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Elmer Gardens, Rainham

London

£475,000
Listed on 26/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1306 sqft

Description

This spacious four-bedroom detached house in a desirable area of Rainham presents an excellent opportunity for those looking to invest in a versatile family home with significant potential for enhancement. The property features a bright lounge and a functional kitchen that benefits from ample storage space, making it a promising candidate for modernisation and reconfiguration. The ground floor includes a bathroom and convenient internal access to the garage, which could be repurposed into additional living space (subject to planning permission). On the first floor, you will find four well-sized bedrooms surrounding a central landing, along with a family shower room. This layout allows for creativity in designing an ideal living arrangement or even considering extensions or reconfigurations. The generous rear garden is another highlight, offering plenty of outdoor space that can be transformed into an attractive family retreat or entertaining area while the garage adds valuable off-street parking or storage solutions. Located close to local schools and transport links, this property holds considerable appeal for families seeking both comfort and growth potential in an increasingly popular location.

Investment Analysis

(RM13 area)

Below Market Value

This property is priced -15.8% below area average per sq ft

-15.8%
Potential saving
This Property
£364/sq ft
Area Average
£432/sq ft
Avg Rent (weekly)
£446
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£620,252
10% above area average per sq ft
Potential ROI
+19.3%
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

Elmer Gardens, 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
£1,713
Based on a loan of £356,250 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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