55 Homesdale Road, Bromley, Kent
South East
£600,000
Listed on 03/11/2026
Listed on 03/11/2026
The listing
Property details
Bedrooms
N/AType
FlatArea
1100 sqftFeatures
- Garage
- Garden
- HMO
- Tenanted
Description
A part-let, fully licensed HMO in Bromley, arranged over the ground and first floors with six rooms across approximately 1,100 sq ft. One room has an en-suite and kitchenette, while the other five use shared facilities. The listing reports current annual income of £44,280 and an estimated rental value of around £65,000 per year when fully let at market rents.
The property is described as being in reasonable condition, with refurbishment identified as a way to improve rental income. Vacant possession may be possible, subject to the seller serving Section 8 notices on current tenants and the agreed sale terms. A large front garden is noted, and the rear garage is included in the sale on a separate title. Any development potential is subject to planning permission and verification.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
50out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This part-let, licensed HMO offers a practical light-refresh project, with the two bedrooms shown and the bathroom appearing clean and serviceable. The worn hallway flooring and established front garden offer scope to sharpen presentation, while the listing points to rental improvement potential through refurbishment and fuller occupancy. Limited photo coverage makes the renovation assessment further provisional.
At £600,000, the asking price is around 2.5% above the local £/sqf average, so value is a constraint rather than a standout; the overall WHOTS result is therefore a weaker opportunity despite the usable condition and income-producing setup.
Key opportunities
- A light cosmetic refresh, including attention to the worn hallway floorboards, could improve presentation.
- The established front garden and included rear garage/outbuilding add useful site features; the listing also identifies potential associated with the front garden, subject to planning.
- The HMO is already producing rental income, with the listing indicating scope to improve returns through refurbishment and fuller occupancy.
Key risks
- The asking price is slightly above the local £/sqf average, limiting the value case.
- The property is part-let; vacant possession would depend on the seller serving notices and the terms of sale.
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Transport
Nearest stations
Bromley South Rail Station
0.6 miles
Train · Bromley
Bickley Rail Station
0.7 miles
Train · Bickley
Bromley North Rail Station
0.9 miles
Train · Bromley
Sundridge Park Rail Station
1.2 miles
Train · Plaistow
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£2,452
Based on a loan of £450,000 over 30 years at 5.13% 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.
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