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Lesney Park, Erith, DA8

South East

£475,000
Listed on 30/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1124 sqft

Description

This semi-detached three-bedroom house, located in the desirable Lesney Park neighborhood of Erith, offers a promising investment opportunity for buyers interested in renovation. With a long history in the same family, this traditional home is equipped with the potential for thoughtful updates and modernization to transform it into a dream residence. The ground floor features a conventional layout, comprising two generously sized reception rooms ideal for both formal dining and casual gatherings. The galley kitchen at the rear opens directly onto the garden, making it an attractive space for reimagining. On the first floor, you'll find two ample double bedrooms alongside a smaller third room suitable as an office or nursery. A family bathroom rounds out this level. While both the kitchen and bathroom are in need of modernization, the property essentially serves as a blank slate for those keen on updating. Moreover, there is significant potential to expand the living space further through extensions (subject to local planning permissions). Outside, a tiered garden features a paved area perfect for outdoor seating that descends to a lawn adorned with mature flowerbeds. Additionally, there is a lean-to garage on the side of the property that offers valuable storage or workshop capabilities. Overall, this house presents an exciting chance for buyers looking to invest in property revitalization within a sought-after locale.

Investment Analysis

(DA8 area)

Above Market Value

This property is priced +4.9% above area average per sq ft

+4.9%
This Property
£423/sq ft
Area Average
£403/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£498,084
10% above area average per sq ft
Potential ROI
-3.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DA8)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -1.0%
5 year growth: +9.7%
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

Lesney Park, Erith, DA8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,695
Based on a loan of £356,250 over 30 years at 3.97% 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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