1-bedroom flat · BR1 4EF
For saleReduced £20k (−16.7%) on 31 JulListed 121 days
Opportunity summary
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About
Situated within the highly sought-after Home Coppice House development, this beautifully presented first-floor retirement apartment is exclusively available for the over 60s and offers comfortable, independent living within a friendly and supportive community.
£120,000 Situated within the highly sought-after Home Coppice House development, this beautifully presented first-floor retirement apartment is exclusively available for the over 60s and offers comfortable, independent living within a friendly and supportive community.
Offered to the market chain-free, the property provides an excellent opportunity for those seeking a peaceful lifestyle while remaining close to local amenities.
The accommodation comprises a bright and welcoming reception room, a well-appointed kitchen, a spacious double bedroom with fitted wardrobes, and a modern shower room.
The flat has been maintained to an excellent standard throughout and is presented in attractive decorative order.
The generous reception room provides ample space for both living and dining, while the fitted kitchen offers a practical layout with a range of storage and preparation space.
The double bedroom benefits from built-in wardrobes, providing excellent storage solutions, and the contemporary shower room has been thoughtfully designed for convenience and ease of use.
Location is key, and this property enjoys an enviable position just approximately 0.5 miles from Bromley Town Centre, where residents can enjoy an extensive selection of shops, restaurants, cafés and leisure facilities.
Bromley South Station is approximately 0.7 miles away, offering fast and frequent services into Central London, while Bromley North Station is approximately 0.6 miles away.
Healthcare facilities, supermarkets and other everyday amenities are all within easy reach.
Nearby green spaces include Church House Gardens and Queens Gardens, providing attractive outdoor areas to relax and enjoy.
Property Information Tenure: Leasehold Lease Length: 125 years from 1 February 1987 (approximately 86 years remaining) Service Charge: £2,626.20 per annum Ground Rent: £435 per annum Council Tax Band: C Local Authority: London Borough of Bromley 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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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.
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FAQ
About Flat 15, Home Coppice House, Bromley
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