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Wennington Road, Rainham RM13 - Image 1
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Wennington Road, Rainham RM13

London

£300,000
Listed on 11/04/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
753 sqft

Description

This spacious three-bedroom residence presents a significant opportunity for modernization and investment. Featuring a lounge/diner, a separate kitchen, and a bathroom on the ground level, it has ample space ripe for transformation. The upper floor holds three bedrooms, with the added potential for loft conversion (pending the necessary permissions), enhancing its appeal to future buyers or renters. Situated just 0.2 miles from Rainham Station and 0.3 miles from local shops, this property is strategically located for accessibility. Notably, there are plans to address existing subsidence issues due to drainage concerns; these remedial works will soon be initiated by the insurance company, allowing prospective homeowners to focus on cosmetic upgrades post-completion.

Investment Analysis

(RM13 area)

Below Market Value

This property is priced -9.0% below area average per sq ft

-9.0%
Potential saving
This Property
£398/sq ft
Area Average
£438/sq ft
Avg Rent (weekly)
£446
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£362,588
10% above area average per sq ft
Potential ROI
-7.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (RM13)

Area prices are rising by +4.4% over the last 12 months
3 year growth: +6.6%
5 year growth: +16.3%
Investment Disclaimer: Analysis based on RM13 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

Wennington Road, Rainham RM13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,063
Based on a loan of £225,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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