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Lower Rainham Road, Rainham

South East

£1,275,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a distinctive opportunity for potential buyers looking to invest in a substantial landholding. Set on a generous 1.6-acre plot, Greenbank Farm offers diverse options including equestrian facilities, agricultural use, or even commercial ventures, all subject to relevant planning approvals. The existing bungalow features a spacious lounge, a kitchen/breakfast room, three bedrooms, and practical utility and storage areas, though it may benefit from modern updates. Beyond the main residence, the site boasts numerous outbuildings such as garages, stables, barns, and kennels, some equipped with power and light—ideal for various uses or lease opportunities. The property is also enhanced by attractive wrought iron gates that add charm and security. Located near Riverside Country Park with easy access to motorways and local amenities, this opportunity has significant investment potential. Offered with no chain.

Investment Analysis

(ME7 area)
Area Average
£301/sq ft
Avg Rent (weekly)
£285
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (ME7)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 3.7%
5 year growth: 22.2%
Investment Disclaimer: Analysis based on ME7 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

Lower Rainham Road, Rainham
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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
£4,671
Based on a loan of £956,250 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