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Basing Drive, Bexley

South East

£475,000

Listed on 07/07/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
819 sqft

Description

This detached bungalow, situated on a generous plot in Bexley, represents a promising investment opportunity for those seeking to modernize and enhance a property. With three well-sized bedrooms, a bright reception room with access to a conservatory, and a functional kitchen and bathroom setup, this home provides a solid foundation for renovation. The expansive outdoor area not only allows for personal customization but also presents potential for development, contingent upon planning approval. Located conveniently near Bexleyheath and Bexley, residents will benefit from excellent public transport links that connect them to the surrounding regions. The property is being sold chain-free, simplifying the acquisition process for eager buyers. This bungalow awaits your vision to transform it into an ideal residence in its desirable location.

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Investment analysis

(DA5 area)

Above Market Value

This property is priced +17.9% above area average per sq ft

+17.9%
This Property
£580/sq ft
Area Average
£492/sq ft
Avg Rent (weekly)
£458
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£443,018
10% above area average per sq ft
Potential ROI
-15.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DA5)

Area prices are stable by -1.7% over the last 12 months
3 year growth: +2.5%
5 year growth: +8.2%
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
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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
£1,794
Based on a loan of £356,250 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

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