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Oakdene Avenue, Erith, DA8 - Image 1
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Oakdene Avenue, Erith, DA8

South East

£425,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
676 sqft

Description

This chain-free semi-detached bungalow offers substantial potential for renovation and expansion (subject to planning permission). With its current configuration featuring a hall, lounge, kitchen, three bedrooms, and a shower room, the property is well-positioned for those looking to create a modern family home or an investment opportunity. The secluded rear garden includes a paved seating area and provides side access, alongside off-street parking for one vehicle and a garage. Located conveniently within walking distance to local shops as well as Erith and Barnehurst stations, this property is ideal for accessing commuter routes and local amenities. With double-glazed windows, gas central heating, and air conditioning in the lounge already installed, this home is equipped with some modern comforts while still needing updates throughout.

Investment Analysis

(DA8 area)

Above Market Value

This property is priced +55.5% above area average per sq ft

+55.5%
This Property
£629/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£383
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£300,600
10% above area average per sq ft
Potential ROI
-35.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (DA8)

Area prices are rising by +4.4% over the last 12 months
3 year growth: +1.3%
5 year growth: +6.3%
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

Oakdene Avenue, Erith, DA8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% 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.

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