Offers over
£230,000
2 bed flat for saleHoward Road, Bromley BR1
2 beds
1 bath
1 reception
EPC Rating: C
Added on
About this property
Long Lease (172 years)
Requires Full Modernisation Throughout
Fantastic Investment Opportunity
Close To Public Transport
Accessible Ground Floor Position
Close To Bromley Town Centre
Quiet Residential Street
Boasting a long lease of 172 years with no immediate renewal costs, the property provides a secure, high-yield foundation to execute a complete, bespoke refurbishment.
The accessible ground-floor apartment offers a blank canvas primed for modernisation. Incoming buyers can reconfigure and upgrade the living areas, kitchen, and bathroom to high-end contemporary standards-maximising both market resale value and rental yield in a high-demand area.
Beyond the value-add potential, the property benefits from an unbeatable location for commuters and town-centre living. Situated on a quiet, low-traffic road, it is close to local public transport links, including swift rail connections into Central London from Bromley North (0.3 miles) and Sundridge Park (0.3 miles), as well as the vibrant shopping, dining, and leisure amenities of Bromley town centre.
Lease - 172 yrs
Service Charge - £2,211 p/a
Ground rent - peppercorn
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Reception Room
5.49m x 3.36m - 18'0” x 11'0”
Kitchen
2.72m x 2.44m - 8'11” x 8'0”
Bedroom 1
3.96m x 3.07m - 12'12” x 10'1”
Bedroom 2
2.29m x 2.15m - 7'6” x 7'1”
Bathroom
1.73m x 1.57m - 5'8” x 5'2”
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
C
Ground rent
Ground rent date of next review
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