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Buckingham Avenue, Welling, DA16

South East

£575,000
Listed on 29/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
764 sqft

Description

This three-bedroom detached bungalow is situated in a desirable area, offering a peaceful lifestyle with significant renovation and investment potential. With its spacious layout, the property consists of well-proportioned rooms that provide a solid foundation for updating and personalizing to suit modern tastes. The sizeable driveway and garage add convenience and storage options, while the expansive rear garden presents an opportunity for those looking to enhance their outdoor space—ideal for avid gardeners or anyone wishing to create a tranquil retreat. There is also potential for loft extension (subject to planning permission), allowing for increased living space which can significantly elevate the property's value in the future. Conveniently located near Falconwood Station, commuting into London is straightforward, making this location beneficial for both families and professionals alike. The property is within walking distance of the respected Harris Academy, catering to education needs in the vicinity. Overall, this bungalow not only offers comfortable living but also stands as a promising canvas for investors or homeowners eager to make their mark through renovations. The combination of indoor comfort and outdoor potential makes it a noteworthy opportunity in today's market.

Investment Analysis

(DA16 area)

Above Market Value

This property is priced +57.8% above area average per sq ft

+57.8%
This Property
£753/sq ft
Area Average
£477/sq ft
Avg Rent (weekly)
£460
Avg Yield
5.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£400,829
10% above area average per sq ft
Potential ROI
-33.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (DA16)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 4.7%
5 year growth: 19.0%
Investment Disclaimer: Analysis based on DA16 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

Buckingham Avenue, Welling, DA16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,106
Based on a loan of £431,250 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.

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