2 Bed Flat, Single Let, Beckenham, BR3 1TW, £250,000

Porchester Mead, Beckenham, BR3 1TW - 1 views - 23 days ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£200K - £434.5K
Sold Prices/m²£3.9K/m² - £8.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£300,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Total Cash In

£76,200

 

 

Cash Out

 

Rent Range

£1,400 - £2,250

Rent Estimate

£1,450

Running Costs/mo

£1,091

Cashflow/mo

£359

Cashflow/yr

£4,305

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £200K to £434.5K, average is £332.5K. £3.9K/m² to £8.3K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£320K09/210.1 miFlat 5, Jodie Court, Stevens Close, Beckenham, Greater London BR3 1RT2
£405K05/210.16 mi27, Shannon Way, Beckenham, Greater London BR3 1WG2
£401K05/210.16 mi26, Shannon Way, Beckenham, Greater London BR3 1WG2
£434.5K07/230.16 mi8, Shannon Way, Beckenham, Greater London BR3 1WG2
£242.5K12/200.18 miFlat 16, Rokell House, Beckenham Hill Road, Beckenham, Greater London BR3 1TF2
£360K09/230.18 mi21, Hanson Close, Beckenham, Greater London BR3 1WJ2
£290K08/230.23 mi46, Chislet Close, Beckenham, Greater London BR3 1UB2
£355K06/230.31 miFlat 5, Edden House, Brackley Road, Beckenham, Greater London BR3 1RD2
£265K12/200.36 mi4, Meadow Close, London, Greater London SE6 3NW2
£370K01/240.36 mi18, Meadow Close, London, Greater London SE6 3NW2
£320K09/230.36 mi14, Meadow Close, London, Greater London SE6 3NW2
£345K11/200.37 miFlat 1, Boxley House, Abbey Park, Beckenham, Greater London BR3 1PS2
£370K10/230.37 miFlat 7, Malling House, Abbey Park, Beckenham, Greater London BR3 1PZ2
£355K12/220.37 mi29, Silverwood Close, Beckenham, Greater London BR3 1RN2
£345K01/210.37 miFlat 1, Minster House, Abbey Park, Beckenham, Greater London BR3 1PR2
£292K01/240.38 mi101, Meadowview Road, London, Greater London SE6 3NJ2
£250K01/230.38 mi113, Meadowview Road, London, Greater London SE6 3NJ2
£350K12/200.38 miFlat 1, Bearstead House, Abbey Park, Beckenham, Greater London BR3 1PP2
£371K03/210.39 mi28, Silverwood Close, Beckenham, Greater London BR3 1RN2
£375K12/200.39 mi1, Silverwood Close, Beckenham, Greater London BR3 1RN2
£364K08/230.42 miFlat 5, Westwood House, Abbey Park, Beckenham, Greater London BR3 1PL2
£335K10/210.44 mi17, Meadowview Road, London, Greater London SE6 3NL2
£285K01/210.44 mi43, Meadowview Road, London, Greater London SE6 3NL2
£265K01/230.44 mi89, Dunfield Road, London, Greater London SE6 3RG2
£276K04/210.45 mi158, Meadowview Road, London, Greater London SE6 3NQ2
£295K09/210.45 mi60, Meadowview Road, London, Greater London SE6 3NN2
£265K08/230.45 mi46, Meadowview Road, London, Greater London SE6 3NN2
£200K07/230.45 mi36, Meadowview Road, London, Greater London SE6 3NN2
£262.5K06/210.48 mi72, Montana Gardens, London, Greater London SE26 5BG2
£270K04/230.48 mi67, Montana Gardens, London, Greater London SE26 5BG2
£417K12/200.48 miFlat 4, Klinton, Copers Cope Road, Beckenham, Greater London BR3 1NR2
£400K08/230.51 mi12, Parkwood, Beckenham, Greater London BR3 1TR2
£299K10/210.51 mi168, Meadowview Road, London, Greater London SE6 3NH2
£270K12/220.53 mi287, Brookehowse Road, London, Greater London SE6 3TS2
£335K11/200.54 mi21, Cowdrey Mews, London, Greater London SE6 3AP2
£323.2K10/210.62 miFlat 13, Ightham House, Bethersden Close, Beckenham, Greater London BR3 1PE2
£345K01/210.67 mi7, Sutton Close, Beckenham, Greater London BR3 5UG2
£317.5K03/210.67 mi1, Sutton Close, Beckenham, Greater London BR3 5UG2
£375K04/210.67 mi8, Apex Close, Beckenham, Greater London BR3 5TU2
£380K02/210.67 mi6, Apex Close, Beckenham, Greater London BR3 5TU2
£395K03/210.67 mi28, Apex Close, Beckenham, Greater London BR3 5TU2
£375K04/230.67 mi40, Apex Close, Beckenham, Greater London BR3 5TU2
£415K01/230.67 mi17, Apex Close, Beckenham, Greater London BR3 5TU2
£260K06/230.69 mi11, Cowden Street, London, Greater London SE6 3SW2
£370K09/230.71 mi35, Embassy Gardens, Beckenham, Greater London BR3 1HF2
£326K02/230.71 mi42, Embassy Gardens, Beckenham, Greater London BR3 1HF2
£315K06/210.72 mi97, Moremead Road, London, Greater London SE6 3LS2
£330K01/210.73 mi9, Embassy Gardens, Beckenham, Greater London BR3 1HE2
£303K05/230.74 mi20, Ridgewell Close, London, Greater London SE26 5AP2
£305K01/210.75 mi114, Moremead Road, London, Greater London SE6 3LT2

Local Rents

50 rents from £1.4K/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,45004/240 miByron House, Porchester Mead, Beckenham, Kent, BR32
£1,45004/240 miByron House, Porchester Mead, Beckenham, Kent, BR32
£1,55003/240.02 miPorchester Mead, Beckenham, BR32
£1,60004/240.07 miPorchester Mead, Beckenham, Kent, BR32
£1,80005/240.1 miStevens Court, Beckenham, BR32
£1,80005/240.1 mi-2
£1,75003/240.13 miHeadingley Drive Beckenham BR32
£1,75004/240.13 miHeadingley Drive Beckenham BR32
£1,60004/240.14 miLittlestone Close, Beckenham, BR32
£1,40002/240.18 mi-2
£1,50003/240.18 miHanson Close, BR32
£1,85003/250.19 mi-2
£2,00012/240.29 mi-2
£1,77503/240.29 miCopers Cope Road, Beckenham, BR32
£1,75003/250.3 mi-2
£2,00002/250.3 mi-2
£1,87502/250.32 mi-2
£1,60003/240.32 miBrackens, Beckenham, Kent, BR32
£1,65004/240.33 miBrackens, Brackley Road, BR32
£1,75003/240.33 miBeckenham Place Park, BR32
£1,75005/240.34 miBrackley Road, Beckenham, Kent, BR32
£1,80003/240.34 miBeckenham Place Park, Beckenham, BR32
£1,80003/240.34 mi-2
£1,60003/250.35 mi-2
£1,70003/240.36 mi-2
£1,62504/240.36 miBrackley Road Beckenham BR32
£1,65004/240.36 miBrackley Road Beckenham BR32
£1,65003/240.36 miDaniel Court, 19 Brackley Road, BECKENHAM, BR32
£1,65001/250.37 mi-2
£1,80005/240.37 mi-2
£1,77505/240.37 miAbbey Park, Beckenham, BR32
£1,60010/240.39 mi-2
£1,55008/240.4 mi-2
£1,45008/240.41 mi-2
£1,75005/240.43 miPark Road, Beckenham, BR32
£1,90008/240.43 mi-2
£1,85003/240.46 miFoxgrove Road, Beckenham, BR32
£1,80003/240.46 miPark Road, Beckenham, BR32
£1,70004/240.49 miFoxgrove Road, Beckenham, BR32
£2,00003/240.5 miLawn Road Beckenham BR32
£2,20003/240.5 miLawn Road Beckenham BR32
£1,80003/240.5 miLawn Road Beckenham BR32
£1,75004/240.5 miLawn Road Beckenham BR32
£1,60011/240.5 mi-2
£2,25003/240.5 miSouthend Road, Beckenham, BR32
£1,70003/240.5 miCopers Cope Road Beckenham BR32
£2,25001/250.5 mi-2
£2,10003/240.51 miSouthend Road, Beckenham, BR32
£2,25003/240.51 miMichael John House, 14 Southend Road, Beckenham, BR32
£2,20008/240.51 miPurbeck Gardens, London, SE262

Local Area Statistics

Population in BR3

47,386

Population in Beckenham

47,411

Town centre distance

1.24 miles away

Nearest school

0.30 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £250,000

March 19, 2025

Floor Plans

Description

*NO OFFERS*

CHAIN FREE

Probably the cheapest two bed in BR3.

This perfectly proportioned and well situated, two bedroom, 3rd floor apartment is accessed via lift and offers stunning views across London.

Through the front door you are greeted by a large hallway featuring excellent storage, and leading to the bright lounge with wood effect flooring, modern well fitted kitchen, good sized master bedroom, second bedroom with built in wardrobe. Neutrally decorated throughout with a family bathroom and high pressured shower.

Includes Garage en bloc.

Parking for the property is gated with an abundance of visitor spaces to the front.

Local Authority: Bromley
Council Tax Band: C

Agent Details

Alan de Maid, Beckenham

020 3870 9019

Next Steps?

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