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New Zealand Way, Rainham, RM13

London

£450,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This charming three-bedroom semi-detached house presents a unique opportunity for those looking to invest in a property with significant renovation potential. Nestled within a desirable area, the home features a large side plot that could allow for further development, pending the necessary planning permissions. The front view is enhanced by a beautiful protected green, adding to the appeal of this inviting setting. Inside, you'll find a generous separate reception room bathed in natural light, providing an excellent space for relaxation or gatherings. The kitchen boasts ample dining space, perfect for family meals and social occasions. On the upper floor, there are three well-proportioned bedrooms: two spacious doubles and a single, each equipped with built-in wardrobes for effective storage solutions. The first-floor bathroom adds practicality, alongside an outside WC and external storage options. Parking facilities are available on the property itself. With strong public transport links in proximity—serving Rainham Village, C2C services, Hornchurch, and Romford—and the A13 just moments away for seamless commuting, this home is ideally situated. Additionally, quality educational institutions and local amenities are within easy reach. This residence is essentially a blank canvas awaiting your personal touch. Whether you envision transforming it into your dream family haven or capitalizing on its investment potential through redevelopment, this property offers remarkable versatility.

Investment Analysis

(RM13 area)
Area Average
£433/sq ft
Avg Rent (weekly)
£428
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (RM13)

Area prices are rising by +6.6% over the last 12 months
3 year growth: 6.1%
5 year growth: 19.4%
Investment Disclaimer: Analysis based on RM13 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

New Zealand Way, Rainham, RM13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 over 30 years at 4.19% 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE