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2 Bed Flat, Refurb/BRRR, Erith, DA8 1JW £140,000

150 Becton Place, Erith, Greater London, DA8 1JW - 9 months ago
  1. Deal Search
  2. Erith
  3. DA8
  4. DA8 1JW
Under Offer
Leasehold
Cash
Refurb/BRRR
ROI: 1%
~61 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Erith
  • More Deals in DA8
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  • More Refurb/BRRR Deals in Erith
  • More Refurb/BRRR Deals in DA8

Property History

Listed for £140,000

February 25, 2025

Sold for £44,000

2002

Floor Plans

Description

  • 2 BEDROOM 8TH FLOOR FLAT - CASH BUYERS ONLY. +
  • PROPERTY IS IN NEED OF COMPLETE UPDATING. +
  • DOUBLE GLAZING / ELECTRIC HEATING / GARAGE +
  • 125 YEAR LEASE FROM 24TH JUNE 1986 - 86 YEARS UNEXPIRED. +
  • £191 PER MONTH SERVICE CHARGE INC BUILDING INS & GR RENT. +
  • CONVENIENT LOCATION - CLOSE TO ALL AMENITIES INCLUDING +
  • SHOPS, SCHOOLS, BUS ROUTES & 2 TRAIN STATIONS. +
  • BARNEHURST & ERITH TRAIN STATION - LATTER ON SAME LINE +
  • AND ONLY 2 STOPS FROM ABBEY WOOD & LIZZY LINE. +
  • BUY TO LET - APPROX £12OO PER MONTH ONCE UPDATED. +

Chain Free 2 Bedroom 8th Floor Flat that is in need of updating and only suitable for CASH BUYERS.

Once inside the Communal Hall you will find a lift which takes you to the 8th Floor. Step inside the actual flat to find accommodation comprising Entrance Hall, Bathroom, 2 good sized Bedrooms, Kitchen and a Lounge / Diner with access to the Balcony which in turn gives you amazing panoramic views of the local areas including the Thames and you can even see Shooters Hill and the city on the horizon stunning.

Some benefits are Double Glazing, Electric Heating, Entry Phone System, Lift & Garage.

The Seller has advised us that there is monthly service charge of £191 which includes Ground Rent and Building Insurance. NB We have not seen this in writing so supplying information that the seller has verbally given us.

We can confirm that the property falls within the London Borough of Bexley and has a Council Tax Band of A and the lease term is 125 Years from 24th June 1986 which leaves 86 years unexpired.

The property is ideally located for amenities including Shops, Schools and Public Transport including 2 Train Stations Barnehurst and Erith which are both in Zone 6 and can get you into the London Stations in approximately 40 minutes. NB Each Station is on a different line so if one line is faulty you have the option of using the alternative line plus Erith is on the same line / 2 stops from Abbey Wood which now has Elizabeth Line (Crossrail) running from it.

Below are just a few of the journey times from the Elizabeth Line (Crossrail) at Abbey Wood:-

Canary Wharf 11 minutes.
Liverpool Street 18 minutes.
Tottenham Court Road 23 minutes.
Paddington 28 minutes.

As mentioned earlier, the property is only suitable for CASH BUYERS. If you are considering the property as a Buy to Let Investment, we estimate a monthly rent of around £1200 once the property has been updated.

If you have any questions or would like to book a viewing, then call us and we will be happy to help.

Lounge / Diner. - 17'0" (5.18m) x 10'0" (3.05m)
NB Measured to furthest point.

Kitchen. - 13'0" (3.96m) x 6'0" (1.83m)

Bedroom 1. - 13'8" (4.17m) x 8'8" (2.64m)

Bedroom 2. - 13'8" (4.17m) x 8'0" (2.44m)

Bathroom. - 6'6" (1.98m) x 6'0" (1.83m)

what3words /// facing.locals.spoken

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.

Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Able Estates, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £45 inc VAT per purchase, which is paid in advance when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances. As part of the service, you will be given a 3-month free Lifetime Legal membership, which comes with free legal advice, a standard or mirror Will and Mover Protection.

Agent Details

Able Estates, South East London

020 3893 3025

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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