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Brook Lane, Bromley, Kent, BR1 - Image 1
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Brook Lane, Bromley, Kent, BR1

South East

£350,000
Listed on 08/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
686 sqft

Description

This two-bedroom mid-terrace house presents a unique opportunity for renovation and investment. While the property requires modernization, its layout and structural integrity provide a solid foundation for creative transformation. Situated within walking distance to local amenities and convenient transport links, the location offers both accessibility and potential for growth. The surrounding area boasts a vibrant community atmosphere, making it an appealing choice for families and professionals alike. The absence of a chain simplifies the purchasing process, allowing for a smoother transaction. With thoughtful updates, this property could become a comfortable home or an attractive rental option in a market that continues to see demand. The potential here is significant—whether seeking to create a personal sanctuary or capitalize on investment opportunities, this house invites you to envision its future.

Investment Analysis

(BR1 area)

Below Market Value

This property is priced -0.2% below area average per sq ft

-0.2%
Potential saving
This Property
£510/sq ft
Area Average
£511/sq ft
Avg Rent (weekly)
£430
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£385,638
10% above area average per sq ft
Potential ROI
-1.1%
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

Brook Lane, Bromley, Kent, BR1
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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
£1,282
Based on a loan of £262,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE