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Ravensbury Road, Orpington

South East

£460,000
Listed on 26/03/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
904 sqft

Description

This four-bedroom family home presents a solid opportunity for renovation and investment in a location that combines convenience with potential growth. Situated within easy access to St Mary Cray mainline train station, local schools, and The Nugent Business Park, the property is ideal for families or investors looking to capitalize on the area's evolving landscape. Upon entering, you are greeted by a spacious hallway that leads to a versatile ground floor setup. The layout includes a lounge, kitchen, conservatory, and an additional room that can serve as either a dining area or fourth bedroom. This configuration allows for flexible usage and the possibility of modernizing the space to suit contemporary living needs. The kitchen offers ample room for customization, featuring a variety of wall and base units along with spaces designated for essential appliances such as a cooker and washing machine. Access from the kitchen to the conservatory enhances natural light throughout and opens up opportunities for expanded living areas when considering future improvements. On the upper level, two generously sized double bedrooms and a single bedroom provide sufficient accommodation options. Each room is equipped with built-in wardrobes and large windows that ensure bright interiors. The family bathroom features practical fittings, offering an immediate functional space while presenting possibilities for updates in line with modern preferences. Externally, the property boasts both front and rear gardens. The front garden has space that could potentially be developed into off-street parking with appropriate permissions. Meanwhile, the rear garden features a combination of patio space and flower beds, providing an outdoor area suitable for relaxation or further landscaping endeavors. This property stands out not only as a family residence but also as an investment opportunity due to its potential for extensions or remodels (subject to planning permissions). Its strategic location near transport links and amenities positions it well within the market for those seeking long-term value in their investments.

Investment Analysis

(BR5 area)

Above Market Value

This property is priced +1.6% above area average per sq ft

+1.6%
This Property
£509/sq ft
Area Average
£501/sq ft
Avg Rent (weekly)
£438
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£498,095
10% above area average per sq ft
Potential ROI
-1.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (BR5)

Area prices are rising by +15.2% over the last 12 months
3 year growth: 9.8%
5 year growth: 21.5%
Investment Disclaimer: Analysis based on BR5 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

Ravensbury Road, Orpington
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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
£1,685
Based on a loan of £345,000 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