Fair Acres, Bromley
ED

Fair Acres, Bromley

By Edmund Estate Agents

£ 315,000

Reviews

2 out of 5 stars

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

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
816,250.00 £
Increased by 11.20 %
from 734,045.00 £
Est sale value
649,116.00 £
Increased by 38.32 %
from 469,300.00 £
Average area rental value
1,675.00 £/mo
Decreased by 16.67 %
from 2,010.00 £/mo
Est letting value
988.00 £/mo
Unchanged by 0.00 %
from 988.00 £/mo
Est rental Yield
2.46 %
Decreased by 25.23 %
from 3.29 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Edmund Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
The Ravensbourne SchoolAcademy ConverterGood0.83 KM
Bromley Trust Alternative Provision AcademyAcademy Alternative Provision Sponsor LedGood1.05 KM
Pickhurst AcademyAcademy Converter1.10 KM
Pickhurst Infant AcademyAcademy Converter1.10 KM
St Mark'S Church Of England Primary SchoolAcademy ConverterGood1.16 KM

Images

INTEGRAL GARAGE & DRIVEWAY FITTED KITCHEN LOUNGE/DINER SECURE COMMUNAL GROUNDS FAMILY BATHROOM BEDROOM ONE BEDROOM TWO INTEGRAL GARAGE & DRIVEWAY

Nearby Streets

NameAverage PriceAverage SqftDistance
Cromwell Close £ 000.00 KM
Tiger Lane £ 000.00 KM
Simpsons Road £ 340,00000.00 KM
St. Mark's Road £ 000.00 KM
Gainsborough Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bromley South5064BMS1.21 KM
Hayes5050HYS1.52 KM
Bromley North5096BMN2.12 KM
Shortlands5084SRT2.33 KM
Sundridge Park5155SUP2.81 KM

Nearby Listings

AddressPriceTypeScoreDistance
Fair Acres, Bromley £ 315,000BUY5 / 100.00 KM
Fair Acres, Bromley £ 325,000BUY5 / 100.00 KM
Fair Acres, Vaughan Lodge Fair Acres, BR2 £ 325,000BUY6 / 100.02 KM
Handel Lodge, Fair Acres, Bromley, Kent, BR2 £ 300,000BUY7 / 100.03 KM
Fair Acres, Bromley, BR2 £ 320,000BUYUnknown0.03 KM

Nearby Properties

AddressPriceDistance
3 Cornford Close £ 218,0000.09 KM
8 Cornford Close £ 288,0000.09 KM
12 Cornford Close £ 420,0000.09 KM
7 Cornford Close £ 470,0000.09 KM
4 Cornford Close £ 245,0000.09 KM