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Mungo Park Road, Rainham

London

£400,000
Listed on 09/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom end-of-terrace house presents a compelling opportunity for buyers looking to invest in a property with significant potential for modernization. Situated on Mungo Park Road in South Hornchurch, the home features a spacious layout across its ground and first floors. The ground floor includes a bright lounge, a fitted kitchen that flows into a conservatory, and a versatile dining room, which can easily serve as an additional bedroom if needed. A downstairs W/C adds practicality to the living space. Upstairs, you'll find two sizable double bedrooms and a family bathroom, ensuring ample space for comfortable living. Outside, the property offers off-street parking with both a carport and a garage at the rear, along with a low-maintenance garden ideal for those who prefer minimal upkeep. While the interiors are well-kept and clean, they would greatly benefit from some modern updates, allowing new owners to customize their home according to their preferences. This property is perfect for those willing to roll up their sleeves and undertake renovations to enhance both its functionality and value.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Mungo Park Road, Rainham
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £300,000 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