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Mead Way, Bromley, BR2

South East

£565,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
528 sqft

Description

This end-of-terrace home features three spacious double bedrooms and presents an excellent opportunity for renovation and investment. Set back from Mead Way, it is conveniently located within walking distance of the well-regarded Pickhurst Infant and Junior schools, making it appealing for families. The layout consists of a hallway leading to a living room, a cloakroom, and a generously sized kitchen/dining area measuring 17' 11". While the kitchen is in need of modern updates, it includes essential appliances such as a Hygena gas hob and an Indesit electric double oven. Both the kitchen and the bathroom offer significant potential for enhancement to suit contemporary tastes. The property benefits from double glazing throughout and gas central heating powered by a Vaillant boiler, installed in December 2024. Notably, the primary bedroom has potential for conversion into two separate bedrooms, subject to appropriate planning permissions. Outside, the rear garden measures approximately 46' x 39', featuring established lawn areas interspersed with fruit trees and shrubs—ideal for those interested in gardening or outdoor activities. The integral garage is accessible via a concrete driveway that accommodates one vehicle, with additional parking options along the front garden area. The location itself is another strong selling point. Mead Way lies between Pickhurst Lane and Hayes Lane in Bromley, providing access to local shops at the nearby junction of Pickhurst Lane and Westmoreland Road. Recreational options include Pickhurst Recreation Ground and Cupola Wood, both easily reachable on foot. For commuters, Bromley High Street—with its shopping facilities including The Glades Shopping Centre—and Bromley South Station are just over a mile away; popular Hayes Station is similarly close by. Given its structural features and prime location near sought-after schools and local amenities, this property not only presents immediate renovation opportunities but also long-term investment potential in an increasingly desirable area.

Investment Analysis

(BR2 area)

Above Market Value

This property is priced +101.0% above area average per sq ft

+101.0%
This Property
£1,070/sq ft
Area Average
£532/sq ft
Avg Rent (weekly)
£410
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£309,218
10% above area average per sq ft
Potential ROI
-48.5%
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

Mead Way, 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
£2,070
Based on a loan of £423,750 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