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Hawthorn Place, Erith DA8 - Image 1
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Hawthorn Place, Erith DA8

South East

£199,990
Listed on 18/04/2026

Property Details

Bedrooms
2
Type
Maisonette
Area
713 sqft

Description

This split-level maisonette, located in a quiet development of Erith, presents an enticing opportunity for those looking to invest in renovations. Spanning approximately 713sqft, the property features a spacious through-lounge on the first floor with ample room for dining and access to a Juliet balcony, bathing the space in natural light. The kitchen requires refurbishment, allowing buyers to redesign it according to their preferences. The second floor hosts two sizable double bedrooms along with a family bathroom that includes a separate w/c and plenty of storage off the landing. While the apartment could benefit from modernisation throughout, it holds significant potential for value enhancement. Other advantages include electric heating, double glazing, a long lease, and resident parking—all being sold chain free. The location also offers convenience with local shops and eateries nearby as well as proximity to Erith’s Riverside shopping centre and transport links to London. A solid option for those seeking a property that can be tailored into a stunning home over time.

Investment Analysis

(DA8 area)

Below Market Value

This property is priced -30.6% below area average per sq ft

-30.6%
Potential saving
This Property
£280/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£387
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£316,857
10% above area average per sq ft
Potential ROI
+40.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DA8)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +0.6%
5 year growth: +8.1%
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

Hawthorn Place, Erith DA8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£708
Based on a loan of £149,992 over 30 years at 3.91% 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

Price History

-16.7% since listed
£199,990£30,010(-13.0%)
17/04/2026
Current price
£230,000£10,000(-4.2%)
09/06/2025
£240,000Initial listing
03/04/2025

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