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Nelson Road, Rainham

London

£370,000Guide Price

Listed on 01/10/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
744 sqft

Description

This chain-free three-bedroom terraced house in Rainham presents a great opportunity for both first-time buyers and investors. The property is in good condition and features a spacious reception room that overlooks the rear garden, creating a bright and inviting atmosphere. The fitted kitchen includes a dining area, making it ideal for family meals or entertaining guests. Upstairs, you'll find three well-sized bedrooms and a family bathroom, providing ample space for comfortable living. Outside, the front and rear gardens offer potential for enhancement, with room for extensions subject to planning permission. Conveniently located near Rainham town centre, local schools, parks, and transport links, including Rainham Station with direct services to London Fenchurch Street in approximately 25 to 30 minutes, this home combines comfort and accessibility. Don't miss the chance to view this property, which is offered through the Modern Method of Auction, allowing buyers to proceed efficiently with mortgage finance.

WHOTS analysis

Our WHOTS verdict

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

47out of 100
Grade ELow opportunity

Confidence: LOW

This chain-free three-bedroom terraced house in Rainham presents a solid opportunity, albeit at a price that feels a bit steep compared to local averages. With an asking price of £370,000, it stands at £497 per square foot, which is about 14.1% above the local average of £436 per square foot. While the price may deter some, this property is well-maintained and offers bright living spaces, a fitted kitchen with dining area, and three good-sized bedrooms, all in good condition. The spacious living room has a lovely garden view, adding to the appeal.

The exterior and gardens are in good shape, with potential for further enhancement, especially in the garden area. With the possibility of extension subject to planning permission, buyers could really add value over time. However, the lack of renovation estimates does limit the economic insight into the overall investment potential. This property could benefit from minor cosmetic updates to truly make it shine, but it remains a comfortable and convenient home in a good location near transport links and local amenities. Overall, while the price is on the higher side, the property's condition and features make it worthy of consideration for the right buyer.

Key opportunities

  • Well-maintained interiors that require only minor cosmetic updates
  • Spacious garden with potential for enhancement
  • Possibility for extension subject to planning permission

Key risks

  • Asking price is above local £/sqf averages, which may impact resale value

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Map

Location

Nelson Road, 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
£1,398
Based on a loan of £277,500 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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