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Gilroy Way, Orpington, BR5

South East

£500,000
Listed on 22/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1282 sqft

Description

This extended three-bedroom detached bungalow presents a unique opportunity for renovation and development in the desirable area of Orpington. The property features a spacious entrance hall leading to a generous reception room measuring 14'6, alongside a dining area and an additional reception room, which enhances its versatility. The fitted kitchen, three double bedrooms, and family bathroom provide ample space for family living or potential reconfiguration. Set on a substantial plot, there is significant potential for extension or redevelopment (subject to planning permissions), making this an appealing project for investors or those looking to create their dream home. The property is available chain-free, facilitating a smoother transition for interested buyers.

Investment Analysis

(BR5 area)

Below Market Value

This property is priced -23.7% below area average per sq ft

-23.7%
Potential saving
This Property
£390/sq ft
Area Average
£511/sq ft
Avg Rent (weekly)
£402
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£720,965
10% above area average per sq ft
Potential ROI
+28.7%
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

Gilroy Way, Orpington, 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
£1,803
Based on a loan of £375,000 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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