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Redpoll Way, Erith DA18

South East

£220,000

Listed on 07/06/2026

Property Details

Bedrooms
3
Type
Town House
Area
463 sqft

Description

This post-war townhouse presents a rare opportunity for cash buyers looking to invest in a property with significant potential. Located just 0.6 miles from Abbey Wood Station and close to local schools, this three-bedroom home is ideal for families or individuals seeking additional space. The layout includes a comfortable lounge, kitchen/diner with a balcony, and another reception room on the ground floor, complemented by a convenient cloakroom. While the property requires substantial refurbishment, it offers a blank canvas for those eager to personalize their living space. The abundant scope for enhancements ensures that you can create a home tailored to your unique style and needs. With excellent bus connections nearby enhancing accessibility to surrounding areas, this townhouse is not only an attractive investment but also an exciting project for future homeowners. Embrace the opportunity to transform this house into your dream residence.

Investment Analysis

(DA18 area)

Above Market Value

This property is priced +56.4% above area average per sq ft

+56.4%
This Property
£475/sq ft
Area Average
£304/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£154,776
10% above area average per sq ft
Potential ROI
-40.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (DA18)

Area prices are falling by -100.0% over the last 12 months
3 year growth: -100.0%
Investment Disclaimer: Analysis based on DA18 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

Redpoll Way, Erith DA18
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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
£831
Based on a loan of £165,000 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

Price History

-8.3% since listed
£220,000£20,000(-8.3%)
10/02/2026
Current price
£240,000Initial listing
26/11/2025

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