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Parkwood, Beckenham, BR3

South East

£750,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
818 sqft

Description

This rare detached bungalow offers a unique opportunity for buyers looking to invest in a property that is primed for renovation. While it has been well-maintained over the years, it presents an ideal blank canvas for those who wish to personalize and modernize the space according to their tastes. The current layout features a spacious living room, three generously sized double bedrooms—each equipped with fitted wardrobes—a kitchen, bathroom, and separate WC. The property includes practical amenities such as gas radiator central heating and double-glazed windows. Additionally, there’s an integral single garage and off-street parking available for two vehicles. The front and rear gardens provide outdoor space with potential for landscaping or gardening projects. Nestled in a quiet and secluded location at the beginning of Copers Cope Road, this bungalow is surprisingly close to Beckenham Junction Station, just a few hundred meters away. This station offers direct connections to London Victoria, London Bridge, and trams to Croydon and Wimbledon. The bustling High Street, known for its diverse shops, bars, restaurants, and coffee houses, is also easily accessible. Within proximity are several schools catering to all age groups as well as local green spaces like Beckenham Place Park and Kelsey Park. The layout includes a welcoming entrance hall with access to the loft via a ladder. The dual-aspect living room benefits from natural light through windows at both ends and sliding doors leading out to the garden. The kitchen provides ample storage with base cupboards, wall cabinets, plumbing for appliances, and access to the garden as well. Each of the three bedrooms offers versatility for family living or potential repurposing into home offices or guest rooms. The bathroom features an easy-access bathtub along with a separate electric shower for convenience. The integral garage adds valuable storage space or could be converted into additional living area if desired. Outside, the 30-foot deep by 60-foot wide rear garden is fenced on all sides and awaits your creative touch—whether you envision a serene retreat or entertainment area. With its central location combined with substantial investment potential through modernization efforts, this bungalow represents an appealing project that could yield significant returns in one of Beckenham’s highly sought-after areas.

Investment Analysis

(BR3 area)

Above Market Value

This property is priced +64.8% above area average per sq ft

+64.8%
This Property
£917/sq ft
Area Average
£556/sq ft
Avg Rent (weekly)
£414
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£500,469
10% above area average per sq ft
Potential ROI
-37.4%
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
14%
Properties sold annually

Local Market Trend (BR3)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 3.0%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on BR3 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

Parkwood, Beckenham, BR3
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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
£2,747
Based on a loan of £562,500 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