We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · BR2 7LP
Sold STCListed 1372 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TWO BEDROOM CHAIN FREE GROUND FLOOR WARDEN ASSISTED RETIREMENT FLAT, forming part of this popular development, adjacent to a doctors surgery.
Situated on the corner with VIEWS OVER THE GARDENS, the property offers a 14’4'' x 11' 11" living room with double glazed windows to the front and side.
The KITCHEN HAS BEEN REFITTED with matching wall and base units and wood effect work surfaces. There are two bedrooms, with the main having built in wardrobes.
The second bedroom could be used as a dining room or study if required. The shower room has also been remodeled with a large walk in shower enclosure.
The development has a SECURITY ENTRY PHONE System, alarm pull cords in most rooms, residents’ communal living room and kitchen/laundry room.
Outside are attractive, WELL KEPT COMMUNAL GARDENS to the rear and some residents unallocated parking bays to the front. Close to Bus routes, shops, doctors surgery and local parks.
Forge Close is a cul-de-sac positioned off Pickhurst Lane between The Knoll and Baston Road (Hayes).
There are some local shops, Hayes Library, Church and The George Pub in Hayes Street, which are within walking distance.
There are a further range of shops in Station Approach including a Sainsbury's Local and Hayes Station, which are about a third of a mile away.
Bus services pass along Pickhurst Lane with routes to Hayes and Bromley.
Bromley High Street with national stores, Glades Bromley, The Churchill Theatre, various restaurants and other recreational facilities and Bromley South Station are about two miles away.
Communal Entrance Security phone system, stairs and lift to first floor Hallway Hardwood door, coved cornice, entry phone system, emergency pull cord system, airing cupboard housing hot water cylinder and cold water tank, meter cupboard with hanging rail, large corner cupboard with storage shelves Living Room 14' 4" x 11' 11" (4.37m x 3.63m) Dual aspect with double glazed window to front and side, E7 heater, coved cornice, recessed spot lights, emergency pull cord system, archway to: Kitchen 7' 2" x 6' 2" (2.18m x 1.88m) Double glazed window to front, updated with new wall and base units, wood effect textured work surfaces over, drawer unit, two ring electric hob, stainless steel oven, space for fridge/freezer, stainless steel sink with mixer tap, coved cornice, recessed spot lights, under pelmet lighting, matching splash backs and upstands Bedroom 1 14' 6" x 10' 2" (4.42m x 3.10m) Double glazed window to side, coved cornice, electric heater, emergency pull cord, built in wardrobes, spot lights Bedroom 2 8' 5" x 7' 0" (2.57m x 2.13m) Double glazed window to side, coved cornice, E7 heater, spot lights, emergency pull cord Shower Room 6' 8" x 6' 2" (2.03m x 1.88m) Enclosure with wall mounted chrome shower, low level w.c., pedestal wash hand basin with chrome shelf, extractor fan, tiled walls, storage shelf, shaving light, mirrored cupboard, coved cornice, recessed spotlights Communal Lounge Located on the ground floor with access onto the communal gardens Laundry Room Washing Machine and dryer Guest Suite Available to rent for visiting family Communal Garden Well kept communal gardens are located to the rear o the development with seating area, lawn, tree and shrub borders Lease 125 years from 01.01.1986 - To Be Confirmed Maintenance £4736.60 Per Annum - To Be Confirmed Ground Rent £150.00 Per Annum until 31.12.2035.
£225.00 per annum until 31.12.2060, £300.00 per annum until 31.12.2085, £375.00 p.a. thereafter - To Be Confirmed Agents Note Details of lease, maintenance etc.
should be checked with your legal representative prior to exchange of contracts. Council Tax London Borough of Bromley - Band C.
For the current rate visit: bromley.gov.uk/council-tax/council-tax-guide Utilities Mains - Electric, Water and Sewerage Broadband and Mobile For coverage at this property, please visit: checker.ofcom.org.uk/en-gb/broadband-coverage checker.ofcom.org.uk/en-gb/mobile-coverage
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
Area
Agent & docs

FAQ
About Forge Close, Hayes, Bromley, BR2
Explore nearby