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 2EH
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property TWO BEDROOM 1ST FLOOR FLAT | SPACIOUS LOUNGE/KITCHEN | ALLOCATED PARKING Offers in the Region of £270,000 Viewing is highly recommended.
Visit PURPLEBRICKS.CO.UK 24/7 to book viewing and ensure you download the Purplebricks App!! Looking for a home that offers practical living and a little extra convenience?
This two-bedroom flat at Amethyst Court, Rainbow Road, Erith, features two bathrooms and offers an opportunity to make a home of your own in a well-connected location.
Offering an open plan lounge pen plan kitchen/lounge/dining space. two bedrooms provide flexibility for everyday living, with a bathroom and en suite shower in the main bedroom.
Located in Erith, the property offers a base from which to explore the local shops, amenities and transport links.
Whether you're buying your first home, looking for a place to downsize or considering a property investment, this flat is worth exploring further. Visit PURPLEBRICKS.CO.UK 24/7 to book viewing today!
Amethyst Court is conveniently positioned for everyday shopping, local amenities and transport links in the Slade Green area of Erith.
Slade Green railway station is a short walk away, with Thameslink lines providing access London Bridge in approx. 36 minutes, Erith railway station is also close by.
Local bus stops on Slade Green Road, Grange Way and Bilton Road offer additional connections around the area.
The property overlooks a large park with play area for young children, here you can get as much fresh air as you need and much bigger than any garden.
Property ownership information Ground rent review period: No review period Service charge review period: Every 1 year Lease end date: 24/06/2138 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
FAQ
About Rainbow Road, Erith, DA8
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