Northdown Road, Welling, DA16

At £350,000, this three-bedroom semi is priced 15% below the local average per square foot, making the asking price a genuine acquisition opportunity. It is a weak overall WHOTS opportunity, though: the £55,000–£95,000 renovation range puts the purchase plus midpoint works at £425,000, slightly above the implied current local average value. That comparison is not a renovated GDV, but it does underline the importance of controlling the project budget.

The appeal is the scope to reshape a full renovation into a tailored home: the dated kitchen and bathroom, worn finishes and peeling surfaces offer a clear brief, while the overgrown rear garden is a substantial landscaping canvas. Off-street parking and the garage/car lean-to add useful flexibility. The listing states there is no central heating, so installation and service requirements need checking; visible views do not show obvious major roof failure. This is being sold by the Modern Method of Auction, and bidding can take the hammer above the guide, so the eventual price may not stay this cheap.