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Gainsborough Road, Rainham

London

£400,000

Listed on 15/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
700 sqft

Description

This end of terrace home features three bedrooms and is situated in a peaceful area close to Hornchurch Country Park. While the property requires some refurbishment, it presents an excellent opportunity for investment, with significant potential for extension and development (subject to planning permission). The front of the house offers off-street parking, along with a sizeable garden that includes a substantial garage at the rear, enhancing the overall appeal. Inside, you'll find a hallway leading to a spacious lounge/diner that benefits from abundant natural light. The kitchen is functional, equipped with essential appliances and overlooks the rear garden. An additional conservatory extends living space further. The property comprises two double bedrooms and one single bedroom, catering well to families or investors looking for rental potential. The bathroom includes basic facilities but could be modernized for improved aesthetics and functionality. This home is chain-free and ready for new owners looking to put their stamp on it.

Investment Analysis

(RM13 area)

Above Market Value

This property is priced +31.9% above area average per sq ft

+31.9%
This Property
£571/sq ft
Area Average
£433/sq ft
Avg Rent (weekly)
£406
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£333,564
10% above area average per sq ft
Potential ROI
-24.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Gainsborough Road, Rainham
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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
£1,511
Based on a loan of £300,000 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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