2-bedroom flat · BR2 9BP
For saleReduced £20k (−6.7%) on 4 AugListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
O.I.R.O £300,000 to £325,000 A well-presented, split level, two-bedroom apartment set within the Fair Acres development in Bromley.
The home enjoys a peaceful position among landscaped grounds, with the added benefit of allocated parking and a single garage integrated to the grond floor of the building, offering both convenience and security.
Inside, the property feels bright and inviting, with a generous living space that opens onto a private balcony.
The split level design enhances the sense of space, providing clearly defined living and sleeping areas that contribute to a calm, well balanced layout.
Two well proportioned bedrooms and a modern family bathroom complete the accommodation, all maintained in good condition throughout.
With its thoughtful design, outdoor space, and excellent location close to Bromley South, this home offers an appealing blend of comfort, practicality, and lifestyle.
Local Authority: Bromley Council Tax Band: C
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 120, Elgar Lodge,, Fair Acres, Bromley
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