2-bedroom flat · DA16 3QA
For saleListed 431 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** any potential buyer must be aged 60+ years old on completion ** Acorn are delighted to welcome to the market this two bedroom retirement apartment, in this sought after development in Welling.
Woodville Grove is an ever-popular development located in the heart of Welling, and offers well maintained communal gardens, secure Residents Parking and Residents Lounge.
The apartment comprises of two well-proportioned bedrooms with the master benefitting from a fitted wardrobe, a single storage cupboard, bathroom, and reception room leading onto the fitted kitchen with breakfast bar.
The Development is located within a short walk to the shops, cafes, and restaurants of Welling High Street, which also offers ample bus routes. Welling Station is also within a short stroll.
Lease - 99 years from 10th February 1988 (62 years remaining) Service Charge - £315 per month Ground Rent - tbc London Borough of Bexley - Council Tax Band - C Energy Efficiency Raitng - B
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
FAQ
About 63, Woodville Grove, Welling
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