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Ravensbourne Road, Bromley, BR1 - Image 1
Ravensbourne Road, Bromley, BR1 - Image 2
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Ravensbourne Road, Bromley, BR1 - Image 4
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Ravensbourne Road, Bromley, BR1

South East

£700,000
Listed on 19/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1689 sqft

Description

This four-bedroom Victorian detached house presents an exceptional opportunity for renovation and investment. Spanning three floors and offering approximately 1600 sqft of living space, the property requires complete modernization throughout. Its location is a significant advantage, being just a short stroll from Bromley town centre, with easy access to local amenities including Bromley High Street, The Glades shopping centre, and Bromley South mainline station which provides direct links to central London. The potential for increasing value through renovations is considerable, making this an ideal project for those looking to create a family home or an investment property in a sought-after area. Please note that this property is being sold via the Modern Method of Auction, requiring prompt attention from interested buyers during the prescribed Reservation Period.

Investment Analysis

(BR1 area)

Below Market Value

This property is priced -19.5% below area average per sq ft

-19.5%
Potential saving
This Property
£414/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£413
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £95,000
Target Value
£956,633
10% above area average per sq ft
Potential ROI
+20.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (BR1)

Area prices are falling by -3.5% over the last 12 months
3 year growth: +0.2%
5 year growth: +3.1%
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

Ravensbourne Road, Bromley, BR1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,525
Based on a loan of £525,000 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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