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Hook Lane, Welling

South East

£425,000

Listed on 19/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
985 sqft

Description

This semi-detached three-bedroom family home in South Welling presents a prime opportunity for renovation and investment. Currently requiring comprehensive refurbishment, this property serves as a blank canvas ready for personalization or redevelopment, subject to the necessary planning permissions. The ground floor consists of two reception areas alongside a kitchen, while the upper level features three bedrooms and a walk-in shower room with a separate WC. Outside, you'll find off-street parking and a garage to the side, along with a generous 50ft rear garden that could benefit from landscaping or further development. Located within a rapidly growing area, this home is close to local amenities including supermarkets, restaurants, and pubs. Excellent transport links are available with Welling Station just half a mile away, offering direct routes into central London. As it's part of a deceased estate, please consult with the agent regarding any potential queries before viewing.

Investment Analysis

(DA16 area)

Below Market Value

This property is priced -10.1% below area average per sq ft

-10.1%
Potential saving
This Property
£431/sq ft
Area Average
£480/sq ft
Avg Rent (weekly)
£451
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£520,134
10% above area average per sq ft
Potential ROI
+6.1%
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

Hook Lane, Welling
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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
£1,516
Based on a loan of £318,750 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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