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Gravel Road, Bromley, Kent, BR2 - Image 1
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Gravel Road, Bromley, Kent, BR2

South East

£650,000
Listed on 20/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
1116 sqft

Description

This three-bedroom detached home, offered chain free, presents an exciting opportunity for renovation and expansion (subject to planning permission). With its south-easterly facing garden and off-road parking, the property is well-positioned in a sought-after residential area that is within walking distance of the highly regarded Ravenswood School for Boys. Local amenities, including shops, cafes, and transport links to Bromley, Hayes, and Orpington are all conveniently close by, enhancing its appeal for families seeking access to excellent schools such as the ‘outstanding’ Hayes School and Darrick Wood schools. Having been in the same ownership since 1964, this residence requires updating but offers significant potential to transform it into a modern family home tailored to your taste. The entrance hall welcomes you with a handy downstairs toilet leading into a living room featuring a charming fireplace connected to a dining area with garden views. The kitchen contains fitted units plus pantry space and a rear door opening into the outdoor area. The first floor features three generously sized bedrooms alongside a family shower room. The inviting rear garden boasts mature borders and includes both a paved seating area and lawn. With off-road parking and access to an attached garage featuring an electric door, this home makes for an excellent investment project. It’s not only about updating the interiors; there’s also considerable scope for extending the property to maximize its use of space.

Investment Analysis

(BR2 area)

Above Market Value

This property is priced +9.9% above area average per sq ft

+9.9%
This Property
£582/sq ft
Area Average
£530/sq ft
Avg Rent (weekly)
£420
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£650,567
10% above area average per sq ft
Potential ROI
-8.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (BR2)

Area prices are stable by +0.4% over the last 12 months
3 year growth: +0.1%
5 year growth: +10.3%
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

Gravel Road, Bromley, Kent, BR2
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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
£2,344
Based on a loan of £487,500 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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