Worst House on the Street Logo
William Street, Rainham ME8 - Image 1
William Street, Rainham ME8 - Image 2
William Street, Rainham ME8 - Image 3
William Street, Rainham ME8 - Image 4
William Street, Rainham ME8 - Image 5
William Street, Rainham ME8 - Image 6
William Street, Rainham ME8 - Image 7
William Street, Rainham ME8 - Image 8
William Street, Rainham ME8 - Image 9
William Street, Rainham ME8 - Image 10
William Street, Rainham ME8 - Image 11
William Street, Rainham ME8 - Image 12
William Street, Rainham ME8 - Image 13
William Street, Rainham ME8 - Image 14
William Street, Rainham ME8 - Image 15
William Street, Rainham ME8 - Image 16
William Street, Rainham ME8 - Image 17
William Street, Rainham ME8 - Image 18

William Street, Rainham ME8

South East

£300,000

Listed on 24/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
785 sqft

Description

This detached bungalow presents a unique chance for investors or homebuyers looking to unlock its full potential through strategic refurbishment or redevelopment. Conveniently located within walking distance of Rainham's mainline railway station and local shops, this property spans 785 sq. ft (73 sq. m) and sits on a generous plot measuring approximately 200' x 45'. The existing structure is ideal for those ready to embark on a comprehensive renovation project or even a complete rebuild, pending planning approvals. This offers an opportunity to design a contemporary home tailored to your preferences in a desirable area. With no onward chain, the acquisition process can be expedited, allowing for swift action on renovation plans. Its close proximity to essential amenities and transport links makes it appealing not only as a personal residence but also as a sound investment for future tenants or buyers. This is more than just a property; it’s a canvas for creating significant value through thoughtful redevelopment and refurbishment.

Investment Analysis

(ME8 area)

Above Market Value

This property is priced +5.6% above area average per sq ft

+5.6%
This Property
£382/sq ft
Area Average
£362/sq ft
Avg Rent (weekly)
£309
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£312,414
10% above area average per sq ft
Potential ROI
-21.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (ME8)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -2.1%
5 year growth: +11.4%
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

William Street, Rainham ME8
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £225,000 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.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.