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High Street, BROMLEY

South East

£955,000
Listed on 24/04/2026

Property Details

Bedrooms
8
Type
Block Of Apartments

Description

This property presents a compelling investment opportunity, comprising six self-contained flats (two two-bedroom units and four one-bedroom units) situated across the first and second floors. Access is via a private side entrance, offering potential for redevelopment or enhancement. The flats are in need of some updating, providing buyers a chance to increase value through refurbishment. Located along the High Street in Bromley, the property benefits from proximity to local amenities and transport links, including bus routes and nearby rail stations. Full vacant possession allows for immediate renovation and rental or resale strategies.

Investment Analysis

(BR1 area)
Area Average
£515/sq ft
Avg Rent (weekly)
£418
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
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

High Street, 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
£3,382
Based on a loan of £716,250 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.

Stamp Duty Calculator

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