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Teviot Close, Welling, Kent DA16 - Image 1
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Teviot Close, Welling, Kent DA16

South East

£400,000

Listed on 05/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
904 sqft

Description

This three-bedroom terraced home presents an excellent opportunity for buyers looking to invest in a substantial renovation project. The property, spanning over two floors, features a generous layout that allows for the creation of modern living spaces tailored to personal preferences. Although it currently requires modernization throughout, its solid structure and ample space can be transformed into an ideal family home or a profitable investment. The interior offers versatile possibilities including the conversion of two reception rooms into a bright, open-plan living area, as well as redesigning the kitchen to become the heart of the home with updated appliances and finishes. The bedrooms are well proportioned, providing comfort and a retreat from urban life. Set on a low-maintenance garden plot with potential for expanding outdoor space or improving parking options (subject to local authority consent), this property is located in a tranquil cul-de-sac within Welling, close to transport links, schools, and amenities. This home is perfect for first-time buyers ready to make their mark or seasoned investors seeking a high-potential renovation project.

Investment Analysis

(DA16 area)

Below Market Value

This property is priced -7.3% below area average per sq ft

-7.3%
Potential saving
This Property
£442/sq ft
Area Average
£477/sq ft
Avg Rent (weekly)
£466
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£474,627
10% above area average per sq ft
Potential ROI
+5.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (DA16)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +3.7%
5 year growth: +13.6%
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

Teviot Close, Welling, Kent DA16
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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
£1,511
Based on a loan of £300,000 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

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