Worst House on the Street Logo
Wakeley Road, Rainham - Image 1
Wakeley Road, Rainham - Image 2
Wakeley Road, Rainham - Image 3
Wakeley Road, Rainham - Image 4
Wakeley Road, Rainham - Image 5
Wakeley Road, Rainham - Image 6
Wakeley Road, Rainham - Image 7
Wakeley Road, Rainham - Image 8
Wakeley Road, Rainham - Image 9
Wakeley Road, Rainham - Image 10
Wakeley Road, Rainham - Image 11

Wakeley Road, Rainham

South East

£375,000
Listed on 12/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
764 sqft

Description

This semi-detached bungalow offers a unique opportunity for renovation and investment, featuring two well-sized bedrooms and a wider-than-average plot that enhances its appeal. The property comes with the convenience of no onward chain, allowing for a swift transition for potential buyers. The exterior is marked by double opening gates that lead to a private driveway and garage, providing ample off-road parking—an increasingly sought-after feature in the area. The generous plot size not only presents possibilities for landscaping but also allows you to create an outdoor space reflective of your personal style. Inside, the layout is designed to maximize both comfort and practicality. You’ll find two spacious double bedrooms, ideal for making cozy retreats or home offices. The lounge diner overlooks the rear garden, creating a flexible space that can adapt to your entertaining or leisure needs. Completing this layout are a kitchen and bathroom, both of which offer opportunities for modernization. While the interior may require some updating, this presents an excellent chance for new owners to customize the home according to their vision. From refurbishing the kitchen and bathroom to freshening up the overall decor, there is significant potential to increase the property’s value while crafting a space uniquely yours. Location plays a crucial role in this property’s attractiveness. Situated within walking distance of Rainham town center, you'll enjoy convenient access to local shops, supermarkets, cafes, and recreational facilities. Commuters will benefit from proximity to Rainham Mainline Station, ensuring quick rail links to London and other destinations—ideal for those who travel frequently. Additionally, the surrounding area boasts good schools and parks, making it appealing for families and individuals alike. Overall, this bungalow stands out with its expansive plot and two double bedrooms, offering considerable renovation potential that could transform it into a modern home tailored to your preferences. With no onward chain complicating matters, this property simplifies the buying process for prospective owners. Viewings are highly encouraged to grasp the full range of possibilities available within this charming bungalow. All appointments will be arranged individually to provide an informative experience as you explore what could become your dream home in Rainham.

Investment Analysis

(ME8 area)

Above Market Value

This property is priced +37.6% above area average per sq ft

+37.6%
This Property
£491/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£302
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£299,855
10% above area average per sq ft
Potential ROI
-26.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (ME8)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 1.1%
5 year growth: 18.8%
Investment Disclaimer: Analysis based on ME8 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

Wakeley Road, Rainham
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 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

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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