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Mangold Way, Erith, DA18 - Image 1
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Mangold Way, Erith, DA18

South East

£230,000
Listed on 20/11/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This cash-only purchase opportunity presents a four-bedroom property in need of significant modernisation, making it an appealing prospect for savvy investors seeking strong rental yields. Located within a short distance from Abbey Wood Station, this property is positioned to attract long-term tenants, enhancing its investment viability. The absence of a chain provides a smoother acquisition process for buyers looking to swiftly capitalise on the potential of this concrete constructed home. With thoughtful refurbishments, there is considerable scope to enhance the property's appeal and functionality.

Investment Analysis

(DA18 area)
Area Average
£308/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
17%
Properties sold annually
Investment Disclaimer: Analysis based on DA18 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

Mangold Way, Erith, DA18
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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
£843
Based on a loan of £172,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE