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Mead Way, Bromley, BR2

South East

£565,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
528 sqft

Description

This end of terrace property features three spacious double bedrooms and is ideally located within walking distance of reputable schools such as Pickhurst Infant and Junior schools. The layout includes a hallway that leads to a living room, a white suite cloakroom, and a generously sized kitchen/dining area measuring nearly 18 feet, which currently requires modernisation but offers ample potential for an investor or homeowner looking to add value. The kitchen is equipped with a gas hob and an electric double oven but would benefit from contemporary updates. The family bathroom also calls for refurbishment. Notably, the property is double glazed and heated by a gas-fired Vaillant boiler installed in December 2024. An interesting feature is the possibility to convert the large main bedroom into two separate rooms, subject to necessary planning permissions. Outdoors, the property boasts an established garden measuring approximately 46' wide by 39' deep, including fruit trees, which presents a delightful natural setting for landscaping or personalisation. There's room for an extension as well, again pending planning approval. Accessed via a concrete driveway, the integral garage provides convenient parking solutions. The property benefits from its location between Pickhurst Lane and Hayes Lane in Bromley, with local amenities, parks like Norman Park, and excellent transport links to central London just over a mile away.

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)
£417
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£309,189
10% above area average per sq ft
Potential ROI
-48.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (BR2)

Area prices are stable by +2.0% over the last 12 months
3 year growth: +1.4%
5 year growth: +10.6%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,038
Based on a loan of £423,750 over 30 years at 4.06% 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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