Spinney Close, Rainham, RM13
London
£550,000
Listed on 14/10/2026
Listed on 14/10/2026
The listing
Property details
Bedrooms
3Type
DetachedArea
1187 sqftFeatures
- Garden
- Parking
Description
This three-bedroom detached house is arranged over two floors and includes a reception room, an open-plan kitchen and dining area, a utility room, a home office and a ground-floor WC. The kitchen has integrated appliances and a breakfast bar, with doors opening onto the rear garden. Upstairs, the main bedroom has an en-suite shower room, while two further double bedrooms share the family bathroom.
Outside, the rear garden combines patio and lawn, with side-gate access. A private driveway at the front provides off-street parking for up to two vehicles. The listing notes potential to extend, subject to the necessary permissions; feasibility would need to be checked. Rainham station offers c2c services towards London Fenchurch Street and Essex, and the area has local shops, bus routes, green spaces and road links via the A13 and A1306.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
58out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This is a clean, usable detached family home with a large garden, patio and driveway, offering a light cosmetic project rather than a major renovation. The fitted kitchen and bathrooms are intact, while some finishes and personal décor could be refreshed; the stated works range is £5,500–£12,000. The garden and the listing’s stated potential to extend subject to planning add scope for a buyer to make the property their own.
The main constraint is the price: £550,000 works out at £463 per sq ft, above the local average of £436. With purchase and refurbishment costs included, the numbers look tight against local benchmarks, so the project’s appeal rests more on the home’s space, garden and improvement potential than on an obvious discount.
Key opportunities
- Refresh the dated bathroom finishes and personal bedroom décor with a relatively light cosmetic programme.
- Make the most of the large rear garden, patio and two-car driveway as family and entertaining space.
- The listing identifies potential to extend, subject to the necessary planning permissions.
Key risks
- The asking price is above the local £/sq ft average, limiting the value cushion.
- Purchase and refurbishment costs look tight against local benchmarks.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,078
Based on a loan of £412,500 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.
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