3-bedroom flat · BR2 9BE
Listing removedListed 81 days
Opportunity summary
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About
This spacious three-bedroom split-level flat is offered with no forward chain and is conveniently situated above retail premises within a small parade of shops.
Ideally located close to Bromley Town Centre, with its wide range of shops, restaurants, and excellent transport links into London, the property provides generous accommodation throughout.
Features include three double bedrooms, a large L-shaped lounge/dining area with an open-plan kitchen, and a bathroom fitted with a white suite.
Further benefits include a private patio area, gas central heating, and double glazing. Offered with no forward chain, the property would make an ideal first-time purchase or buy-to-let investment.
Porch Double glazed windows and doors.
Open Plan Reception Room/Kitchen Double glazed windows to front and rear, newly laid carpet, storage cupboard, stairs to landing, fitted kitchen with wall and base units, boiler.
Master Bedroom Double glazed window to front, newly laid carpet, fitted wardrobe. Bedroom Two Double glazed window to rear, newly laid carpet, fitted wardrobes.
Bedroom Three Double glazed window to front, newly laid carpet. Bathroom Frosted double glazed window, fully tiled walls, bath, w/c and wash hand basin. Patio Gated, private patio area to the front.
Council Tax London borough of Bromley council tax band - C Location ///tasty.casual.inch Lease Details Lease: 97 years remaining Service Charge: £1,000 P/A approx. Ground Rent: £80 P/A approx.
Value & comps
No previous sales on record.
Returns
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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 16A, Letchworth Drive, Bromley
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