6.8% gross yield — advertised as buy-to-let opportunity
Presented as a buy-to-let with a quoted 6.8% gross yield, this two-bedroom apartment in Broadway House offers ready-made rental appeal in central Bromley. The apartments' open-plan living/dining room and floor-to-ceiling windows maximise natural light, while a private terrace adds outdoor space rarely found at this size. Both bedrooms are carpeted with built-in mirrored wardrobes and the main bedroom benefits from an en-suite bathroom.
Internally the property is modern and well presented: a compact fitted kitchen with integrated appliances, contemporary tiled bathrooms, and neutral decor make it easy to relet immediately with minimal refurbishment. At approximately 635 sq ft the layout is efficient for a two-bedroom city apartment and it is sold fully furnished, simplifying turnover for an investor.
Practical details for investors: the flat is leasehold (long lease ~989 years), with an annual service charge around £2,284 and ground rent approximately £450. Broadband and mobile signal are strong and transport links from Bromley High Street provide fast journeys into Central London and Canary Wharf — a clear tenant attraction. Flood risk is nil.
Notable negatives are factual: the area records relatively high crime levels, which can affect tenant choice and insurance costs, and council tax is moderate. The property sits in an inner-city, ethnically mixed location that is benefitting from local regeneration investment — attractive for capital growth but not risk-free. Overall this is a practical, low-maintenance investment for a landlord seeking immediate rental income and long-lease security.
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