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Block of flats
Bellegrove Road, Welling (Town Centre), London DA16
£2,950,000
Bellegrove Road, Welling (Town Centre), London DA16
£2,950,000
Price History
Initial price | £3,250,000 |
14/04/25 | £2,950,000 |
Price Change | -9.23% |
Description
This newly developed mixed-use property in Welling, London, offers a unique investment opportunity with potential for future value add. The property comprises seven apartments and a Class E commercial unit at ground level, currently occupied by Novo Gym, generating a steady income. With a low capital value of £295 per square foot, the property presents a rare chance to acquire a fully occupied and income-producing asset. The location is highly desirable, with Welling Station just an 8-minute walk away, providing easy access to London Bridge and the City via Southeastern and Elizabeth Line connections. The property's extensive double frontage and 0.15-acre site also offer scope for further development, subject to obtaining necessary planning consents.