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See how verdicts work2-bedroom flat · BR1 3JX
For saleReduced £15k (−4%) on 15 SepListed 425 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £375,000 - £400,000.
Occupying the entire top floor, this impressive two-bedroom apartment forms part of a modern development built approximately 12 years ago, finished to a high standard and offering bright, well-balanced accommodation throughout.
At the heart of the property is a spacious open-plan living area, thoughtfully designed to combine comfort and style.
The contemporary kitchen features sleek gloss units, integrated appliances, and a central island/breakfast bar, creating a natural focal point for both everyday use and entertaining.
There is plenty of space for a formal dining table alongside a generous sitting area, with a rear-facing window overlooking the communal garden.
The main bedroom is double-aspect and includes fitted wardrobes, while the second bedroom is also a comfortable double. The bathroom modern bathroom features a bath and shower over.
Practical storage is also a key feature, with a built-in hallway cupboard and extensive eaves storage providing ample space.
Externally, residents have use of a well-maintained communal garden to the rear.
The location is highly convenient, within easy reach of Bromley High Street and both Bromley South and Bromley North stations, offering excellent transport links and a wealth of local amenities.
Communal Hallway Stairs to top floor. Entrance Hallway Useful built-in storage/coats cupboard.
Open Plan Living Room/Kitchen (7.21m x 6.17m (max) (23'8 x 20'3 (max))) Sash double glazed window to rea plus skylight windows to both sides allowing light to flood in.
Useful built-in eves storage; radiator.
Kitchen area with a comprehensive range of wall and base units with fitted worktops to two walls; inset sink unit; built-in oven and hob with extractor hood over and range of integrated appliances.
Door to large eves storage space which also houses the Vaillant gas combi boiler (boiler installed new 2020 and has the balance of a 10 year warranty).
Bedroom 1 (4.39m x 4.19m (14'5 x 13'9)) Double glazed sash window to front plus skylight windows to side; radiator. Bedroom 2 (4.19m x 3.10m (13'9 x 10'2)) Skylight window to side; radiator.
Bathroom (2.26m x 1.45m (7'5 x 4'9)) Skylight window to side; modern suite comprising panelled bath with shower over; fitted wash basin; WC.
Communal Gardens Well kept communal gardens laid to lawn with paved patio area.
Lease & Maintenance Lease - approx 109 years remaining Service charges - Currently £1783.24 pa Ground rent - £400 pa Council Tax London Borough of Bromley - Band E Location What3words: ///ballots.gaps.motel Agents Note The current vendors installed a new Vaillant gas combi boiler in 2020 which has a 10 year warranty.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 5 Glaser Court, 101 Palace Road, Bromley
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