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Romney Drive, Bromley, BR1

South East

£875,000
Listed on 10/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1953 sqft

Description

This detached five-bedroom family home offers a unique opportunity for renovation and investment in a tranquil cul-de-sac, just half a mile from Elmstead Woods station. The property presents a solid foundation with ample living space across three levels, making it an appealing project for those looking to enhance its potential. The layout includes a top-floor main bedroom suite that encompasses a sizable en-suite bathroom and an adjoining dressing area complete with a walk-in wardrobe. On the first floor, both the master bedroom and additional bedrooms are well-proportioned, with the latter having easy access to a modern family bathroom. Set on the ground floor is an adaptable living area, currently configured for comfort but ripe for extension or reconfiguration (subject to planning permissions). This flexibility could transform it into an entertainer's haven or provide extra space tailored to your needs. The outdoor space features a substantial outbuilding measuring approximately 18’ x 16’, equipped with power supply, making it suitable for use as a home office, gym, or creative studio—ideal for those seeking additional functional areas at home. Surrounded by lush greenery and close to local amenities, this property is situated near Elmstead Woods' scenic forest trails, perfect for outdoor activities. Additionally, Chislehurst’s vibrant High Street is just around the corner, offering a diverse selection of independent shops, cafés, and restaurants which enhance the appeal of the location for families and commuters alike. With its promising renovation potential and desirable setting, this property represents an exciting venture for investors or homeowners eager to make their mark.

Investment Analysis

(BR1 area)

Below Market Value

This property is priced -12.3% below area average per sq ft

-12.3%
Potential saving
This Property
£448/sq ft
Area Average
£511/sq ft
Avg Rent (weekly)
£430
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£1,097,889
10% above area average per sq ft
Potential ROI
+20.0%
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

Romney Drive, Bromley, 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
£3,205
Based on a loan of £656,250 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