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Palace View, Bromley BR1

South East

£675,000

Listed on 22/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1964 sqft

Description

This three-bedroom 1930s family home, complemented by a versatile loft room, is nestled on a quiet tree-lined street within the desirable Palace Estate in Bromley. The property is ideally situated just 0.4 miles from Bromley South Station, offering convenient access to central London with a swift journey to Victoria in just 16 minutes. Internally, the residence features two spacious reception areas alongside a conservatory and a separate kitchen. The upper floor comprises two well-proportioned double bedrooms and a single bedroom, while the loft room adds valuable extra space that can be adapted according to your needs. The property presents ample opportunity for renovations, making it an appealing option for families aiming to personalize their home in a sought-after location. Local amenities are abundant, with The Glades shopping centre nearby providing a variety of dining options, retailers including Waitrose, leisure activities, and even a modern cinema. Residents can also enjoy proximity to Bromley tennis club and various gyms. Additional highlights include a rear garage and the advantage of being offered chain-free. This home combines classic charm with excellent potential for enhancement and modernization, appealing to those looking to invest in an attractive residential setting.

Investment Analysis

(BR1 area)

Below Market Value

This property is priced -32.4% below area average per sq ft

-32.4%
Potential saving
This Property
£344/sq ft
Area Average
£508/sq ft
Avg Rent (weekly)
£424
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£1,098,347
10% above area average per sq ft
Potential ROI
+53.6%
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

Palace View, 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
£2,550
Based on a loan of £506,250 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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