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Highfield Avenue, Erith, DA8

South East

£590,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1521 sqft

Description

This three-bedroom semi-detached chalet home, set on a generous corner plot in the desirable Northumberland Heath area of Erith, presents an excellent opportunity for renovation and further development (subject to planning permissions). While already offering a spacious layout across two floors with distinct living and dining areas, the true potential lies in its adaptable spaces, including an expansive open plan kitchen/family room equipped with bi-fold doors that seamlessly integrate indoor and outdoor living. The ground floor also boasts a versatile additional bedroom or reception room that can cater to various family needs. The first floor features two well-proportioned double bedrooms benefiting from eaves storage. The exterior stands out with significant space for extensions or redevelopment, alongside a large double garage that holds promise for conversion into additional living spaces such as an office or gym (STPP). With ample parking available both at the front and rear, this property not only meets current needs but invites creative enhancement for future value appreciation. Its proximity to local amenities, top-rated schools, and transport links to London further underscores its investment potential.

Investment Analysis

(DA8 area)

Below Market Value

This property is priced -3.7% below area average per sq ft

-3.7%
Potential saving
This Property
£388/sq ft
Area Average
£403/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£674,008
10% above area average per sq ft
Potential ROI
+5.3%
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

Highfield Avenue, 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
£2,105
Based on a loan of £442,500 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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