2-bedroom flat · ME8 8BL
For saleReduced £20k (−9.1%) on 20 JunListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious Two Bedroom Ground Floor Flat with Garden - Scott Avenue, Rainham Offered for sale is this well-proportioned two bedroom ground floor flat, conveniently located in the popular Scott Avenue area of Rainham.
The accommodation comprises a generous lounge/diner, a fitted kitchen, two bedrooms, and a bathroom, all arranged on the ground floor.
Externally, the property further benefits from a private garden, ideal for outdoor seating, entertaining, or low-maintenance enjoyment.
Additional features include electric storage heating, double glazing, and an En-bloc garage, providing valuable parking or storage.
Ideally positioned close to local shops and amenities, the property also offers excellent transport links with Rainham Station within easy reach, making it an attractive option for first-time buyers, downsizers, or investors.
Lease Information: The property benefits from a long lease of approximately 130 years remaining. There is no service charge or ground rent payable.
Buildings insurance is arranged separately and is payable annually, with the most recent premium being approximately £625 per annum (due each December).
Dimensions Lounge / Diner 5.3m x 4.3m (17'4" x 14'2") Kitchen 3.9m x 1.9m (12'9" x 6'2") Bedroom 1 3.9m x 3.3m (12'10" x 10'8") Bedroom 2 3.3m x 2.6m (10'8" x 8'8") Bathroom 2.41m x 1.27m (7'11 x 4'2) Garden 9.14m x 4.57m (30' x 15')
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 57, Scott Avenue, Rainham
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