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Chelford Road, Bromley

South East

£525,000
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
978 sqft

Description

This three-bedroom terraced home presents a unique opportunity for those seeking a property with significant renovation and investment potential. Situated in a peaceful residential area, the house is conveniently positioned near local amenities, schools, and transport links, including Beckenham Hill and Sundridge Park stations. The ground floor features a welcoming reception area that flows into a spacious dining room, creating an inviting atmosphere for family gatherings or entertaining. The kitchen provides ample storage and overlooks the rear garden, which could be transformed into an outdoor oasis with some thoughtful landscaping. Upstairs, the property includes two well-sized double bedrooms and a single bedroom, complemented by a modern family bathroom and a separate W/C. While the home is currently well-maintained and ready for immediate occupancy, there is considerable potential to reconfigure the layout or expand further (subject to planning permission) to better suit your needs. The private rear garden boasts both patio and lawn areas, making it an ideal space for children to play or for hosting summer barbecues. Off-street parking at the front of the property adds an additional layer of convenience. This home not only offers comfortable living but also stands out as a promising investment opportunity in an area recognized for its community feel and proximity to Bromley town center. With local parks like Beckenham Place Park just a short walk away, this property truly combines practical living with enhancement possibilities for future growth.

Investment Analysis

(BR1 area)

Above Market Value

This property is priced +5.0% above area average per sq ft

+5.0%
This Property
£537/sq ft
Area Average
£511/sq ft
Avg Rent (weekly)
£430
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£549,788
10% above area average per sq ft
Potential ROI
+0.9%
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

Chelford 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
£1,923
Based on a loan of £393,750 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