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Ellis Avenue, Rainham

London

£350,000
Listed on 21/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1117 sqft

Description

This three-bedroom mid-terraced home in Rainham presents an excellent opportunity for buyers interested in a renovation project. Chain free and situated just a short walk from the station, this property is ideal for those who need easy access to transport links while also looking to invest in a property with significant potential. The house features a spacious living/dining area, which can be transformed into an open-plan layout for modern living, along with a traditional kitchen that could benefit from updating. With three well-sized bedrooms and a family bathroom upstairs, there's ample space for families or individuals looking to make their mark on a property. Outside, the driveway accommodates two vehicles, complemented by a rear garden that could offer further expansion possibilities (subject to necessary permissions) and a garage for additional storage or potential workspace. Located near reputable schools and local amenities, this home offers the perfect blend of convenience and investment potential. Although some modernization will be required, this property is well-positioned to become a stylish residence in an appealing location.

Investment Analysis

(RM13 area)

Below Market Value

This property is priced -27.6% below area average per sq ft

-27.6%
Potential saving
This Property
£313/sq ft
Area Average
£433/sq ft
Avg Rent (weekly)
£428
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£531,536
10% above area average per sq ft
Potential ROI
+36.3%
After renovation
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

Ellis Avenue, 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
£1,282
Based on a loan of £262,500 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