Martins Road, Bromley BR2
South East
£180,000
Listed on 03/09/2026
Listed on 03/09/2026
The listing
Property details
Bedrooms
1Type
FlatArea
449 sqftDescription
This one-bedroom second-floor flat in Shortlands is offered chain free and is arranged with an open-plan reception and kitchen, a double bedroom and a bathroom. The listing describes the interior as needing cosmetic updating, leaving scope to refresh the finishes to suit a new owner or investment plan.
Shortlands station is directly opposite, with services to London Victoria. Bromley town centre, local shops, cafés, parks and bus routes are also within reach. The flat has an EPC rating of C and is in Council Tax Band C. The lease has 105 years remaining; the stated service charge is approximately £3,225 per year and ground rent is £150 per year, with the ground rent increasing every 25 years. These lease and charge details should be checked by a solicitor before proceeding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
70out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £180,000, this one-bedroom flat is priced well below the local average per square foot, making the asking price a clear acquisition opportunity. The photographed rooms look clean and usable, with worn carpets and simple finishes offering a light, straightforward cosmetic refresh rather than a major overhaul. Its open-plan living space, chain-free sale and Shortlands station directly across the road add practical appeal. The 105-year lease and stated service charge and ground rent are worth checking carefully.
Key opportunities
- Acquire below the local average £/sqf, leaving scope to create value through a light cosmetic update.
- Replace the worn living-room and bedroom carpets and refresh the simple finishes.
- Benefit from an open-plan layout and Shortlands station directly across the road.
Key risks
- Check the 105-year lease, approximately £3,225 annual service charge and £150 ground rent, including its stated 25-year increases, with a legal representative.
Unlock the full analysis
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Interested in similar properties?
Create an alert and we'll notify you when similar renovation opportunities are listed.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£680
Based on a loan of £135,000 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Services
Next steps
Explore services to help you with this property purchase.
Get help with this property
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Similar properties
Other listings you may want to compare.
