It’s a well known fact that London is one of the most expensive places to buy property in the world.
For those of us looking to get on to the property ladder, living in the city may seem out of reach.
A semi-detached house in Bromley costs on average £489,040 which is more than double the national standard.
But you may just be able to jump on the property ladder. – Particularly if you’re one of the lucky ones who isn’t paying extortionate rent.
Coming in at under £250,000 these homes are some of the cheapest available to buy in SE London.
Two bed flat – Bromley, BR2
This two bedroom flat is available at 40 per-cent shared ownership, of course nothing in London would ever be this cheap.
Owning a share of a property can help people enter the property market sooner and in a much more affordable fashion.
However as the shareholder you must pay for all of the ground rent and you could be restricted on what home improvements you make.
This flat is bright and airy with the current owners making full use of the space which is tastefully decorated.
One bed flat – Anerley, SE20
This top floor Victorian conversion features some small quirks including a porthole-style kitchen window which give the property some added character.
The flat has been well decorated overall and lovingly maintained with a practical and neutral bathroom.
If you’re over six foot you may need to view the property first to make sure you can stand.
One bed flat – Beckenham, BR3
Coming in at the very top end of the budget, this one bedroom flat on Birkbeck Road has a generous sized living arrangement.
The property is advertised as being in need of renovation works, including refitting the outdated 70s avocado bathroom suite.
However, the property oozes potential and once renovated and restored to its former glory it could be a gorgeous home.
One bed flat – Bromley, BR2
This one bed flat in Bromley has been professionally renovated and finished to high specification.
The rooms are all of good size including the open plan living, kitchen and dining room.
The pièce de résistance of the property is the large bathroom which has an ultra high gloss finish with a bath and overhead shower.
Centrally located it is perfect for commuters and could be a brilliant investment property with rental capabilities.
One bed flat – Orpington, BR5
This glorious building was the former police station which was renovated into five flats in 2008.
The full market value of this flat is £210,000 and the property is currently advertised with a 60-per-cent share.
Boasting private parking and easy access to St Mary Cray Station this property is a great investment.
What do you think about these properties? Let us know in the comments.