4-bedroom house · DA18 4DB
Listing removedReduced £5k (−4.3%) on 11 SepListed 96 daysAuction 28 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Under The Hammer online auction on Tuesday 28th July 2026. Head over to our website to download the legal pack, register to bid and see more information.
A Vacant Freehold 4 Bedroom Terraced House offering an excellent opportunity for investors, first-time buyers, or owner-occupiers.
Requiring cosmetic refurbishment and modernisation throughout, the property presents an ideal opportunity to add value and create a well-presented family home.
The ground floor accommodation briefly comprises an entrance hallway, fitted kitchen, and a separate WC. To the first floor, the property offers two reception rooms with access to a private balcony.
The second floor comprises two further well-proportioned bedrooms and a family bathroom.
The property would benefit from a programme of cosmetic improvement throughout, providing purchasers with the opportunity to modernise and enhance the accommodation to suit their own requirements.
Externally, the property benefits from a private rear garden.
Situated on Mangold Way in Erith, the property is conveniently located close to a range of local shops, schools, supermarkets, and everyday amenities.
Erith town centre and Riverside Shopping Centre are within easy reach, while excellent transport links include Erith railway station, providing regular services into Central London.
The area also benefits from convenient access to the A2016, A206, and Elizabeth Line connections via nearby Abbey Wood, making it an ideal location for commuters.
Block viewings are available on this property, ensure you've confirmed your attendance on our website before arriving.
viewing days & time Tuesday 21st July 2026: 12pm Saturday 25th July 2026: 12pm Here's what to do next Visit - Our website and view the auction terms.
View - Book a viewing directly through our website. Register - Get registered prior to the auction opening date. Legal Pack - Download and view the legal pack to find out all the relevant information.
Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 111 Mangold Way, 111 Mangold Way, Erith
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