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Foxburrow Close, Rainham,

South East

£220,000
Listed on 29/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
828 sqft

Description

This two-bedroom mid-terrace house in the Parkwood area of Rainham presents an enticing opportunity for buyers eager to create their ideal living space. Offered with no onward chain, this property requires updating but serves as a blank canvas perfect for both first-time buyers and savvy investors looking to add value through renovation. Inside, approximately 839 square feet (78 square metres) are spread across two levels. The ground floor features two reception rooms that can be reimagined to suit various purposes—be it an inviting living space, dining area, or a home office. With thoughtful enhancements, these foundational spaces can be transformed into modern, stylish environments. The kitchen currently serves its function but stands ready for a contemporary redesign, ideal for those who envision an open-plan layout that facilitates entertaining and family gatherings. Upstairs, you will find two well-proportioned double bedrooms, each offering potential for personalisation. Alongside them is a shower room that also offers ample opportunity for refurbishment, enhancing both style and functionality. Outside, the property includes front and rear gardens—the latter serving as a private retreat for outdoor enjoyment or gardening pursuits. A garage en bloc adds further appeal by providing valuable off-street parking or additional storage space—a rare find in this desirable residential neighbourhood. The location enhances this property's promise; situated in Parkwood, residents have easy access to local amenities such as shops and bus routes that connect to broader areas. Commuters will appreciate the proximity to the M2 motorway and Hempstead Valley Shopping Centre, which is just a short drive away with varied shopping and dining options available. This house is a compelling prospect for anyone willing to invest time and resources into revitalising it into a custom home reflecting their personal style. Early viewings are strongly encouraged to explore the exciting potential this property holds.

Investment Analysis

(ME8 area)

Below Market Value

This property is priced -26.3% below area average per sq ft

-26.3%
Potential saving
This Property
£266/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£308
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£328,161
10% above area average per sq ft
Potential ROI
+31.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (ME8)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -1.7%
5 year growth: +12.1%
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

Foxburrow Close, Rainham,
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£785
Based on a loan of £165,000 over 30 years at 3.97% 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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