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Downham Way, Bromley

South East

£425,000

Listed on 18/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
812 sqft

Description

This three-bedroom terraced property presents a unique opportunity for prospective buyers looking to invest in a home with room for enhancement. Conveniently situated near Grove Park Station, it offers strong transport links to Central London, making it an appealing choice for commuters. The ground floor comprises two spacious reception areas that can be adapted to various living arrangements, alongside a functional galley kitchen that opens to the garden. There’s notable potential for extension or reconfiguration, subject to necessary planning permissions (STPP), which could further increase the property's value. The upper level features three bedrooms—two decent-sized double rooms and a single—as well as a family bathroom. This residence is ideal for first-time buyers or families who wish to make their mark while enjoying modern living in a desirable location.

Investment Analysis

(BR1 area)

Above Market Value

This property is priced +3.0% above area average per sq ft

+3.0%
This Property
£523/sq ft
Area Average
£508/sq ft
Avg Rent (weekly)
£424
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£454,103
10% above area average per sq ft
Potential ROI
-1.3%
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

Downham Way, 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
£1,606
Based on a loan of £318,750 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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