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Teviot Close, Welling, Kent

South East

£400,000

Listed on 08/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
904 sqft

Description

This 3-bedroom terraced house offers a blank canvas for those looking to invest in a renovation project. Nestled in a well-regarded residential area, this property presents an exciting opportunity for first-time buyers, families, or investors aiming to enhance its value. The home features two spacious reception rooms and a kitchen that opens up to the rear garden, fostering the potential for an open-plan design. Upstairs, you'll find three generously-sized bedrooms along with a family bathroom, all of which are in need of modernisation. The exterior includes low-maintenance slabbed gardens at both the front and rear, complemented by a substantial garden shed. With planning consent, there is also an opportunity to expand and create off-street parking in the front yard. Located within walking distance of local amenities and schools, this property melds convenience with potential. Ideal for those seeking a transformative project in a quiet cul-de-sac environment.

Investment Analysis

(DA16 area)

Below Market Value

This property is priced -7.8% below area average per sq ft

-7.8%
Potential saving
This Property
£442/sq ft
Area Average
£480/sq ft
Avg Rent (weekly)
£451
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £55,000
Target Value
£477,362
10% above area average per sq ft
Potential ROI
+4.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (DA16)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +4.2%
5 year growth: +14.3%
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

Teviot Close, Welling, Kent
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,427
Based on a loan of £300,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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