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Studio for sale

£100,000 Guide price

Sandcliff Road, Erith DA8

1 1
Interested in this property? Call +44 1322 584701 * or Request Details

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Property features

  • Studio flat
  • Electric heating
  • Entry phone system
  • Located on the 1st floor
  • Fitted kitchen

Property description

Guide price of £100,000 - £110,000.

Investment opportunity in the shape of this Immaculate 1st Floor Studio Flat. Nb The property is being sold with the Tenant in residence so this is only suitable for Investment buyers, the tenant currently pays £625 per calendar month.

Once inside you will find an Entrance Hall, Bathroom, Fitted Kitchen and a Good Size Living area which provides your Lounge and Bedroom area - See Floor plan.

Some benefits worth noting are double glazing, electric heating, entry phone system & residents parking.

The property is also a short walk away from Local Shops, Bus Routes plus Erith Train Station( zone 6 ) which will get you into the London Stations in approximately 40 / 45 minutes.

In terms of running costs the seller has advised us that there is a £100.00 per annum Ground Rent and £1,200.00 per annum service charge which includes your building Insurance, the seller has also advised us there is approximately 70 years left on the lease.

Please contact us if you have any questions or you would like to book a viewing. ** call to view **

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Purchasers must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £281,604 Sales 309 Current average value £300,163 (Zoopla Zed-Index) Value change £2,273 ▲ 0.76%

Property value data/graphs for DA8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £443,239 £368 3.3 £434,421
Semi-detached £359,028 £353 3.1 £332,597
Terraced £304,305 £366 2.8 £300,361
Flats £212,231 £339 1.8 £208,784

Current asking prices in DA8

Average: £319,181
Avg. current asking prices in DA8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £230,000
(1)
£306,854
(24)
£319,210
(50)
£470,385
(13)
£450,000
(4)
Flats £161,361
(9)
£225,150
(26)
£280,000
(1)
- -
All £168,225
(10)
£264,368
(50)
£318,441
(51)
£470,385
(13)
£450,000
(4)

Current asking rents in DA8

Average: £1,021 pcm
Avg. current asking prices in DA8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £544 pcm
(7)
£1,071 pcm
(9)
£1,280 pcm
(10)
£1,504 pcm
(5)
-
Flats £824 pcm
(12)
£1,080 pcm
(14)
£1,160 pcm
(3)
- -
All £721 pcm
(19)
£1,077 pcm
(23)
£1,252 pcm
(13)
£1,504 pcm
(5)
-

Fun facts for DA8

Highest value in DA8
Highest value streets Zed-Index
Park Crescent £476,832
Mortimer Road £461,000
Lesney Park £452,231
Shinglewell Road £443,680
Victoria Road £436,432
Highest turnover in DA8
Highest turnover streets Turnover
Park Gardens 60.0%
Wheelock Close 54.5%
Macarthur Close 44.2%
Hilary Close 41.7%
Doyle Close 40.0%

What Zoopla users think of Erith

Overall rating:

  • currently 3.5 stars
Good - 73% (159 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Erith:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Erith (0.2 miles)
  • Belvedere (1.0 mile)
  • Slade Green (1.4 miles)
  • London City Airport (5.2 miles)
  • London Southend Airport (23.4 miles)
  • London Heathrow Airport (27.2 miles)
  • Woolwich Arsenal Pier (4.4 miles)
  • Woolwich Ferry South Pier (4.8 miles)
  • Woolwich Ferry North Pier (4.8 miles)

Nearby schools

View all schools in Bexley
  • Christ Church (Erith) CofE Primary School (0.4 miles)
  • St Fidelis Catholic Primary School (0.6 miles)
  • Belvedere Infant School (0.7 miles)
  • Shooters Hill Sixth Form College (4.8 miles)
  • East London Arts & Music (8.1 miles)
  • Bellerbys College London (8.3 miles)
  • Trinity Church of England School, Belvedere (0.5 miles)
  • Erith School (0.7 miles)
  • Woodside School (0.9 miles)
Note: Distances are straight line measurements

Local info for Bexley

About the neighbours in DA8

AskMe Q&A for Bexley

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Arrange Viewing

For more information about this property, please contact
Able Estates, DA8 on +44 1322 584701 * (local rate)

Monthly running costs Beta

£530 Monthly total

Mortgage

Purchase price
Deposit (10%) 10,000
Repayment term 25
Interest rate 1.5
Your payment £359 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £22 Electricity £28 Estimated energy cost £50/mo

Similar properties could save up to £184

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6100 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Bexley

Estimated tax band A Council tax cost £102 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £10 Estimated water cost £19 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Able Estates about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Able Estates, and do not constitute property particulars. Please contact Able Estates for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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