1-bedroom flat · BR2 9EX
For saleListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a gated development just 0.2m from Bromley South Station is this spacious ground-floor one-bedroom, one bathroom apartment.
This fantastic one-bedroom apartment is set within a modern complex and offers spacious, bright and airy living space throughout.
Boasting a large reception area, fitted kitchen, one double bedroom and modern bathroom with a fantastic terrace area.
Other benefits include allocated, secure parking plus gated visitor parking spaces. Bromley South Station offers direct links into London Blackfriars and Victoria (from 17 minutes).
Bromley High Street and The Glades shopping centre with an array of cafes, bars and restaurants makes this an ideal choice to suit different lifestyles.
The new St Marks Square development is within 0.2m and includes a nine screen multi-plex cinema along with restaurants and a landscaped square.
Lease Length - 155 years from 1st August 2003 (132 years remaining) Service Charge - £2,500 pa Including Water Ground Rent - £225 pa London Borough of Bromley - Council Tax Band - D Energy Efficiency Rating - C
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 4, Exchange Apartments, 41, Sparkes Close, Bromley
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