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Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 110, Lemare Lodge, Bromley is £187,353 and the estimated rental value is £1,227 per month.
The apartment is within Lemare Lodge, Fair Acres, Bromley, BR2.
Fair Acres, Bromley, BR2 is located in the borough of Bromley within the BR2 postal district.
Flat 110, Lemare Lodge, Bromley has no records in the the Land Registry and a single entry in the EPC database dated April 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 110, Lemare Lodge, Bromley is in very good condition we estimate a sale value of £196,720 and a rental value of £1,289 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,238 and a rental value of £1,141 per month.
Over the last 12 months the sale value of Flat 110 Lemare Lodge Bromley has increased by an estimated £832 (0.4%) and its rental value has increased by an estimated £51 per month (4.2%), giving an expected gross yield of 7.9%.
Flat 110, Lemare Lodge, Bromley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 110, Lemare Lodge, Bromley within a radius of 730 metres over the last 2 years.
The most recent example is Flat 106, Lemare Lodge, Fair Acres, Bromley, BR2 9BS, a leasehold flat which sold for £205,000 on the 8th July 2024.
Read more about house prices in BR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fair Acres, Bromley, BR2 has a total of 222 addresses. According to our analysis of all the public data, Flat 110, Lemare Lodge, Bromley is the 210th largest and the 208th most expensive property on the street.
When compared to the postcode district it is £412k less expensive than the average property in BR2.
The nearest school is The Ravensbourne School which is 600 metres away. The nearest train station is Bromley South which is 1.1 kilometres away.
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