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Palace Road, Bromley, BR1

South East

£375,000

Listed on 11/11/2026

The listing

Property details

Bedrooms
2
Type
House

Features

  • Terrace

Description

This freehold two-bedroom house in Bromley's Old Town includes an adjoining single-room commercial space, previously used as a barbershop. The residential accommodation is arranged around two reception rooms and a kitchen, with a first-floor bathroom accessed through the principal bedroom. A small patio sits beside the kitchen and dining room. The property requires comprehensive modernisation. The former shop could potentially be incorporated into the home, subject to planning permission and change-of-use approval; buyers should make their own enquiries with Bromley Council. The gas supply and electricity have been capped off. The property is offered chain free and is being marketed to cash buyers only. Palace Road is within reach of Bromley town centre and Bromley North station, with rail services to London destinations and connections at Lewisham. The property is freehold and falls within Bromley Council Tax Band C.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

49out of 100
Grade ELow opportunity

Confidence: LOW

This is a distinctive Old Town project: a two-bedroom house with two reception rooms and an adjoining former barbershop, giving scope to rethink how the commercial space relates to the home. The listing suggests it could potentially be incorporated into the residence, subject to planning and change-of-use approval. The small patio and intact-looking upper roofline add to the appeal, while the shopfront and adjoining space need consideration as part of the project.

The interiors show dated finishes, worn flooring and visible debris in several areas, with substantial updating needed. The overall WHOTS score is 49/100 (E, Low Opportunity), reflecting a promising location and an unusual canvas but limited confidence in value: floor area is missing, so value against local £/sqf cannot yet be judged. The listing describes a comprehensive modernisation, making this a substantial project rather than a cosmetic refresh.

Key opportunities

  • Explore whether the former barbershop could be incorporated into the home, subject to planning and change-of-use approval, or retained as a separate commercial space.
  • The two reception rooms and existing two-bedroom layout offer a clear canvas to rework the interiors around a buyer’s needs.
  • The small patio, established planting and Old Town setting provide a useful base for improving the outdoor space and overall character.

Key risks

  • Dated finishes, worn flooring and visible debris across several interior areas, alongside the shopfront and adjoining space, point to a substantial whole-property programme; allow time and budget for coordinated work rather than a cosmetic refresh.

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Map

Location

Palace Road, Bromley, BR1
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Transport

Nearest stations

  • Bromley North Rail Station

    0.2 miles

    Train · Bromley

  • Sundridge Park Rail Station

    0.3 miles

    Train · Plaistow

  • Bromley South Rail Station

    0.7 miles

    Train · Bromley

  • Shortlands Rail Station

    0.8 miles

    Train · Shortlands

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
£1,532
Based on a loan of £281,250 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.

Tax

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