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Albyfield, Bickley

South East

£825,000
Listed on 23/04/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
1792 sqft

Description

Nestled in a tranquil residential neighborhood in Bickley, this spacious five-bedroom home from the late 1960s offers a unique opportunity for renovation and personal customization. Featuring a generous layout, the property serves as a blank canvas ready for transformation to meet modern living standards while retaining its original charm. The ground floor comprises a large kitchen and breakfast area, complemented by a utility room and cloakroom. A substantial open-plan lounge and dining space provides ample room for family gatherings or entertaining guests. Upstairs, you will find five well-sized bedrooms, including a master suite with an ensuite bathroom, along with an additional family bathroom. This home overlooks a mature green space, offering both security and a sense of community. Its location is particularly advantageous, being within walking distance of Bickley station, which provides convenient access to local transport links. Families will appreciate the proximity to reputable schools such as Bullers Wood and Bromley High School for Girls. The south-facing garden presents an opportunity for development or enhancement; it is well-enclosed and features a sizable lawn area and patio—ideal for outdoor enjoyment. With an integral garage and driveway, there's potential to reconfigure or expand the living space (subject to planning permissions), making this property an ideal investment for those looking to create their perfect family home. An internal viewing is recommended to fully appreciate the potential this house offers.

Investment Analysis

(BR1 area)

Below Market Value

This property is priced -9.8% below area average per sq ft

-9.8%
Potential saving
This Property
£460/sq ft
Area Average
£510/sq ft
Avg Rent (weekly)
£411
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£82,500 - £206,250
10-25% of property value
Target Value
£1,005,706
10% above area average per sq ft
Potential ROI
-2.5%
After renovation
Monthly Sales
36
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (BR1)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 3.7%
5 year growth: 11.5%
Investment Disclaimer: Analysis based on BR1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Albyfield, Bickley
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