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Gillam Way, Rainham

London

£475,000

Listed on 11/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
958 sqft

Description

This three-bedroom end-of-terrace house in Rainham presents an excellent opportunity for buyers seeking a home with potential for enhancement. The property boasts a modern kitchen and a bright reception room, both of which provide a welcoming atmosphere. The ground floor features dual-aspect windows and wood-effect flooring, creating a comfortable living space ideal for both relaxation and entertaining. The separate kitchen is equipped with contemporary white units and tiled splashbacks, offering direct access to the spacious rear garden. Upstairs, the three bedrooms are filled with natural light and feature neutral décor, making them ready for personal touches. The family bathroom is well-appointed with both a bath and a separate shower, catering to various needs. A standout feature of this property is the large rear garden, which is primarily laid to paving and lawn, perfect for outdoor gatherings or family activities. With side access available, practicality is enhanced for storing cycles and garden equipment. Located in a residential area, this home is conveniently close to local amenities and parks, with Elm Park Underground Station just a short drive away. This property offers not only a comfortable living space but also the potential for future development (subject to planning permission).

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

33out of 100
Grade ELow opportunity

Confidence: LOW

This three-bedroom end-of-terrace house in Rainham presents a solid opportunity for those looking to invest in a property with good internal condition and a generous plot. The asking price of £475,000 translates to £496/sqf, which is a bit on the dear side compared to the local average of £436/sqf. This makes it less appealing from a price/value perspective, but the property shines with its large rear garden and potential for extension (subject to planning permission), which could greatly enhance its value.

The interior features a bright reception room and a modern kitchen, both in good condition, alongside three well-lit bedrooms and a flexible family bathroom. With close proximity to local amenities and Elm Park Station, this property is conveniently located for commuting. While the price may seem high, the solid internal features and outdoor space offer a canvas for future improvements that could make this house a worthwhile project for the right buyer.

Key opportunities

  • Large rear garden suitable for outdoor entertaining
  • Potential for extension (subject to planning permission)
  • Good internal condition with modern features

Key risks

  • Asking price is above local averages, impacting value
  • Planning permission required for any extensions

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Map

Location

Gillam Way, Rainham
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 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.

Tax

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Indicative tax based on the asking price and the options you select.

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