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Heathdene Drive, Belvedere DA17 - Image 1
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Heathdene Drive, Belvedere DA17

South East

£175,000
Listed on 13/05/2026

Property Details

Bedrooms
1
Type
Flat
Area
422 sqft

Description

This one-bedroom flat presents a promising opportunity for investors or first-time homebuyers looking to make their mark in a desirable area. Located in the tranquil residential neighborhood of Belvedere, the property is within easy walking distance to Belvedere Station, which offers reliable Southeastern train services, including quick access to the Elizabeth Line via Abbey Wood. This connectivity enhances its rental appeal and potential resale value. The flat features a straightforward layout comprising a comfortable living room, separate kitchen, double bedroom, and bathroom. Its practical configuration allows for simple updates and renovations, making it an exciting project for those interested in adding value. Additionally, there’s an on-site parking area that adds further convenience. With double glazed windows and gas central heating already installed, the groundwork is in place for a smooth refurbishment process. The flat also benefits from proximity to green spaces and local shopping options along Nuxley Road, which includes supermarkets and independent retailers. The nearby recreation areas offer pleasant outdoor activities, enhancing quality of life. Investors should note that while the current lease has 55 years remaining, exploring lease extension options will be beneficial for future growth potential.

Investment Analysis

(DA17 area)

Below Market Value

This property is priced -0.3% below area average per sq ft

-0.3%
Potential saving
This Property
£415/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£361
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£193,061
10% above area average per sq ft
Potential ROI
-3.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (DA17)

Area prices are stable by -0.4% over the last 12 months
3 year growth: +3.8%
5 year growth: +11.9%
Investment Disclaimer: Analysis based on DA17 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

Heathdene Drive, Belvedere DA17
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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
£624
Based on a loan of £131,250 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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