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William Street, Rainham ME8

South East

£300,000
Listed on 20/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
785 sqft

Description

This detached bungalow presents a distinctive opportunity for investors and homeowners looking to capitalize on its renovation potential. Located conveniently near Rainham's mainline railway station and local amenities, this property encompasses a spacious 785 sq. ft (73 sq. m) structure that is well-positioned for a complete refurbishment or redevelopment, pending necessary planning permissions. The expansive plot, approximately 200' x 45', not only provides room for extension but also allows for the possibility of building a new home tailored to modern living standards. This project is ideal for those willing to engage in a significant refurbishment effort, with clear prospects for increasing value upon completion. With no onward chain, the buying process can be expedited, setting the stage for an immediate start on renovation plans in this desirable location, promising convenience and investment return alike.

Investment Analysis

(ME8 area)

Above Market Value

This property is priced +6.1% above area average per sq ft

+6.1%
This Property
£382/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£304
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£310,903
10% above area average per sq ft
Potential ROI
-22.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (ME8)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -0.4%
5 year growth: +14.6%
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
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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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