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Lake Avenue, Rainham, RM13

London

£550,000

Listed on 25/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1799 sqft

Description

This significant four-bedroom detached residence, nestled on the desirable Lake Avenue in Rainham, presents a remarkable opportunity for renovation and investment. The property features ample living areas and a spacious rear garden, complemented by a detached double garage that adds extra functionality. Upon entry, you are greeted by a welcoming hallway leading to two sizable bay-fronted bedrooms on the ground floor, offering flexible living arrangements. At the rear, a generous through lounge/dining room with dual-aspect windows opens onto the garden, creating an inviting space for entertaining. The kitchen is equipped with plenty of storage and worktop space, along with direct garden access; it also includes a practical ground floor shower room. Moving upstairs, you will find two further well-sized double bedrooms, including an exceptionally large principal bedroom served by a family bathroom. Outside, the property boasts off-street parking and side access alongside a mature rear garden leading to the garage—ideal for various uses such as storage or workshops. With considerable potential for modernisation and possible extensions, this home offers an excellent chance to craft a spacious long-term residence in a highly sought-after area with convenient proximity to local schools, shopping options, and transport links.

Investment Analysis

(RM13 area)

Below Market Value

This property is priced -30.1% below area average per sq ft

-30.1%
Potential saving
This Property
£306/sq ft
Area Average
£437/sq ft
Avg Rent (weekly)
£432
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£65,000 - £90,000
Target Value
£865,076
10% above area average per sq ft
Potential ROI
+35.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM13)

Area prices are rising by +4.3% over the last 12 months
3 year growth: +8.2%
5 year growth: +16.7%
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

Lake Avenue, Rainham, RM13
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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
£1,962
Based on a loan of £412,500 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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