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Oakridge Road, Bromley, BR1 - Image 1
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Oakridge Road, Bromley, BR1

South East

£400,000
Listed on 27/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
855 sqft

Description

This two-bedroom terraced house in Bromley presents a solid foundation for renovation and investment. The property features a spacious layout, highlighted by a bright reception area that invites natural light, alongside a modern kitchen designed for practical use. Both bedrooms are of ample size, providing comfortable living spaces. A notable aspect of this home is the extensive rear garden, which not only offers a pleasant outdoor area but also holds significant potential for future enhancements. There is scope to consider possible extensions or even the addition of off-street parking, contingent upon obtaining the necessary planning permissions. Situated conveniently close to local amenities, schools, and transport links, this property strikes a balance between tranquil suburban life and accessibility to essential services. Its chain-free status adds to its appeal for those looking to invest or enter the housing market. Given its current condition and location, there’s substantial opportunity for customization and improvement, making it an intriguing option for both first-time buyers and seasoned investors seeking to capitalize on the area's growth potential.

Investment Analysis

(BR1 area)

Below Market Value

This property is priced -8.5% below area average per sq ft

-8.5%
Potential saving
This Property
£468/sq ft
Area Average
£511/sq ft
Avg Rent (weekly)
£430
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£480,643
10% above area average per sq ft
Potential ROI
+15.8%
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

Oakridge Road, 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
£1,465
Based on a loan of £300,000 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