Southlands Road, Bromley
Coady Phillips logo

Southlands Road, Bromley

By Coady Phillips

£ 450,000

Reviews

3 out of 5 stars

Coady Phillips says ..

This character semi detached three bedroom house in our opinion offers tremendous potential for one to enhance and extend subject to planning and whilst requiring complete refurbishment would be a great project for a family of investors alike.

Property Oracle says ..

This three-bedroom semi-detached house located on Southlands Road in Bromley, BR2 9NT, presents a compelling yet challenging investment opportunity. The property benefits from its location in a sought-after area of Bromley, characterised by good schools, nearby transport links (multiple Southeastern train stations within 2.5km), and local amenities. The presence of a reasonably sized garden further adds to its desirability.

However, the property is in need of substantial refurbishment. The interior photos reveal outdated fixtures and fittings and require significant work before it becomes habitable. The flooring, walls, kitchen, and bathroom all appear dated and need replacing or completely overhauling. This will represent a substantial cost for any prospective buyer.

Given the need for complete renovation, the list price of £450,000 demands careful consideration. While similar properties on Southlands Road and nearby streets command comparable prices, this property needs factoring in the substantial renovation costs. Therefore, a realistic assessment is needed to determine the true value after the refurbishment is complete.

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
4
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
849.27

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
426,333.54 £
Increased by 8.66 %
from 392,362.74 £
Average area rental value
1,824.00 £/mo
Increased by 9.48 %
from 1,666.00 £/mo
Est letting value
849.27 £/mo
Unchanged by 0.00 %
from 849.27 £/mo
Est rental Yield
4.23 %
Increased by 16.53 %
from 3.63 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Coady Phillips marked this listing as sold.

  • Coady Phillips created the listing.

Nearby Schools

NameTypeOfstedDistance
Raglan Primary SchoolAcademy ConverterGood0.35 KM
St George'S, Bickley, Church Of England Primary SchoolAcademy ConverterGood0.90 KM
London South East CollegesFurther EducationGood0.94 KM
Bickley Primary SchoolAcademy Converter0.96 KM
La Fontaine AcademyFree SchoolsGood0.96 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Fashoda Road £ 700,00000.00 KM
Jaffray Road £ 000.00 KM
Nelson Road £ 570,00000.00 KM
Lindsey Close £ 1,075,00000.00 KM
St. Michael's Close £ 800,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Bickley5063BKL1.23 KM
Bromley South5064BMS2.07 KM
Bromley North5096BMN2.51 KM
Sundridge Park5155SUP2.59 KM
Elmstead Woods5135ESD2.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
Southlands Road, Bromley £ 450,000BUY6 / 100.00 KM
Southlands Road, Bromley £ 550,000BUY7 / 100.05 KM
Southlands Road, Bromley £ 415,000BUYUnknown0.08 KM
Addison Road, Bromley £ 375,000BUYUnknown0.09 KM
Fashoda Road, Bromley £ 625,000BUY6 / 100.11 KM

Nearby Properties

AddressPriceDistance
77 Southlands Road £ 500,0000.05 KM
89 Southlands Road £ 420,0000.05 KM
129 Southlands Road £ 527,0000.05 KM
95 Southlands Road £ 260,0000.05 KM
133 Southlands Road £ 95,0000.05 KM