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Magpie Hall Lane, Bromley

South East

£475,000
Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1024 sqft

Description

This three-bedroom mid-terrace property is situated in a popular residential area, making it a great investment opportunity for those looking to modernise or expand their living space. The home features spacious accommodation across two floors and boasts a large rear garden that offers potential for extensions, subject to obtaining the necessary permissions. The ground floor includes a sizable dual-aspect reception room that fills with natural light and leads directly into the garden—an appealing feature for both family gatherings and entertaining guests. The kitchen, while functional, presents an opportunity for updates to enhance its layout and efficiency. With no onward chain, this property is perfect for buyers eager to put their personal stamp on their new home. Located close to Bromley and benefitting from a variety of local amenities as well as reputed schools and excellent transport links to central London, this property combines convenience with significant potential for improvement.

Investment Analysis

(BR2 area)

Below Market Value

This property is priced -12.8% below area average per sq ft

-12.8%
Potential saving
This Property
£464/sq ft
Area Average
£532/sq ft
Avg Rent (weekly)
£431
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£598,963
10% above area average per sq ft
Potential ROI
+14.1%
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

Magpie Hall Lane, Bromley
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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
£1,682
Based on a loan of £356,250 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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