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Homesdale Road, Bromley

South East

£450,000
Listed on 03/02/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
1296 sqft

Description

This unique offering presents two freehold commercial units that are ripe for renovation and investment. With a history of diverse uses, from a beauty salon to retail and automotive services, these spaces provide an excellent canvas for various business ventures or creative enterprises. The layout includes areas suitable for retail distribution, design studios, or any entrepreneurial vision one might have. Additionally, there is potential for residential conversion, subject to planning permissions, which adds an intriguing layer to the investment possibilities. Prospective investors should note that the current owner is not entertaining proposals contingent on planning changes. Strongly recommended is a viewing by appointment with the designated agents to fully appreciate the potential these properties hold.

Investment Analysis

(BR2 area)

Below Market Value

This property is priced -34.8% below area average per sq ft

-34.8%
Potential saving
This Property
£347/sq ft
Area Average
£532/sq ft
Avg Rent (weekly)
£417
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£758,918
10% above area average per sq ft
Potential ROI
+48.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Homesdale Road, Bromley
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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
£1,623
Based on a loan of £337,500 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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