Chingley Close, Bromley, BR1
CU

Chingley Close, Bromley, BR1

By Curran & Pinner

£ 145,000

Reviews

2 out of 5 stars

Curran & Pinner says ..

INVESTMENT OPPORTUNITY – STUDIO FLAT FOR REFURBISHMENT – CASH BUYERS ONLY.Offered to the market with no onward chain and at a highly competitive price, this first-floor studio flat presents an excellent opportunity for investors or cash purchasers seeking a full refurbishmen...

Property Oracle says ..

This one bedroom apartment is located in Bromley, a suburb of London. The property is conveniently located near several transportation links, including Ravensbourne, Shortlands, and Bromley North train stations, all within a 2km radius. There are also several highly-rated schools within a 1km radius, such as Bonus Pastor Catholic College (Outstanding Ofsted rating) and Downderry Primary School (Outstanding Ofsted rating). The apartment itself appears to be in need of some modernisation and updating, as evidenced by the dated kitchen and bathroom fixtures shown in the provided images. The property is listed at £145,000, which is significantly lower than the average price of £431,360 for properties in the area. However, this is likely due to the condition of the apartment and the lack of a garden. Considering the need for renovation, the price may still be reasonable for a first-time buyer or investor willing to undertake refurbishment works. The surrounding area includes a mix of property types and prices, with nearby flats ranging from £104,000 to £300,000. This suggests that the listed price of £145,000 is competitive, although it’s important to note that the square footage of comparable properties is not provided.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
1
Bathrooms
0
Sqft (est)
355.21

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
484,000.00 £
Increased by 14.25 %
from 423,643.00 £
Est sale value
177,605.00 £
Increased by 32.98 %
from 133,558.96 £
Average area rental value
1,663.00 £/mo
Decreased by 15.63 %
from 1,971.00 £/mo
Est letting value
355.21 £/mo
Unchanged by 0.00 %
from 355.21 £/mo
Est rental Yield
4.12 %
Decreased by 26.16 %
from 5.58 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Curran & Pinner created the listing.

Nearby Schools

NameTypeOfstedDistance
Rangefield Primary SchoolCommunity SchoolRequires improvement0.56 KM
Bonus Pastor Catholic CollegeVoluntary Aided SchoolOutstanding0.92 KM
Burnt Ash Children And Family CentreChildren's Centre0.96 KM
Downderry Primary SchoolCommunity SchoolOutstanding1.00 KM
Downderry Children'S CentreChildren's Centre1.07 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hillbrow Road £ 000.00 KM
Tresco Close £ 412,50000.00 KM
Farmfield Road £ 440,00000.00 KM
Pontefract Road £ 387,50000.00 KM
Treversh Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ravensbourne5083RVB1.27 KM
Shortlands5084SRT1.53 KM
Bromley North5096BMN2.01 KM
Beckenham Hill5076BEC2.13 KM
Sundridge Park5155SUP2.17 KM

Nearby Listings

AddressPriceTypeScoreDistance
Arcus Road, Kent, BR1 £ 400,000BUY6 / 100.15 KM
Swiftsden Way, Bromley, BR1 £ 280,000BUY6 / 100.15 KM
Glenbow Road, Bromley, BR1 £ 410,000BUY6 / 100.17 KM
Glenbow Road, Bromley £ 415,000BUY6 / 100.17 KM
Swiftsden Way, Bromley, BR1 £ 500,000BUY6 / 100.24 KM

Nearby Properties

AddressPriceDistance
12 Chingley Close £ 225,0000.01 KM
2 Chingley Close £ 385,0000.01 KM
11 Chingley Close £ 300,0000.01 KM
6 Chingley Close £ 230,0000.01 KM
36 Chingley Close £ 104,0000.01 KM