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Avenue Road, Erith

South East

£580,000
Listed on 15/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1010 sqft

Description

Situated in a desirable residential area of Erith, this detached family home offers an intriguing opportunity for those with an eye for renovation and future development. With a well-maintained interior that boasts a comfortable 'move-in' appeal, this property also opens the door to extensive enhancement possibilities, subject to the necessary planning approvals. The home occupies a generous plot and features approximately 1,010 sq ft of living space, providing ample room for families to grow and enjoy. The ground floor layout includes spacious living and dining areas that overlook the rear garden, complemented by a separate kitchen and a convenient cloakroom. Upstairs, three inviting bedrooms are served by a family bathroom, making it practical for family life. Externally, the property features a sizeable private driveway accommodating up to four vehicles—a sought-after feature in today's market. The expansive rear garden is particularly noteworthy; its multiple sections offer opportunities for landscaping or outdoor entertaining while providing a peaceful retreat from urban life. This substantial outdoor space not only enhances daily living but also presents considerable potential for extensions or modifications to expand the property's footprint. With excellent transport links via various nearby stations and easy access to local amenities including shops and schools, this area continues to attract families looking for both community and convenience. The evolving nature of Erith further enhances the investment appeal of this property as it remains one of the few detached homes available with such significant outdoor space and renovation potential. Whether you're looking to personalize your new home or capitalize on its future value through expansion, this residence provides an exciting canvas for homeowners and investors alike.

Investment Analysis

(DA8 area)

Above Market Value

This property is priced +42.5% above area average per sq ft

+42.5%
This Property
£574/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
£447,566
10% above area average per sq ft
Potential ROI
-29.0%
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

Avenue 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
£2,069
Based on a loan of £435,000 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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