Renting guide: Bromley

Young professional couples and families, priced out of Dulwich and Blackheath, snap up the two-bedroom flats and three- and four-bedroom houses in Bromley.
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Shelley Matczak, lettings manager at the local branch of Kinleigh Folkard & Hayward, says renters priced out of more expensive areas such as Dulwich and Blackheath are ending up in Bromley. “Our renters are predominantly young professional couples and families - we don’t get many sharers. We get both commuters and people working for locally based companies.” 

The most popular rentals are two-bedroom flats and three- and four-bedroom houses. The area around Highfield junior and infants schools, which are judged “outstanding” by Ofsted, is always in demand. Renters expect to pay between £1,300 and £1,400 a month for a two-bedroom flat; between £1,500 and £1,800 a month for a three-bedroom house and between £1,800 and £2,500 a month for a four-bedroom house. A four-bedroom detached Thirties house in Tootswood Road close to the Highfield schools is available for £2,750 a month, well above the average Bromley level for a house of its size.

Rental yields range from around four per cent for larger houses to as much as 5.5 per cent for one-bedroom flats.

Average prices: renting houses and flats in Bromley
One bedroom flat: £837 a month
Two bedroom flat: £1,191 a month
Three bedroom house: £1,554 a month
Four bedroom house: £2,314 a month

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