2 Bed Flat, Single Let, Bromley, BR1 3RH, £300,000

Weston Road, Bromley, BR1 3RH - 2 views - 24 days ago

Leasehold
BTL
ROI: 3%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£180K - £485K
Sold Prices/m²£3.5K/m² - £10.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£351,034
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,490 - £3,000

Rent Estimate

£1,500

Running Costs/mo

£1,258

Cashflow/mo

£243

Cashflow/yr

£2,910

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £180K to £485K, average is £335K. £3.5K/m² to £10.4K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£310K06/210.04 mi31, Weston Road, Bromley, Greater London BR1 3RH2
£335K03/210.05 mi54, Hope Park, Bromley, Greater London BR1 3RQ2
£265K04/210.05 mi33, Weston Grove, Bromley, Greater London BR1 3RJ2
£238K11/200.07 mi91, Hope Park, Bromley, Greater London BR1 3RG2
£350K07/230.1 miFlat 4, Cawston Court, Highland Road, Bromley, Greater London BR1 4AF2
£265K03/210.1 miFlat 4, Cawston Court, Highland Road, Bromley, Greater London BR1 4AF2
£223K04/230.11 mi85, Howard Road, Bromley, Greater London BR1 3QQ2
£340K04/210.16 mi44b, Morgan Road, Bromley, Greater London BR1 3QF2
£325K11/200.16 mi78a, Morgan Road, Bromley, Greater London BR1 3QF2
£375K11/200.17 mi16a, Hammelton Road, Bromley, Greater London BR1 3PY2
£297.5K03/210.18 miFlat 9, Karen Court, Blyth Road, Bromley, Greater London BR1 3RZ2
£300K05/210.18 miFlat 10, Karen Court, Blyth Road, Bromley, Greater London BR1 3RZ2
£350K01/210.19 mi44b, Hammelton Road, Bromley, Greater London BR1 3PY2
£325.3K03/230.2 mi98a, London Road, Bromley, Greater London BR1 3RL2
£357K11/200.26 miThe First And Second Floor Flat, 108, College Road, Bromley, Greater London BR1 3PF2
£355K12/200.26 mi38d, Madeira Avenue, Bromley, Greater London BR1 4AY2
£357K11/200.26 miThe First And Second Floor Flat, 108, College Road, Bromley, Greater London BR1 3PF2
£285K03/210.3 mi14, Madeira Avenue, Bromley, Greater London BR1 4AZ2
£285K11/200.32 mi150, Blyth Road, Bromley, Greater London BR1 3RT2
£330K12/200.35 mi24b, Cambridge Road, Bromley, Greater London BR1 4EA2
£351K01/210.37 miFlat 17, Weymouth House, Hill House Mews, Bromley, Greater London BR2 0DD2
£235K03/210.38 miFlat 23, Newman Court, North Street, Bromley, Greater London BR1 1BQ2
£270K10/210.39 miFlat 16, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£287.5K08/230.39 miFlat 15, Pixfield Court, Beckenham Lane, Bromley, Greater London BR2 0DG2
£365K03/230.41 mi29a, Lansdowne Road, Bromley, Greater London BR1 3PG2
£375K03/210.41 miFlat 1, St James Court, Edison Road, Bromley, Greater London BR2 0EZ2
£335K08/210.41 mi4a, Shortlands Gardens, Bromley, Greater London BR2 0EA2
£435K06/210.47 mi27a, Meadow Road, Bromley, Greater London BR2 0DX2
£310K09/210.51 mi38, Palace Road, Bromley, Greater London BR1 3JT2
£280K08/210.52 mi37a, Martins Road, Bromley, Greater London BR2 0EE2
£360K11/200.56 mi166, Farnaby Road, Bromley, Greater London BR2 0BB2
£302.5K03/210.57 mi4, Glassmill Lane, Bromley, Greater London BR2 0EJ2
£180K08/230.61 mi7, Brook Lane, Bromley, Greater London BR1 4PU2
£350K04/210.63 mi5, Pump House Close, Bromley, Greater London BR2 0LA2
£423K07/230.63 mi6, Pump House Close, Bromley, Greater London BR2 0LA2
£430K06/210.65 mi48a, Valley Road, Bromley, Greater London BR2 0HD2
£430K11/220.65 mi52a, Valley Road, Bromley, Greater London BR2 0HD2
£264K02/210.69 mi7, Dainton Close, Bromley, Greater London BR1 3JA2
£395K06/210.71 mi15, Hildenlea Place, Bromley, Greater London BR2 0YH2
£350K12/200.73 mi24, Cadogan Close, Beckenham, Greater London BR3 5XY2
£286K03/230.75 miFlat 17, Sundridge House, Burnt Ash Lane, Bromley, Greater London BR1 5AE2
£330K07/230.78 mi47c, Ravensbourne Road, Bromley, Greater London BR1 1HW2
£375K05/230.79 mi5, West Oak, Beckenham, Greater London BR3 5EZ2
£485K03/210.83 mi7b, Church Road, Shortlands, Bromley, Greater London BR2 0HP2
£400K06/230.84 miFlat 1, Cranley Court, Beckenham Grove, Bromley, Greater London BR2 0JZ2
£275K03/230.86 mi277, Downham Way, Bromley, Greater London BR1 5EN2
£370K06/210.89 mi13, Madison Gardens, Bromley, Greater London BR2 0SJ2
£320K10/210.91 mi212, Southover, Bromley, Greater London BR1 4SE2
£425K02/230.95 mi134b, Widmore Road, Bromley, Greater London BR1 3BP2
£427.5K02/230.98 mi12, Foxes Dale, Bromley, Greater London BR2 0JS2

Local Rents

50 rents from £1.5K/mo to £3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,80004/250.04 mi-2
£1,50003/240.05 miWeston Grove, Bromley, BR12
£2,65003/250.06 mi-2
£1,70002/250.07 mi-2
£1,65003/240.07 miMooreland Road Bromley BR12
£1,70001/250.12 mi-2
£1,70002/250.12 mi-2
£1,70003/240.12 miHighland Road, Bromley, BR12
£1,57503/240.14 mi-2
£1,50003/240.14 mi-2
£1,50003/240.14 miMavery Court, Bromley, BR12
£1,70003/240.14 miScotts Road, Bromley, BR12
£1,89503/250.15 mi-2
£1,95004/240.15 mi4 Blyth Road, Bromley, Kent, BR12
£1,85003/240.15 miScotts Road, Bromley, BR12
£1,60001/250.15 mi-2
£1,95003/240.16 miBlyth Road Bromley BR12
£1,80002/250.16 mi-2
£1,95003/240.17 miBlyth Road, Bromley, BR12
£1,65012/240.17 mi-2
£1,70004/240.17 miHammelton Road, Bromley, BR12
£1,79503/250.18 mi-2
£1,60012/240.19 mi-2
£3,00002/250.19 mi-2
£2,00002/240.2 mi-2
£1,60003/240.22 miCollege Road, Bromley, BR12
£1,60003/240.23 miFairfield Road, Bromley, BR12
£1,80003/240.26 miCollege Road, Sundridge Park, Bromley, BR12
£1,80003/250.26 mi-2
£1,70003/240.27 miPalisade Court, 14 Oaklands Road, BROMLEY, BR12
£1,65003/240.28 miLondon Lane, Bromley, BR12
£1,85004/250.3 mi-2
£1,50004/250.31 mi-2
£1,49012/240.34 mi-2
£1,49004/240.34 miBabbacombe Road, Bromley, BR12
£1,70004/240.35 miFarnaby Road, Bromley, BR12
£1,70004/240.37 miWeymouth House, Bromley, BR22
£1,75003/240.38 miBeckenham Lane, Bromley, BR22
£1,75004/240.38 miBeckenham Lane, Shortlands, Bromley, BR22
£1,50004/240.38 miNorth Street, Bromley, BR12
£1,50004/240.38 miPark Avenue, Bromley, BR12
£2,30003/250.4 mi-2
£1,69504/250.4 mi-2
£1,65004/240.4 mi-2
£1,65003/240.4 miCedarhurst, Bromley, BR12
£1,65003/240.41 miSherman Road, Bromley, BR12
£1,65003/240.41 miSherman Road, Bromley, BR12
£2,20003/250.43 mi-2
£1,50003/240.43 miShortlands Gardens, Shortlands, Bromley, BR22
£1,70003/240.44 miBurnt Ash Lane, Bromley2

Local Area Statistics

Population in BR1

55,931

Population in Bromley

55,947

Town centre distance

1.02 miles away

Nearest school

0.30 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £300,000

March 24, 2025

Floor Plans

Description

  • TWO DOUBLE BEDROOMS +
  • TOP FLOOR +
  • SECURE ENTRY PHONE SYSTEM +
  • BROMLEY NORTH STATION +
  • LOUNGE/DINER +
  • PLENTY OF STORAGE +

Welcome to this charming 2-bedroom apartment, presented in good condition and ready to captivate your heart. Located on the top floor, the property promises tranquil living with excellent access to local amenities including Bromley North Railway Station, Town Centre and Bus Routes.

As you step in, you're embraced with a large entrance hallway this leads to a warm and inviting reception room, furnished with a generous dining space for those delightful family meals or hosting your friends. The kitchen is a beacon of natural light, making cooking a joyous activity.

The property boasts two double bedrooms, each equipped with built-in wardrobes ensuring ample storage space. The bathroom offers a white suite with a separate W.C.

The apartment also benefits from a communal garden, perfect for outdoor relaxation and enjoying sunny days. With its irresistible charm and advantageous location, this apartment is a fantastic opportunity for first-time buyers or investors. Don't miss out and book a viewing today.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
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. The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

SWN250079/2

Agent Details

Your Move, Bromley

020 3823 6433

Next Steps?

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