Lake Avenue, Rainham, RM13
PA

Lake Avenue, Rainham, RM13

By PATTERSON HAWTHORN

£ 425,000

Reviews

3 out of 5 stars

PATTERSON HAWTHORN says ..

PATTERSON HAWTHORN - TWO BEDROOM SEMI DETACHED BUNGALOW - NO ONWARD CHAIN - TWO RECEPTION ROOMS - HUGE POTENTIAL TO MODERNISE & EXTEND (SUBJECT TO PLANNING CONSENTS) - GARAGE & OUTBUILDINGS - WELL MAINTAINED FRONT & REAR GARDENS - HIGHLY SOUGHT AFTER ROAD - EVER POPULAR NORTH SIDE ...

Property Oracle says ..

This two-bedroom semi-detached bungalow located in Rainham, Essex, offers a blend of suburban living and convenient transport links. The property is situated on Lake Avenue, a location that benefits from proximity to schools with good Ofsted ratings and the Rainham train station providing access to c2c services. The property itself appears to be in reasonable condition, displaying a well-maintained exterior. However, the interior décor seems dated, suggesting potential for modernisation. The bungalow offers two bedrooms, one bathroom, and a kitchen, with the kitchen appearing dated but functional. A key feature of the property is its sizable garden, which provides significant outdoor space and includes a well-maintained lawn and a patio area. Additionally, outbuildings, including a detached garage, add further practical value to the property.

While the provided data on comparable properties is limited, and square footage data is unavailable for most nearby listings, the listed price of £425,000 suggests the property represents a potentially sound investment, especially when considering the spacious garden and outbuildings. Overall, the property presents a solid opportunity for someone looking to update a home in a convenient location, though potential buyers should factor in the likely costs associated with modernising and updating the property’s interior. Further information regarding the property’s EPC rating and council tax band would provide a more complete picture of its value proposition.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
7
Bedrooms
2
Bathrooms
1
Sqft (est)
967.68

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
575,000.00 £
Increased by 33.13 %
from 431,904.00 £
Est sale value
291,271.68 £
Decreased by 13.26 %
from 335,784.96 £
Average area rental value
1,914.00 £/mo
Decreased by 2.00 %
from 1,953.00 £/mo
Est letting value
967.68 £/mo
Unchanged by 0.00 %
from 967.68 £/mo
Est rental Yield
3.99 %
Decreased by 26.52 %
from 5.43 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • PATTERSON HAWTHORN marked this listing as sold.

  • PATTERSON HAWTHORN created the listing.

Nearby Schools

NameTypeOfstedDistance
Parsonage Farm Primary SchoolCommunity SchoolGood0.95 KM
Scotts Primary SchoolCommunity SchoolOutstanding1.86 KM
Harris Academy RainhamAcademy Sponsor LedGood1.96 KM
Routes4Life LimitedSpecial Post 16 Institution2.03 KM
The R J Mitchell Primary SchoolCommunity SchoolGood2.10 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Springfarm Close £ 000.00 KM
Fagus Avenue £ 360,00000.00 KM
Oreston Road £ 000.00 KM
Squadrons Approach £ 000.00 KM
Vincent Road £ 465,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Rainham (Essex)7454RNM3.19 KM
Emerson Park7473EMP4.51 KM
Upminster7464UPM5.08 KM
Purfleet7453PFL5.69 KM
Gidea Park6877GDP6.10 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lake Avenue, Rainham £ 425,000BUY5 / 100.06 KM
Lakefields Close, Rainham, RM13 £ 650,000BUY7 / 100.11 KM
Lake Avenue, Rainham £ 475,000BUY6 / 100.15 KM
Lake Avenue, Rainham £ 750,000BUY6 / 100.16 KM
Lakeside, Rainham £ 450,000BUY7 / 100.22 KM

Nearby Properties

AddressPriceDistance
111 Lake Avenue £ 450,0000.01 KM
128 Lake Avenue £ 280,0000.01 KM
130 Lake Avenue £ 85,0000.01 KM
126 Lake Avenue £ 290,0000.01 KM
115 Lake Avenue £ 229,0000.01 KM