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Dalmeny Road, Erith, DA8

South East

£400,000

Listed on 27/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
925 sqft

Description

This two-bedroom semi-detached bungalow is situated near the sought-after Bexleyheath border, presenting a valuable opportunity for renovation and investment. The property enjoys a convenient location just moments from North Heath Parade and Barnehurst Station (Zone 6), making it ideal for commuters. With no onward chain, it offers immediate availability for those looking to make their mark. The existing structure benefits from off-street parking and a detached garage, which adds to its potential value. Surrounded by residential charm, this area is characterized by its quieter streets and revitalized neighbouring amenities in Erith, including a modern town centre and scenic waterfront along with community events like the annual Erith Riverside Festival. This property is ripe for transformation into a modern home while allowing new owners to partake in the area's growth.

Investment Analysis

(DA8 area)

Above Market Value

This property is priced +7.3% above area average per sq ft

+7.3%
This Property
£432/sq ft
Area Average
£403/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£409,900
10% above area average per sq ft
Potential ROI
-6.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DA8)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -1.0%
5 year growth: +9.7%
Investment Disclaimer: Analysis based on DA8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Dalmeny Road, Erith, DA8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,427
Based on a loan of £300,000 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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