Buyer Guidance
Recommendations and due diligence advice for your property search
Best Property For...
Families
Bow Balcony Maisonette - private outdoor space and lower ongoing costs
Investors
Bow Balcony Maisonette - better yield potential and lower service charges
Professionals
Bromley High Street Apartment - modern, low-maintenance, ground floor convenience
First-Time Buyers
Both excellent - depends on preference for outdoor space vs modern convenience
Due Diligence Checklist
Surveys
- Homebuyer's report sufficient for Bow Balcony Maisonette (Victorian conversion, good condition)
- Basic survey adequate for Bromley High Street Apartment (modern apartment block)
- Check balcony structure and waterproofing for Bow Balcony Maisonette
- Verify building management and maintenance standards for Bromley High Street Apartment
Legal Checks
- Verify freehold equivalent status for Bow Balcony Maisonette - ensure no hidden charges
- Check leasehold terms for Bromley High Street Apartment - service charges, ground rent escalation, subletting rules
- Confirm building insurance arrangements for both properties
- Check for any planning permissions or building regulation certificates
- Verify management company reputation and financial health for Bromley High Street Apartment
Questions to Ask
A
Property A
- What are the exact terms regarding the communal garden access and maintenance?
- Are there any restrictions on balcony use or modifications?
- What are the typical heating costs for the split-level layout?
- Have there been any issues with the Victorian conversion structure?
- What are the building insurance arrangements?
B
Property B
- What are the annual service charges and what do they cover?
- How many years remain on the lease and what are the ground rent review terms?
- Is there allocated parking or permits required for the area?
- What are the building insurance costs and management company details?
- Are pets allowed under the lease terms?
- What are the rules about subletting and Airbnb?