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See how verdicts work2-bedroom flat · BR2 9BU
For saleReduced £25k (−5.9%) on 17 JulListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two-bedroom apartment is situated within the highly sought-after Axiom Apartments development, offering spacious and contemporary accommodation in a convenient Bromley location.
Offered chain free This well-presented two-bedroom apartment is situated within the highly sought-after Axiom Apartments development, offering spacious and contemporary accommodation in a convenient Bromley location.
Recently redecorated throughout and benefiting from newly fitted carpets, the property provides a fantastic opportunity for first-time buyers, professionals, downsizers, or investors seeking a move-in ready home close to Bromley South Station and the town centre.
Positioned on the first floor at the rear of the development, the apartment enjoys a peaceful outlook over the well-maintained communal grounds.
The accommodation centres around a generous and bright reception room, providing an ideal space for both relaxing and entertaining.
French doors open onto a substantial private balcony, creating an excellent extension of the living space and a perfect spot to enjoy the tranquil surroundings.
The separate kitchen is generously sized and well-appointed, featuring a newly installed fridge freezer, new gas hob, new oven, and a washer/dryer that is only a few years old, together with ample worktop and storage space.
Both bedrooms are generously proportioned doubles and benefit from fitted wardrobe space.
The principal bedroom is served by an en-suite bathroom with bath, whilst the second bedroom enjoys its own en-suite shower room, making the apartment particularly well suited to guests, sharers, or those seeking additional privacy.
In addition, there is a separate cloakroom WC accessed from the hallway. Further benefits include excellent storage, secure entry, lift access, allocated parking and chain free.
Located on Sparkes Close, the development is ideally positioned for Bromley South Station, offering fast and frequent services into Central London, whilst Bromley town centre provides an extensive range of shops, restaurants, cafés, and leisure facilities.
Combining spacious accommodation, a peaceful setting, and exceptional convenience, this attractive apartment is sure to generate strong interest.
Tenure: Leasehold Lease Length: 132 years Service Charge: £3,500pa approx.
(incl water) Ground Rent: £275 pa Local Authority: London Borough of Bromley Council Tax Band: D Viewing: By appointment via Truepenny's.
Truepenny’s Property Consultants for themselves and for the owner of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the Landlord/Vendor or Truepenny’s Property Consultants, (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending tenant/buyer must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the Landlord/Vendor does not make or give either Truepenny’s Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property.
(5) any computer generated images, virtually staged images, artist’s impressions and floorplans are used purely for illustrative purposes only.
They are intended to show what furnishings or fixtures could look like at the property and does not necessarily represent the actual furnishings and fixtures which maybe present at the time of inspection.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 7, Axiom Apartments, 42 Sparkes Close, Bromley
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