3 Bed Flat, Single Let, BR2 7ET, £350,000

Kemsing Close, Bromley, BR2 7ET - 14 days ago

Leasehold
BTL
ROI: 5%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£225K - £815K
Sold Prices/m²£2.4K/m² - £5.9K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£393,567
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£26,200

Total Cash In

£113,700

 

 

Cash Out

 

Rent Range

£1,300 - £3,400

Rent Estimate

£2,000

Running Costs/mo

£1,514

Cashflow/mo

£486

Cashflow/yr

£5,835

ROI

5%

Gross Yield

7%

Local Sold Prices

45 sold prices from £225K to £815K, average is £350K. £2.4K/m² to £5.9K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£310K03/210 mi10, Kemsing Close, Bromley, Greater London BR2 7ET3
£300K02/210.01 mi30, Kemsing Close, Bromley, Greater London BR2 7ET3
£338K02/230.06 mi21, Larkfield Close, Bromley, Greater London BR2 7ES3
£300K06/210.46 mi96, Croydon Road, West Wickham, Greater London BR4 9HY3
£815K08/230.82 miFlat 3, Baston Manor, Baston Manor Road, Bromley, Greater London BR2 7AH3
£420K09/211 miFlat 4, Red Lodge Court, Pickhurst Rise, West Wickham, Greater London BR4 0AJ3
£225K02/211.08 mi30a, Letchworth Drive, Bromley, Greater London BR2 9BE3
£294K11/201.43 miFlat 6, Curtis House, Dixon Place, West Wickham, Greater London BR4 9PL3
£437.5K10/221.46 miFlat 23, Riverside Walk, The Alders, West Wickham, Greater London BR4 9PZ3
£340K10/201.46 miFlat 7, Riverside Walk, The Alders, West Wickham, Greater London BR4 9PZ3
£270K03/211.52 mi17, Cobham Close, Bromley, Greater London BR2 8JW3
£335K06/211.56 mi71, Heron Court, Bromley, Greater London BR2 9LR3
£285K02/211.6 mi36, Crown Lane, Bromley, Greater London BR2 9PQ3
£300K03/211.62 mi109, Turpington Lane, Bromley, Greater London BR2 8JD3
£440K11/201.64 miFlat 20, Hardwick House, Masons Hill, Bromley, Greater London BR2 9GW3
£315K03/211.64 mi196, Magpie Hall Lane, Bromley, Greater London BR2 8JE3
£425K01/211.68 mi33, Stanley Road, Bromley, Greater London BR2 9JH3
£325K12/222.09 mi56a, Martins Road, Bromley, Greater London BR2 0EF3
£314K09/232.1 mi58a, Martins Road, Bromley, Greater London BR2 0EF3
£450K07/232.16 miFlat 3, Weymouth House, Hill House Mews, Bromley, Greater London BR2 0DD3
£642.5K02/232.16 mi9a, Park Hill, Bromley, Greater London BR1 2JH3
£435K10/212.17 mi11a, Page Heath Lane, Bromley, Greater London BR1 2DR3
£410K05/212.18 mi6, Field Close, Bromley, Greater London BR1 2SF3
£235K03/212.19 mi9, Walton Green, New Addington, Croydon, Greater London CR0 0TY3
£800K09/212.2 miFlat 6, Aaron Court, Kelsey Park Avenue, Beckenham, Greater London BR3 6UN3
£766.3K02/212.2 miFlat 3, Aaron Court, Kelsey Park Avenue, Beckenham, Greater London BR3 6UN3
£350K09/232.24 mi60, Blyth Road, Bromley, Greater London BR1 3RU3
£340K11/212.24 miFlat 3, Laurel House, Bromley Road, Shortlands, Bromley, Greater London BR2 0AH3
£285K03/232.3 mi47, Tylney Road, Bromley, Greater London BR1 2RJ3
£360K06/232.34 mi26b, London Road, Bromley, Greater London BR1 3QR3
£375K01/232.35 mi2, College Road, Bromley, Greater London BR1 3NS3
£300K08/212.49 mi8, Weston Grove, Bromley, Greater London BR1 3RJ3
£450K03/232.53 miFlat 1, Englefield, Woodlands Road, Bromley, Greater London BR1 2AH3
£550K02/232.54 miFlat 1, Wonham Court, The Knoll, Beckenham, Greater London BR3 5JR3
£315K09/212.55 mi211, Selsdon Park Road, South Croydon, Greater London CR2 8JH3
£291K05/232.55 mi193, Selsdon Park Road, South Croydon, Greater London CR2 8JH3
£340K12/202.66 mi38, Saxon Road, Bromley, Greater London BR1 3RP3
£350K06/212.69 mi153a, Croydon Road, Beckenham, Greater London BR3 3QH3
£572.5K02/232.78 miFlat 4, Park View House, Westgate Road, Beckenham, Greater London BR3 5DF3
£406K09/232.79 mi64, Ladycroft Way, Orpington, Greater London BR6 7BZ3
£375K07/212.79 mi64, Ladycroft Way, Orpington, Greater London BR6 7BZ3
£390K08/232.86 mi30, Ladycroft Way, Orpington, Greater London BR6 7BY3
£335K06/212.86 mi30, Ladycroft Way, Orpington, Greater London BR6 7BY3
£400K05/212.91 mi10, Rectory Green, Beckenham, Greater London BR3 4HX3
£625K06/212.94 miFlat 5, Foxgrove House, Foxgrove Road, Beckenham, Greater London BR3 5AR3

Local Rents

11 rents from £1.3K/mo to £3.4K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,50010/230.27 mi-3
£2,50004/250.27 mi-3
£2,60005/240.34 miConey Hill Road, West Wickham, BR43
£2,60005/240.34 mi-3
£3,40012/240.37 mi-3
£2,20004/240.4 miHilldown Road, Bromley, BR23
£2,00001/240.48 mi-3
£2,00003/240.48 mi-3
£2,50003/250.54 mi-3
£2,00003/250.56 mi-3
£1,30004/250.59 mi-3

Local Area Statistics

Population in BR2

44,903

Nearest school

0.50 miles away

Nearest train station

0.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £350,000

March 27, 2025

Floor Plans

Description

A lovely 3 bedroom flat for sale in Hayes in a quiet block opposite Hayes Station and the High Street with its many local shops. Offering approximately 860 sq ft of living space and decorated to a really good standard throughout the flat is flooded with natural light. The flat comes with 3 good size bedrooms and a large living room leading onto a private balcony. The good size modern separate fitted kitchen also leads out to another private balcony and has a fitted dishwasher and washing machine. The modern fitted bathroom is also ideal and overall the flat will tick the boxes for anyone looking for a sensibly priced 3 bedroom flat in a great location. There is plenty of storage within the property Hayes Train station is virtually opposite the property so is literally a 1 minute walk and you also have Hayes High Street on your doorstep with its array of shops, restaurants and bars. The flat is also in catchment for Hayes Secondary and Primary schools and it is also offered chain free with a recently extended lease taking it to approximately 200 years remaining. This property is sure to attract a lot of attention as it would be suitable for an owner occupier or investor. Service Charge £1800 per year Ground Rent £0 Length remaining on lease approximately 200 years

Agent Details

Property Company Group, Bromley

020 3909 9790

Next Steps?

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