1-bedroom flat · DA18 4HG
To rentReduced £50 (−3.8%) on 12 OctListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold A bright and generously proportioned one-bedroom second-floor flat, offering approximately 518 sq ft (48.1 sq m) of well-arranged accommodation and ideally positioned for commuters requiring easy access into Central London.
The property comprises a spacious reception room providing plenty of room for both living and dining areas.
There is a separate fitted kitchen with a range of wall and base units, worktop space and room for appliances.
The double bedroom is particularly well proportioned, while the bathroom is fitted with a white three-piece suite with bath and shower attachment.
A separate boiler/storage room provides useful additional space.
The flat benefits from plenty of natural light, neutral décor, wood-effect flooring through the principal rooms and gas central heating. One of the property's biggest advantages is its location.
Abbey Wood Station is approximately 0.6–0.8 miles away, providing access to the Elizabeth line, as well as Southeastern and Thameslink services.
The Elizabeth line provides direct connections towards Canary Wharf, Liverpool Street, Tottenham Court Road, Paddington and Heathrow, making the property particularly appealing to commuters.
Local bus stops are also positioned close to Parkway, providing convenient connections throughout the surrounding area. Tenant Information: Holding Deposit One week’s rent. This reserves the property.
(Note: This deposit is non-refundable if you withdraw, fail a Right-to-Rent check, provide misleading information, or do not sign the tenancy agreement within 15 days unless otherwise agreed.) Security Deposit Rent under £50,000/year: Five weeks’ rent Rent £50,000 or over/year: Six weeks’ rent (Covers damages or defaults during tenancy.) Unpaid Rent Interest charged at 3% above Bank of England base rate after 14 days overdue.
Lost Keys or Security Devices Tenants are responsible for replacement costs. Additional charges of £15/hour (incl. VAT) apply if extra time is required. Contract Variations £50 (incl.
VAT) per agreed change. Change of Sharer £50 (incl. VAT) per replacement tenant or higher if reasonable costs are incurred.
Early Termination Tenants are liable for landlord's re-letting costs and rent until the start date of a new tenancy. Costs will not exceed the total remaining rent on the contract.
Client Money Protection (cmp) ARLA Propertymark Redress Scheme The Property Ombudsman EPC Rating: C Kitchen (3.43m x 2.21m) Reception Room (4.57m x 3.45m) Boiler Room (2.08m x 1.22m) Bathroom (2.08m x 1.98m) Bedroom (3.56m x 3.28m)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 13 Parkway, Erith
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