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Shroffold Road, Bromley

South East

£375,000
Listed on 30/07/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
817 sqft

Description

This three-bedroom mid-terrace house is situated on a tranquil residential street in Grove Park, offering a unique opportunity for those looking to make their mark through renovation. While the property currently requires updating, it boasts a solid structure and spacious layout that can be transformed into a personalized living space. The ground floor features a bright front reception room that flows into a functional kitchen. Beyond the kitchen is a private rear garden that holds potential for landscaping or outdoor enhancements, making it an ideal project for gardening enthusiasts. The upper level includes two generously sized double bedrooms along with a smaller third bedroom and a family bathroom, providing ample room for both family living and future modifications. Grove Park is conveniently located for commuters, with fast train services to London Bridge taking just 13 minutes, as well as connections to Waterloo East, Charing Cross, and Cannon Street. The area also offers access to reputable schools and various local amenities, enhancing its appeal to families and investors alike. This property represents an excellent investment opportunity in a sought-after location; with thoughtful renovations, it could become both a comfortable home and a valuable asset.

Investment Analysis

(BR1 area)

Below Market Value

This property is priced -10.2% below area average per sq ft

-10.2%
Potential saving
This Property
£459/sq ft
Area Average
£511/sq ft
Avg Rent (weekly)
£430
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£459,281
10% above area average per sq ft
Potential ROI
+10.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (BR1)

Area prices are falling by +2.1% over the last 12 months
3 year growth: 0.2%
5 year growth: 6.1%
Investment Disclaimer: Analysis based on BR1 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

Shroffold Road, 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
£1,374
Based on a loan of £281,250 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