3 Bed Terraced House, Single Let, Hornchurch, RM12 4EY, £500,000

Upper Rainham Road, Hornchurch, RM12 4EY - a month ago

BTL
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£250K - £540K
Sold Prices/m²£3.2K/m² - £6.9K/m²

 

 

Square Metres

~93 m²
Price/m²£5.4K/m²

Value Estimate

£470,602

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£41,200

Total Cash In

£166,200

 

 

Cash Out

 

Rent Range

£1,500 - £2,500

Rent Estimate

£1,850

Running Costs/mo

£1,953

Cashflow/mo

£-102

Cashflow/yr

£-1,230

Gross Yield

4%

Local Sold Prices

50 sold prices from £250K to £540K, average is £421K. £3.2K/m² to £6.9K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£455K12/220.04 mi257, Upper Rainham Road, Hornchurch, Greater London RM12 4EY3
£410K04/210.04 mi76, Acacia Avenue, Hornchurch, Greater London RM12 4EN3
£440K08/210.05 mi36, Acacia Avenue, Hornchurch, Greater London RM12 4EN3
£388K03/210.05 mi78, Acacia Avenue, Hornchurch, Greater London RM12 4EN3
£405K04/210.07 mi137, Laburnum Avenue, Hornchurch, Greater London RM12 4EX3
£370K04/210.07 mi39, Acacia Avenue, Hornchurch, Greater London RM12 4EW3
£426K12/200.12 mi4, Chestnut Glen, Hornchurch, Greater London RM12 4HL3
£384.4K11/200.13 mi131, Laburnum Avenue, Hornchurch, Greater London RM12 4HF3
£355K03/210.13 mi125, Laburnum Avenue, Hornchurch, Greater London RM12 4HF3
£420K06/210.13 mi76, Laburnum Avenue, Hornchurch, Greater London RM12 4HA3
£400K05/230.15 mi20, Laburnum Avenue, Hornchurch, Greater London RM12 4HA3
£465K10/230.15 mi112, Laburnum Avenue, Hornchurch, Greater London RM12 4HA3
£460K06/210.15 mi102, Laburnum Avenue, Hornchurch, Greater London RM12 4HA3
£430K08/230.18 mi42, Chestnut Avenue, Hornchurch, Greater London RM12 4HN3
£250K06/210.18 mi8, Chestnut Avenue, Hornchurch, Greater London RM12 4HW3
£468K09/230.18 mi22, Chestnut Avenue, Hornchurch, Greater London RM12 4HN3
£400K01/210.18 mi50, Chestnut Avenue, Hornchurch, Greater London RM12 4HJ3
£347K08/230.19 mi37, Laburnum Avenue, Hornchurch, Greater London RM12 4HE3
£460K10/230.19 mi86, Bancroft Chase, Hornchurch, Greater London RM12 4DR3
£400K12/200.21 mi9, Laburnum Avenue, Hornchurch, Greater London RM12 4HE3
£500K01/240.21 mi76a, Chestnut Avenue, Hornchurch, Greater London RM12 4HJ3
£525K12/200.21 mi128, Saunton Road, Hornchurch, Greater London RM12 4HB3
£540K10/230.21 mi86, Saunton Road, Hornchurch, Greater London RM12 4HB3
£445K10/230.22 mi24, Milton Avenue, Hornchurch, Greater London RM12 4BW3
£409.4K04/230.22 mi18, Milton Avenue, Hornchurch, Greater London RM12 4BW3
£427K06/210.23 mi58, Milton Avenue, Hornchurch, Greater London RM12 4BW3
£495K06/210.24 mi123, Saunton Road, Hornchurch, Greater London RM12 4HQ3
£400K08/210.26 mi119, Upper Rainham Road, Hornchurch, Greater London RM12 4EF3
£330K11/200.26 mi107, Upper Rainham Road, Hornchurch, Greater London RM12 4EF3
£425K07/230.26 mi117, Upper Rainham Road, Hornchurch, Greater London RM12 4EF3
£450K07/230.29 mi29, Tennyson Way, Hornchurch, Greater London RM12 4BU3
£415K09/230.29 mi3, Tennyson Way, Hornchurch, Greater London RM12 4BU3
£492K12/220.31 mi35, Gordon Avenue, Hornchurch, Greater London RM12 4EA3
£410K12/200.32 mi29, Gordon Avenue, Hornchurch, Greater London RM12 4EA3
£465K07/240.33 mi25, Shelley Avenue, Hornchurch, Greater London RM12 4BT3
£405K05/240.33 mi28, Shelley Avenue, Hornchurch, Greater London RM12 4BT3
£412K10/200.34 mi106, Eastbrook Drive, Rush Green, Romford, Greater London RM7 0YU3
£310K02/210.34 mi156, Eastbrook Drive, Rush Green, Romford, Greater London RM7 0YU3
£422K03/210.35 mi118, Grenfell Avenue, Hornchurch, Greater London RM12 4DS3
£413.5K12/200.35 mi101, Grenfell Avenue, Hornchurch, Greater London RM12 4DS3
£460K06/210.35 mi98, Grenfell Avenue, Hornchurch, Greater London RM12 4DS3
£465K11/230.35 mi103, Grenfell Avenue, Hornchurch, Greater London RM12 4DS3
£476K11/210.35 mi249, Warren Drive, Hornchurch, Greater London RM12 4PL3
£445K06/230.36 mi7, Broadstone Road, Hornchurch, Greater London RM12 4AH3
£385K07/230.36 mi14, Broadstone Road, Hornchurch, Greater London RM12 4AH3
£470K03/230.36 mi51, Broadstone Road, Hornchurch, Greater London RM12 4AH3
£405K02/230.36 mi50, Great Cullings, Rush Green, Romford, Greater London RM7 0YL3
£365K05/210.36 mi72, Great Cullings, Rush Green, Romford, Greater London RM7 0YL3
£400K06/230.36 mi80, Great Cullings, Rush Green, Romford, Greater London RM7 0YL3
£428K07/230.38 mi289, Warren Drive, Hornchurch, Greater London RM12 4PW3

Local Rents

19 rents from £1.5K/mo to £2.5K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,40003/250.01 mi-3
£2,40012/240.22 mi-3
£2,30004/250.36 mi-3
£2,30003/250.4 mi-3
£2,20004/250.4 mi-3
£2,30003/250.41 mi-3
£1,85008/240.45 miEastbrook Drive, Romford3
£2,10012/240.47 mi-3
£1,86008/240.47 miApollo Close, Hornchurch, RM123
£2,50012/240.48 mi-3
£2,40007/240.51 mi-3
£2,25008/240.52 miElm Park Avenue, Hornchurch, Essex, Hornchurch, Essex, RM123
£2,00008/240.53 miElm Park3
£1,85008/240.56 miMidhurst Close, Hornchurch3
£1,50007/240.61 miThe Broadway, Hornchurch, London, RM123
£2,10007/240.61 mi-3
£2,15003/250.61 mi-3
£2,10007/240.62 mi-3
£2,10007/240.62 mi-3

Local Area Statistics

Population in RM12

34,603

Population in Hornchurch

65,974

Town centre distance

1.13 miles away

Nearest school

0.40 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Price changed to £500,000

April 1, 2025

Listed for £525,000

March 11, 2025

Description

  • NO ONWARD CHAIN +
  • THREE BEDROOMS +
  • OFF STREET PARKING +
  • END OF TERRACE +
  • EXTENSION +
  • EASY ACCESS TO ELM PARK STATION +

This spacious three-bedroom end-of-terrace house, located on Upper Rainham Road, RM12, offers a fantastic opportunity for a family home with great potential. Benefiting from a double-storey side extension and a further extension to the rear, this property provides generous living space for a growing family.

The property includes off-street parking and a garage to the rear, offering convenient parking and additional storage options. The location is ideal, with easy access to Elm Park Station, local shops, schools, and a variety of amenities, making it perfect for family living.

While the property does require updating, it presents an excellent opportunity to transform it into your dream home. With its spacious layout, off-street parking, and prime location, this home is not to be missed.

Agent Details

haart, Hornchurch

01708 973303

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪