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College Road, Bromley

South East

£500,000

Listed on 11/06/2026

Property Details

Bedrooms
3
Type
House
Area
1125 sqft

Description

This freehold property in a desirable area of Bromley presents a unique investment opportunity. Comprising two self-contained one-bedroom apartments, the ground-floor flat features approximately 522 sq ft of living space, while the first-floor unit boasts nearly 600 sq ft. Both apartments are currently generating rental income and have potential for enhancement. The property offers significant opportunities for added value through potential extensions, including the possibility of expanding the ground-floor layout and converting or extending the loft to create additional residential units, pending necessary planning permissions. With its close proximity to Bromley town centre, excellent transport links, essential amenities, and reputable schools, this asset is well-positioned for astute investors and developers looking for growth potential.

Investment Analysis

(BR1 area)

Below Market Value

This property is priced -12.6% below area average per sq ft

-12.6%
Potential saving
This Property
£444/sq ft
Area Average
£508/sq ft
Avg Rent (weekly)
£424
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£629,145
10% above area average per sq ft
Potential ROI
+14.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

College 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
£1,889
Based on a loan of £375,000 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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