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Ridgeway Drive, Bromley, BR1

South East

£625,000
Listed on 09/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1200 sqft

Description

Nestled on a charming tree-lined street, this three-bedroom semi-detached home presents a significant opportunity for renovation and modernization. With no onward chain, it's an ideal investment for those looking to make their mark. The property is conveniently located within walking distance of local shops and amenities, as well as Grove Park and Sundridge mainline stations, providing straightforward access to central London. This home requires a thoughtful renovation to unlock its full potential.

Investment Analysis

(BR1 area)

Above Market Value

This property is priced +1.1% above area average per sq ft

+1.1%
This Property
£521/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£418
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£679,866
10% above area average per sq ft
Potential ROI
+1.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (BR1)

Area prices are falling by -4.8% over the last 12 months
3 year growth: -0.1%
5 year growth: +1.8%
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

Ridgeway Drive, Bromley, BR1
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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
£2,214
Based on a loan of £468,750 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.

Stamp Duty Calculator

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