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Vernon Close, St Pauls Cray, Kent, BR5

South East

£375,000
Listed on 06/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
718 sqft

Description

This two-bedroom semi-detached bungalow presents a valuable opportunity for buyers looking to invest in a property with great potential. Conveniently located near St Mary Cray Station and a variety of local amenities, this home is being sold chain-free. While it requires some updating, there is significant scope for refurbishment and enhancement, including the possibility of extending (subject to planning permission). The bungalow features central heating and double glazing, as well as a conservatory that opens into the rear garden, which currently needs attention but offers space for outdoor enjoyment. Additionally, the property includes a front driveway providing off-road parking and side access. Buyers should be prepared for the administrative process involved in obtaining Letters of Administration before completion can proceed.

Investment Analysis

(BR5 area)

Above Market Value

This property is priced +3.5% above area average per sq ft

+3.5%
This Property
£522/sq ft
Area Average
£504/sq ft
Avg Rent (weekly)
£416
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£398,375
10% above area average per sq ft
Potential ROI
-0.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (BR5)

Area prices are rising by +7.5% over the last 12 months
3 year growth: +5.2%
5 year growth: +11.0%
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

Vernon Close, St Pauls Cray, Kent, BR5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,338
Based on a loan of £281,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-6.3% since listed
£375,000£25,000(-6.3%)
20/03/2025
Current price
£400,000Initial listing
12/03/2025

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