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Thanet Road, Erith

South East

£400,000

Listed on 16/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1056 sqft

Description

This mid-terrace three-bedroom home, available chain-free, is an ideal opportunity for both homeowners and investors looking to add value through renovation. Spanning approximately 1,065 sq ft, the property features a bay-windowed reception room, a separate dining area, a spacious kitchen, three bedrooms, and a bathroom on the first floor. The flexible layout invites modern updates tailored to personal preferences or investment strategies. With a generously sized south-facing rear garden, there's ample potential for landscaping or creating outdoor entertaining spaces that benefit from all-day sunlight. Conveniently located near local amenities, schools, and transport links—including Erith Station and Abbey Wood Station with its quick connections to Canary Wharf and the City—this property is strategically positioned for growth. Coupled with ongoing regeneration in Erith, this home presents itself as a compelling choice for buy-to-let investors seeking strong rental demand and long-term appreciation. This property serves as an excellent foundation for those looking to renovate or invest in a well-connected area.

Investment Analysis

(DA8 area)

Below Market Value

This property is priced -5.1% below area average per sq ft

-5.1%
Potential saving
This Property
£379/sq ft
Area Average
£399/sq ft
Avg Rent (weekly)
£389
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£463,885
10% above area average per sq ft
Potential ROI
+5.4%
After renovation
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

Thanet Road, Erith
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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
£1,511
Based on a loan of £300,000 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.

Stamp Duty Calculator

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