Worst House on the Street Logo
The Chase, Bromley, BR1 - Image 1
The Chase, Bromley, BR1 - Image 2
The Chase, Bromley, BR1 - Image 3
The Chase, Bromley, BR1 - Image 4
The Chase, Bromley, BR1 - Image 5
The Chase, Bromley, BR1 - Image 6
The Chase, Bromley, BR1 - Image 7
The Chase, Bromley, BR1 - Image 8
The Chase, Bromley, BR1 - Image 9
The Chase, Bromley, BR1 - Image 10
The Chase, Bromley, BR1 - Image 11

The Chase, Bromley, BR1

South East

£700,000
Listed on 02/08/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1231 sqft

Description

This chain-free semi-detached home is situated on the highly sought-after 'Palace Estate,' just 0.3 miles from Bromley South Railway Station, making it an appealing choice for both families and commuters. Offering approximately 1,385 sq ft of living space, this property presents a solid foundation for modernization and renovation, allowing you to tailor it to your specific preferences. The ground floor features an entrance hall that leads to two spacious reception rooms—ideal for entertaining or family gatherings—as well as a galley kitchen that holds potential for reconfiguration. A convenient W.C. completes the ground floor layout. Upstairs, you'll find three well-proportioned bedrooms along with a family bathroom and an additional separate W.C., providing ample usability for the household. One of the standout features of this property is the generous south-facing rear garden, which is mature and offers plenty of space for outdoor activities or gardening enthusiasts. The front of the home includes a driveway that provides off-road parking alongside access to a garage, enhancing convenience and storage options. Given its location and size, this property holds excellent potential for further extension (subject to planning permission), making it an attractive investment opportunity. With good mobile coverage and mains services in place, along with gas radiator heating, this home is ready for your personal touch while being in close proximity to local amenities and transport links. Overall, it represents a promising canvas for those looking to invest in a residential property with room to grow.

Investment Analysis

(BR1 area)

Above Market Value

This property is priced +11.3% above area average per sq ft

+11.3%
This Property
£569/sq ft
Area Average
£511/sq ft
Avg Rent (weekly)
£430
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£692,013
10% above area average per sq ft
Potential ROI
-7.7%
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

The Chase, Bromley, BR1
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,564
Based on a loan of £525,000 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

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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