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High Street, St Mary's Cray, BR5

South East

£375,000
Listed on 20/01/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
1200 sqft

Description

This freehold property comprises two interconnected buildings situated in a strategic location with significant investment potential. The ground floor, currently operated as offices, spans approximately 1200 square feet and is under a lease agreement that generates an annual rental income of £17,200, with two years remaining on the lease. Above the offices are three residential flats, each sold with long leases—one with 88 years remaining and the other two with 59 years left. Additionally, there is a vacant room on the first floor that presents an opportunity for conversion or enhancement. The properties benefit from rear gardens associated with both buildings, which could be developed further for extension or transformed into parking spaces, subject to planning permission. With its freehold status and diverse usage possibilities, this investment offers numerous avenues for future development and value appreciation.

Investment Analysis

(BR5 area)

Below Market Value

This property is priced -38.9% below area average per sq ft

-38.9%
Potential saving
This Property
£313/sq ft
Area Average
£511/sq ft
Avg Rent (weekly)
£402
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£674,850
10% above area average per sq ft
Potential ROI
+42.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (BR5)

Area prices are rising by +14.5% over the last 12 months
3 year growth: +9.3%
5 year growth: +17.5%
Investment Disclaimer: Analysis based on BR5 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

High Street, St Mary's Cray, BR5
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,352
Based on a loan of £281,250 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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