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Lambs Lane South, RAINHAM, Essex, RM13 - Image 1
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Lambs Lane South, RAINHAM, Essex, RM13

London

£500,000

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1417 sqft

Description

Situated in the desirable area of Lambs Lane South, this three-bedroom detached chalet presents a promising opportunity for renovation enthusiasts or investors. The layout includes two spacious double bedrooms and a single bedroom with an ensuite, alongside a family bathroom. The property features two reception rooms and a separate kitchen, providing a solid foundation to update or reconfigure the living space according to modern preferences. Outside, there's a generous driveway that accommodates multiple vehicles and a substantial rear garden, which offers potential for expansion (subject to obtaining necessary planning permissions). Additionally, the garden houses a summerhouse that could be repurposed as an office or leisure space. With local amenities such as Harris Academy Rainham and Brady Primary School nearby, plus convenient access to the A13 for commutes into Central London and Rainham station just a 15-minute stroll away, this property is ideally located to enhance its value through thoughtful renovations.

Investment Analysis

(RM13 area)

Below Market Value

This property is priced -18.5% below area average per sq ft

-18.5%
Potential saving
This Property
£353/sq ft
Area Average
£433/sq ft
Avg Rent (weekly)
£406
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£675,229
10% above area average per sq ft
Potential ROI
+22.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RM13)

Area prices are rising by +3.6% over the last 12 months
3 year growth: +7.8%
5 year growth: +16.1%
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

Lambs Lane South, RAINHAM, Essex, RM13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £375,000 over 30 years at 4.45% 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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