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Hollydale Drive, Bromley

South East

£1,400,000
Listed on 03/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1971 sqft

Description

This 1930s detached house presents a distinctive opportunity for those looking to invest in a property with both character and significant renovation potential. Nestled behind a private gated driveway, the home features an impressive main reception area characterized by a vaulted ceiling and a striking floor-to-ceiling window, providing an abundance of natural light. The welcoming entrance hall leads into this well-proportioned living space, which is further enhanced by a contemporary fireplace. The layout includes two additional versatile reception rooms—currently utilized as a playroom and study—that can easily adapt to your needs. The modern kitchen breakfast room is thoughtfully designed, boasting a range of high-quality cabinets and elegant marble countertops, along with a separate dining area ideal for gatherings. Upstairs, the accommodation continues to impress with four spacious bedrooms complemented by a modern family bathroom. The exterior of the property has been meticulously maintained, featuring an electric gated driveway that ensures security and privacy. A side garden leads to a detached garage, while the secluded rear garden offers ample terrace space and meandering paths through thoughtfully landscaped lawns. Importantly, there is considerable potential for expansion or reconfiguration, subject to obtaining the necessary planning permissions. Located on the desirable Hollydale Drive, this home benefits from proximity to local shops, cafes, and restaurants in Locksbottom. The surrounding area is known for its excellent educational institutions such as Darrick Wood junior and senior schools, Keston primary school, and Ravenswood boys school. Furthermore, it is conveniently situated near highly regarded secondary schools like St. Olave's and Newstead Woods for girls. For those who appreciate outdoor activities, local amenities include Keston Ponds, High Elms Country Park, and Tugmutton Common, which features tennis courts and serves as home to a local cricket club. This property not only offers immediate comfort but also presents an exciting canvas for future enhancements in a sought-after location.

Investment Analysis

(BR2 area)

Above Market Value

This property is priced +33.4% above area average per sq ft

+33.4%
This Property
£710/sq ft
Area Average
£532/sq ft
Avg Rent (weekly)
£410
Avg Yield
3.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£1,154,296
10% above area average per sq ft
Potential ROI
-20.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (BR2)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 2.7%
5 year growth: 15.4%
Investment Disclaimer: Analysis based on BR2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Hollydale Drive, Bromley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£5,129
Based on a loan of £1,050,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE