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Beacon Road, Erith

South East

£290,000
Listed on 08/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1176 sqft

Description

This semi-detached three-bedroom house is a promising investment opportunity situated in a well-established residential area. Ideal for both first-time buyers and investors, the property boasts a traditional layout that lends itself well to the rental market while offering significant potential for value enhancement over time. Located conveniently near local amenities, schools, and transport links, including proximity to Erith town centre and railway station, this home is perfectly positioned to cater to the needs of commuters and families alike. The surrounding region is experiencing continued regeneration and infrastructure improvements within the Thames Gateway corridor, further driving demand. This property is freehold with vacant possession, allowing for immediate renovation or rental possibilities. Note that interested buyers should consider consulting an independent mortgage advisor regarding construction or extension works that may impact financing options.

Investment Analysis

(DA8 area)

Below Market Value

This property is priced -39.0% below area average per sq ft

-39.0%
Potential saving
This Property
£247/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£388
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£522,679
10% above area average per sq ft
Potential ROI
+58.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (DA8)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 2.2%
5 year growth: 6.7%
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

Beacon Road, Erith
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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
£1,062
Based on a loan of £217,500 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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