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See how verdicts work2-bedroom flat · DA16 3EP
For saleReduced £20k (−8.2%) on 17 OctListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with the significant benefit of an extended lease of over 900 years, this well-presented two-bedroom top floor flat provides comfortable and well-proportioned accommodation in a convenient location in Welling.
The property features a bright and spacious living room opening onto a private balcony, with a pleasant outlook over mature trees and the communal grounds, a kitchen/diner, two well-proportioned double bedrooms, a bathroom and hallway with integrated cupboards providing generous additional storage.
The property further benefits from a new high-efficiency combination boiler and double-glazed windows.
Set within Patricia Court, residents also enjoy parking and attractive communal grounds with mature trees.
The location is particularly convenient for commuters, with local bus services providing easy access to Welling and Woolwich Arsenal stations, offering excellent onward connections towards Canary Wharf and Central London.
Early viewing is recommended.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 30 Patricia Court, Upper Wickham Lane, Welling
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