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Chalky Bank Road, Rainham ME8 - Image 1
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Chalky Bank Road, Rainham ME8

South East

£325,000
Listed on 26/03/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
505 sqft

Description

This two-bedroom semi-detached bungalow presents an excellent investment opportunity for those looking to embark on a renovation journey. Situated in a desirable and accessible area, the property is ready for a thorough update, offering buyers the chance to implement their own vision and style. The layout encompasses approximately 505 sq. ft. of living space, which includes two generously sized bedrooms, a lounge, a kitchen, and a conservatory that provides an inviting atmosphere with views of the rear garden. Although some refurbishment is needed, the framework is strong enough to support significant upgrades that could transform the space into a modern and comfortable home. Externally, the property features a garage and off-road parking alongside the bungalow, enhancing convenience for residents. The south-facing garden is a particularly appealing aspect, benefiting from sunlight throughout the day; it offers ample potential for landscaping or creating an outdoor retreat. Additionally, this bungalow's location is advantageous, being situated near Rainham town centre where essential shops and amenities are readily available. The close proximity to public transport further adds value for those commuting or needing access to wider services. With no onward chain complicating the sale process, this property is ideal for first-time buyers eager to make their mark or investors looking for solid rental potential. Early viewings are encouraged to appreciate the inherent possibilities this bungalow holds.

Investment Analysis

(ME8 area)

Above Market Value

This property is priced +80.2% above area average per sq ft

+80.2%
This Property
£644/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£198,397
10% above area average per sq ft
Potential ROI
-45.6%
After renovation
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

Chalky Bank Road, Rainham ME8
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,172
Based on a loan of £243,750 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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