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Colyers Lane, Erith DA8

South East

£500,000

Listed on 09/07/2026

Property details

Bedrooms
4
Type
Semi Detached
Area
1229 sqft

Description

Situated on a substantial plot along the popular Colyers Lane, this expansive four-bedroom semi-detached home spans over 1,220 sq ft and presents significant renovation potential. The property features an integral garage and offers generous off-street parking, making it ideal for those seeking storage solutions or considering conversion (subject to planning permissions). The inviting entrance hall leads to a spacious dual-aspect reception room extending over 24ft, providing a bright and versatile space suitable for both family living and entertaining. At the rear, the sizeable kitchen/dining area measures close to 20ft in length and overlooks the impressive garden, encouraging an interactive setting for meal gatherings. The first floor comprises four well-sized bedrooms that offer flexibility for various uses such as children's rooms, guest accommodations, or home offices. The family bathroom is conveniently positioned for easy access. Notably, the rear garden extends approximately 82ft, offering ample outdoor space perfect for family activities or personal projects. With excellent local amenities, schools, and transport links nearby, this property not only provides comfortable living but also exciting opportunities for enhancement and personalization suited to modern families.

Investment analysis

(DA8 area)

Above Market Value

This property is priced +1.8% above area average per sq ft

+1.8%
This Property
£407/sq ft
Area Average
£400/sq ft
Avg Rent (weekly)
£357
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£540,354
10% above area average per sq ft
Potential ROI
-3.5%
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

Colyers Lane, 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
£1,889
Based on a loan of £375,000 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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