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Alexandra Road, Westerham, TN16

South East

£475,000
Listed on 29/01/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
998 sqft

Description

This three-bedroom home presents an excellent opportunity for those looking to invest in a property with significant renovation potential. Set on a spacious plot that includes both side and rear gardens, the residence allows for creative modification, including the possibility of a double-storey side extension, pending the necessary planning approvals. This versatility makes it particularly appealing to growing families or developers seeking to enhance the living space. Inside, the layout begins with a welcoming hallway that leads to a generous fitted kitchen-diner, ideal for gatherings and everyday meals. The bright lounge offers ample natural light, creating an inviting atmosphere. On the upper floor, two well-sized double bedrooms alongside a third single bedroom provide flexibility for various living arrangements, complemented by a family bathroom. The outdoor space is equally noteworthy; the private rear garden offers room for landscaping or recreational use, while the front garden adds curb appeal. An additional green area at the front of the development contributes to a tranquil setting perfect for families. The property also features a garage, along with plenty of on-street parking options. Located in Biggin Hill, this home benefits from its proximity to picturesque greenbelt countryside—ideal for nature lovers and those who enjoy outdoor activities. Local amenities include primary schools and convenient transport links, along with shops located along Kings Road. The nearby High Street hosts further conveniences like Waitrose and Tesco grocery stores, as well as diverse dining options. For broader shopping and leisure experiences, Orpington and Bromley town centers are just a short drive away and provide quick train access to London. This property offers an exciting canvas for those looking to create their ideal home while benefiting from its advantageous location and investment potential.

Investment Analysis

(TN16 area)

Above Market Value

This property is priced +5.9% above area average per sq ft

+5.9%
This Property
£476/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£473
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£493,242
10% above area average per sq ft
Potential ROI
-6.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TN16)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -2.1%
5 year growth: 15.5%
Investment Disclaimer: Analysis based on TN16 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

Alexandra Road, Westerham, TN16
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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
£1,740
Based on a loan of £356,250 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