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Broad Lane, Wilmington

South East

£1,100,000

Listed on 03/06/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

This property presents a significant development opportunity for the construction of up to nine residential units in a desirable location within Wilmington. Situated on a 0.294-hectare site that previously functioned as a landscape services depot, the area is characterized by several storage buildings organized around a central service yard. This configuration provides a unique chance for complete redevelopment, as planning consent has already been granted for the demolition of existing structures and the construction of six three-bedroom and three two-bedroom homes, alongside necessary parking, landscaping, and refuse/cycle storage facilities. The site benefits from its proximity to reputable educational institutions and leisure amenities, including Birchwood golf club and Bluewater Shopping Centre, making it an appealing option for families looking to settle in a semi-rural environment while remaining well-connected via nearby major roadways including the A2 and M25. Given its past affiliation with Wilmington Hall Farm, this site also carries historical significance that may appeal to prospective buyers interested in preserving local heritage. Investors should note that additional inquiries regarding services on site and potential Community Infrastructure Levy (CIL) obligations are advisable. The freehold sale will allow for vacant possession upon completion, paving the way for immediate commencement of development upon confirmation of all due diligence processes.

Investment Analysis

(DA2 area)
Area Average
£425/sq ft
Avg Rent (weekly)
£432
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£600,000 - £800,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DA2)

Area prices are stable by +2.0% over the last 12 months
3 year growth: +1.7%
5 year growth: +10.2%
Investment Disclaimer: Analysis based on DA2 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

Broad Lane, Wilmington
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,156
Based on a loan of £825,000 over 30 years at 4.45% 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

This calculation uses non-residential (land/commercial) tax rates.

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