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Swanton Road, Erith DA8

South East

£425,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Detached house
Area
1066 sqft

Description

This property, located on the borders of Bexleyheath and Erith, presents an exceptional opportunity for investors and families alike. Chain-free, it sits within easy reach of The Pantiles and Nuxley Village, offering convenient access to a variety of shops, dining options, reputable schools, and robust transport links, including the Superloop service to Abbey Wood and the Elizabeth Line. While the home requires comprehensive modernization throughout, its layout features an entrance hall, a spacious reception room, a lean-to area, and a kitchen. Upstairs are three bedrooms alongside a family bathroom. The generous rear garden provides a secluded space with potential for landscaping or extension (subject to planning permissions), while the front garden could be transformed into off-street parking. Additional advantages include double glazing, gas central heating, and a garage. This property is ripe for renovation and is an ideal canvas for creating a family residence.

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
£399/sq ft
Area Average
£400/sq ft
Avg Rent (weekly)
£357
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£468,688
10% above area average per sq ft
Potential ROI
-9.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DA8)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -1.0%
5 year growth: +10.7%
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

Swanton 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
£1,606
Based on a loan of £318,750 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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