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Larner Road, Erith DA8 - Image 1
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Larner Road, Erith DA8

South East

£399,995
Listed on 26/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
990 sqft

Description

This end-of-terrace period house, featuring 3 to 4 bedrooms, presents a promising opportunity for renovation enthusiasts. The property is being sold chain-free, which simplifies the process for potential buyers looking to invest in a family home with ample room for improvement. The ground floor layout includes a porch, entrance hall, square bay lounge, dining area, kitchen, a convenient WC/shower room, and an additional bedroom that can serve as a study. Ascending to the first floor, you will find three well-sized bedrooms along with the main bathroom. Notably, Bedroom 2 offers pleasant views of Erith Recreation Park and Sports Centre. The house boasts double glazing and gas central heating (not tested), alongside a generous 40-foot garden with side access and space for vehicle access to a dilapidated garage that could be restored. The location is advantageous; situated in a sought-after residential area, it is close to local schools, bus routes, the Erith Riverside Shopping Centre, and the train station (Zone 6), providing excellent transport links into central London within approximately 40 minutes and just two stops from Abbey Wood Station on the Elizabeth Line. The property is freehold and lies within the London Borough of Bexley with a council tax band of C. With some thoughtful updates and renovations, this house could transform into an attractive family home or investment opportunity.

Investment Analysis

(DA8 area)

Below Market Value

This property is priced -0.3% below area average per sq ft

-0.3%
Potential saving
This Property
£404/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
£441,208
10% above area average per sq ft
Potential ROI
-0.9%
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

Larner 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
£1,465
Based on a loan of £299,996 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.

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