Brook Lane, Bexley, DA5

South East

£175,000

Listed on 04/02/2026

Property Details

Bedrooms

Type

Flat

Area

552 sqft

Description

Nestled on the borders of Bexley and Bexleyheath, this two-bedroom ground floor maisonette presents a significant renovation opportunity for cash buyers eager to invest in a project. The property is in need of comprehensive modernisation and currently holds a lease with 33 years remaining, with an estimated cost of £93,000 for an extension. The layout features a lounge, kitchen, two bedrooms, and a bathroom. Outside, there is access to a garden area with potential for off-road parking, subject to local planning permissions. With no onward chain, this property offers a prime chance to enhance its value through thoughtful refurbishment and lease enhancement. Ideal for investors or buyers looking to create their own space in a community-oriented location close to independent shops and reputable schools.

Investment Analysis

(DA5 area)

Below Market Value

This property is priced -36.8% below area average per sq ft

-36.8%

Potential saving

This Property

£317/sq ft

Area Average

£501/sq ft

Avg Rent (weekly)

£472

Avg Yield

4.4%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£25,000 - £40,000

Target Value

£304,359

10% above area average per sq ft

Potential ROI

+41.6%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

40%

Properties sold annually

Local Market Trend (DA5)

Area prices are stable by +0.2% over the last 12 months

3 year growth: +3.3%

5 year growth: +17.9%

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

Brook Lane, Bexley, DA5

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Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments

£631

Based on a loan of £131,250 over 30 years at 4.06% 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.