4 Bedroom properties in "BR1" are mostly listed between £2,280 - £2,850. There is limited data on listings in proximity to this property.
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Description
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Last Updated: 9th May 2024
Description
Cash buyers only ... An investment opportunity in the heart of Bromley walking distance from the town centre and local stations. Planning permission has already been granted for two, two double bedroom duplex apartments that in our opinion would make ideal letting investments or great resales. There is a projected return of approximately 20% however this could be greater depending on the preferred finish and related building costs that are taken into consideration. The current owners are looking for a fast completion and access to view can be made via the vendors sole selling agents.
Agent Details
Coady Phillips
189 Widmore Road, Bromley, BR1 2RG
Show Contact Number
020 8466 1333
Investment Analysis
Annual Rent:
£34,140
Annual Mortgage Interest:
£7,500
Annual Costs:
£200
Net Profit:
£26,440
ROCI:
21%
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