Edison Road, Welling, Kent, DA16 1 bed flat for sale

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Edison Road, Welling, Kent, DA16 1 bed flat for sale

Edison Road, Welling, Kent, DA16
£220,000

Price History

Initial price £240,000
22/01/25 £235,000
04/06/25 £220,000
Price Change -8.33%

Description

This charming one-bedroom ground floor flat is offered to the market chain-free and is conveniently located near local schools, shops, and Welling mainline station. The property boasts a spacious 14ft lounge and 7ft kitchen, making it perfect for a first-time buyer or investor. The flat also features double glazing, allocated parking, and access to a communal garden. With an anticipated yield of 7.15%, this property is an excellent investment opportunity. The original lease term is approximately 125 years from 1992, with 93 years remaining, and the current ground rent is £85 per annum. The service charge is approximately £121.43 per month, subject to reviews.