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Woldham Road, Bromley, BR2 - Image 1
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Woldham Road, Bromley, BR2

South East

£475,000
Listed on 10/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
980 sqft

Description

This mid-terrace house presents a promising opportunity for those looking to invest in a property with renovation potential. Situated in a strategic location, the home is conveniently close to local amenities, including schools and shops, making it an attractive option for families and commuters alike. The property lies just 0.5 miles from Bromley South Station and 0.7 miles from Bickley Station, providing excellent transport links to central London. Inside, the layout includes an entrance hallway leading to a spacious living room, as well as a separate kitchen and dining area that opens onto a private rear garden — a valuable outdoor space that can be reimagined for various uses. The first floor features two well-proportioned double bedrooms alongside a single bedroom and a family bathroom. With ample scope for modernization and expansion — pending necessary planning approvals — this house offers a blank canvas for buyers interested in creating their ideal family home. Whether you're looking to update existing features or undertake more extensive renovations, this property’s inherent potential makes it an appealing project for those prepared to invest their vision and effort.

Investment Analysis

(BR2 area)

Below Market Value

This property is priced -9.0% below area average per sq ft

-9.0%
Potential saving
This Property
£485/sq ft
Area Average
£532/sq ft
Avg Rent (weekly)
£410
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£573,927
10% above area average per sq ft
Potential ROI
+9.3%
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
11%
Properties sold annually

Local Market Trend (BR2)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 2.7%
5 year growth: 15.4%
Investment Disclaimer: Analysis based on BR2 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

Woldham Road, Bromley, BR2
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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
£1,740
Based on a loan of £356,250 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