2-bedroom flat · DA8 3FA
For saleListed 125 days
Opportunity summary
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About
RE/MAX SELECT are delighted to offer for sale this immaculate 3rd floor flat situated in the popular "Erith Park Estate" development, close to Erith Riverside shopping centre, and transport links including Erith Station.
This spacious property, finished to a high standard, comprises 2 DOUBLE bedrooms, large open-plan kitchen/dining/living room, and family bathroom.
Further benefits include ALLOCATED PARKING, double glazing, gas central heating, and balcony with views overlooking "The Dell". 40% SHARED OWNERSHIP – £107,400 (full market value £268,500).
Total Internal Area approx: 855.51 sq ft (79.48 sq m). Entrance Hall Carpeted, 2 storage cupboards, radiator.
Open-Plan Kitchen / Dining / Living Room 7.92m x 4.45m (26' 0" x 14' 7") Range of soft-closing wall and base units with complementary worktops and upstands; fitted electric hob, oven/grill, stainless steel extractor hood; stainless steel sink with mixer tap; space and connections fridge/freezer, space and connections for washing machine, 2 radiators, double glazed windows; double glazed door to balcony.
Bedroom 1 4.18m x 3.25m (13' 9" x 10' 8") Carpeted, radiator, double glazed windows. Bedroom 2 4.44m x 3.09m (14' 7" x 10' 2") Carpeted, radiator, double glazed windows.
Family Bathroom 2.64m x 2.26m (8' 8" x 7' 5") Vinyl flooring, part-tiled walls; panelled bath with mixer tap and thermostatic rainfall shower fitting; wash-hand basin and mixer tap; w/c, heated towel-rail, extractor fan.
Allocated Parking Allocated parking; visitor bays available.
Information • 0.5 miles (approx) to Erith Station • Easy access to A2 / M25 • 0.1 miles (approx) to Erith leisure centre • 0.1 miles (approx) to Erith recreation ground • 0.3 miles (approx) to Erith Riverside shopping centre • Council Tax: Band C • Lease: 116 years remaining • Annual service charge: £2,467.13 (To be verified by vendors solicitors)
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Furners Close, Erith, DA8
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