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Northumberland Way, Erith, DA8

South East

£315,000
Listed on 30/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced home on Northumberland Way presents an excellent opportunity for renovation, appealing to first-time buyers, families, and investors alike. The property includes two generous reception rooms, a kitchen, and a bathroom, offering a functional layout that can be adapted to suit individual tastes or rental goals. The accommodation comprises two double bedrooms and one single bedroom, catering well to diverse living arrangements. A garden enhances the potential for outdoor enjoyment or further landscaping projects. With an EPC rating of D and council tax band C, this house requires refurbishment, enabling the new owner to personalize the living space according to their vision. Situated in a residential area within Erith, convenient access to public transport is a significant advantage; Erith railway station is nearby with services taking approximately 40 minutes to reach central London. Local amenities including shops and schools are within walking distance, adding to the property's attractiveness as a family home or rental investment. Additionally, Northumberland Heath Recreation Ground provides green space for recreational activities. This property not only offers the potential for customization but also resides in a well-connected community with ample local facilities.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Northumberland Way, 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
£1,154
Based on a loan of £236,250 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