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Holly Hill Road, Erith, DA8 - Image 1
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Holly Hill Road, Erith, DA8

South East

£280,000
Listed on 01/06/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This semi-detached bungalow features two spacious double bedrooms and an additional loft room, presenting a unique opportunity for renovation and personal customization. With no onward chain, this property is ideal for buyers looking to invest in a project that can unlock its full potential. The layout includes a comfortable lounge measuring 10'2" x 13'7", perfect for relaxation or entertaining. The kitchen, sized at 8'6" x 12'0", provides a blank canvas for those looking to create their dream culinary space. Both bedrooms offer ample size—one at 10'0" x 8'7" and the other at 8'8" x 12'0"—enabling versatile use as guest rooms, home offices, or children's spaces. The bathroom measures 5'4" x 8'6", providing essential amenities while still allowing for modernization. One of the standout features of this property is the loft room, measuring 15'2" x 9'7", which offers additional living space that can be transformed into a bedroom, office, or creative studio. The potential for expansion and enhancement throughout the home is significant. Located in the tranquil neighbourhoods of Erith and Northumberland Heath, the property benefits from proximity to local amenities and transportation links. Northumberland Heath's charming village-like atmosphere complements its residential appeal, while Erith has seen substantial revitalization with improvements to its town centre and waterfront area. This community hosts events like the annual Erith Riverside Festival, contributing to a vibrant local culture. For investors or those seeking to create their ideal home environment, this bungalow offers not only comfortable living but also significant potential for growth through renovations.

Investment Analysis

(DA8 area)
Area Average
£405/sq ft
Avg Rent (weekly)
£384
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DA8)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 3.8%
5 year growth: 10.0%
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

Holly Hill Road, Erith, DA8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,026
Based on a loan of £210,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE