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See how verdicts work1-bedroom flat · BR1 3WB
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Maguire Baylis are delighted to offer for sale this beautifully presented and spacious one-bedroom apartment, occupying a desirable top (second) floor position at the rear of an attractive purpose-built development, situated within a sought-after residential road close to Bromley town centre.
The property offers bright, well-planned accommodation, presented to an exceptionally high standard throughout.
A welcoming entrance hallway provides generous storage, together with a cleverly utilised fitted work from home space.
The spacious living room enjoys access to a private balcony, providing a lovely spot to relax, whilst the stylish kitchen provides a great range of units.
The generously proportioned double bedroom benefits from a stylish, well-appointed en-suite bathroom, with the additional convenience of a separate WC accessed from the hallway.
Outside, the development is surrounded by well-maintained communal grounds, with the further advantage of a private garage situated to the rear.
There is also ample off-street parking available for residents and visitors.
Spencer Road is a popular and convenient residential location, approximately two-thirds of a mile from Bromley town centre, with its excellent range of shops, restaurants and amenities.
Several railway stations are within easy reach, including Bromley North, Sundridge Park, Shortlands and Ravensbourne, whilst the beautiful open spaces of Beckenham Place Park are also nearby, offering excellent opportunities for walking and outdoor recreation.
Communal Hallway - Stairs to second floor. Hallway - Solid wood entrance door, coats/storage cupboards, access to loft for storage, useful work from home sapce with fitted desk.
Lounge - Window to rear overlooking gardens, glazed door to balcony. Balcony - Large, private covered balcony to rear overlooking communal gardens.
Kitchen - Window to front, fitted with a modern and stylishly appointed range of units with worktops to three walls. Built-in appliances.
Bedroom - Window to rear, door to: En Suite Bathroom - Well appointed suite comprising bath with shower over and fitted glass shower screen. Separate Wc - Window to rear, WC, fitted wash basin.
Communal Gardens - Well kept communal gardens to front and rear, mainly laid to lawn. Garage/Parking - Private single garage at rear. Parking for residents & visitors.
Lease & Maintenance - LEASE - Approx 109 years remaining MAINTENANCE - Currently £1200 per year (paid quarterly) GROUND RENT - Currently £250 per year Council Tax - London Borough of Bromley - Band C Location - What3words: ///format.indeed.eaten Additional Information - * All Windows and balcony door are double glazed and installed new in 2024.
* New boiler installed 2021.
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 Spencer Road, Bromley, BR1
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