Investment for sale in Bromley

AUCTION PROPERTY A rare opportunity to acquire a substantial freehold residential investment comprising 14 self-contained flats within a gated development in this established Bromley residential location.



Carpenters Court provides an opportunity for investors to acquire an entire income-producing unbroken development, with all 14 flats currently let and producing 202,980 per annum.

The building is situated on Lewes Road, among mainly established residential surroundings, with Bromley town centre providing an extensive range of shopping, recreational and transport facilities. The accommodation is arranged over the ground and first floor with seven flats on each floor comprising a mixture of one and two-bedrooms.

Ground Floor
Flat 1
One-bedroom flat let under the terms of an Assured Periodic Tenancy at a current rental of 1,425 per calendar month.

Flat 2
Two-bedroom flat let under the terms of an Assured Periodic Tenancy at a current rental of 1,275 per calendar month.

Flat 3
One-bedroom flat let under the terms of an Assured Periodic Tenancy at a current rental of 1,395 per calendar month.

Flat 4
One-bedroom flat let under the terms of an Assured Periodic Tenancy at a current rental of 1,295 per calendar month.

Flat 5
One-bedroom flat let under the terms of an Assured Periodic Tenancy at a current rental of 1,000 per calendar month.

Flat 6
One-bedroom flat let under the terms of an Assured Periodic Tenancy at a current rental of 1,195 per calendar month.

Flat 7
One-bedroom flat let under the terms of an Assured Periodic Tenancy at a current rental of 1,125 per calendar month.

First Floor
Flat 8
One-bedroom flat let under the terms of an Assured Periodic Tenancy at a current rental of 1,095 per calendar month.

Flat 9
Two-bedroom flat let under the terms of an Assured Periodic Tenancy at a current rental of 1,300 per calendar month.

Flat 10
Two-bedroom flat let under the terms of an Assured Periodic Tenancy at a current rental of 1,225 per calendar month.

Flat 11
Two-bedroom flat let under the terms of an Assured Periodic Tenancy at a current rental of 1,100 per calendar month.

Flat 12
Two-bedroom flat let under the terms of an Assured Periodic Tenancy at a current rental of 1,195 per calendar month.

Flat 13
One-bedroom split-level flat let under the terms of an Assured Periodic Tenancy at a current rental of 995 per calendar month.

Flat 14
One-bedroom flat let under the terms of an Assured Periodic Tenancy at a current rental of 1,145 per calendar month.

Outside
The development is approached via a gated entrance from Lewes Road and there are communal external areas.

EPC Ratings C for Each Flat.
Council Tax Bands
Flats 1-9 and Flat 12 Band C; Flats 10, 11 and 14 Band D. Flat 13 Band B.

Auctioneer's Note 1
We understand from the seller that all tenants will be served notice, on or after 1st November 2026, to increase the rent. Equating to an estimated new 2027 rental of approximately 216,060.

Auctioneer's Note 2
Interested parties are requested not to contact the tenants directly.

Viewing
External only.

Freehold Subject to the Existing Tenancies

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.

Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/