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 3FE
For saleReduced £1.8k (−1.9%) on 20 OctListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned within the highly regarded Erith Park development on Callender Road, this impressive two-bedroom apartment is now available on a 35% Shared Ownership basis for £92,750, offering an excellent opportunity to secure a substantial and stylish modern home at a significantly lower initial purchase price.
The additional monthly charge of £669.36 includes rent, ground rent and service charge, providing a straightforward way to step onto the property ladder while enjoying all the benefits this impressive apartment and development have to offer.
From the moment you step inside, there is an immediate sense of space.
The generous entrance hall leads through to the heart of the property, where an impressive open-plan kitchen and reception room creates a natural setting for modern living.
Whether it is a quiet morning coffee, dinner with friends or simply putting your feet up at the end of the day, the layout is designed around how people actually live today.
The kitchen sits seamlessly within the wider living space, while the reception area offers plenty of flexibility for dining, relaxing and entertaining.
The real lifestyle feature, however, is the private terrace.
Substantial enough to furnish and genuinely usable, it provides a rare extension of the living space and somewhere to enjoy the outdoors without having to leave home.
Open the doors in the warmer months and the apartment takes on an entirely different feel, making this an especially attractive proposition for buyers who value their own private outdoor space.
Both bedrooms are generously proportioned, with the principal bedroom offering an impressive sense of scale and the second bedroom providing excellent flexibility.
Whether required as a home office, nursery, guest bedroom or simply somewhere to accommodate family and friends, there is a versatility here that many modern apartments struggle to offer.
A well-presented bathroom and useful storage complete the accommodation.
Erith Park itself provides an established and contemporary residential setting, with landscaped surroundings, open spaces and a strong sense of community.
The development is particularly well placed for those wanting the convenience of modern living without being removed from everyday amenities.
Local shops and supermarkets are within easy reach, while Erith town centre provides a wider selection of shops, cafés and services.
For leisure, the surrounding area offers parks, open spaces and access towards the River Thames and Erith Riverside, giving residents plenty of options when it comes to enjoying the outdoors.
For families, the location is particularly appealing.
Peareswood Primary School is just a short distance away, with St Paul's (Slade Green) Church of England Primary School, Haberdashers' Slade Green Primary and Christ Church (Erith) CofE Primary School also nearby.
Leigh Academy Bexley provides a local secondary option, making the area well suited to buyers looking to remain close to a range of educational facilities. Commuters are equally well catered for.
Slade Green Station is approximately 0.6 miles away, with Erith Station also within easy reach, providing regular rail connections towards London.
The real advantage, however, is the proximity to Abbey Wood and the Elizabeth line.
From Abbey Wood, residents have direct access across London towards Canary Wharf, Liverpool Street, Farringdon and the West End, with onward connections towards Heathrow and Reading, bringing a whole new level of connectivity to this part of South East London.
Ultimately, this is an apartment that offers much more than simply two bedrooms.
With a 35% share available for £92,750, an impressive private terrace, generous accommodation and a highly convenient location, it represents an attractive opportunity for buyers looking to take their first step onto the property ladder without compromising on space, lifestyle or modern living.
Shared Ownership: 35% Share Purchase Price: £92,750 Additional Monthly Charge: £669.36 including Rent, Ground Rent and Service Charge Full Property Value: £265,000 Tenure: Leasehold Lease Length: 125 years from 1st April 2014 (113 years remaining) Service Charge - £2,400 pa Ground Rent - £150 pa London Borough of Bexley - Council Tax Band - C Energy Performance Rating - C
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
.png)
FAQ
About 30 Beadle Place,, Callender Road, Erith
Explore nearby