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North Cray Road, Bexley

South East

£650,000
Listed on 16/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1399 sqft

Description

Nestled in the sought-after area of North Cray Road, this spacious three-bedroom semi-detached house presents a unique opportunity for those looking to invest in a property with significant renovation potential. Extending over 1,500 sq ft, including a garage, the home features a ground floor extension that enhances the kitchen's functionality, making it perfect for family gatherings. The addition of a separate utility toilet not only adds practicality but also offers scope for further enhancement. At the back, a conservatory serves as an extra living space, ideal for soaking in the views of the expansive garden that directly backs onto the scenic River Cray. This generous outdoor area is perfect for entertaining or simply enjoying peaceful moments outdoors. The property benefits from off-road parking and has excellent potential for further development opportunities, pending necessary planning approvals. Conveniently situated near Bexley Train Station and local amenities, this residence presents both charm and the promise of future improvements—a rare find in today’s market.

Investment Analysis

(DA5 area)

Below Market Value

This property is priced -6.4% below area average per sq ft

-6.4%
Potential saving
This Property
£465/sq ft
Area Average
£497/sq ft
Avg Rent (weekly)
£397
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£764,295
10% above area average per sq ft
Potential ROI
+9.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DA5)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +3.0%
5 year growth: +11.6%
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

North Cray Road, Bexley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,302
Based on a loan of £487,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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