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Blake Close, Rainham

London

£425,000
Listed on 24/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1018 sqft

Description

This mid-terraced three-bedroom property in Rainham presents a compelling opportunity for both first-time buyers and seasoned investors. With its functional layout, the home features a kitchen at the front and a generous living/dining area at the rear that opens directly onto a private garden—perfect for family gatherings or outdoor relaxation. A convenient downstairs W.C. adds to the usability of the ground floor. The upstairs comprises two double bedrooms and a single, along with a family bathroom situated off the landing. While well-arranged, there is significant potential for enhancement and personalisation, allowing future owners to tailor the space to modern tastes (subject to planning permissions). Outside, the paved front garden offers low-maintenance appeal, while the rear garden provides a private retreat in which to unwind or engage in outdoor activities. Located close to local schools, shops, and transport links including Rainham Station, this property is not only practical but also strategically positioned for future growth. With some thoughtful upgrades, it could become a standout family home or an attractive investment property.

Investment Analysis

(RM13 area)

Below Market Value

This property is priced -3.3% below area average per sq ft

-3.3%
Potential saving
This Property
£417/sq ft
Area Average
£432/sq ft
Avg Rent (weekly)
£446
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£483,474
10% above area average per sq ft
Potential ROI
+6.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (RM13)

Area prices are rising by +5.1% over the last 12 months
3 year growth: +5.4%
5 year growth: +16.8%
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

Blake Close, Rainham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% 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.

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