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Swanton Road, Erith

South East

£425,000

Listed on 30/06/2026

Property details

Bedrooms
3
Type
House
Area
1066 sqft

Description

This property, situated on a sought-after street bordering Bexleyheath and Erith, presents an exciting opportunity for those looking to invest in a renovation project. Just a short stroll from The Pantiles and Nuxley Village, it benefits from a variety of shops, dining options, reputable schools, and strong transport links including the Superloop to Abbey Wood / Elizabeth Line. The residence is currently in need of complete modernisation but boasts significant potential for expansion (subject to planning approval) or refurbishment to create a comfortable family home. The layout comprises an entrance hall, a spacious reception room, lean-to extension, and kitchen on the ground floor. Upstairs, there are three bedrooms alongside a family bathroom. Outside, the property features a sizable secluded rear garden along with a front garden that could accommodate off-street parking if developed further. Additional highlights include double glazing and gas central heating. This is an ideal canvas for buyers seeking to add value through thoughtful upgrades.

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Investment analysis

(DA8 area)

Below Market Value

This property is priced -0.3% below area average per sq ft

-0.3%
Potential saving
This Property
£399/sq ft
Area Average
£400/sq ft
Avg Rent (weekly)
£357
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£468,688
10% above area average per sq ft
Potential ROI
-7.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DA8)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -1.0%
5 year growth: +10.7%
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

Swanton 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
£1,606
Based on a loan of £318,750 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

Next Steps

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