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Basing Drive, Bexley, Kent, DA5 - Image 1
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Basing Drive, Bexley, Kent, DA5

South East

£450,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached three-bedroom bungalow on a generous plot presents a compelling opportunity for both homeowners keen to renovate and developers looking for a project with considerable potential (STPP). The property, offered chain free, is ripe for modernization, allowing for personal touches to create a bespoke living space. Inside, the layout currently comprises three spacious double bedrooms, a living-dining area, and a sun lounge that provides pleasant views of the expansive wrap-around garden. The addition of a detached garage further enhances the overall utility of this property. The existing structure may also serve as a foundation for redevelopment opportunities; potential plans could include replacing the current home with multiple residential units, such as three-bedroom terraced houses (subject to planning permission). This level of development could significantly increase the value of the site. With few plots of this size available in Bexley, this freehold property offers an attractive prospect whether for individual buyers envisioning their dream home or investors targeting lucrative projects.

Investment Analysis

(DA5 area)
Area Average
£496/sq ft
Avg Rent (weekly)
£468
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£55,000 - £85,000
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

Basing Drive, Bexley, Kent, DA5
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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
£1,648
Based on a loan of £337,500 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