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Mead Way, Bromley, BR2

South East

£720,000
Listed on 30/03/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1241 sqft

Description

This four-bedroom semi-detached house presents an exciting opportunity for future renovations and investments. Owned by the same family for over 40 years, the property has been well-maintained yet offers considerable scope for modernization. The layout features two spacious reception rooms, both enhanced with charming fireplaces and picture rails, along with a kitchen equipped with integrated Bosch appliances. The first floor includes three well-proportioned bedrooms, two of which are doubles and come with fitted wardrobes, while a family bathroom adds functional amenities with a power shower over the bath. The top floor houses an additional bedroom and a shower room, providing versatility in usage. Outside, the garden includes a paved terrace leading to a garage and a level lawn bordered by established hedges and vibrant Camellias. The off-street parking is advantageous, accommodating multiple vehicles. This property is conveniently situated near local schools, parks, shops, and only 0.8 miles from Bromley South Station—ideal for those seeking potential in a sought-after location.

Investment Analysis

(BR2 area)

Above Market Value

This property is priced +9.1% above area average per sq ft

+9.1%
This Property
£580/sq ft
Area Average
£532/sq ft
Avg Rent (weekly)
£431
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£725,892
10% above area average per sq ft
Potential ROI
-4.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BR2)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -1.0%
5 year growth: +9.5%
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

Mead Way, Bromley, BR2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,550
Based on a loan of £540,000 over 30 years at 3.91% 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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