We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · DA8 3FE
For saleReduced £10k (−4.5%) on 27 OctListed 281 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** GUIDE PRICE £230,000 - £240,000 ** Well presented GROUND FLOOR flat being conveniently located for ERITH ZONE 6 TRAIN STATION, with links to Abbey Wood's, ERITH TOWN CENTRE and SCHOOLS.
An IDEAL FIRST TIME/INVESTMENT PURCHASE with the added BENEFITS of OPEN PLAN LIVING & BALCONY.
Key Terms Lease Term: 125 Years from 01/04/2014 (to be verified by vendor's solicitor) Unexpired lease: 113 Years remaining (to be verified by vendor's solicitor) Service Charge: £199.61 PCM inc.
ground rent (to be verified by vendor's solicitor) Erith & Northumberland Heath are adjacent neighbourhoods enjoying close proximity to Bexley borough’s main thoroughfare, Bexleyheath Broadway.
Firmly residential, Northumberland Heath is a quiet enclave with some charming Victorian properties and a small village-like centre.
Erith is a larger town that has undergone rejuvenation in recent years, with a revamped town centre, a waterfront setting (home to London’s longest pier) and an ambitious house building programme.
Don’t miss the annual Erith Riverside Festival.
Kitchen/Dining Room 13' 10" x 23' 10" (4.22m x 7.26m) Bedroom 9' 0" x 17' 2" (2.74m x 5.23m) Bathroom 6' 5" x 9' 1" (1.96m x 2.77m) Terrace/Balcony 8' 6" x 8' 6" (2.6m x 2.6m)
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.
Short-let restrictions apply
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
Agent & docs
FAQ
About Beadle Place, Callender Road, Erith, DA8
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