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 work1-bedroom flat · DA8 3FE
No longer listedReduced £5.3k (−7.1%) on 2 SepListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptional opportunity to step onto the property ladder with this beautifully presented one bedroom apartment, available on a 35% shared ownership basis and offering an affordable route into home ownership without compromising on quality, lifestyle, or location.
Set within a modern and well-maintained development, this impressive apartment offers approximately 557 sq ft of bright, contemporary living space, ideal for first-time buyers, young professionals, or anyone looking for a smarter alternative to renting.
The heart of the home is the spacious open plan kitchen and reception room, designed with modern living in mind.
Bright, airy, and versatile, this fantastic space opens directly onto a private balcony, perfect for relaxing, entertaining, or enjoying your morning coffee.
The apartment also benefits from a generous double bedroom with fitted storage, a stylish bathroom, lift access, and secure allocated parking, offering all the practical features buyers increasingly look for.
What makes this property particularly attractive is the shared ownership opportunity itself.
Purchasing a 35% share allows buyers to secure a high-quality home with a significantly lower deposit and mortgage requirement compared to buying outright, making home ownership far more accessible.
For many, this represents the perfect first step onto the property ladder while still enjoying the benefits of owning your own home.
There may also be future potential to increase your ownership share through staircasing, subject to eligibility and provider terms.
Perfectly positioned in Erith, the development enjoys excellent access to both Erith Station and Abbey Wood, with Abbey Wood offering fast connections into Central London via the Elizabeth Line.
Residents also benefit from nearby parks, green spaces, local amenities, and a welcoming community environment.
Properties offering this combination of affordability, modern finish, secure parking, lift access, and excellent transport links are always in strong demand.
Shared Ownership Information: • 35% share available: £77,000 • Full market value: £220,000 • Rent on remaining share: £368.82 pcm • Service charge: £227.18 pcm • Ground rent: £12.50 pcm • Total monthly charges: £608.50 pcm
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
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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
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FAQ
About 35 Beadle Place,, Callender Road, Erith
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