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Carlton Road, Erith, DA8

South East

£525,000
Listed on 20/04/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

This detached bungalow features two bedrooms and offers an excellent opportunity for renovation and investment. With spacious off-street parking available, there is significant potential to extend the property, subject to planning permission. The location is strategically advantageous, being close to Northumberland Heath Parade, local schools, and efficient transport links. Situated in the tranquil area of Northumberland Heath, this residential neighborhood boasts charming Victorian architecture and a quaint village atmosphere. Nearby Erith has experienced a revitalization, enhancing its appeal with a modernized town center and waterfront facilities, including London's longest pier. This area also benefits from community events such as the annual Erith Riverside Festival, making it a desirable place to live. The interior includes a comfortably sized lounge (20'4" x 13'6"), an expansive kitchen dining room (14'9" x 20'8"), two bedrooms (11'6" x 13'6" and 8'5" x 9'5"), and a compact shower room (6'6" x 6'6"). There is potential for updating these spaces to enhance functionality or modern aesthetics. The property also has the added advantage of off-street parking and access to a garage.

Investment Analysis

(DA8 area)
Area Average
£404/sq ft
Avg Rent (weekly)
£387
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DA8)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +0.6%
5 year growth: +8.1%
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

Carlton Road, Erith, DA8
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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
£1,859
Based on a loan of £393,750 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.

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