Edmund Estate Agents says ..
'Chain Free' two bedroom split level apartment with extended lease, integral garage and private parking space. Located on the ever popular Fair Acres development with private park and lake, the property comprises of two double bedrooms, 16' x 13' lounge/diner, family bathroom and fitted kitchen. ...
Property Oracle says ..
The property is a 2-bedroom apartment located in Bromley, Greater London. It has a list price of £315,000 and is 988 sqft. The property benefits from being close to several Southeastern train stations, with Bromley South being the closest at 1.21km. There are also several schools within a reasonable distance, including The Ravensbourne School and Bromley Trust Alternative Provision Academy, both rated \‘Good\’ by Ofsted.
The apartment appears to be in reasonable condition, although some updating might be desirable to enhance its appeal. The kitchen and bathroom seem functional but could benefit from modernisation. The images show a relatively simple, possibly dated, interior. The communal areas, including a pond, suggest a well-maintained environment. The lack of a private garden or plot size is a notable feature.
Considering the average house price in the area is significantly higher at £718,780, and the average price per sqft is £540, the listed price of £315,000 for this 988 sqft apartment appears relatively low. However, the lack of information regarding the specifics of comparable properties (the provided data for nearby listings is missing sqft information) makes a definitive conclusion about the price’s reasonableness difficult. The lower price might reflect the apartment’s size, lack of outdoor space, and the need for some modernisation.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 8
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 988.00
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Metrics Year-on-Year
- Average area value
- 816,250.00 £Increased by 11.20 %
- Est sale value
- 649,116.00 £Increased by 38.32 %
- Average area rental value
- 1,675.00 £/moDecreased by 16.67 %
- Est letting value
- 988.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.46 %Decreased by 25.23 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Edmund Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Ravensbourne School | Academy Converter | Good | 0.83 KM |
| Bromley Trust Alternative Provision Academy | Academy Alternative Provision Sponsor Led | Good | 1.05 KM |
| Pickhurst Academy | Academy Converter | 1.10 KM | |
| Pickhurst Infant Academy | Academy Converter | 1.10 KM | |
| St Mark'S Church Of England Primary School | Academy Converter | Good | 1.16 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cromwell Close | £ 0 | 0 | 0.00 KM |
| Tiger Lane | £ 0 | 0 | 0.00 KM |
| Simpsons Road | £ 340,000 | 0 | 0.00 KM |
| St. Mark's Road | £ 0 | 0 | 0.00 KM |
| Gainsborough Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bromley South | 5064 | BMS | 1.21 KM |
| Hayes | 5050 | HYS | 1.52 KM |
| Bromley North | 5096 | BMN | 2.12 KM |
| Shortlands | 5084 | SRT | 2.33 KM |
| Sundridge Park | 5155 | SUP | 2.81 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Fair Acres, Bromley | £ 315,000 | BUY | 5 / 10 | 0.00 KM |
| Fair Acres, Bromley | £ 325,000 | BUY | 5 / 10 | 0.00 KM |
| Fair Acres, Vaughan Lodge Fair Acres, BR2 | £ 325,000 | BUY | 6 / 10 | 0.02 KM |
| Handel Lodge, Fair Acres, Bromley, Kent, BR2 | £ 300,000 | BUY | 7 / 10 | 0.03 KM |
| Fair Acres, Bromley, BR2 | £ 320,000 | BUY | Unknown | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 Cornford Close | £ 218,000 | 0.09 KM |
| 8 Cornford Close | £ 288,000 | 0.09 KM |
| 12 Cornford Close | £ 420,000 | 0.09 KM |
| 7 Cornford Close | £ 470,000 | 0.09 KM |
| 4 Cornford Close | £ 245,000 | 0.09 KM |