Spencer Road, Bromley, BR1
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Spencer Road, Bromley, BR1

By Sinclair Hammelton

£ 260,000

Reviews

2 out of 5 stars

Sinclair Hammelton says ..

GUIDE PRICE £260,000 - £270,000 Offered chain free! A very well presented spacious one-bedroom apartment, nestled between Shortlands and Sundridge Park. The apartment is at the rear of the property and comprises; Private balcony, beautifully maintained communal gardens, resident/visit...

Property Oracle says ..

This one-bedroom apartment on Spencer Road, Bromley, BR1, presents a mixed bag. Its location is advantageous for commuters due to its proximity to several train stations offering connections to central London and beyond. The presence of schools nearby makes it a potentially attractive option for families. However, the precise location within Spencer Road would need further investigation to establish how prime it is, especially in relation to local amenities such as shops and other important establishments.

The property itself is clean and appears to be well-maintained but lacks the luxurious feel of a recently renovated space. The kitchen and bathroom are dated in their design and while functional, they are likely to benefit from a refurbishment, potentially raising the market value upon completion. The lack of private outdoor space is a notable consideration, as the property only offers access to communal gardens. This is typical for apartments but may be a significant drawback for some buyers.

The listing price is comparable to other one-bedroom apartments in the area, however. A deeper review of local sales data in comparison to other one-bedroom apartments, considering factors like size and features, would help in accurately assessing its value for money. Further investigation of the apartment’s specifics, the state of its appliances, and the condition of the communal garden spaces and any other shared amenities would benefit in making a more confident final assessment of value. Overall, this one-bedroom apartment is worth consideration for first-time buyers or those who prioritize convenience and location, but prospective buyers should factor in the cost and effort of potential renovations.

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
6
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
570.00

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
286,140.00 £
Increased by 8.66 %
from 263,340.00 £
Average area rental value
1,824.00 £/mo
Increased by 9.48 %
from 1,666.00 £/mo
Est letting value
570.00 £/mo
Unchanged by 0.00 %
from 570.00 £/mo
Est rental Yield
4.23 %
Increased by 16.53 %
from 3.63 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Sinclair Hammelton created the listing.

Nearby Schools

NameTypeOfstedDistance
Valley Primary SchoolAcademy ConverterGood0.83 KM
Burnt Ash Children And Family CentreChildren's Centre0.99 KM
Parish Church Of England Primary SchoolAcademy Converter1.00 KM
Burnt Ash Primary SchoolAcademy ConverterOutstanding1.10 KM
Rangefield Primary SchoolCommunity SchoolRequires improvement1.12 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Cawston Court £ 325,00000.00 KM
Treversh Court £ 000.00 KM
Tresco Close £ 412,50000.00 KM
Farmfield Road £ 440,00000.00 KM
Glebe Knoll £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Shortlands5084SRT1.06 KM
Bromley North5096BMN1.43 KM
Ravensbourne5083RVB1.46 KM
Sundridge Park5155SUP1.75 KM
Bromley South5064BMS2.07 KM

Nearby Listings

AddressPriceTypeScoreDistance
Spencer Road, Bromley, BR1 £ 260,000BUY5 / 100.00 KM
Oaklands Road Bromley BR1 £ 450,000BUY5 / 100.09 KM
Oaklands Road, Bromley, BR2 £ 375,000BUY5 / 100.09 KM
Oaklands Road, Bromley, BR1 £ 325,000BUY6 / 100.10 KM
Oaklands Road, Bromley, Kent £ 375,000BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
7e Spencer Road £ 250,0000.07 KM
17 Spencer Road £ 390,0000.07 KM
1a Spencer Road £ 331,6800.07 KM
11 Spencer Road £ 249,9500.07 KM
7c Spencer Road £ 326,0000.07 KM