Downham Way, Bromley
AC

Downham Way, Bromley

By Acorn

£ 350,000

Reviews

2 out of 5 stars

Acorn says ..

Acorn are delighted to welcome to the market this mid terrace family home, located in a popular spot. Offered to the market for the first time in 60 years, the ground floor comprises front lounge, bathroom and fitted kitchen. The first floor offers three well proportioned bedrooms.

Property Oracle says ..

This three-bedroom terraced house in Downham, Bromley, presents a mixed bag. Its location is a key positive. Downham benefits from good transport links to central London via various Southeastern train stations within a short distance. The presence of several schools nearby, including some with good Ofsted ratings, makes it an attractive area for families. However, the property itself is in a poor state of repair. The images reveal dated interiors, including the kitchen, bathroom, and living areas, all requiring complete renovation. The garden, while present, also needs substantial attention. The pricing at £350,000 reflects the need for renovations, falling in line with the average prices of similarly sized properties in the vicinity, however, the specifics on square footage of the property and comparable properties makes a precise comparison difficult. Potential buyers should be prepared for significant costs associated with modernisation and expect to factor these into their budget. Overall, it’s a property offering development potential, but the prospective buyer should approach this purchase with a keen eye for renovation costs and realistic expectations regarding the work required.

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
4
Location
7
Land
5
Bedrooms
3
Bathrooms
1
Sqft (est)
738.00

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
484,000.00 £
Increased by 14.25 %
from 423,643.00 £
Est sale value
369,000.00 £
Increased by 32.98 %
from 277,488.00 £
Average area rental value
1,663.00 £/mo
Decreased by 15.63 %
from 1,971.00 £/mo
Est letting value
738.00 £/mo
Unchanged by 0.00 %
from 738.00 £/mo
Est rental Yield
4.12 %
Decreased by 26.16 %
from 5.58 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Acorn marked this listing as sold.

  • Acorn created the listing.

Nearby Schools

NameTypeOfstedDistance
Rangefield Primary SchoolCommunity SchoolRequires improvement0.39 KM
Good Shepherd Rc SchoolVoluntary Aided SchoolGood0.40 KM
Burnt Ash Children And Family CentreChildren's Centre0.61 KM
Downderry Children'S CentreChildren's Centre0.73 KM
Burnt Ash Primary SchoolAcademy ConverterOutstanding0.76 KM

Images

External Reception Garden Garden Kicthen Bedroom Bedroom Bedroom Bathroom Map Garden External

Nearby Streets

NameAverage PriceAverage SqftDistance
Merlinmead £ 000.00 KM
Farmfield Road £ 440,00000.00 KM
Pontefract Road £ 387,50000.00 KM
Riverbank Road £ 000.00 KM
Dagonet Road £ 425,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Grove Park5139GRP1.73 KM
Ravensbourne5083RVB2.04 KM
Sundridge Park5155SUP2.04 KM
Bromley North5096BMN2.19 KM
Shortlands5084SRT2.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Downham Way, Bromley £ 350,000BUY5 / 100.00 KM
Keedonwood Road, BR1 £ 350,000BUY6 / 100.09 KM
Keedonwood Road, Bromley, BR1 £ 380,000BUY6 / 100.26 KM
Rangefield Road, Bromley, BR1 £ 400,000BUY6 / 100.26 KM
Rangefield Road, Bromley, Lewisham, BR1 £ 400,000BUY7 / 100.26 KM

Nearby Properties

AddressPriceDistance
197 Downham Way £ 150,0000.01 KM
249 Downham Way £ 178,0000.01 KM
247 Downham Way £ 190,0000.01 KM
181 Downham Way £ 320,0000.01 KM
199 Downham Way £ 260,0000.01 KM