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Lincoln Road, Erith, DA8

South East

£360,000
Listed on 16/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
856 sqft

Description

This three-bedroom semi-detached house is located on a well-regarded residential street, making it an appealing option for those looking to invest in a property with substantial potential. The home features a comfortable front reception area, an open-plan kitchen and dining space, as well as a wet room on the ground floor. Upstairs are three bedrooms accompanied by a family bathroom, providing ample accommodation for a family or rental opportunity. While the property offers a solid foundation, some areas require modernisation, including the non-operational boiler that will need addressing. The garden at the rear is spacious and low-maintenance, perfect for families or those wishing to create an outdoor retreat. Convenience is enhanced by off-street parking and proximity to Slade Green Mainline Station, just 0.3 miles away, offering direct routes into Central London. The A2 and M25 motorways are easily accessible as well. This location also benefits from nearby schools with good Ofsted ratings and is within reach of four grammar schools in Bexley Borough, making it suitable for families. Overall, this property presents a good opportunity for buyers looking to add value through renovations in a desirable area.

Investment Analysis

(DA8 area)

Above Market Value

This property is priced +3.8% above area average per sq ft

+3.8%
This Property
£421/sq ft
Area Average
£405/sq ft
Avg Rent (weekly)
£384
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£381,489
10% above area average per sq ft
Potential ROI
-4.6%
After renovation
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

Lincoln 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
£1,319
Based on a loan of £270,000 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