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Lower Gravel Road, Bromley

South East

£550,000
Listed on 10/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1131 sqft

Description

Nestled in the tranquil area of Bromley Common, this three-bedroom semi-detached home presents a unique opportunity for renovation and investment. While the property has been thoughtfully maintained, it offers significant potential for enhancements that could further elevate its appeal. Upon entering, you’re greeted by a spacious hallway that leads to well-proportioned reception areas. The front reception room receives ample natural light, creating an inviting atmosphere, while the separate dining room boasts views of the rear garden. The kitchen features classic white cabinetry paired with grey splash back tiles and wood flooring, providing a solid foundation for future upgrades. Upstairs, you’ll find two generously sized double bedrooms along with a cozy single bedroom, making it ideal for families or as rental accommodation. Both larger bedrooms include built-in wardrobes, optimizing storage space. The family bathroom is modern and functional, although there’s potential to enhance it further to create a spa-like retreat. The exterior of the property is equally appealing, featuring off-street parking for multiple vehicles and a substantial rear garden of approximately 60 feet. This outdoor space not only offers privacy but also opens up possibilities for extension or landscaping projects, subject to planning permissions. Lower Gravel Road is situated just off Hastings Road and is characterized by tree-lined streets that contribute to its inviting charm. Local amenities are conveniently within walking distance, while Locksbottom village enhances your lifestyle with additional shops and cafés. Bromley town centre is easily accessible by car or public transport, providing a wider array of shopping options and quick train services into Central London in under 20 minutes. Families will appreciate being in proximity to highly regarded schools, including Darrick Wood primary and secondary schools, known for their outstanding ratings from Ofsted. This location combines community living with access to essential services, making it attractive not only as a family home but also as an investment opportunity in a desirable area.

Investment Analysis

(BR2 area)

Below Market Value

This property is priced -8.7% below area average per sq ft

-8.7%
Potential saving
This Property
£486/sq ft
Area Average
£532/sq ft
Avg Rent (weekly)
£410
Avg Yield
3.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£662,359
10% above area average per sq ft
Potential ROI
+16.2%
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

Lower Gravel 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
£2,015
Based on a loan of £412,500 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.

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