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Durham Hill, Bromley

South East

£475,000
Listed on 19/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
917 sqft

Description

This two-bedroom terraced home presents an ideal opportunity for those seeking a property with renovation and investment potential. Currently configured as a comfortable living space, it features a versatile reception room that could easily serve as a third bedroom. The layout flows from the hallway into a modern kitchen equipped with integrated appliances. Beyond the kitchen, a bright rear extension provides additional living space, currently used as a dining area but adaptable to your needs. French doors lead to a well-kept garden, offering a private outdoor retreat that is perfect for gatherings or quiet relaxation, complemented by a handy garden shed. On the upper floor, the property includes a spacious primary bedroom along with another double bedroom, making it well-suited for families or shared living arrangements. A contemporary family bathroom caters to the needs of residents and guests alike. Parking for two cars adds convenience to this appealing home. Located just a 12-minute walk from Grove Park Station, you’ll benefit from straightforward transport links to London Bridge and Charing Cross. The surrounding area is rich with local amenities and boasts reputable schools, further enhancing its attractiveness for future renters or buyers. This property is being offered on a freehold basis, presenting an excellent opportunity for those looking to invest in an area with strong rental demand and growth potential. With its combination of existing features and the possibility for personal touches through renovation, it’s ready for its next chapter.

Investment Analysis

(BR1 area)

Above Market Value

This property is priced +1.4% above area average per sq ft

+1.4%
This Property
£518/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
£515,496
10% above area average per sq ft
Potential ROI
+5.2%
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

Durham Hill, 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
£1,740
Based on a loan of £356,250 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