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Iris Avenue, Bexley, DA5 - Image 1
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Iris Avenue, Bexley, DA5

South East

£500,000
Listed on 08/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
918 sqft

Description

Situated on the borders of Bexley and Bexleyheath, this three-bedroom semi-detached residence presents a compelling opportunity for buyers interested in renovation. While the property has been maintained over the years, its interiors reflect a more traditional style, allowing new owners to reimagine and enhance the space according to their preferences. The layout features a luminous lounge, a dining area, a kitchen, three well-proportioned bedrooms, and a family bathroom. Outdoors, the sizable rear garden is complemented by additional side space that offers excellent possibilities for extensions (subject to planning permission). This home is conveniently located near reputable schools, shopping facilities, and various transport options, making it an appealing option for families eager to establish themselves in a vibrant community. Bexley and Bexleyheath are known for their suburban charm combined with robust transport links, perfect for commuting into London. With open green spaces and local amenities nearby, this property not only promises potential but also an enjoyable living environment.

Investment Analysis

(DA5 area)

Above Market Value

This property is priced +9.1% above area average per sq ft

+9.1%
This Property
£545/sq ft
Area Average
£499/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£504,345
10% above area average per sq ft
Potential ROI
-6.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (DA5)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 3.8%
5 year growth: 19.0%
Investment Disclaimer: Analysis based on DA5 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

Iris Avenue, Bexley, DA5
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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
£1,832
Based on a loan of £375,000 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