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Oakdene Avenue, Erith, DA8

South East

£520,000

Listed on 09/07/2026

Property details

Bedrooms
3
Type
Semi Detached

Description

This semi-detached family home offers substantial investment opportunities, particularly with potential for extension (subject to planning permission). Conveniently located near Barnehurst station and local amenities, this property is well-positioned for both family living and future capital growth. A recent new roof has already been installed, providing a solid foundation for any renovations you may consider. The surrounding area features a blend of charming Victorian architecture within a residential community, making it an appealing choice for those looking to capitalize on the ongoing development in Erith and Northumberland Heath. With its spacious living areas and off-street parking, this home invites creative renovation ideas that can transform it into your ideal residence or a profitable rental investment.

Investment analysis

(DA8 area)
Area Average
£400/sq ft
Avg Rent (weekly)
£357
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Oakdene Avenue, 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
£1,965
Based on a loan of £390,000 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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