2-bedroom flat · DA8 1QR
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoy far-reaching views across the River Thames from this well-proportioned two-bedroom apartment, extending to approximately 784 sq ft (72.8 sq m), with a private balcony and excellent transport connections.
Situated on Wharfside Close, Erith, the property offers a great combination of space, outlook and convenience, making it an appealing purchase for both owner-occupiers and investors.
The standout feature is the generous reception room, enhanced by the building’s curved design and direct access to the private balcony, creating an ideal space to relax or entertain while enjoying the riverside views.
The accommodation comprises two bedrooms, a spacious reception room, separate fitted kitchen, bathroom and entrance hall, with a practical layout and excellent overall living space.
Transport links are a key advantage, with Erith station providing Southeastern services towards London, Dartford and Kent.
Abbey Wood is also accessible via local transport, offering Elizabeth line connections through Canary Wharf and central London, including Liverpool Street, Farringdon and Bond Street.
Erith town centre, Riverside Shopping Centre, local shops and everyday amenities are close by, while the Thames Path and Erith Pier provide attractive options for riverside walks and outdoor leisure.
For investors, the combination of two-bedroom accommodation, a private balcony, far-reaching river views and access to London’s transport network offers strong rental appeal, with potential yields dependent on the purchase price, achievable rent and ongoing ownership costs.
An equally attractive option for first-time buyers and owner-occupiers seeking a spacious apartment with a distinctive riverside outlook.
Early viewing is highly recommended to appreciate the space, outlook and location on offer.
**Please note that any services, heating system or appliances have not been tested, and no warranty can be given or implied as to their working order.
** Leasehold Lease Term: 99 years from 25 March 2002 Service Charge - £2,751.00 pa Ground Rent - tbc
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Wharfside Close, Erith
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