Valley Road, Erith ** VIDEO & 3D FLOORPLAN AVAILABLE **
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Valley Road, Erith ** VIDEO & 3D FLOORPLAN AVAILABLE **

By Able Estates

£ 560,000

Reviews

2 out of 5 stars

Able Estates says ..

Chain Free 3 Bedroom Edwardian Semi Det Period House that was built in 1911 and has been in the same family for the last 55 years. The property is close to all local amenities plus subject to the relevant planning permission there is huge potential for development to the side. * MUST VIEW PROPERTY *

Property Oracle says ..

This three-bedroom Edwardian semi-detached house in Erith, Bexley, presents a mixed bag of opportunities and challenges. Located on Valley Road, it benefits from relatively convenient transport links to London via Erith train station. The proximity to several schools provides potential family appeal; however, the specific quality of local schooling requires further investigation.

The property’s charm lies in its period features and potential, but the photographs clearly reveal that it needs substantial refurbishment. The kitchen and bathrooms appear dated, and the interior requires a complete redecoration. The garden, while present, is overgrown and in need of significant landscaping. The inclusion of a two-story garage could be a significant benefit depending on the condition and intended use, offering additional storage or workshop space.

The listed price should be carefully considered in light of the necessary renovation works. While the average price for properties on Valley Road appears to match the list price, the absence of square footage data for comparable properties prevents a precise price-per-square-foot comparison. The significant renovations required will likely represent a substantial additional cost for any prospective buyer. Therefore, buyers must factor the renovation costs into their decision-making process. Overall, this property presents potential for a buyer willing to undertake a substantial renovation project, but this needs to be balanced against the cost and time commitment involved.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
5
Bedrooms
3
Bathrooms
1
Sqft (est)
1,409.30

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
355,283.00 £
Increased by 7.59 %
from 330,234.00 £
Est sale value
669,417.50 £
Decreased by 14.26 %
from 780,752.20 £
Average area rental value
1,737.00 £/mo
Increased by 15.72 %
from 1,501.00 £/mo
Est letting value
2,818.60 £/mo
Unchanged by 0.00 %
from 2,818.60 £/mo
Est rental Yield
5.87 %
Increased by 7.71 %
from 5.45 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Able Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Trinity Church Of England School, BelvedereAcademy ConverterGood0.64 KM
West Street Children'S CentreChildren's Centre0.80 KM
Belvedere Infant SchoolAcademy Converter1.00 KM
Belvedere Junior SchoolAcademy Sponsor LedGood1.14 KM
St Fidelis Catholic Primary SchoolVoluntary Aided SchoolGood1.16 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Valley Road £ 560,00000.00 KM
Hillside £ 000.00 KM
Tower Court £ 000.00 KM
Bronze Age Way £ 000.00 KM
Randall Close £ 365,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Erith5104ERH1.10 KM
Belvedere5092BVD1.70 KM
Barnehurst5089BNH2.61 KM
Slade Green5154SGR3.40 KM
Rainham (Essex)7454RNM4.20 KM

Nearby Listings

AddressPriceTypeScoreDistance
Valley Road, Erith ** VIDEO & 3D FLOORPLAN AVAILABLE ** £ 560,000BUY5 / 100.00 KM
Battle Road, Erith £ 375,000BUY7 / 100.10 KM
Bramble Croft, Erith, DA8 £ 425,000BUYUnknown0.15 KM
Hillside, Erith ** VIDEO & 3D FLOORPLAN AVAILABLE ** £ 460,000BUY6 / 100.15 KM
Glendale Road, Erith, Kent £ 335,000BUY6 / 100.20 KM

Nearby Properties

AddressPriceDistance
32 Valley Road £ 111,0000.01 KM
30 Valley Road £ 155,0000.01 KM
26 Valley Road £ 220,0000.01 KM
20 Valley Road £ 245,0000.01 KM
2 Valley Road £ 140,0000.01 KM