Palace Grove, Bromley
AL

Palace Grove, Bromley

By Alan de Maid

£ 100,000

Reviews

2 out of 5 stars

Alan de Maid says ..

OVER 60's ONLY - RETIREMENT FLAT CHAIN FREE!!! This lovely one-bedroom retirement flat is situated on the ground floor and is moments from Bromley town centre. It boasts a spacious reception room with an open plan kitchen and a fantastic large bedroom with built-in wardrobes. The bathr...

Property Oracle says ..

This one-bedroom retirement flat in Bromley, located on Palace Grove, offers a convenient location near Bromley North station and several schools. The property’s interior features dated decor and fixtures, suggesting the need for modernisation. The kitchen and bathroom are functional, but their style is outdated. While there is access to communal gardens, the flat itself lacks a private garden. The listing price appears competitive within the context of similar retirement properties in the area, although prospective buyers may wish to factor in potential renovation costs. The absence of precise square footage data for many nearby properties makes direct comparison challenging. Further investigation into the specific lease terms and any associated service charges is crucial before making a purchase decision. The property appears to be suitable for a retired individual or investor looking for a relatively affordable option in a convenient location, but prospective purchasers should budget for potential refurbishment work. This property may also hold potential as a rental investment given Bromley’s rental demand

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
5
Location
7
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
473.00

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
591,923.00 £
Increased by 11.40 %
from 531,371.00 £
Est sale value
284,746.00 £
Increased by 7.89 %
from 263,934.00 £
Average area rental value
1,705.00 £/mo
Decreased by 9.16 %
from 1,877.00 £/mo
Est letting value
473.00 £/mo
Unchanged by 0.00 %
from 473.00 £/mo
Est rental Yield
3.46 %
Decreased by 18.40 %
from 4.24 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Alan de Maid created the listing.

Nearby Schools

NameTypeOfstedDistance
Ashgrove School LtdOther Independent SchoolRequires improvement0.63 KM
The Tutorial FoundationOther Independent Special SchoolGood0.66 KM
St Joseph'S Catholic Primary SchoolAcademy ConverterGood0.85 KM
Parish Church Of England Primary SchoolAcademy Converter1.08 KM
Scotts Park Primary SchoolAcademy ConverterGood1.24 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
White Hart Slip £ 000.00 KM
Gordon Way £ 000.00 KM
St. Mark's Road £ 000.00 KM
Simpsons Road £ 340,00000.00 KM
Tiger Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bromley North5096BMN0.31 KM
Sundridge Park5155SUP0.72 KM
Bromley South5064BMS0.88 KM
Shortlands5084SRT1.99 KM
Grove Park5139GRP2.61 KM

Nearby Listings

AddressPriceTypeScoreDistance
Palace Grove, Bromley £ 100,000BUY5 / 100.00 KM
Palace Grove, Bromley £ 110,000BUY7 / 100.00 KM
Palace Grove, Bromley £ 100,000BUY7 / 100.00 KM
Palace Grove, Bromley, BR1 £ 120,000BUY5 / 100.03 KM
Palace Grove, BROMLEY, Kent, BR1 £ 220,000BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
37d Palace Grove £ 200,0000.09 KM
37b Palace Grove £ 130,0000.09 KM
37c Palace Grove £ 180,0000.09 KM
48a Palace Grove £ 165,0000.09 KM
37 Palace Grove £ 240,0000.09 KM