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 The interior photos reveal outdated fixtures and fittings and require significant work before it becomes habitable.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 %
- Est sale value
- 426,333.54 £Increased by 8.66 %
- Average area rental value
- 1,824.00 £/moIncreased by 9.48 %
- Est letting value
- 849.27 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.23 %Increased by 16.53 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Coady Phillips marked this listing as sold.
Coady Phillips created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Raglan Primary School | Academy Converter | Good | 0.35 KM |
St George'S, Bickley, Church Of England Primary School | Academy Converter | Good | 0.90 KM |
London South East Colleges | Further Education | Good | 0.94 KM |
Bickley Primary School | Academy Converter | 0.96 KM | |
La Fontaine Academy | Free Schools | Good | 0.96 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Fashoda Road | £ 700,000 | 0 | 0.00 KM |
Jaffray Road | £ 0 | 0 | 0.00 KM |
Nelson Road | £ 570,000 | 0 | 0.00 KM |
Lindsey Close | £ 1,075,000 | 0 | 0.00 KM |
St. Michael's Close | £ 800,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Bickley | 5063 | BKL | 1.23 KM |
Bromley South | 5064 | BMS | 2.07 KM |
Bromley North | 5096 | BMN | 2.51 KM |
Sundridge Park | 5155 | SUP | 2.59 KM |
Elmstead Woods | 5135 | ESD | 2.64 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Southlands Road, Bromley | £ 450,000 | BUY | 6 / 10 | 0.00 KM |
Southlands Road, Bromley | £ 550,000 | BUY | 7 / 10 | 0.05 KM |
Southlands Road, Bromley | £ 415,000 | BUY | Unknown | 0.08 KM |
Addison Road, Bromley | £ 375,000 | BUY | Unknown | 0.09 KM |
Fashoda Road, Bromley | £ 625,000 | BUY | 6 / 10 | 0.11 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
77 Southlands Road | £ 500,000 | 0.05 KM |
89 Southlands Road | £ 420,000 | 0.05 KM |
129 Southlands Road | £ 527,000 | 0.05 KM |
95 Southlands Road | £ 260,000 | 0.05 KM |
133 Southlands Road | £ 95,000 | 0.05 KM |