Fair Acres, Bromley
ED

Fair Acres, Bromley

By Edmund Estate Agents

£ 325,000

Reviews

2 out of 5 stars

Edmund Estate Agents says ..

Light and spacious 'Chain Free' two double bedroom split level apartment with fantastic views over the secure communal grounds and lake. The property, which benefits from an extended lease and garage en bloc with parking space to front, is located in the ever popular Fair Acres development close ...

Property Oracle says ..

This two-bedroom, one-bathroom apartment in Fair Acres, Bromley, is listed at £325,000. The property is conveniently located near Bromley South station, offering good transport links. Several schools are within walking distance, making it potentially appealing to families. The apartment itself appears to be in reasonable condition, though the images suggest it may benefit from some minor cosmetic updates. A key drawback is the lack of any significant outdoor space; it’s an apartment with no garden. The price appears competitive with other similar properties in the area, but a thorough inspection and consideration of leasehold details are crucial before making a purchase decision. Further information on the apartment’s specific features (e.g., lease length, service charges) would significantly enhance the assessment of its value. The limited plot size is a significant factor to consider for potential buyers. Overall, it presents a decent option for buyers prioritizing location and transport links but not requiring extensive outdoor space. Buyers should carefully weigh the pros and cons of apartment living in this specific location and compare it to other available properties in the area.

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
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
700.00

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
459,900.00 £
Increased by 38.32 %
from 332,500.00 £
Average area rental value
1,675.00 £/mo
Decreased by 16.67 %
from 2,010.00 £/mo
Est letting value
700.00 £/mo
Unchanged by 0.00 %
from 700.00 £/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 Infant AcademyAcademy Converter1.10 KM
Pickhurst AcademyAcademy Converter1.10 KM
St Mark'S Church Of England Primary SchoolAcademy ConverterGood1.16 KM

Images

COMMUNAL ENTRANCE FITTED KITCHEN LOUNGE/DINER BEDROOM ONE FAMILY BATHROOM BEDROOM TWO LOUNGE/DINER GARAGE EN BLOC LOUNGE/DINER

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
4 Cornford Close £ 245,0000.09 KM
3 Cornford Close £ 218,0000.09 KM
13 Cornford Close £ 455,0000.09 KM
1 Cornford Close £ 264,0000.09 KM
12 Cornford Close £ 420,0000.09 KM