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111 Mangold Way, Erith, DA18 4DB

South East

£175,000
Listed on 24/04/2026

Property Details

Bedrooms
4
Type
Terraced
Area
973 sqft

Description

This freehold terrace house presents a valuable opportunity for investors or homeowners seeking a renovation project. Located off Alsike Road, the property is conveniently positioned near local shopping amenities and Abbey Wood Train Station, providing easy access to the Elizabeth Line. The three-storey layout includes four bedrooms and a bathroom on the top floor, while the first floor features a spacious living room and an additional bedroom. The ground floor consists of an entrance hall and kitchen, offering a blank canvas for modernisation. Further accentuated by a rear garden and balcony, this house offers extensive potential for enhancement or reconfiguration to suit contemporary living standards. With vacant possession available, you can get started on your plans right away.

Investment Analysis

(DA18 area)

Below Market Value

This property is priced -40.9% below area average per sq ft

-40.9%
Potential saving
This Property
£180/sq ft
Area Average
£304/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£325,692
10% above area average per sq ft
Potential ROI
+51.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
53%
Properties sold annually
Investment Disclaimer: Analysis based on DA18 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

111 Mangold Way, Erith, DA18 4DB
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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
£620
Based on a loan of £131,250 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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