2-bedroom flat · DA16 3RT
Sold STCReduced £25k (−7.7%) on 14 JulListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Acorn are delighted to welcome to the market this lovely two-bedroom ground floor maisonette in a prime location.
The current owner has modernised throughout to give a homely touch, with direct access to your own private garden. It is a fantastic opportunity for first time buyers, investors and home movers alike.
Bellegrove Road is conveniently located for the amenities of Welling as well as numerous local schools.
The local area has fast become very desirable and offers everything you would expect from a local high street, including a wide range of supermarkets, shops, restaurants, and pubs.
Transport links are plentiful with bus routes to surrounding areas including Bexleyheath, Blackheath, North Greenwich (The O2), Bluewater, and Abbey Wood with the Elizabeth Line.
Welling station is within 0.6 miles which offers direct links to London Bridge, Charing Cross, Cannon Street, Waterloo East, and Victoria.
Changes are possible at Lewisham for the DLR and New Cross, for the East London Line. London Borough of Bexley - Council Tax Band - C Energy Efficiency Rating - 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
FAQ
About 248c, Bellegrove Road, Welling
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