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See how verdicts work3-bedroom terraced house · DA8 2DR
Under offerReduced £15k (−5.1%) on 25 OctListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
3 Bedroom Mid Terrace House Price: £295,000 Freehold Chain Free Please contact us to arrange a viewing of this three bedroom Chain Free Mid Terrace house, offering excellent potential for modernisation and refurbishment.
The ground floor comprises a spacious living room and a good sized kitchen.Upstairs, the property benefits from three bedrooms, two good doubles and a single, plus the family bathroom.
To the rear, there is a lean to style conservatory (needs to be rebuilt) providing access to the outside WC and garden.
The approximately 50ft rear garden is fully paved and includes a brick built shed along with rear access.
Conveniently located close to local amenities, the property is within easy reach of schools, shops, and bus routes, and is approximately a 5 minute walk from Slade Green railway station (Zone 6).
The station provides Southeastern and Thameslink services into Central London in around 40 45 minutes.
The property is also just three stops from Abbey Wood railway station, the terminus of the Elizabeth line.
Approximate journey times from Abbey Wood via the Elizabeth Line include:- Canary Wharf 11 minutes Liverpool Street 18 minutes Tottenham Court Road - 23 minutes Paddington 28 minutes This property represents an excellent investment opportunity and has the potential to become a fantastic family home once renovated.
The property falls within the London Borough of Bexley and is in Council Tax Band C. For further information or to arrange a viewing, please get in touch we will be happy to help.
Living Room - 14'5" (4.39m) x 11'7" (3.53m) KItchen - 14'5" (4.39m) x 9'8" (2.95m) Bedroom 1 - 11'5" (3.48m) x 10'1" (3.07m) Bedroom 2 - 9'6" (2.9m) x 8'8" (2.64m) Bedroom 3 - 4'7" (1.4m) x 7'8" (2.34m) Please note: L Shaped Room Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Purchasers must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Identification checks Should a purchaser(s) have an offer accepted on a property marketed by Able Estates, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £48 inc VAT per purchase, which is paid in advance when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
As part of the service, you will be given a 3-month free Lifetime Legal membership, which comes with free legal advice, a standard or mirror Will and Mover Protection.
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
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FAQ
About Howbury Lane, Erith
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