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9 Ely Close, Erith, DA8 2EA - Image 1

9 Ely Close, Erith, DA8 2EA

South East

£175,000

Listed on 06/10/2026

The listing

Property details

Bedrooms
2
Type
Flat

Description

This two-bedroom first floor maisonette offers a unique opportunity for renovation and investment. Benefiting from private access, it features a private section of rear garden and a loft space that is demised to the flat. The property is in need of modernisation, providing a blank canvas for potential buyers to create their ideal living space. Located conveniently near Slade Green Railway Station and local amenities, this maisonette is vacant and ready for a new owner to bring it back to life. The surrounding area offers various local shops, parks, and riverside walks along the Thames, enhancing its appeal for both personal use and rental potential.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

46out of 100
Grade ELow opportunity

Confidence: LOW

This two-bedroom maisonette offers a solid opportunity for buyers looking to invest in a project. With a private garden and potential loft space, there's ample scope to enhance the property's appeal. The home is in need of modernisation, which allows for a fresh vision to create a stylish living space tailored to your preferences.

The asking price of £175,000 is reasonable given the current condition of the property, although the absence of usable floor area means we cannot assess its value against local £/sqf averages just yet. The renovation range of £40,000 to £80,000 suggests a medium-scale project, providing the chance to significantly increase the property's value through improvements.

Key opportunities

  • Private garden space to enhance outdoor living.
  • Potential loft space available for expansion or storage.
  • Scope for modernisation to create a contemporary home.

Key risks

None recorded.

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Map

Location

9 Ely Close, Erith, DA8 2EA
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£661
Based on a loan of £131,250 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.

Tax

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Indicative tax based on the asking price and the options you select.

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