2-bedroom house · DA16 3QA
For saleListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely available two bedroom ground floor retirement flat which in our opinion is situated in probably the most favourable position in the development, with direct access onto the well maintained communal gardens and a level and short walk from he communal door, laundry room and the car park.
Located in the heart of Welling, tucked away behind a gated entrance, this spacious flat comprises; 'L' shaped entrance hall with good storage facilities, spacious lounge/diner with window and patio door overlooking and providing direct access onto the communal gardens, fitted kitchen, two bedrooms, the main bedroom with fitted wardrobes and a bathroom suite that has an easy walk in bath.
Presented in good decorative condition the property features an extended lease, well maintained communal gardens, lovely communal residents lounge, resident manager, hairdressers and laundry room and residents parking that is approached from a gated entrance.
Event Fee/Sinking Fund: Upon re-sale of the property, the owner must pay 0.9% of the sale price multiplied by the number of years they have lived there back to Anchor Trust.
Lease: The lease runs until 3rd February 2177. (152 years unexpired). Service Charge: £315.43 a month from April 2025. Council Tax Band C.
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
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FAQ
About 25, Woodville Grove, Welling
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