2-bedroom flat · BR1 2LE
Sold STCListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on prestigious Oldfield Road near Bickley station is this outstanding and charming two-bedroom well-presented flat which measures 1291 square feet.
The property is accessed via entry phone system, shared only with three flats and internally the specification is both luxurious and contemporary.
A dining area has been cleverly created off the reception hall making excellent use of this space where there is ample room for furniture including a dining suite.
Depending on the buyer’s needs, this is a very flexible area so could easily be used for example as a study/work from home space, reading nook, etc.
Double height integral cupboards are a feature here providing great storage space, so important in a flat.
The reception room is very spacious 20’ by 14’4 with engineered wood flooring, inset shelving and a marble and cast-iron fireplace which takes centre stage.
A high specification kitchen has an extensive range of gloss soft curve wall and floor units with a subway tile splash back and the butchers block style wood surface extends to create a breakfast bar.
The room is finished with large format floor tiles and a Venetian blind which will remain (along with all other window dressings). A separated utility area sits behind the kitchen.
The master bedroom features a marble surround fireplace and benefits from having a built-in wardrobe. The second bedroom is a great size and can be accessed from the hall and sitting room.
The four-piece bathroom is impressive in size and presentation.
There is a gorgeous freestanding curved roll top bath, a separate shower cubicle, a round basin set atop a patterned tile surface, a range of in-built wall storage cupboards, and all this is set around a marble and cast-iron fireplace.
Further benefits from having two car parking spaces, double glazing windows, high ceilings/elegant proportions/deep coving/skirtings) mixed with modern elements, and access to a shared garden.
The enviable location is ideal for commuters and families.
Bickley (0.5 miles) & Chislehurst stations (0.9 miles) offer access into an array of London termini, while there are numerous, highly regarded schools which include Bromley High and Bullers Wood Girls & Boys.
Tenure- Share of Freehold Lease Length - 120 years from 1st January 2010 Service Charge - £1,800 P/A Ground Rent - N/a Council Tax Band - D Energy Efficiency Rating - C
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.
Area
Agent & docs
FAQ
About Oldfield Road, Bromley
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