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Hemsted Road, Erith DA8

South East

£300,000

Listed on 16/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
933 sqft

Description

This three-bedroom semi-detached house on a desirable stretch of Hemsted Road, Erith, presents a prime opportunity for those looking to invest in a property with significant potential. With gardens at both the front and rear, there's plenty of outdoor space to work with, making it ideal for families or those who love entertaining outdoors. The side access enhances practicality and convenience. Inside, the home features generous living spaces that are ripe for renovation, allowing future owners to apply their own touch and design preferences. Additionally, the plot offers prospects for extension, pending necessary planning approvals—a key consideration for buyers seeking a long-term family residence. Situated close to local amenities, schools, transportation links, and Erith town centre adds further appeal to this property.

Investment Analysis

(DA8 area)

Below Market Value

This property is priced -19.5% below area average per sq ft

-19.5%
Potential saving
This Property
£322/sq ft
Area Average
£399/sq ft
Avg Rent (weekly)
£389
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £35,000
Target Value
£409,853
10% above area average per sq ft
Potential ROI
+22.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DA8)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -0.3%
5 year growth: +12.1%
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

Hemsted Road, Erith DA8
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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
£1,133
Based on a loan of £225,000 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

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