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Hayes Street, Hayes, Bromley, BR2 - Image 1
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Hayes Street, Hayes, Bromley, BR2

South East

£600,000

Listed on 03/10/2025

Property Details

Bedrooms
2
Type
Terraced
Area
688 sqft

Description

This charming period cottage, thought to be a former farm worker's residence from the early 19th century, presents a unique opportunity for investment in the sought-after area of Old Hayes. Nestled conveniently near top-rated schools, local shops, and transport links including Hayes mainline station, this property balances historical character with modern-day conveniences. Inside, the ground floor features a cozy dining area that flows into a lounge with a classic feature fireplace and double glazed sash windows that invite natural light. The kitchen is functional yet could benefit from modernization, leading to valuable storage space and a cloakroom. Upstairs boasts two generously sized bedrooms along with a family bathroom that reflects the property's potential for enhancement. The rear garden is well-established and offers an inviting outdoor retreat, while also presenting prospects for extension (subject to planning permission). This property is ripe for renovation and conversion into a delightful home while retaining its historic charm.

Investment Analysis

(BR2 area)

Above Market Value

This property is priced +63.5% above area average per sq ft

+63.5%
This Property
£872/sq ft
Area Average
£533/sq ft
Avg Rent (weekly)
£423
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£403,601
10% above area average per sq ft
Potential ROI
-38.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (BR2)

Area prices are stable by +1.0% over the last 12 months
3 year growth: 0.0%
5 year growth: +10.1%
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

Hayes Street, Hayes, Bromley, BR2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,267
Based on a loan of £450,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

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