3-bedroom terraced house · DA8 2NB
Listing removedReduced £10k (−2.9%) on 7 FebListed 387 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** guide price £340,000 - £365,000 ** Well located for Slade Green station offering a very versatile space is this terraced family home which benefits from 2 reception rooms, conservatory and loft room.
Key terms Erith & Northumberland Heath are adjacent neighbourhoods enjoying close proximity to Bexley borough’s main thoroughfare, Bexleyheath Broadway.
Firmly residential, Northumberland Heath is a quiet enclave with some charming Victorian properties and a small village-like centre.
Erith is a larger town that has undergone rejuvenation in recent years, with a revamped town centre, a waterfront setting (home to London’s longest pier) and an ambitious house building programme.
Don’t miss the annual Erith Riverside Festival.
Reception Room (10' 7" x 16' 6" (3.23m x 5.03m)) Dining Room (14' 0" x 10' 3" (4.27m x 3.12m)) Kitchen (9' 2" x 5' 8" (2.8m x 1.73m)) Utility Area (2' 7" x 7' 2" (0.79m x 2.18m)) Bathroom (6' 9" x 5' 7" (2.06m x 1.7m)) Conservatory (7' 6" x 12' 4" (2.29m x 3.76m)) Bedroom 1 (10' 1" x 12' 4" (3.07m x 3.76m)) Bedroom 2 (5' 9" x 6' 8" (1.75m x 2.03m)) Bedroom 3 (8' 0" x 9' 8" (2.44m x 2.95m)) Loft Room (11' 0" x 14' 2" (3.35m x 4.32m)) Garden Outbuilding (9' 2" x 13' 9" (2.8m x 4.2m))
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.
Area
Agent & docs
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FAQ
About 249, Hazel Road, Erith
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