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Mangold Way, Erith, DA18

South East

£255,000
Listed on 08/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
862 sqft

Description

This four-bedroom terrace home presents an exciting opportunity for investors or cash buyers looking to tap into its potential. Spread across three levels, the property includes a self-contained studio flat and three additional bedrooms, allowing for various living arrangements or rental possibilities. Constructed with concrete materials, it may require a cash purchase due to lending restrictions, so prospective buyers should consult with their financial advisors prior to proceeding. Situated in a residential area close to local amenities and within walking distance of Abbey Wood Station, which connects you conveniently via the Elizabeth Line, this property also benefits from proximity to parks and schools. With thoughtful renovations, this home could transform into an appealing asset in a desirable location.

Investment Analysis

(DA18 area)

Below Market Value

This property is priced -3.8% below area average per sq ft

-3.8%
Potential saving
This Property
£296/sq ft
Area Average
£308/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£291,666
10% above area average per sq ft
Potential ROI
-1.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
17%
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

Mangold Way, Erith, DA18
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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
£934
Based on a loan of £191,250 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE