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See how verdicts work1-bedroom flat · BR1 3HA
For saleReduced £10k (−4.3%) on 17 SepListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* guide price £230,000 - £250,000 * This well-presented one-bedroom ground floor flat offers bright, well-proportioned accommodation, making it an excellent choice for first-time buyers, downsizers or investors.
The property comprises a spacious reception room, a fitted kitchen, a generous double bedroom, and a modern shower room.
Benefiting from its ground floor position, the flat provides a convenient and comfortable layout throughout.
Situated on the sought-after Palace Road in Bromley, the property enjoys a convenient location within easy reach of Bromley town centre, offering an excellent selection of shops, restaurants, cafés and leisure facilities.
Bromley North and Bromley South stations are both easily accessible, providing fast and frequent services into Central London.
Nearby parks and green open spaces, along with excellent local amenities, make this a fantastic opportunity for those seeking a well-connected home in a desirable residential location.
Tenure- Leasehold - 157 years 5 months Local Authority -Bromley Tax Band : C EPC : D
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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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 2, 11, Palace Grove, Bromley
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