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 work3-bedroom semi-detached house · DA8 3DR
For saleReduced £15k (−3.1%) on 9 OctListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** guide price £475,000 - £500,000 ** spacious semi detached home located in a popular cul-de-sac within the ever popular lesney park area presented with no onward chain & within close proximity of schools, north'heath parade & stations.
Key terms 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.
Porch (3' 6" x 7' 6" (1.07m x 2.29m)) Kitchen/Diner (8' 1" x 15' 9" (2.46m x 4.8m)) Lounge/Diner (21' 0" x 13' 9" (6.4m x 4.2m)) WC (3' 8" x 4' 1" (1.12m x 1.24m)) Utility Room (3' 4" x 4' 1" (1.02m x 1.24m)) Study (9' 8" x 4' 4" (2.95m x 1.32m)) Master Bedroom (14' 8" x 14' 0" (4.47m x 4.27m)) Bedroom 2 (12' 1" x 9' 6" (3.68m x 2.9m)) Bedroom 3 (8' 3" x 12' 2" (2.51m x 3.7m)) Wet Room (5' 4" x 9' 3" (1.63m x 2.82m)) Garden Off Street Parking Garage (7' 9" x 15' 1" (2.36m x 4.6m))
Value & comps
No previous sales on record.
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 asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 2A, Mortimer Road, Erith
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