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Ballamore Road, Bromley

South East

£385,000

Listed on 02/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
688 sqft

Description

This two-bedroom house is nestled on a quiet residential street, presenting a significant opportunity for those looking to invest or personalize their living space. While the property requires modernisation throughout, it offers ample scope to transform into a stylish and comfortable home, ideal for both personal use or rental potential. The layout includes a spacious living area and a separate kitchen located on the lower ground floor. Upstairs, there are two generously sized bedrooms complemented by a family bathroom. The highlight of this property is the expansive 90ft private rear garden, which not only provides outdoor space but also potential for further development (subject to planning permission) to suit your needs. The front of the house boasts off-street parking, an added convenience in this desirable location. With local amenities, schools, and transport links—particularly Grove Park station—just moments away, this chain-free residence represents a sensible investment with strong potential for value enhancement.

Investment Analysis

(BR1 area)

Above Market Value

This property is priced +10.1% above area average per sq ft

+10.1%
This Property
£560/sq ft
Area Average
£508/sq ft
Avg Rent (weekly)
£424
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£384,757
10% above area average per sq ft
Potential ROI
-6.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BR1)

Area prices are stable by -1.1% over the last 12 months
3 year growth: +0.8%
5 year growth: +3.1%
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

Ballamore Road, Bromley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,454
Based on a loan of £288,750 over 30 years at 4.45% 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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