
£1,550	08/24	0.38 mi	Oak Apple Court, Lewisham, SE12	2	Flat
£1,550	08/24	0.38 mi	Oak Apple Court, London, SE12	2	Flat
£1,550	08/24	0.38 mi	-	2	Flat
£1,950	01/25	0.39 mi	-	2	Flat
£1,700	08/24	0.4 mi	-	2	Terraced House
£1,600	08/24	0.4 mi	-	2	Terraced House
£1,600	08/24	0.4 mi	-	2	Terraced House
£1,750	08/24	0.41 mi	Boundfield Road London SE6	2	Flat
£1,650	04/25	0.41 mi	-	2	Flat
£1,650	04/24	0.41 mi	Galahad Road, Bromley	2	House
£1,950	04/25	0.43 mi	-	2	Terraced House
£1,750	03/24	0.43 mi	-	2	Terraced House
£1,685	03/24	0.43 mi	-	2	Semi-Detached House
£1,600	08/24	0.43 mi	Amblecote Close, London, SE12 9TP	2	Flat
£1,650	04/25	0.44 mi	-	2	Flat
£1,650	08/24	0.44 mi	Amblecote Road London SE12	2	Flat

Local Area Statistics

Population in BR1	55,93155,931
Population in Bromley	55,94755,947
Town centre distance	2.28 miles away2.28 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.32 miles away0.32 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+7%+7%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+17%+17%

Property History

Listed for £295,000

March 17, 2025

Floor Plans

Description

Two Double Bedrooms +
Top Floor (Second) +
Gas Central Heating and Double Glazing +
Combi Boiler +
Leasehold - 104 Years Remaining +
Low Service Charge and Ground Rent +
Close to Grove Park Rail Station +
Private Section of Garden +
Free Street Parking +
Modern Decor +

Situated on a quiet residential road moments from Grove Park Rail Station is this two-bedroom top-floor apartment with private section of garden.

Accommodation comprises spacious reception room with exposed brickwork, decorative fireplace and wood flooring, modern fitted kitchen, two double-bedrooms, and tiled three-piece bathroom.

Additional benefits include gas central heating with combi-boiler, double-glazing, ample free street parking, private section of garden to rear, and low service charge and ground rent.

The property is within easy walking distance to Grove Park Station - serving direct links into London Bridge in as little as sixteen minutes, as well as Charing Cross and Cannon Street in as little as twenty-two minutes.

A full professional video tour can be found on our Instagram page. Why not give us a follow? @br.estateagent

Leasehold - 104 Years Remaining.
Service Charge - £852.00 Per Year.
Ground Rent - £10.00 Per Year.
Council Tax - Band B (Lewisham)
EPC - D.

Agent Details

BR Estate Agent, Bromley

020 3905 6888

Next Steps?

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

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2 Bed Flat, Single Let, Bromley, BR1 5LD, £295,000

ValuationOvervalued

CashflowsOpen in Analyser

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Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents