2-bedroom flat · DA16 3AB
Sold STCListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £300,000- £325,000 Upper Wickham Lane A well-presented, larger than average modern two bedroom flat, ideally located in the town centre.
The property features a bright open-plan kitchen and lounge area, two generously sized bedrooms, ample storage and two bathrooms.
This property is offered with its own parking space, communal outside area and no onward chain, making it an ideal purchase for first-time buyers or investors. Key held for immediate viewings!
Key Terms Welling has been a favoured town for many years, with access to Bexley borough’s four grammar schools as well as the 78-hectare Danson Park, with its historic house, boating lake, sports pitches, splash park and pub.
The town’s heart is in the High Street, where you’ll find shops, pubs, restaurants and the mainline train station, with its direct trains to London.
Don’t miss Crook Log Leisure Centre – Welling’s sports and pool complex. Communal Entrance: Door to front, video entry system and stairs to all floors.
Entrance Hall: Door to front and engineered wood flooring.
Kitchen/Reception Room: 178' 11" x 17' 8" (54.53m x 5.38m) Fitted with a range of wall and base units and contrasting work surfaces. Integrated oven, hob and filter hood.
Integrated dishwasher and fridge freezer. Engineered wood flooring and two double glazed windows to front.
Bedroom 1: 21' 4" x 13' 0" (6.5m x 3.96m) Two double glazed windows to front, built in wardrobes and carpet as fitted.
En Suite: Fitted with a three piece suite comprising of vanity wash hand basin, low level wc and separate walk in shower cubicle.
Chrome style heated towel rail, part tiled walls and tiled flooring. Bedroom 2: 16' 5" x 7' 9" (5m x 2.36m) Double glazed window to front and carpet as fitted.
Bathroom: Fitted with a three piece suite comprising of wall mounted vanity wash hand basin, low level and tile sided bath with shower over and glass shower screen.
Tiled walls and tiled flooring. Communal Outside Space Parking: One allocated parking space at the rear.
Value & comps
No previous sales on record.
Returns
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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 Upper Wickham Lane, Welling, Kent, DA16
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