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Farnham Close, Rainham

South East

£275,000

Listed on 25/06/2026

Property details

Bedrooms
3
Type
End Of Terrace
Area
1076 sqft

Description

This three-bedroom end-of-terrace property, situated on a desirable corner plot, presents an exciting renovation opportunity for potential buyers. Ideal for those looking to make their mark, the home is currently configured with a spacious lounge/diner and a modern kitchen on the ground floor, complemented by three sizable bedrooms and a family bathroom upstairs. With no onward chain, this residence invites first-time buyers or investors to explore its full potential. The expansive low-maintenance garden includes a garage at the rear, offering additional storage solutions or the possibility of conversion for various uses. Located conveniently near Rainham Station and local amenities, this property boasts great investment potential as it stands ready for updates or extensions (subject to planning permission).

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Investment analysis

(ME8 area)

Below Market Value

This property is priced -28.7% below area average per sq ft

-28.7%
Potential saving
This Property
£256/sq ft
Area Average
£358/sq ft
Avg Rent (weekly)
£304
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£424,202
10% above area average per sq ft
Potential ROI
+36.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (ME8)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -1.2%
5 year growth: +10.7%
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

Farnham Close, 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
£1,039
Based on a loan of £206,250 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

Next Steps

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