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Broadoak Road, Erith DA8 - Image 1
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Broadoak Road, Erith DA8

South East

£450,000
Listed on 20/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
947 sqft

Description

This three-bedroom family residence presents a promising opportunity for investors or those seeking to create their dream home. Set on an above-average plot, the property boasts significant potential for extension or redevelopment, subject to obtaining the necessary planning permissions. Located conveniently within reach of local schools, shops, and amenities, this home is being offered with no onward chain. Viewing is strongly advised to fully appreciate the possibilities available.

Investment Analysis

(DA8 area)

Above Market Value

This property is priced +17.3% above area average per sq ft

+17.3%
This Property
£475/sq ft
Area Average
£405/sq ft
Avg Rent (weekly)
£384
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£422,045
10% above area average per sq ft
Potential ROI
-14.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DA8)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 3.8%
5 year growth: 10.0%
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

Broadoak Road, Erith DA8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 over 30 years at 4.19% 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE