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Palace View, Bromley

South East

£675,000

Listed on 18/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1964 sqft

Description

Situated within a tranquil, tree-lined avenue in Bromley's desirable Palace Estate, this three-bedroom family home from the 1930s presents a compelling opportunity for renovation and investment. The property features a loft room that has been converted for additional living space, alongside two spacious reception rooms and a conservatory that invites natural light. The separate kitchen offers potential for modernization to enhance functionality. Upstairs, you'll find two well-proportioned double bedrooms and a single bedroom, providing versatile accommodation for families. With its proximity to Bromley South Station—just 0.4 miles away—commuting into central London is both quick and convenient, making this location particularly appealing. The nearby Glades shopping centre adds to the allure with its extensive dining options, retail stores, and leisure facilities. With some thoughtful improvements, this home can become not just a residence but also an investment in a thriving area known for its community amenities. Additionally, the property includes a rear garage and benefits from no onward chain.

Investment Analysis

(BR1 area)

Below Market Value

This property is priced -33.1% below area average per sq ft

-33.1%
Potential saving
This Property
£344/sq ft
Area Average
£514/sq ft
Avg Rent (weekly)
£440
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£1,109,365
10% above area average per sq ft
Potential ROI
+53.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (BR1)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +2.3%
5 year growth: +5.8%
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

Palace View, 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
£2,408
Based on a loan of £506,250 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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