Southborough Lane, Bromley, BR2
SI

Southborough Lane, Bromley, BR2

By Sinclair Hammelton

£ 650,000

Reviews

3 out of 5 stars

Sinclair Hammelton says ..

*OPEN DAY SATURDAY 18TH JANUARY* Strictly by appointment only. Sinclair Hammelton are delighted to present to the market this larger than usual three bedroom semi-detached house located on a very popular residential road in Petts Wood. On the ground floor, Southborough ...

Property Oracle says ..

This three-bedroom semi-detached house located on Southborough Lane in Bromley, BR2, presents a mixed bag. Its location is a major strength. Petts Wood station is within walking distance, making commuting to London easier. The nearby Southborough Primary School (rated ‘Good’ by Ofsted) adds to its family-friendliness. The presence of a sizable garden is also a significant plus, offering both usable outdoor space and potential for future development or improvements.

However, the property’s condition appears to need modernization. The interior décor is dated and would benefit from a refurbishment. The kitchen and bathroom in particular seem outdated, so a significant investment would be needed to bring them up to modern standards. The carpets also appear worn. While this may not affect its structural integrity, prospective buyers should be prepared for potential renovation costs.

The list price of £650,000 is reasonable considering the location and the presence of a garden, especially when comparing it with other three-bedroom semi-detached properties in the nearby area (such as other listings on Southborough Lane). However, the lack of detailed plot size information and limited local comparable sales data does not allow for a precise valuation. Without these details, the assessment of this property’s price compared to market value is not perfect. Further investigation into local comparable sales would provide a more accurate evaluation. Potential buyers should carefully consider the cost of renovations as part of their overall property acquisition and budgeting plans.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
1,159.00

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
641,249.00 £
Decreased by 27.51 %
from 884,590.00 £
Est sale value
689,605.00 £
Increased by 7.01 %
from 644,404.00 £
Average area rental value
3,665.00 £/mo
Increased by 82.61 %
from 2,007.00 £/mo
Est letting value
3,477.00 £/mo
Increased by 200.00 %
from 1,159.00 £/mo
Est rental Yield
6.86 %
Increased by 152.21 %
from 2.72 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Sinclair Hammelton created the listing.

Nearby Schools

NameTypeOfstedDistance
Southborough Primary SchoolFoundation SchoolGood0.30 KM
St James' Roman Catholic Primary SchoolAcademy Converter0.63 KM
Bromley High SchoolOther Independent School0.81 KM
Trinity Church Of England Primary SchoolAcademy Sponsor LedGood1.92 KM
Tlc The Learning CentreOther Independent Special SchoolGood1.92 KM

Images

Picture No. 04 Picture No. 08 Picture No. 18 Picture No. 05 Picture No. 13 Picture No. 11 Picture No. 06 Picture No. 12 Picture No. 16 Picture No. 19 Picture No. 01 Picture No. 15 Picture No. 02 Picture No. 03 Picture No. 10 Picture No. 07 Picture No. 09 Picture No. 14 Picture No. 17 Picture No. 24 Picture No. 30 Picture No. 29 Picture No. 26 Picture No. 23

Nearby Streets

NameAverage PriceAverage SqftDistance
Thorn Close £ 000.00 KM
Laburnum Way £ 535,00000.00 KM
Almond Close £ 000.00 KM
Rolleston Close £ 735,00000.00 KM
Belfry Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Petts Wood5123PET1.53 KM
Chislehurst5099CIT1.88 KM
Bickley5063BKL2.10 KM
Orpington5122ORP3.60 KM
Elmstead Woods5135ESD3.62 KM

Nearby Listings

AddressPriceTypeScoreDistance
Southborough Lane, Bromley, BR2 £ 650,000BUY6 / 100.00 KM
Southborough Lane, Bromley, BR2 £ 650,000BUY6 / 100.01 KM
Oxhawth Crescent, Bromley, BR2 £ 550,000BUY7 / 100.16 KM
Southborough Lane, Bromley, Greater London £ 600,000BUYUnknown0.17 KM
Southborough Lane, Bromley, BR2 £ 800,000BUYUnknown0.20 KM

Nearby Properties

AddressPriceDistance
25 Oxhawth Crescent £ 300,0000.15 KM
19 Oxhawth Crescent £ 490,0000.15 KM
1 Oxhawth Crescent £ 366,0000.15 KM
17 Oxhawth Crescent £ 249,0000.15 KM
39 Oxhawth Crescent £ 562,5000.15 KM