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 work2-bedroom flat · DA8 1TB
For saleReduced £20k (−11.8%) on 20 JunListed 413 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
40% shared ownership property being stair cased to 100% on completion of sale.
Introducing this well-proportioned two-bedroom flat, perfectly positioned to take advantage of excellent public transport links and a host of local amenities.
Ideal for first time buyers or investors, this property offers a prime opportunity to put your own stamp on a spacious home that is ripe for modernisation.
Upon entry, you are greeted with a generous layout featuring a spacious reception room, complemented by access to a private balcony-perfect for unwinding or entertaining guests.
The flat comprises two sizeable bedrooms; the master bedroom benefits from an en-suite, providing a private and convenient arrangement.
The additional double bedroom ensures comfortable accommodation for family members or guests alike.
Benefiting from an Energy Performance Certificate rating of C, and falling within Council Tax Band C, this flat presents an economical choice for long-term living or investment.
The property’s configuration includes a separate kitchen, offering scope for customisation and improvement in line with your preferences.
Its prime location ensures effortless connectivity with nearby public transport options, making commuting easy whether for work or leisure.
Nearby amenities add to the convenience, catering to your everyday essentials and lifestyle needs.
This flat represents a fantastic opportunity for those seeking to enter the property market or expand their investment portfolio.
With its promising potential and sought-after location, early viewing is highly recommended to secure this outstanding prospect.
Don’t miss out on the chance to transform this property into a modern, comfortable home tailored to your taste.
Tenure - Leasehold EPC Rating - C Council Tax - Band C Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
NHE250149/8 Lounge/ Kitchen (6.78m x 3.5m) Bedroom (3.35m x 3m) Bedroom (2.87m x 2.29m)
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 65, Pier Road, Erith
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