1-bedroom house · DA8 1AL
Listing removedReduced £30k (−12.8%) on 20 JunListed 494 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Don't miss out on this Chain Free 1 Bedroom Freehold House that was built in the 1980's. Once inside, you will find a Lounge / Diner, Fitted Kitchen and a Handy Under stairs Cupboard.
Moving upstairs you will find a Double Bedroom and a clean and tidy Bathroom.
The property also benefits from Double Glazing, Electric Heating, handy outdoor cupboard space, Allocated Parking Space and the benefit of no chain.
The property is very conveniently located and close to Erith Town Centre with its Health Centre, Bus Routes, Bexley College, Morrison Supermarket and the Riverside Shopping Centre which has a good selection of shops plus Erith Train Station (Zone 6) is within easy walking distance and from here you can get into London Bridge in approximately 30 minutes and you are also on the same line and only 2 Stops from Abbey Wood and the amazing Elizabeth Line.
Below are just a few of the journey times from the Elizabeth Line at Abbey Wood:- Canary Wharf 11 minutes. Liverpool Street 18 minutes. Tottenham Court Road 23 minutes. Paddington 28 minutes.
This property will make an ideal 1st time buy or Buy To Let Investment property, so if you have any questions or would like to book a viewing, then please contact us and we will be happy to help.
Additional information Floor Area - 452 sqft (42 sqm) Council Tax Band B (London Borough of Bexley) Lounge / Diner. - 13'0" (3.96m) x 10'6" (3.2m) Kitchen. - 10'0" (3.05m) x 6'6" (1.98m) Bedroom.
- 13'0" (3.96m) x 10'6" (3.2m) nb Measured to widest point. Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Purchasers must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Identification checks Should a purchaser(s) have an offer accepted on a property marketed by Able Estates, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £48 inc VAT per purchase, which is paid in advance when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
As part of the service, you will be given a 3-month free Lifetime Legal membership, which comes with free legal advice, a standard or mirror Will and Mover Protection.
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
FAQ
About 14, Mildred Road, Erith
Explore nearby