2-bedroom flat · DA8 1AE
For saleListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Within a convinient distance of Erith Train station is this well presented 2 bed bedroom 3rd floor flat. Nearby to Erith town centre and all amenities.
Key terms Unexpired Lease: 106 years (to be verified by vendor's solicitor). Service Charge: Approx £156 pcm (to be verified by vendor’s solicitor).
(to be verified by vendor's solicitor) Ground Rent: £25 pcm (to be verified by vendor's solicitor). Rent Payable: £382 aprox pcm (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.
Living Room (16' 1" x 11' 3" (4.9m x 3.43m)) Kitchen (10' 8" x 6' 11" (3.25m x 2.1m)) Bedroom 1 (14' 10" x 11' 3" (4.52m x 3.43m)) Bedroom 2 (10' 8" x 10' 7" (3.25m x 3.23m)) Bathroom (7' 5" x 6' 9" (2.26m x 2.06m)) Balcony Parking Allocated bay
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
FAQ
About Flat 26, Wharf House, 1, West Street, Erith
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