Oaklands Road, Bromley, BR1
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Oaklands Road, Bromley, BR1

By jdm

£ 225,000

Reviews

2 out of 5 stars

jdm says ..

GUIDE PRICE £225,000 to £250,000 This one double bedroom apartment is situated on the second floor of the popular development 'Woodlands'. Presented to the market in need of refurbishment, the property represents a great opportunity.

Property Oracle says ..

Bromley is a popular town in Greater London, known for its good transport links and range of amenities. The property’s location on Oaklands Road places it within reasonable proximity to Bromley town centre, offering convenient access to shops, restaurants, and other services. Several schools are also within a reasonable distance, though specific details on their quality require further investigation. The presence of multiple Southeastern train stations within approximately two kilometers provides good commuter links to central London and other parts of Kent.

Based on the provided images, the property appears to be in need of significant modernisation. The carpets, wallpaper, kitchen, and bathroom all show signs of age and wear, suggesting a need for refurbishment. The overall condition is not immediately apparent from the exterior shots, but the interior images strongly indicate a need for updating.

The property’s plot size is listed as 0.00 sqft, indicating a lack of private garden space. While there is access to communal gardens, this is not equivalent to a private garden.

The list price of £225,000 for a 515 sqft one-bedroom apartment in Bromley requires further analysis to determine its reasonableness. The absence of sqft data for nearby properties prevents a direct price per sqft comparison. However, the prices of nearby apartments vary significantly, ranging from £250,000 to £400,000. Given the property’s condition and lack of a private garden, the list price may be at the lower end of the market value, although a full comparative market analysis is needed for a definitive conclusion. The need for significant modernisation will likely impact the final sale price.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
5
Condition
4
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
515.00

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
517,861.00 £
Decreased by 5.96 %
from 550,661.00 £
Est sale value
258,530.00 £
Increased by 8.66 %
from 237,930.00 £
Average area rental value
1,824.00 £/mo
Increased by 9.48 %
from 1,666.00 £/mo
Est letting value
515.00 £/mo
Unchanged by 0.00 %
from 515.00 £/mo
Est rental Yield
4.23 %
Increased by 16.53 %
from 3.63 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • jdm created the listing.

Nearby Schools

NameTypeOfstedDistance
Valley Primary SchoolAcademy ConverterGood0.86 KM
Rangefield Primary SchoolCommunity SchoolRequires improvement1.11 KM
Bishop Challoner SchoolOther Independent School1.15 KM
Burnt Ash Children And Family CentreChildren's Centre1.16 KM
Parish Church Of England Primary SchoolAcademy Converter1.24 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Treversh Court £ 000.00 KM
Tresco Close £ 412,50000.00 KM
Cawston Court £ 325,00000.00 KM
Farmfield Road £ 440,00000.00 KM
Queen's Mead Road £ 299,99500.00 KM

Nearby Transport

NameNLCTLCDistance
Shortlands5084SRT0.98 KM
Ravensbourne5083RVB1.22 KM
Bromley North5096BMN1.65 KM
Sundridge Park5155SUP1.99 KM
Bromley South5064BMS2.23 KM

Nearby Listings

AddressPriceTypeScoreDistance
Oaklands Road, Bromley, BR1 £ 225,000BUY4 / 100.00 KM
Oaklands Road, Bromley, BR1 £ 250,000BUY6 / 100.03 KM
Oaklands Road, Bromley, BR1 £ 375,000BUY6 / 100.03 KM
Oaklands Road, Bromley £ 1,250,000BUYUnknown0.03 KM
Oaklands Road Bromley BR1 £ 360,000BUY7 / 100.03 KM

Nearby Properties

AddressPriceDistance
23b Oaklands Road £ 337,7500.03 KM
29 Oaklands Road £ 640,0000.03 KM
1 Oaklands Road £ 531,6000.03 KM
43 Oaklands Road £ 265,0000.03 KM
23a Oaklands Road £ 470,0000.03 KM