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See how verdicts work3-bedroom flat · DA16 3DF
No longer listedListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Price: £320,000 share of freehold: 947 Years Remain.
Able Estates are pleased to bring to the market this generously sized ground floor Three Bedroom Flat that is arranged over two floors providing a similar feel to a small house.
The property is accessed via a very well-maintained communal hallway and once inside the Flat, you will find a spacious Living Room with Dining Area, along with access to the communal Gardens.
The Kitchen benefits from a range of wall and base units along with ample work surfaces. Upstairs you will find three good sized Bedrooms (2 x doubles and 1 x single) and the family Bathroom.
This home is ideally located for local bus routes, shops and schools with East Wickham open space/playground just a short walk away.
The property benefits from Double Glazing, Gas Central Heating (untested), Garage, Residents Parking, a long Lease and a share of the Freehold.
Call now to arrange your viewing of this spacious Three Bedroom home located in a sought-after part of Welling.
Additional information Floor Area - 893 sqft (83 sqm) Council Tax Band C (London Borough of Bexley) Service Charge - £2760 per annum * Ground Rent £25 per annum * Lease Remaining 947 years * (nb:- *We have not seen paperwork to confirm this, going on seller verbally informing us).
Living Room/Dining Area - 17'5" (5.31m) x 16'5" (5m) Kitchen - 10'0" (3.05m) x 8'9" (2.67m) Bedroom 1 - 16'5" (5m) x 10'0" (3.05m) Bedroom 2 - 9'2" (2.79m) x 8'3" (2.51m) Bedroom 3 - 8'3" (2.51m) x 6'10" (2.08m) what3words /// dame.formal.caller Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Purchasers must undertake their own due diligence into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Identification checks Should a purchaser(s) have an offer accepted on a property marketed by Able Estates, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £48 inc VAT per purchase, which is paid in advance when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
As part of the service, you will be given a 3-month free Lifetime Legal membership, which comes with free legal advice, a standard or mirror Will and Mover Protection.
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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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
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FAQ
About 2 Elmfield Court, Wickham Street, Welling
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