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See how verdicts work1-bedroom flat · DA8 2FT
No longer listedListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £210,000 - £220,000. A Ground Floor One Bedroom Flat With A Private Balcony Guide price £210,000 - £220,000.
A ground floor one bedroom flat with a private balcony, parking, and an easy commute for London. Watch the video tour.
Offering approximately 644 sq ft of internal accommodation, this impressive apartment provides a fantastic amount of living space for a one bedroom property and is presented in excellent condition throughout.
The accommodation begins with a welcoming entrance hall which provides access to the principal rooms and benefits from multiple useful storage cupboards, helping to keep the apartment both practical and clutter free.
At the heart of the property is the impressive open plan lounge/kitchen/diner, measuring approximately 30' x 11'3".
The generous proportions provide plenty of space for both comfortable seating and dining, whilst the modern fitted kitchen is positioned at the far end of the room, creating a bright and sociable living environment.
The apartment further benefits from a large double bedroom, measuring approximately 15' x 10', which also enjoys fitted wardrobe space and direct access onto the property's private balcony.
The balcony provides a fantastic additional outdoor space and is ideal for enjoying a morning coffee or relaxing during the warmer months.
Completing the accommodation is a modern shower room, along with further storage provided throughout the apartment.
This flat is also built for disability, with wider doors, lower light switches and higher plug sockets.
You also get an allocated parking space which is big enough for 2 cars plus plenty of visitor parking spaces for guests. Location wise, it ticks the boxes for commuters and convenience.
Slade Green Station is around 0.6 miles away (under 15 minutes on foot), and from there it’s three stops to Abbey Wood for the Elizabeth Line.
For shopping, Erith Riverside Shopping Centre is around 0.7 miles away, with Morrisons and other day-to-day essentials close by.
This is a great home for a first time buyer, buy to let investor or someone downsizing.
If you want a modern ground floor flat with a balcony, parking and strong links into London, get in touch to book your viewing. For room sizes and layout information - please refer to floor plan.
Additional information - Tenure: Leasehold. Leasehold information: Lease term remaining: 120 Years approx. Service charge: £1450 per annum - . Ground rent: £144 per annum.
Council tax: Bexley Council - Band B commuting: Slade Green Station - 0.6 Miles (approx 14 mins walk). Erith Station - 0.8 Miles (approx 19 mins walk).
Shopping: Local Shops for Essentials - Under 10 Mins Walk (Tesco Express or Budgens).
Erith Riverside Shopping Centre - 0.7 Miles (approx 16 mins walk) - Providing an array of shops, restaurants and businesses to include Morrisons Supermarket.
Anti money laundering procedure: Once your offer is agreed, we carry out a quick id & aml check through our secure system. The fee is £60 per buyer.
It is a standard compliance step and we do it for every purchaser so that the seller knows all parties are properly verified. Once done, we can mark the property as sstc and move everything forward.
Disclaimer: Please Note: All measurements are approximate and are taken at the widest points. They should not be used for the purchase of furnishings, floor coverings etc.
Please also note that The Property Cloud have not seen any paperwork relating to any building works that may have been carried out within this property, nor have we tried or tested any appliances or services.
These particulars do not form part of any contract. Floor plans, Videos & Photographs, whether enhanced or not, are for general guidance only.
Whilst we do attempt to ensure the accuracy of these particulars, we would strongly recommend that the information which we provide about the property, including material information, overall square footage, distances, leasehold information or guidance on rental values for example, are verified by yourselves upon inspection and also by your solicitor before legal commitment to the purchase.
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.
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About Flat 2, Cinnabar Court, Erith
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