3 Bed Semi-Detached House, Planning Permission, Bromley, BR1 3DN, £880,000

Rochester Avenue, Bromley, BR1 3DN - 25 days ago

Planning
~93 m²
+16 photos

ValuationOvervalued

Sold Prices£388.4K - £925K
Sold Prices/m²£4.6K/m² - £7K/m²

 

 

Square Metres

~93 m²
Price/m²£9.5K/m²

Value Estimate

£516,667

 

 

End Value (After Refurb)

£846,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£220,000

Stamp Duty & Legal Fees

£79,200

Refurb Costs

£49,200

Bridging Loan Interest

£23,100

Total Cash In

£373,250

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£846,500

Mortgage (After Refinance)

£634,875

Mortgage LTV

75%

Cash Left In

£373,250

Equity

£211,625

Rent Range

£1,750 - £2,750

Rent Estimate

£2,231

Running Costs/mo

£3,112

Cashflow/mo

£-881

Cashflow/yr

£-10,566

Gross Yield

3%

Local Sold Prices

50 sold prices from £388.4K to £925K, average is £541.8K. £4.6K/m² to £7K/m², average is £5.5K/m².

PriceDateDistanceAddressBeds 
£827.8K03/230.01 mi39, Rochester Avenue, Bromley, Greater London BR1 3DN3
£620K03/230.13 mi37, Forde Avenue, Bromley, Greater London BR1 3EU3
£615K11/210.14 mi97, Nightingale Lane, Bromley, Greater London BR1 2SG3
£535K06/210.16 mi68, Nightingale Lane, Bromley, Greater London BR1 2SE3
£650K11/220.18 mi12, Cedar Road, Bromley, Greater London BR1 3BZ3
£629K05/210.22 mi75, Palace View, Bromley, Greater London BR1 3EP3
£735K12/200.24 mi7, The Chase, Bromley, Greater London BR1 3DE3
£703K11/210.24 mi1, The Chase, Bromley, Greater London BR1 3DE3
£727.5K03/230.24 mi57, The Chase, Bromley, Greater London BR1 3DE3
£777.5K03/210.25 mi24, The Chase, Bromley, Greater London BR1 3DF3
£499.9K10/210.27 mi29, Pembroke Road, Bromley, Greater London BR1 2RT3
£921K07/210.28 mi30, Harwood Avenue, Bromley, Greater London BR1 3DU3
£620K01/210.28 mi14, Harwood Avenue, Bromley, Greater London BR1 3DU3
£410K05/210.3 mi83, Canon Road, Bromley, Greater London BR1 2SL3
£422K04/210.35 mi8, Farrier Close, Bromley, Greater London BR1 2SW3
£552K12/220.35 mi4, Godwin Road, Bromley, Greater London BR2 9LQ3
£600K06/230.35 mi62, Godwin Road, Bromley, Greater London BR2 9LQ3
£435K01/210.35 mi18, Godwin Road, Bromley, Greater London BR2 9LQ3
£425K01/210.36 mi60, Liddon Road, Bromley, Greater London BR1 2SS3
£560K08/230.36 mi39, Godwin Road, Bromley, Greater London BR2 9LG3
£500K06/210.37 mi27, Glanville Road, Bromley, Greater London BR2 9LN3
£543.5K05/210.38 mi46, Gundulph Road, Bromley, Greater London BR2 9LL3
£653K12/200.39 mi1, Langdon Road, Bromley, Greater London BR2 9JS3
£690K08/230.4 mi38, Widmore Lodge Road, Bromley, Greater London BR1 2QF3
£545K11/220.4 mi44, Gundulph Road, Bromley, Greater London BR2 9LL3
£530K10/210.4 mi48, Gundulph Road, Bromley, Greater London BR2 9LL3
£535K11/200.4 mi39, Gundulph Road, Bromley, Greater London BR2 9LL3
£435K03/210.41 mi160, Homesdale Road, Bromley, Greater London BR1 2RA3
£455K02/210.42 mi107, Homesdale Road, Bromley, Greater London BR2 9LE3
£640K08/230.43 mi3, Amesbury Road, Bromley, Greater London BR1 2QJ3
£590K12/200.44 mi13, The Glade, Bromley, Greater London BR1 2QG3
£525K05/230.44 miLyndhurst, Bickley Road, Bromley, Greater London BR1 2NF3
£525K04/230.44 mi76, Homesdale Road, Bromley, Greater London BR2 9LH3
£505K04/210.44 mi76, Homesdale Road, Bromley, Greater London BR2 9LH3
£525K10/210.45 mi3, Freelands Grove, Bromley, Greater London BR1 3LH3
£650K06/210.45 mi60, Freelands Road, Bromley, Greater London BR1 3HY3
£635K11/200.45 mi48, Freelands Road, Bromley, Greater London BR1 3HY3
£388.4K01/210.45 mi6, Stanley Road, Bromley, Greater London BR2 9JE3
£540K06/210.46 mi5, Weller Mews, Bromley, Greater London BR2 9JB3
£395K02/210.47 mi8, Stanley Road, Bromley, Greater London BR2 9JE3
£470K04/210.47 mi52, Stanley Road, Bromley, Greater London BR2 9JH3
£398K05/210.47 mi9, North Road, Bromley, Greater London BR1 3LG3
£525K12/220.47 miMartinhoe, Page Heath Villas, Bromley, Greater London BR1 2QN3
£475K08/210.48 mi38, Stanley Road, Bromley, Greater London BR2 9JH3
£600K05/210.48 mi13, Nightingale Lane, Bromley, Greater London BR1 2QH3
£600K05/210.49 mi43, Palace Road, Bromley, Greater London BR1 3JU3
£925K11/210.49 mi47, Bird In Hand Lane, Bromley, Greater London BR1 2NA3
£428K10/210.51 mi4, Devonshire Square, Bromley, Greater London BR2 9HX3
£455K06/210.52 miThe Haven, Page Heath Villas, Bromley, Greater London BR1 2QN3
£485K01/210.53 mi42, Walwyn Avenue, Bromley, Greater London BR1 2RD3

Local Rents

27 rents from £1.8K/mo to £2.8K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,40004/240.22 miPalace View, Bromley BR23
£1,95004/240.28 miWidmore Road, Bromley BR13
£1,85003/240.3 miPlaistow Lane, Bromley3
£1,75003/240.37 miPark Road, Bromley, BR13
£1,75003/240.41 miDainton Close, Bromley, BR13
£1,85003/240.43 miPalace Road, Bromley, Kent, BR1 3JX3
£2,30002/240.48 mi-3
£2,40004/250.48 mi-3
£2,40003/250.49 mi-3
£2,07503/240.5 miEllen Close, Bromley, BR13
£2,45012/240.51 mi-3
£1,97503/240.51 miEast Street, Bromley, BR13
£2,30003/240.52 miWalwyn Avenue, Bromley, BR13
£2,40003/240.52 mi-3
£2,40003/240.52 miWalwyn Avenue, Bromley, BR13
£1,85003/240.57 miNorth Street, Bromley, BR13
£2,50004/250.57 mi-3
£2,45001/250.57 mi-3
£2,40002/250.57 mi-3
£2,50002/250.57 mi-3
£2,10003/240.57 miSparkes Close, Bromley South, Bromley, BR23
£2,10012/240.57 miSparkes Close, Bromley South, Bromley, BR23
£2,70004/240.59 miFielding Lane, Bromley, BR23
£2,75003/240.59 miFielding Lane, Bromley, BR23
£2,40004/250.62 mi-3
£2,20012/240.62 mi-3
£2,20012/240.62 mi-3

Local Area Statistics

Population in BR1

55,931

Population in Bromley

55,947

Town centre distance

0.21 miles away

Nearest school

0.20 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £880,000

March 18, 2025

Floor Plans

Description

  • 3 bedroom semi detached House +
  • Driveway and garage +
  • Sought after location +
  • Potential to extend STTP +

This well-presented three-bedroom semi-detached property, located on the highly sought-after Rochester Avenue in Bromley, offers a fantastic opportunity for both comfortable living and future potential.

This well-presented three-bedroom semi-detached property, located on the highly sought-after Rochester Avenue in Bromley, offers a fantastic opportunity for both comfortable living and future potential.

The ground floor comprises a bright and airy reception room, offering a welcoming space. Double doors lead through to a spacious kitchen-dining area, providing a fantastic hub for family life. The kitchen is beautifully presented with a range of modern wall and base units, along with integrated appliances. The dining area, which is flooded with natural light, has double doors opening directly onto the well-maintained rear garden.

Upstairs, the property continues to impress with a well-proportioned layout. The modern family bathroom features both a bath and a shower, offering versatility and comfort.
The master bedroom is a generous size, benefitting from ample built-in storage space. Bedroom two is similarly well-sized, with plenty of room for a double bed and additional furnishings. The third bedroom, while slightly smaller, is still a great space for a child's room, home office, or guest bedroom.

Externally, the property is equally appealing, offering off-street parking for convenience. A garage provides additional storage or potential for conversion, subject to the necessary approvals. The rear garden is well-maintained, offering a tranquil outdoor space for relaxation or future landscaping projects.

The property offers significant potential to extend, subject to obtaining the necessary planning permission.

Broadband and Mobile Coverage
For broadband and mobile phone coverage at the property in question please visit: checker.ofcom.org.uk/en-gb/broadband-coverage and checker.ofcom.org.uk/en-gb/mobile-coverage respectively.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact and a buyer is advised to obtain verification from their own solicitor or surveyor.

Agent Details

jdm, Bromley

020 3910 6349

Next Steps?

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