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Highfield Avenue, Erith DA8

South East

£590,000
Listed on 13/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1521 sqft

Description

This three-bedroom semi-detached chalet-style home is situated on a significant corner plot in the desirable Northumberland Heath area. It presents considerable renovation and investment potential, making it an attractive opportunity for families and developers alike. The property features spacious living areas, including a welcoming living room with a bay window and a separate dining room perfect for gatherings. The standout feature is the expansive open plan kitchen/family room that extends over 19 feet, providing a bright and flexible space with bi-fold doors opening to the garden for easy outdoor access. The ground floor also accommodates a bathroom and an additional bedroom that can serve as a reception room, catering well to varied living arrangements. Upstairs, you will find two generously sized double bedrooms with eaves storage, adding practicality to the layout. The external space is equally impressive; the large corner plot allows for possibilities of extensions or even redevelopment (subject to planning permissions). Furthermore, the substantial double garage could be converted into additional living spaces such as a home office or gym (STPP). The property includes ample off-road parking options both at the front and rear, enhancing its appeal. Given its location near schools, shopping facilities, and excellent transport links—including access to direct trains into London—this property not only offers comfortable living but also presents significant future value through renovation or development.

Investment Analysis

(DA8 area)

Below Market Value

This property is priced -3.7% below area average per sq ft

-3.7%
Potential saving
This Property
£388/sq ft
Area Average
£403/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£674,008
10% above area average per sq ft
Potential ROI
+3.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DA8)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -1.0%
5 year growth: +9.7%
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

Highfield Avenue, Erith DA8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,105
Based on a loan of £442,500 over 30 years at 3.97% 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

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