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Lamerock Road, Bromley, BR1 - Image 1
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Lamerock Road, Bromley, BR1

South East

£325,000

Listed on 09/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
803 sqft

Description

This three-bedroom mid-terrace property on Lamerock Road in Bromley presents a prime opportunity for those looking to invest in a spacious home with significant renovation potential. The generous layout spans two floors and offers flexibility that caters to families, professionals, or first-time buyers. Currently requiring a modernisation programme, this property serves as a blank canvas for customization according to personal style or investment strategy. Notable features include the potential for off-street parking (subject to planning permission) and a private rear garden, both of which enhance its appeal for future landscaping or outdoor living improvements. The location is particularly advantageous, situated near local amenities, highly regarded schools, and excellent transport links into Central London. Given the growing demand for properties with such scope in this well-connected area, this home provides a fantastic chance to either enter the property market or expand an investment portfolio. Early viewing is advised to fully grasp the extensive possibilities available.

Investment analysis

(BR1 area)

Below Market Value

This property is priced -20.2% below area average per sq ft

-20.2%
Potential saving
This Property
£405/sq ft
Area Average
£507/sq ft
Avg Rent (weekly)
£420
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£448,231
10% above area average per sq ft
Potential ROI
+22.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BR1)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +0.9%
5 year growth: +2.9%
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

Lamerock Road, Bromley, BR1
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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
£1,228
Based on a loan of £243,750 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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