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Cheriton Road, Rainham ME8 - Image 1
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Cheriton Road, Rainham ME8

South East

£250,000
Listed on 18/03/2026

Property Details

Bedrooms
3
Type
End Terrace

Description

This three-bedroom home presents a valuable opportunity for those looking to invest in a property with considerable renovation potential. While it does require modernisation, the layout is spacious and functional, featuring a welcoming entrance hallway, an expansive lounge/diner that flows into the kitchen, two generous double bedrooms, a single bedroom and a bathroom. The garden offers an approximate 70-foot expanse, ideal for family activities but currently overgrown, providing a blank canvas for landscaping. The front of the property includes a practical hardstand area. Character is added by attractive bay windows. Located conveniently near Rainham Station and local amenities including shops and schools, this no chain property is particularly well-suited for first-time buyers seeking to apply their own styles and preferences.

Investment Analysis

(ME8 area)
Area Average
£357/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
68%
Properties sold annually

Local Market Trend (ME8)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -0.7%
5 year growth: +16.2%
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

Cheriton Road, Rainham ME8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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