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Manor Road, Erith

South East

£275,000
Listed on 03/05/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
718 sqft

Description

This two-bedroom end of terrace house presents a compelling opportunity for renovation in a desirable location. With spacious rooms and a flexible layout, the property offers an ideal canvas for those looking to update or personalize their living space. Potential buyers will appreciate the opportunity to extend the property (subject to planning permission), which could significantly enhance its value and usability.

From an investment standpoint, this home is situated close to Erith town centre, making it appealing for renters due to nearby amenities and transport links. Historically, properties on this road have generated strong rental yields, making this a sound choice for buy-to-let investors.

The home further benefits from on-street parking and additional privacy as an end-of-terrace unit, along with side access possibilities. Overall, this property possesses genuine renovation potential whether you're aiming to establish your dream home or expand your investment portfolio.

Investment Analysis

(DA8 area)

Below Market Value

This property is priced -4.9% below area average per sq ft

-4.9%
Potential saving
This Property
£383/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
£318,171
10% above area average per sq ft
Potential ROI
+1.0%
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

Manor Road, Erith
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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
£981
Based on a loan of £206,250 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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