Palace Grove, Bromley, BR1
FO

Palace Grove, Bromley, BR1

By Foxtons

£ 120,000

Reviews

2 out of 5 stars

Foxtons says ..

Situated on the first floor, this lovely 1 bedroom retirement flat boasts a bright and spacious reception room with modern kitchen, double bedroom and walk in shower.

Property Oracle says ..

This one-bedroom flat located on Palace Grove in Bromley, Greater London, is listed at £120,000. The property is situated close to Bromley North train station, offering convenient access to public transportation. Several schools are within walking distance, making it potentially attractive to families. The property itself is presented as clean and functional, with a modern kitchen and bathroom. However, the photos suggest the property may benefit from some modernisation or updating. A significant drawback is the lack of any outdoor space, which is a common feature in flats but may limit appeal to some buyers. The price appears reasonable in the context of other nearby retirement properties, but requires further analysis of comparable properties with similar square footage to determine its true value. The absence of plot size data for many nearby properties makes a full comparison challenging. Overall, this property presents a viable option for first-time buyers or investors looking for a convenient location in Bromley, but the lack of outdoor space and the need for potential modernisation should be considered.

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
1
Bathrooms
1
Sqft (est)
482.22

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
616,250.00 £
Increased by 3.00 %
from 598,316.00 £
Est sale value
230,501.16 £
Decreased by 15.40 %
from 272,454.30 £
Average area rental value
1,730.00 £/mo
Decreased by 8.90 %
from 1,899.00 £/mo
Est letting value
482.22 £/mo
Unchanged by 0.00 %
from 482.22 £/mo
Est rental Yield
3.37 %
Decreased by 11.55 %
from 3.81 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
Ashgrove School LtdOther Independent SchoolRequires improvement0.63 KM
The Tutorial FoundationOther Independent Special SchoolGood0.68 KM
St Joseph'S Catholic Primary SchoolAcademy ConverterGood0.87 KM
Parish Church Of England Primary SchoolAcademy Converter1.10 KM
St Mark'S Church Of England Primary SchoolAcademy ConverterGood1.26 KM

Images

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 Park5155SUP0.75 KM
Bromley South5064BMS0.85 KM
Shortlands5084SRT1.98 KM
Grove Park5139GRP2.63 KM

Nearby Listings

AddressPriceTypeScoreDistance
Palace Grove, Bromley, BR1 £ 120,000BUY5 / 100.00 KM
Palace Grove, Bromley £ 100,000BUY7 / 100.03 KM
Palace Grove, Bromley £ 100,000BUY5 / 100.03 KM
Palace Grove, Bromley £ 110,000BUY7 / 100.03 KM
Widmore Road, Bromley £ 295,000BUY7 / 100.07 KM

Nearby Properties

AddressPriceDistance
63 Widmore Road £ 180,0000.10 KM
35b Palace Grove £ 480,0000.11 KM
37b Palace Grove £ 130,0000.11 KM
37c Palace Grove £ 180,0000.11 KM
37 Palace Grove £ 240,0000.11 KM