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
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Coming to the market is this one double bedroom 4th floor flat within convenient distance of Slade Green parade, schools and Zone 6 station with access to Abbey Wood's Elizabeth line.
Key terms Lease Term: 250 years from and including 01/01/2021 (to be verified by vendor's solicitor) Unexpired Lease: 244 years remaining (to be verified by vendor's solicitor) Service Charge: Tbc (to be verified by vendor's solicitor) Ground Rent: Tbc (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.
Lounge/Kitchen/Diner (14' 6" x 14' 9" (4.42m x 4.5m)) Bedroom (9' 9" x 10' 9" (2.97m x 3.28m)) Bathroom (5' 9" x 6' 6" (1.75m x 1.98m)) Balcony (6' 2" x 9' 2" (1.88m x 2.8m)) Residents Parking Allocated parking space
Value & comps
No previous sales on record.
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 asking
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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
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FAQ
About Arthur Street, Erith
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