2 Bed Flat, Single Let, BR2 0EY, £280,000

Station Road, Shortlands, BR2 0EY - 2 views - 15 days ago

Leasehold
BTL
ROI: 4%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£223K - £517.5K
Sold Prices/m²£3.5K/m² - £10.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.1K/m²

Value Estimate

£346,636
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£19,200

Total Cash In

£89,200

 

 

Cash Out

 

Rent Range

£1,500 - £2,300

Rent Estimate

£1,500

Running Costs/mo

£1,195

Cashflow/mo

£305

Cashflow/yr

£3,660

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £223K to £517.5K, average is £337.5K. £3.5K/m² to £10.4K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£280K08/210.03 mi37a, Martins Road, Bromley, Greater London BR2 0EE2
£430K06/210.1 mi48a, Valley Road, Bromley, Greater London BR2 0HD2
£430K11/220.1 mi52a, Valley Road, Bromley, Greater London BR2 0HD2
£350K04/210.11 mi5, Pump House Close, Bromley, Greater London BR2 0LA2
£423K07/230.11 mi6, Pump House Close, Bromley, Greater London BR2 0LA2
£335K08/210.15 mi4a, Shortlands Gardens, Bromley, Greater London BR2 0EA2
£435K06/210.17 mi27a, Meadow Road, Bromley, Greater London BR2 0DX2
£270K10/210.19 miFlat 16, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£287.5K08/230.19 miFlat 15, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£285K11/200.26 mi150, Blyth Road, Bromley, Greater London BR1 3RT2
£395K06/210.27 mi15, Hildenlea Place, Bromley, Greater London BR2 0YH2
£302.5K03/210.28 mi4, Glassmill Lane, Bromley, Greater London BR2 0EJ2
£351K01/210.28 miFlat 17, Weymouth House, Hill House Mews, Bromley, Greater London BR2 0DD2
£285K03/210.29 mi14, Madeira Avenue, Bromley, Greater London BR1 4AZ2
£485K03/210.29 mi7b, Church Road, Shortlands, Bromley, Greater London BR2 0HP2
£375K03/210.35 miFlat 1, St James Court, Edison Road, Bromley, Greater London BR2 0EZ2
£297.5K03/210.36 miFlat 9, Karen Court, Blyth Road, Bromley, Greater London BR1 3RZ2
£300K05/210.36 miFlat 10, Karen Court, Blyth Road, Bromley, Greater London BR1 3RZ2
£355K12/200.37 mi38d, Madeira Avenue, Bromley, Greater London BR1 4AY2
£400K06/230.41 miFlat 1, Cranley Court, Beckenham Grove, Bromley, Greater London BR2 0JZ2
£350K12/200.44 mi24, Cadogan Close, Beckenham, Greater London BR3 5XY2
£427.5K02/230.47 mi12, Foxes Dale, Bromley, Greater London BR2 0JS2
£370K06/210.49 mi13, Madison Gardens, Bromley, Greater London BR2 0SJ2
£350K01/210.49 mi44b, Hammelton Road, Bromley, Greater London BR1 3PY2
£375K11/200.49 mi16a, Hammelton Road, Bromley, Greater London BR1 3PY2
£330K07/230.5 mi47c, Ravensbourne Road, Bromley, Greater London BR1 1HW2
£265K04/210.53 mi33, Weston Grove, Bromley, Greater London BR1 3RJ2
£350K07/230.53 miFlat 4, Cawston Court, Highland Road, Bromley, Greater London BR1 4AF2
£265K03/210.53 miFlat 4, Cawston Court, Highland Road, Bromley, Greater London BR1 4AF2
£442.5K02/230.55 mi28a, Durham Avenue, Bromley, Greater London BR2 0QB2
£235K03/210.56 miFlat 23, Newman Court, North Street, Bromley, Greater London BR1 1BQ2
£310K06/210.58 mi31, Weston Road, Bromley, Greater London BR1 3RH2
£335K03/210.59 mi54, Hope Park, Bromley, Greater London BR1 3RQ2
£360K11/200.6 mi166, Farnaby Road, Bromley, Greater London BR2 0BB2
£238K11/200.62 mi91, Hope Park, Bromley, Greater London BR1 3RG2
£375K05/230.63 mi5, West Oak, Beckenham, Greater London BR3 5EZ2
£223K04/230.64 mi85, Howard Road, Bromley, Greater London BR1 3QQ2
£325.3K03/230.67 mi98a, London Road, Bromley, Greater London BR1 3RL2
£517.5K06/230.67 miFlat 1, Linda Court, South Hill Road, Bromley, Greater London BR2 0RH2
£440K03/210.68 miFlat 3, Linda Court, South Hill Road, Bromley, Greater London BR2 0RH2
£340K04/210.69 mi44b, Morgan Road, Bromley, Greater London BR1 3QF2
£325K11/200.69 mi78a, Morgan Road, Bromley, Greater London BR1 3QF2
£320K01/210.7 mi47, Whitehaven Close, Bromley, Greater London BR2 0YA2
£310K11/220.7 mi12, Whitehaven Close, Bromley, Greater London BR2 0YA2
£295K03/230.7 mi44, Whitehaven Close, Bromley, Greater London BR2 0YA2
£310K02/210.71 mi24, Stamford Drive, Bromley, Greater London BR2 0XF2
£300K06/210.72 mi3, Kingsleigh Walk, Bromley, Greater London BR2 0YE2
£357K11/200.74 miThe First And Second Floor Flat, 108, College Road, Bromley, Greater London BR1 3PF2
£357K11/200.75 miThe First And Second Floor Flat, 108, College Road, Bromley, Greater London BR1 3PF2
£310K09/210.76 mi38, Palace Road, Bromley, Greater London BR1 3JT2

Local Rents

50 rents from £1.5K/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,50003/240.04 miMartins Road, Shortlands, Bromley, BR22
£1,75003/240.06 miMartins Road, Shortlands, Bromley, BR22
£1,80004/240.08 miRecreation Road Bromley BR22
£1,80012/240.1 miValley Road Bromley BR22
£1,60003/250.13 mi-2
£1,50003/240.14 miShortlands Gardens, Shortlands, Bromley, BR22
£1,75012/240.16 mi-2
£1,75004/240.16 miThe Knoll, Bromley, BR22
£2,30003/250.17 mi-2
£1,75003/240.17 miMeadow Road, Bromley, BR22
£1,85003/240.18 miPump House Close, BR22
£1,72503/240.19 miGlecoe, Park Hill Road, Shortlands, BR22
£1,75004/240.19 miMeadow Road, Bromley, BR22
£1,70004/240.2 miFarnaby Road, Bromley, BR12
£2,00003/240.2 miQueens Mead Road Bromley BR22
£1,55004/240.2 miBromley Road, Shortlands, Bromley, BR22
£1,75003/240.22 miBeckenham Lane, Bromley, BR22
£1,75004/240.22 miBeckenham Lane, Shortlands, Bromley, BR22
£1,60003/240.26 miPark Hill Road, Bromley2
£1,50004/250.27 mi-2
£1,70002/250.27 mi-2
£1,65003/240.28 miGlassmill Lane, Shortlands, Bromley, BR22
£1,70004/240.28 miWeymouth House, Bromley, BR22
£1,80002/250.29 mi-2
£1,50004/240.29 miBeckenham Grove, Shortlands, BR22
£1,90001/250.3 mi-2
£1,70003/240.3 miBeckenham Grove, Bromley, BR22
£1,79504/250.31 mi-2
£1,70003/240.31 miCaton Court, 4 Beckenham Grove, Bromley, Kent, BR22
£1,80003/240.34 miGwydyr Road, Bromley, BR22
£1,80004/240.34 miGwydyr Road, Bromley, BR22
£1,55004/250.37 mi-2
£1,80003/250.38 mi-2
£1,95003/240.39 miBlyth Road, Bromley, BR12
£1,65012/240.39 mi-2
£1,95003/240.4 miBlyth Road Bromley BR12
£1,95004/240.4 mi4 Blyth Road, Bromley, Kent, BR12
£2,15003/240.42 miShortlands Grove Bromley BR22
£2,15004/240.42 miShortlands Grove Bromley BR22
£1,80002/250.42 mi-2
£1,70002/250.43 mi-2
£1,70001/250.43 mi-2
£1,95004/250.43 mi-2
£1,60004/240.43 miKingswood Road, Bromley, London, BR22
£2,10003/240.44 miAlbemarle Road Beckenham BR32
£1,60002/240.44 mi-2
£1,60002/240.44 mi-2
£1,85003/240.44 miShortlands, Bromley, BR22
£1,80004/240.45 miPamphilon House, Bromley High Street, BR12
£1,70003/240.46 miHighland Road, Bromley, BR12

Local Area Statistics

Population in BR2

44,903

Nearest school

0.20 miles away

Nearest train station

0.15 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £280,000

March 26, 2025

Floor Plans

Description

  • CHAIN FREE +
  • FIRST FLOOR +
  • GREAT SCHOOL CATCHMENT AREA +
  • TWO BEDROOMS +
  • EXCELLENT LOCATION +
  • SPACIOUS LIVING ROOM +
  • NEXT DOOR TO QUEENSMEAD PARK +
  • COUNCIL TAX BAND-C +
  • SHORTLANDS STATION AROUND THE CORNER +
  • EPC-C +

GUIDE PRICE £280,000-£300,000. Agents Notes - "They say its location, location, location, well you won’t get closer to Shortlands train station that this property and the lease has also been renewed to 157 years! A good buy to let option that would yield / rent at £1650 per calendar month, and also a great first time buy" - Joe Mourat - Director

Capital welcome to the market this delightful two bedroom flat located in the sought after area of Shortlands. The property boasts two bedrooms, a sizeable living room, a galley kitchen and a family bathroom. Location is key, and this property truly excels. Just a stone’s throw from Shortlands train station, residents can enjoy excellent transport links into London, making commuting a breeze. For those who appreciate the outdoors, Queensmead Park is right on your doorstep—a perfect spot for leisurely strolls or enjoying nature.

Adding to its appeal, Bromley town centre is only a short walk away, offering a vibrant mix of bars, shops, and restaurants to explore and enjoy.

FOR VIEWINGS PLEASE CALL OUR BROMLEY BRANCH ON COUNCIL TAX BAND-C EPC-C

Service charge- £2200 No ground rent 157 years left on the lease

IMPORTANT NOTE TO PURCHASERS: We endeavor to make our sales 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. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Agent Details

Capital Estate Agents, Sidcup

020 3906 1354

Next Steps?

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