Bromley Road, Bromley, BR1
By John Alan Estate Agents
£ 149,995
Reviews
2 out of 5 stars
John Alan Estate Agents says ..
Calling all CASH INVESTORS! Two double bedroomed top floor purpose built flat in Downham. 58 year lease hence not mortgageable. Currently let under an assured shorthold tenancy producing £13,200 per annum. Tenants to remain at the property. Great buy.
Property Oracle says ..
This two-bedroom, one-bathroom flat in Downham, Bromley, is presented as a potential investment opportunity due to its current rental status. The property’s location offers proximity to well-regarded schools and reasonable access to transport links, making it appealing to families and commuters. However, the lack of outdoor space is a notable drawback. Inside, the property’s condition appears to be fair to good, with the interior being relatively clean and modern with some areas showing signs of age and could benefit from some upgrades, particularly in the bathroom. The flat is situated on Bromley Road, which may present some environmental considerations such as traffic noise. The listed price seems competitive, particularly for investors; however, first-time buyers might find the limited space and lack of a garden less appealing. Further details, such as the leasehold information (58 years remaining), should be carefully considered by potential buyers. The property’s suitability depends greatly on the buyer’s priorities and financial situation. This property would likely appeal to buy-to-let investors given its current rental status and relatively competitive price.
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
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Metrics Year-on-Year
- Average area value
- 484,000.00 £Increased by 14.25 %
- Average area rental value
- 1,663.00 £/moDecreased by 15.63 %
- Est rental Yield
- 4.12 %Decreased by 26.16 %
- Crime Rate
- 19.00 %Unchanged by 0.00 %
Agent Activity
John Alan Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bonus Pastor Catholic College | Voluntary Aided School | Outstanding | 0.40 KM |
| Downderry Primary School | Community School | Outstanding | 0.69 KM |
| Rangefield Primary School | Community School | Requires improvement | 0.84 KM |
| Downderry Children'S Centre | Children's Centre | 0.86 KM | |
| New Woodlands School | Community Special School | Good | 0.87 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Oakridge Lane | £ 0 | 0 | 0.00 KM |
| Hillbrow Road | £ 0 | 0 | 0.00 KM |
| Tresco Close | £ 412,500 | 0 | 0.00 KM |
| Primrose Close | £ 0 | 0 | 0.00 KM |
| Connisborough Crescent | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ravensbourne | 5083 | RVB | 1.13 KM |
| Beckenham Hill | 5076 | BEC | 1.33 KM |
| Bellingham | 5062 | BGM | 1.99 KM |
| Shortlands | 5084 | SRT | 2.09 KM |
| Beckenham Junction | 5046 | BKJ | 2.81 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Fieldside Road, Bromley, BR1 4 | £ 415,000 | BUY | 6 / 10 | 0.07 KM |
| Downham Way, Bromley, BR1 | £ 425,000 | BUY | 6 / 10 | 0.12 KM |
| Bromley Road, Bromley, BR1 | £ 230,000 | BUY | 6 / 10 | 0.14 KM |
| Bromley Road, Bromley, BR1 | £ 235,000 | BUY | 7 / 10 | 0.15 KM |
| Old Bromley Road, Bromley | £ 225,000 | BUY | 5 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 477a Bromley Road | £ 167,000 | 0.08 KM |
| 475a Bromley Road | £ 159,000 | 0.08 KM |
| 33 Fieldside Road | £ 415,000 | 0.11 KM |
| 10 Fieldside Road | £ 350,000 | 0.11 KM |
| 7 Fieldside Road | £ 175,000 | 0.11 KM |