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London
£370,000Guide Price
Listed on 01/10/2026
Listed on 01/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
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.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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