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Gunnis Close, Rainham, Kent, ME8

South East

£280,000
Listed on 06/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
840 sqft

Description

This three-bedroom residence in the sought-after Gunnis Close area of Parkwood presents a remarkable opportunity for renovation and personalization. Encompassing around 840 sq ft, the property serves as a versatile blank canvas, enabling buyers to imprint their vision upon it. The generous layout features spacious living areas and three well-proportioned bedrooms, complemented by a garage in a nearby block for added convenience. With no onward chain, the transition into ownership is streamlined and uncomplicated. Situated in a desirable location, this home is strategically positioned near local educational institutions, shopping facilities, and other essential amenities, making it an ideal option for families, first-time buyers, or savvy investors looking to capitalize on its potential. Parkwood is well-regarded for its vibrant community atmosphere and accessible green spaces. Additionally, residents benefit from robust transport links that facilitate easy commutes to surrounding towns. Whether you aim to enter the property market or explore a solid investment opportunity, this home warrants a viewing to uncover its true potential.

Investment Analysis

(ME8 area)

Below Market Value

This property is priced -6.4% below area average per sq ft

-6.4%
Potential saving
This Property
£333/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£311
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£329,036
10% above area average per sq ft
Potential ROI
+2.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (ME8)

Area prices are rising by +2.9% over the last 12 months
3 year growth: 0.8%
5 year growth: 19.3%
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

Gunnis Close, Rainham, Kent, ME8
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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
£1,026
Based on a loan of £210,000 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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