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Valence Road, Erith, DA8

South East

£392,500

Listed on 03/06/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This semi-detached home offers a promising opportunity for renovation, situated on a tranquil residential street. Featuring three bedrooms, it comes with off-street parking and a manageable garden, making it an appealing choice for first-time buyers. The property is devoid of any onward chain, allowing for a smooth transaction process. Positioned between the charming neighbourhoods of Erith and Northumberland Heath, this house benefits from proximity to Bexleyheath Broadway while being part of a peaceful community that showcases some lovely Victorian architecture. The recent revitalization of Erith’s town centre and its waterfront attraction enhance its investment appeal significantly. The layout includes a spacious lounge and kitchen diner, along with essential amenities that could be updated to maximize comfort and value.

Investment Analysis

(DA8 area)
Area Average
£399/sq ft
Avg Rent (weekly)
£389
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DA8)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -0.3%
5 year growth: +12.1%
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

Valence Road, Erith, DA8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,483
Based on a loan of £294,375 over 30 years at 4.45% 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.

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