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See how verdicts work1-bedroom flat · DA8 3QR
For saleReduced £15k (−8.6%) on 9 OctListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one-bedroom first floor flat is offered **for sale** in Erith and is described as needing modernising, providing an opportunity for buyers wishing to update and personalise a property to their own taste.
The accommodation comprises one reception room, one kitchen, one bedroom and one bathroom, forming a practical layout suited to single occupants or couples.
The property is offered with no ongoing chain, which may appeal to purchasers seeking a more straightforward transaction. It falls within Council Tax Band B.
Situated in Erith, the flat benefits from access to local amenities, including supermarkets, convenience stores and services in and around Erith town centre and the riverside area.
Erith Riverside Shopping Centre offers a range of shops and everyday facilities, while the nearby Thames Path provides pleasant walking routes along the river.
Erith Station is the nearest mainline station, providing services to London Cannon Street and London Bridge, typically in around 35–45 minutes, making the area a viable option for commuters.
Local bus routes connect Erith with neighbouring towns such as Bexleyheath and Dartford, broadening transport options.
The area offers a choice of local schools within a short drive, along with leisure and open spaces including nearby parks and recreation grounds.
Road links via the A206 connect to the wider road network, including access towards the A2 and M25 for travel across south-east London and Kent.
This flat represents a purchase opportunity in a well-connected south-east London location, with scope for improvement subject to the buyer’s preferences.
Tenure - Leasehold EPC Rating - Awaited Council Tax - Band B Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
NHE260113/8 Lounge (5.1m x 3.28m) Kitchen (2.5m x 2.08m) Bedroom (4.14m x 2.72m)
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
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FAQ
About 35, Selkirk Drive, Erith
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