Worst House on the Street Logo
Penn Lane, Bexley, DA5 - Image 1
Penn Lane, Bexley, DA5 - Image 2
Penn Lane, Bexley, DA5 - Image 3
Penn Lane, Bexley, DA5 - Image 4
Penn Lane, Bexley, DA5 - Image 5
Penn Lane, Bexley, DA5 - Image 6
Penn Lane, Bexley, DA5 - Image 7
Penn Lane, Bexley, DA5 - Image 8
Penn Lane, Bexley, DA5 - Image 9
Penn Lane, Bexley, DA5 - Image 10
Penn Lane, Bexley, DA5 - Image 11

Penn Lane, Bexley, DA5

South East

£420,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1249 sqft

Description

Nestled on the sought-after border of Bexley and Bexleyheath, this spacious three-bedroom semi-detached bungalow presents a promising opportunity for renovation and customization. With no forward chain, this property is ideal for buyers eager to transform a space to meet their personal vision and requirements. The ground floor features one bedroom, two reception areas, a kitchen, and a bathroom. A bright conservatory adds extra living space while inviting natural light into the home. Additionally, the loft has been converted to create two more bedrooms, enhancing versatility for family living or guest accommodations. The rear garden is landscaped with mature shrubs and paved areas, offering a low-maintenance outdoor space that can be easily modified or reimagined according to your preferences. Complementing the garden is a sizable storage room attached to the property, along with a separate garage and carport accessible via a rear access road—an added benefit for secure parking or additional storage needs. Situated in close proximity to reputable schools, convenient transport links, and local amenities, this property holds significant long-term investment potential in this vibrant community. Bexley Village boasts a charming atmosphere with independent shops, cafes, and green spaces, while nearby Bexleyheath offers extensive shopping options including major retailers and entertainment venues. Both locations provide excellent connectivity by rail and road, making them particularly attractive for families and commuters looking for accessibility without sacrificing quality of life.

Investment Analysis

(DA5 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£336/sq ft
Area Average
£496/sq ft
Avg Rent (weekly)
£468
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£680,905
10% above area average per sq ft
Potential ROI
+44.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DA5)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 3.6%
5 year growth: 17.2%
Investment Disclaimer: Analysis based on DA5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Penn Lane, Bexley, DA5
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,539
Based on a loan of £315,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE