Bloomfield Road, Bromley

The Site

• Freehold semi-detached Victorian building.
• Arranged as 3 self-contained flat.

The Deal

• Acquired for an investor client.
• Purchased ‘off market’ at a discount of 26% below RICS valuation.

What Next?

• Our client plans to improve and update the building, which will be retained in their portfolio for some time to come, generating a GIA of 6.5%.