Bromley Road, Bromley, BR1
JO

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

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
484,000.00 £
Increased by 14.25 %
from 423,643.00 £
Average area rental value
1,663.00 £/mo
Decreased by 15.63 %
from 1,971.00 £/mo
Est rental Yield
4.12 %
Decreased by 26.16 %
from 5.58 %
Crime Rate
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • John Alan Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Bonus Pastor Catholic CollegeVoluntary Aided SchoolOutstanding0.40 KM
Downderry Primary SchoolCommunity SchoolOutstanding0.69 KM
Rangefield Primary SchoolCommunity SchoolRequires improvement0.84 KM
Downderry Children'S CentreChildren's Centre0.86 KM
New Woodlands SchoolCommunity Special SchoolGood0.87 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Oakridge Lane £ 000.00 KM
Hillbrow Road £ 000.00 KM
Tresco Close £ 412,50000.00 KM
Primrose Close £ 000.00 KM
Connisborough Crescent £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ravensbourne5083RVB1.13 KM
Beckenham Hill5076BEC1.33 KM
Bellingham5062BGM1.99 KM
Shortlands5084SRT2.09 KM
Beckenham Junction5046BKJ2.81 KM

Nearby Listings

AddressPriceTypeScoreDistance
Fieldside Road, Bromley, BR1 4 £ 415,000BUY6 / 100.07 KM
Downham Way, Bromley, BR1 £ 425,000BUY6 / 100.12 KM
Bromley Road, Bromley, BR1 £ 230,000BUY6 / 100.14 KM
Bromley Road, Bromley, BR1 £ 235,000BUY7 / 100.15 KM
Old Bromley Road, Bromley £ 225,000BUY5 / 100.18 KM

Nearby Properties

AddressPriceDistance
477a Bromley Road £ 167,0000.08 KM
475a Bromley Road £ 159,0000.08 KM
33 Fieldside Road £ 415,0000.11 KM
10 Fieldside Road £ 350,0000.11 KM
7 Fieldside Road £ 175,0000.11 KM