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William Street, Rainham

South East

£300,000
Listed on 15/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
785 sqft

Description

This detached bungalow presents an exceptional opportunity for cash buyers looking to invest in a property with considerable renovation potential. Located within a short stroll of Rainham's mainline railway station and local amenities, this residence offers a solid foundation for those wishing to engage in substantial refurbishment or even pursue a complete redevelopment project, pending relevant planning approvals. Covering an area of 785 sq. ft (73 sq. m), the existing layout allows for creative reimagining, inviting investors and future homeowners alike to craft their ideal living space from scratch. Occupying a generous plot measuring approximately 200' x 45', there is ample room not only for expansion but also for developing an entirely new structure, thereby enhancing its attractiveness as a redevelopment proposition. Prospective buyers can envision constructing a modern home customized to fit their specific needs in this desirable locale. Designed for those ready to embark on a significant project, this property comes with the advantage of no onward chain, facilitating a smoother purchase process and quicker commencement of renovation activities. Its strategic location near essential services and transport links adds further appeal, making it suitable for either personal residence or as an investment opportunity. This isn’t merely about acquiring a house; it’s about seizing the chance to unlock substantial value through thoughtful design and innovative redevelopment.

Investment Analysis

(ME8 area)

Above Market Value

This property is priced +6.1% above area average per sq ft

+6.1%
This Property
£382/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£304
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£310,903
10% above area average per sq ft
Potential ROI
-22.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (ME8)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -0.4%
5 year growth: +14.6%
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

William Street, Rainham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,063
Based on a loan of £225,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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