2-bedroom flat · BR1 3LA
For saleReduced £15k (−5%) on 14 OctListed 357 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a quiet residential development that sits in pristine communal grounds we are delighted to offer for sale this two bedroom purpose apartment that is being sold with no onward chain for a simple hassle free purchase.
The property has for a number of years been a successful letting investment and is walking distance from Bromley town centre with its host of shops bars and restaurants as well as two mainline stations.
The accommodation is well proportioned, neutrally decorated and enjoys an abundance of natural light and we feel would make a super first time home or letting investment.
There is a modernised kitchen and bathroom and of note underground secure allocated parking and your earliest attention to view is well advised to avoid disappointment.
Viewings are strictly by appointment with the vendors sole selling agents.
Hallway Reception (16'5 x 12'8) Kitchen (12'7 x 10'4) Bedroom One (12'7 x 10'4) Bedroom Two (12'5 x 5'5) Bathroom Allocated Parking Communal Gardens Well kept lawns and mature borders
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flat 34 The Laurels,, 1 Homefield Road, Bromley
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