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See how verdicts work4-bedroom terraced house · ME8 8ND
No longer listedReduced £35k (−9.7%) on 14 SepListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ever-popular Otterham Quay Lane in Rainham, this substantial four double bedroom end-of-terrace family home offers an impressive 1,378 sq. Ft.
Of versatile living accommodation arranged over three floors.
Combining generous living space, excellent parking, and a highly convenient location, this is a fantastic opportunity for growing families and commuters alike.
The ground floor welcomes you with a spacious entrance hall leading into a bright and airy open-plan lounge and dining room, creating the perfect space for both everyday family life and entertaining guests.
To the rear, a separate conservatory provides an additional reception area overlooking the garden, making it an ideal place to relax all year round.
Across the upper floors, you'll find four genuine double bedrooms, offering flexible accommodation for larger families, home working, or visiting guests.
The family bathroom is well-proportioned, while the generous layout throughout provides excellent potential for buyers looking to personalise their next home.
Externally, the property continues to impress. The rear garden benefits from double gates, allowing vehicles to be parked securely within the garden if required.
In addition, there is a garage with power and lighting accessed from the rear, together with a parking space directly in front.
As an end-of-terrace property, there is also the added benefit of side access to the garden.
The property is offered to the market with no onward chain and is currently tenanted, making it suitable for both owner-occupiers looking for a straightforward purchase and investors seeking an established rental opportunity.
Otterham Quay Lane is one of Rainham's most convenient residential locations, offering an excellent balance between family living and commuter convenience.
Rainham railway station is within easy walking distance, providing direct services into London, making it ideal for those travelling into the City.
Families are particularly well catered for, with a selection of well-regarded primary and secondary schools nearby, along with parks, leisure facilities, and a variety of local shops, supermarkets, cafés and everyday amenities all within walking distance.
The area also offers excellent road connections via the A2, M2 and M25, making travel throughout Kent and into London straightforward.
With its generous proportions, four double bedrooms, excellent parking, no onward chain, and sought-after location close to transport links and local amenities, this impressive home is one that must be viewed to fully appreciate everything it has to offer.
Key terms Discover the allure of Rainham and Gillingham, nestled in the heart of the Medway Towns.
These neighbouring communities offer a unique blend of tranquillity and convenience, with picturesque landscapes and excellent transport links, including direct train services to London city centre.
Residents benefit from a variety of shopping destinations such as Hempstead Valley Shopping Centre and Gillingham Business Retail Park, along with a plethora of local pubs and restaurants to enjoy.
Both towns boast well-respected schools, including Rainham Mark Grammar, ensuring quality education for families.
Moreover, Rainham and Gillingham provide ample open space and recreational facilities, including Capstone Country Park, Berengrave Nature Reserve, Riverside Country Park, the Planet Ice Skating Rink, the Ski & Snowboard Centre, and Great Lines Heritage Park.
This abundance of amenities caters to diverse interests and lifestyles, making these towns not just places to live, but communities to thrive in.
Entrance Porch (3' 1" x 6' 8" (0.937m x 2.024m)) Double glazed door and window to front. Tiled floor. Entrance Hall (6' 1" x 10' 5" (1.86m x 3.172m)) Single glazed door to front, Shelving area.
Carpeted stairs to first floor. Laminate flooring. Lounge (15' 9" x 18' 1" (4.797m x 5.508m)) Double glazed window to side. Double glazed french doors to rear. Fireplace. Spotlights.
Laminate flooring. Two radiators. Kitchen (10' 0" x 9' 2" (3.05m x 2.805m)) Double glazed window to rear. Range of wall and base units with worktop over. Enclosed combi boiler. Space for appliances.
Tile flooring and backsplash. Utility (5' 3" x 5' 0" (1.596m x 1.536m)) Double glazed door to rear. Double glazed window to side. Pwer and lighting. Tiled flooring.
Conservatory (9' 6" x 9' 8" (2.897m x 2.95m)) Double glazed french doors to front and rear. Two double glazed windows to side. Laminate flooring. Heating.
Landing (6' 2" x 19' 3" (1.872m x 5.872m)) Double glazed window to rear. Understairs storage. Carpeted stairs to second floor. Carpet. Radiator.
Bedroom Three (11' 8" x 11' 2" (3.551m x 3.413m)) Double glazed window to rear. Carpet. Radiator. Bedroom Four (12' 8" x 11' 2" (3.864m x 3.4m)) Double glazed window to front. Built in storage.
Carpet. Radiator. Bathroom (6' 1" x 9' 5" (1.853m x 2.87m)) Double glazed window to front. Wall mounted low level WC. Wall mounted wash hand basin. Tile panelled bath with shower over.
Tiled walls and flooring. Bedroom One (9' 3" x 13' 4" (2.825m x 4.067m)) Situated on the second floor. Double glazed window to rear. Carpet. Radiator.
Bedroom Two (9' 4" x 13' 0" (2.833m x 3.961m)) Situated on the second floor. Double glazed window to front. Built in storage. Carpet. Radiator.
Rear Garden Concreated patio area with steps leading down to raised landscaped boarders. Access to garage. Pedestrian access through double wooden gates at the rear.
Garage (17' 6" x 8' 6" (5.323m x 2.582m)) Up and over garage door. Power and lighting. Concrete floor.
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.
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FAQ
About 29, Otterham Quay Lane, Gillingham
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