Downham Way, BROMLEY, Kent, BR1
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
557 sq ft
52 sq m
Key features
- *Two bedrooms & One bathroom
- *Separate living room
- *Private garage
- *Reversionary interest of 408a.
- *Well-proportioned accommodation
- *Convenient Bromley location. close to local amenities & green spaces
- *Good transport connections
- *Scope for modernisation
- *Ideal buy-to-let investment
- *Suitable for first-time buyers and owner-occupiers
Description
The property benefits from a large private garage, providing secure parking and useful additional storage, a valuable feature and an attractive addition for both future owners and prospective tenants.
The accommodation offers a good layout with two well-sized bedrooms and a separate living room providing a comfortable space for relaxing and entertaining. The property also offers scope for modernisation and improvement, subject to any necessary permissions, making it particularly appealing to buyers looking to add value.
Located on Downham Way, the property is well positioned for access to a range of local shops, supermarkets, schools, parks and everyday amenities. Bromley town centre is also within easy reach, offering an extensive selection of shops, restaurants, leisure facilities and services.
The area is well connected by public transport, with local bus routes and nearby rail connections providing access to Bromley and surrounding areas, as well as convenient links towards Central London and other parts of South East London. The location is also well suited to commuters and those requiring access to the wider road network.
This property also benefits from being the Reversion holder to the flat next door which means you benefit by a £250 ground rent (which increases in accordance with the lease) and the eventual reversionary interest when the lease of 408a expires giving you the opportunity of renting it out for a period of time before this superior leasehold expires (subject to law changes).
With its combination of two-bedroom accommodation, separate living room, private garage and convenient location, this property represents an attractive investment opportunity with potential for rental income and long-term value. EPC Rating C.
Key features:
Two bedrooms
One bathroom
Separate living room
Private garage
Reversionary interest of 408a
Well-proportioned accommodation
Convenient Bromley location
Close to local amenities and green spaces
Good transport connections
Scope for modernisation Ideal buy-to-let investment
Suitable for first-time buyers and owner-occupiers
Living Room
4.4m x 3.9m
Doors to;
Kitchen
2.74m x 1.8m
Inner Hallway
Doors to;
Bedroom 1
4.3m x 3.4m
Bedroom 2
3.3m x 2.3m
Bathroom
Garage
5.13m x 4.88m
The seller advises there is a charge of £136 per calendar month for the garage.
MATERIAL INFORMATION
Tenure
Leasehold - Term: 125 years from 25 December 1991.
Service Charge
The seller advises the service charge is split 50/50 with the adjoining property. Cost variable. All details to be confirmed by seller's solicitor.
Ground Rent
£150 per annum - £100 per annum for the first 25 years of the said term £150 per annum for the next 25 years of the said term £200 per annum for the next 25 years of the said term £250 per annum for the next 25 years of the said term £300 per annum for the remainder of the said term
Building Insurance
£170 per annum - All details to be confirmed by seller's solicitor.
Council Tax Band
C.
Broadband
Ultrafast up to 330 Mbps. For more information please visit
Mobile Coverage
Good for voice calls and data outdoors and in home. For more information please visit
Mains Services
Gas/Electricity/Water/Drainage.
Heating System
Gas central heating via radiators.
Property is situated above commercial premises
Brochures
Web DetailsParticulars- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Garage
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
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Visit our security centre to find out moreDisclaimer - Property reference DAN260134. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Daniels Property Services, Bromley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.