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First Avenue, Bexleyheath

South East

£500,000
Listed on 30/07/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
942 sqft

Description

Nestled in a peaceful and established residential neighborhood, this semi-detached home presents an exciting opportunity for renovation and investment. With three spacious bedrooms, the property combines comfortable living with ample potential for modernization or expansion, as seen in many nearby homes that have successfully extended their layouts (subject to planning permission). The ground floor features a flexible open-plan kitchen and reception area that has been enhanced by the removal of a dividing wall, creating an inviting space perfect for gatherings. However, the original layout can be easily restored for those who prefer more distinct living spaces. At the rear, a lean-to extension currently serves as both a games room and storage but offers versatile possibilities — whether you envision transforming it into a dedicated dining area, home office, or playroom. The well-maintained garden includes a lawn and patio area ideal for outdoor entertaining and relaxation. Upstairs, you'll discover three generously proportioned bedrooms along with a family bathroom, each filled with natural light. A new oven has just been added to the kitchen, allowing for immediate occupancy while still inviting future enhancements that could increase value. Conveniently located, this property also benefits from off-street parking, side access to the rear garden, and a garage that provides additional storage or potential workshop space. This garage could also be considered for conversion into a home office or creative studio. For families and commuters alike, this location is particularly appealing. The home is situated within walking distance of respected schools such as Welling School and Hillsgrove Primary. Public transport options are abundant with excellent bus services nearby and Abbey Wood Station in close proximity — now part of the Elizabeth Line — offering quick connections to Canary Wharf, the City of London, and beyond. This property effectively balances livable space with significant investment potential in a desirable area. Early viewings are encouraged to explore its possibilities firsthand.

Investment Analysis

(DA7 area)

Above Market Value

This property is priced +11.3% above area average per sq ft

+11.3%
This Property
£531/sq ft
Area Average
£477/sq ft
Avg Rent (weekly)
£421
Avg Yield
4.6%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Target Value
£494,216
10% above area average per sq ft
Potential ROI
-20.9%
After renovation
Monthly Sales
28
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (DA7)

Area prices are rising by +5.7% over the last 12 months
3 year growth: 3.3%
5 year growth: 17.3%
Investment Disclaimer: Analysis based on DA7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

First Avenue, Bexleyheath
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