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Stevenson Close, Erith - Image 1
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Stevenson Close, Erith

South East

£432,000

Listed on 16/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
890 sqft

Features

  • Garage
  • Garden
  • Parking

Description

Set within a residential close in Erith, this three-bedroom semi-detached house has a separate reception and dining room, a fitted kitchen and a family bathroom. The accommodation is arranged over two floors, with three bedrooms upstairs. The listing describes the rear garden as generous and notes a private driveway and garage. The property is offered chain free and is presented as having scope for modernisation. The listing also identifies possible rear and side extension potential, subject to planning permission and other necessary checks. Nearby amenities include local shops and schools, with Slade Green railway station within reach for services towards central London. The home is freehold and falls within Council Tax Band C. The energy rating is listed as TBC.

WHOTS analysis

Our WHOTS verdict

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

41out of 100
Grade ELow opportunity

Confidence: MEDIUM

This is a usable three-bedroom home with a generous garden, driveway and garage, offering a light modernisation project rather than a major overhaul. Dated finishes across the interior and an older, functional kitchen and bathroom give scope for redecoration and selective updating; the garden could also be improved, while any extension would depend on planning permission.

The main drawback is the price: at £432,000, the asking figure is about 18% above the local £/sqf average. Once a mid-to-substantial programme of improvements is allowed for, the purchase and works costs look stretched against local benchmarks for this floor area; that comparison is not a forecast of the value after renovation. The sound-looking exterior and practical family layout are positives, but the weak price and economics make this a low-opportunity project at the current ask.

Key opportunities

  • Refresh dated wallpaper, paint and flooring across the usable interior.
  • Improve the substantial rear garden, including its patchy lawn and worn paving.
  • Explore the stated rear or side extension potential, subject to planning permission.

Key risks

  • At the current asking price, adding a programme of improvements leaves the overall outlay stretched against local benchmarks for this floor area.
  • Headroom after works looks limited once the asking price and a mid-to-substantial refurb are combined, leaving a gap of around 18% versus area norms for this sqft; we have not assumed a post-renovation resale figure.

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Map

Location

Stevenson Close, Erith
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Transport

Nearest stations

  • Slade Green Rail Station

    0.5 miles

    Train · Slade Green

  • Erith Rail Station

    1.1 miles

    Train · Erith

  • Barnehurst Rail Station

    1.7 miles

    Train · Barnehurst

  • Purfleet Rail Station

    1.8 miles

    Train · Purfleet

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£1,765
Based on a loan of £324,000 over 30 years at 5.13% 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

Stamp duty calculator

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

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