1-bedroom flat · BR1 4EF
For saleReduced £20k (−12.5%) on 20 AugListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Langford Russell are delighted to present this chain-free, one-bedroom ground floor retirement apartment, situated within a modern and well-maintained development on the corner of Park Avenue, BR1.
Located on the ground floor with direct access to the garden, the apartment benefits from residents' parking and beautifully maintained communal gardens.
The development has been thoughtfully designed to support independent retirement living, offering a comfortable and secure environment for its residents.
Purchasers must meet the development's age criteria: Single occupiers must be aged 60 or over, while for joint occupiers, one resident must be aged at least 60 and the other at least 55.
Further benefits include an on-site House Manager, providing additional support and peace of mind for residents.
The property is conveniently situated close to excellent transport links into London, as well as the local amenities of Sundridge Park Village and Bromley Town Centre.
The Glades Shopping Centre, together with a wide selection of restaurants, cafés, and the local theatre, are all within easy reach, offering an excellent range of shopping, dining, and leisure facilities.
Tenure Leasehold Lease Length 125 years from 1 March 1987 86 Years Remaining Ground Rent £3,200 pa Service Charge £490 pa Local Authority Bromley Council Tax Band F Energy Efficiency Rating D
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 8, Home Coppice House, 1, Park Avenue, Bromley
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