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Beckenham Lane, Bromley 2 bed apartment for sale
Beckenham Lane, Bromley
£180,000
Beckenham Lane, Bromley
£180,000
Our Summary
- A vacant two bedroom raised ground floor flat requiring minor refurbishment with balcony and allocated parking, located in a popular residential area of Shortlands, close to Bromley town centre providing good access to Shortlands, Bromley North and Bromley South stations and within the Valley School catchment
- Cash buyers only due to 54 year lease
- FOR SALE BY ONLINE AUCTION
- For sale by online auction
- Investment potential
- Requires minor refurbishment
Description
This vacant two-bedroom raised ground floor flat is located in a popular residential area of Shortlands, just a short distance from Bromley town centre. The property requires minor refurbishment and features a balcony and allocated parking. It's an ideal opportunity for owner occupation or a letting investment, with an estimated rent of £1500 PCM, providing a gross yield of 10.0% PAX. However, the property is only suitable for cash buyers due to its 54-year lease. With proximity to local transport links, including Shortlands, Bromley North, and Bromley South stations, and within the catchment area of the Valley School, this property presents a great investment opportunity.