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Nurstead Road, Erith, DA8

South East

£425,000
Listed on 05/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house presents a unique opportunity for renovation and investment, offering significant potential for extension and modernization. Currently available with no onward chain, this property is an ideal candidate for those looking to make their mark. Situated near Belmont Primary School and conveniently located on the borders of Erith and Bexleyheath, the property benefits from its proximity to local amenities and transport links. Northumberland Heath is characterized by its peaceful residential atmosphere, featuring a mix of charming Victorian homes and a small village center that fosters a sense of community. Erith, known for its ongoing revitalization efforts, boasts a newly enhanced town center and scenic waterfront with London’s longest pier. Residents can also enjoy local events such as the annual Erith Riverside Festival. Inside, the home includes a spacious lounge measuring 25' x 11'4", providing ample room for relaxation or entertainment. The kitchen, at 11'5" x 8'9", offers practical space for cooking, while three bedrooms—two generously sized (11'5" x 13'0" and 11'5" x 11'5") alongside a smaller third bedroom (6'4" x 7'2")—provide flexibility for family living or guest accommodations. A separate bathroom adds convenience to the layout. Additional features include off-street parking via a driveway, an expansive garage measuring 28'5" x 7'8", which offers extra storage or potential workspace, and a garden that presents an open canvas for landscaping and personal outdoor enhancements. With its strategic location and existing footprint, this property not only holds immediate appeal but also promises future value appreciation through thoughtful renovations. It’s an opportunity not to be overlooked by investors or those seeking to create their ideal family home in a growing area.

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 - £50,000
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

Nurstead 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
£1,557
Based on a loan of £318,750 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