We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · DA16 2BS
Listing removedListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Interested parties should contact Knight Frank Auctions for further information. Description On the instructions of a Housing Association.
The property comprises a two-floor 2 bedroom end of terrace house, which benefits from having a private rear garden, side access and off-street parking at the front.
Accommodation Ground Floor: Living room, Kitchen, W/C First Floor: Two Bedrooms, Shower-room External: Rear Garden, Off-Street Parking The property may benefit from various extensions, subject to obtaining the requisite consents.
Interested parties are to rely on their own enquiries in this regard.
Open House Viewings: * Tuesday 7th July: 12:00pm - 12:30pm * Saturday 14th July: 12:00pm - 12:30pm * Thursday 16th July: 12:00pm - 12:30pm * Saturday 18th July: 12:00pm - 12:30pm Please arrive at the start time.
Location Situated in a quiet residential cul-de-sac in the ever-popular South Welling area, 36 Groombridge Close enjoys a convenient location close to a range of local amenities, highly regarded schools and excellent transport links.
Welling High Street is within easy reach, offering an array of shops, cafs, restaurants and supermarkets, while Welling and Bexleyheath stations provide regular services into Central London.
Nearby parks, leisure facilities and road connections, including the A2 and M25 make this an ideal setting for families and commuters alike.
Occupancy Vacant Tenure Freehold The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.
Auction Details The sale of this property will take place on the stated date by way of and is being sold as Unconditional. Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.
Auctioneer Fees and Deposit The following deposits and non-refundable auctioneer fees apply: • 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.
Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions website.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price.
The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.
A full definition can be found within the Buyers Terms.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 36 Groombridge Close, Welling, Kent, DA16 2BS
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