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Durham Road Bromley BR2

South East

£575,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
944 sqft

Description

This three-bedroom terraced home presents a significant opportunity for renovation and investment. With a complete refurbishment needed, this property allows for extensive customization to transform it into a modern living space tailored to your family's needs. The layout currently supports the possibility of reconfiguring the interior, potentially expanding into a four-bedroom, two-bathroom residence with thoughtful planning and design. The front garden offers potential for off-road parking, which could enhance both convenience and value, subject to obtaining the necessary planning permissions. At the rear, you'll find a garden that includes a garage, providing extra storage or workshop space. The home's location benefits from proximity to local amenities and transport links, making it an attractive prospect for future buyers or renters once renovated. This property is not just a house; it's an opportunity to create a personalized home in an evolving neighborhood.

Investment Analysis

(BR2 area)

Above Market Value

This property is priced +14.4% above area average per sq ft

+14.4%
This Property
£609/sq ft
Area Average
£532/sq ft
Avg Rent (weekly)
£410
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£552,844
10% above area average per sq ft
Potential ROI
-20.5%
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

Durham 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
£2,106
Based on a loan of £431,250 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.

Next Steps

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