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Great Elms Road, Bromley

South East

£585,000

Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1228 sqft

Description

This three-bedroom family home presents a promising investment opportunity, boasting approximately 1,348 sq ft of adaptable living space. Located just a short walk from local amenities including schools, parks, and public transport links to London Victoria in under 20 minutes, this property is ideal for families seeking convenience alongside potential for enhancement. Upon entering, you are greeted by an inviting hallway leading to a bright living room featuring a bay window and a cozy log burner, creating a warm atmosphere. The dining room connects effortlessly to the spacious fitted kitchen that could benefit from modernisation or redesign to fully utilise its potential. An additional reception area at the rear along with a WC provides versatile living options for today's families. The first floor offers two good-sized double bedrooms complemented by a stylish four-piece family bathroom. The principal bedroom occupies the second floor, featuring en-suite facilities and ample eaves storage. The exterior includes a private rear garden primarily laid to lawn with a patio area perfect for gatherings, while off-street parking is available at the front. Additional storage solutions include secure armoured sheds for motorbikes and bicycles in the garden, adding further appeal. Nestled on the highly sought-after Great Elms Road within easy reach of Bromley town centre with its vibrant mix of restaurants and shopping outlets, this home is poised not only as an enjoyable family residence but also as a worthwhile renovation project that can enhance its value significantly.

Investment Analysis

(BR2 area)

Below Market Value

This property is priced -10.6% below area average per sq ft

-10.6%
Potential saving
This Property
£476/sq ft
Area Average
£533/sq ft
Avg Rent (weekly)
£429
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£719,909
10% above area average per sq ft
Potential ROI
+13.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BR2)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +0.7%
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

Great Elms Road, Bromley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,087
Based on a loan of £438,750 over 30 years at 3.97% 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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