2-bedroom flat
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated along the sought-after Park Crescent in Erith, this charming two-bedroom ground-floor period conversion offers approximately 683 sq.
Ft of accommodation, combining character, generous proportions and a level of practicality rarely found in properties of this nature.
The attractive period façade and impressively high ceilings create an immediate sense of character, complemented by a newly fitted kitchen that brings a contemporary finish to the home.
A spacious reception room provides an inviting setting for relaxing and entertaining, while two well-proportioned bedrooms, a bathroom and useful storage complete the accommodation.
Outside, the property benefits from a private rear garden, offering a welcome space to unwind and enjoy the outdoors, together with a private driveway providing off-street parking for one vehicle.
This combination of private outdoor space and dedicated parking is a particularly appealing feature for a property of this type.
A significant selling point is the freehold tenure, with a brand-new lease to be granted upon completion, offering a distinctive ownership proposition that sets this home apart from many conventional flats.
Combined with the stated low ongoing maintenance costs, this is an opportunity that merits particular attention, subject to the terms of the new lease and confirmation of the precise ownership structure.
Ideally positioned for Erith town centre, local amenities and railway station, the property also benefits from access to Abbey Wood and the Elizabeth line, providing convenient connections across London.
The nearby Thames riverside, Erith Pier and Riverside Gardens further enhance the appeal of this established residential location. Offering period charm, approximately 683 sq.
Ft of accommodation, a private garden, driveway parking and an attractive freehold opportunity, this is a genuinely distinctive home that is rarely available in such a compelling combination.
An early viewing is highly recommended.
Leasehold Lease Length: 99 years from 13th August 1991 - 63 years remaining Ground Rent: £10 pa Service Charge: N/A Bexley Council - Tax Band: B Energy Efficiency Rating: C
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
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FAQ
About Park Crescent, Kent
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