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Colyers Lane, Erith

South East

£525,000

Listed on 20/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1503 sqft

Description

This striking detached family home is nestled on a substantial plot along Colyers Lane, featuring a spacious driveway and an attached garage. Upon entering, you are greeted by a broad central hallway leading to a bright reception room with a large bay window, high ceilings, and a charming fireplace that invites natural light. Adjacent to this is a separate dining room, also equipped with a fireplace, which could easily be repurposed as an additional bedroom due to the generous kitchen space available for dining. The kitchen-diner currently showcases L-shaped units and presents an excellent opportunity for modernization and personalization. With the potential for a rear extension (subject to planning permission), there’s room to create an expansive open-plan area that seamlessly connects the dining space and kitchen while offering views of the garden. Upstairs, this home continues to impress with three spacious bedrooms—an uncommon find—alongside a family bathroom and an additional separate w/c. The loft space offers further development possibilities (subject to planning permission) for those looking to add extra bedrooms. The south-facing garden enjoys sunlight throughout the day and boasts ample space that surrounds the property. The right side of the plot holds promise for further development or extensions. Additionally, there’s potential to incorporate an outbuilding or summer house in the rear garden. This property represents a blank canvas full of opportunities for buyers wishing to add value through renovations or extensions (STPP). With its versatile layout, this home can be transformed into something truly special. The current owners have created many cherished memories here and are now relocating from London. Colyers Lane is well-situated in a family-friendly area with convenient access to local amenities, parks, schools, and nurseries nearby. Erith shopping centre is within walking distance at just 0.8 miles away, offering both boutique shops and larger stores like Morrisons. For more extensive shopping options, Bexleyheath Shopping Centre is just a short journey away. Commuters will appreciate Slade Green Station's proximity (just 0.8 miles), providing easy access into London via the Southeastern Line.

Investment Analysis

(DA8 area)

Below Market Value

This property is priced -13.3% below area average per sq ft

-13.3%
Potential saving
This Property
£349/sq ft
Area Average
£403/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£666,032
10% above area average per sq ft
Potential ROI
+13.9%
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

Colyers Lane, Erith
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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
£1,873
Based on a loan of £393,750 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

Price History

-12.5% since listed
£525,000£50,000(-8.7%)
20/05/2026
Current price
£575,000£24,999(-4.2%)
05/11/2025
£599,999Initial listing
20/10/2025

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