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Westgate Road, Beckenham

South East

£180,000
Listed on 14/11/2025

Property Details

Bedrooms
1
Type
Flat
Area
458 sqft

Description

This studio flat presents a promising opportunity for those interested in a renovation project or investment. Located in a desirable area with convenient access to local amenities and transport, the property is well-positioned to attract future buyers or tenants. The layout features a spacious studio living area combined with a designated bedroom space, complemented by a separate kitchen and bathroom. While the interiors are in need of modernization, this aspect allows for customization according to personal style, making it an appealing canvas for creative updates. Proximity to Beckenham High Street enhances its appeal, with a variety of shops, cafés, and restaurants within easy reach. Additionally, the nearby Beckenham Junction and Clock House stations provide quick rail access to Central London, further increasing the property's attractiveness as an investment. This flat is being offered with vacant possession and no onward chain, making it an ideal option for first-time buyers looking to enter the market or investors seeking a project with development potential. The property is held on a leasehold basis with 999 years remaining from June 2003, with associated service charges of £1,960 per annum and ground rent set at £200 per annum. This situation creates an opportunity not only for immediate habitation but also for long-term appreciation through strategic upgrades.

Investment Analysis

(BR3 area)

Below Market Value

This property is priced -29.3% below area average per sq ft

-29.3%
Potential saving
This Property
£393/sq ft
Area Average
£556/sq ft
Avg Rent (weekly)
£414
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £25,000
Target Value
£280,214
10% above area average per sq ft
Potential ROI
+36.7%
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
14%
Properties sold annually

Local Market Trend (BR3)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 3.0%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on BR3 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

Westgate Road, Beckenham
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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
£659
Based on a loan of £135,000 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