Bond Road, Rainham, ME8 9JJ

2-bedroom flat · ME8 9JJ

785 sq ft1 bath

Asking

£190,000

Sold STCListed 70 days

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Opportunity summary

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About

The property

Guide Price £190,000 - £200,000 FTB & Downsizers Alike Will Be Impressed By All That’s On Offer In This Purpose Built 2-Bedroom Flat.

The Generous Living Space Consists Of A Spacious Lounge And Light & Airy Kitchen/Diner, 2 Bedrooms And A Bathroom Complete The Picture Internally.

Outside The Property Is Located On Communal Gardens And Has A Garage Close At Hand. Enjoy A Seamless Purchasing Process Without Any Onward Chain.

This Means You Can Move Into Your Dream Home Without Any Unnecessary Delays. The Lease Has Been Extended and Has 153 Years Remaining Giving Maximum Scope For Mortgage Lending.

The Popular And Convenient Location Means You Are Well Placed For Accessing Local Shops, The Medical Centre & Local Bus Routes.

Rainham With Its Town Centre & Mainline Railway Station, The M2 Motorway And Hempstead Valley Shopping Centre Are All A Short Drive Away.

This Purpose-Built First-Floor Flat Offers Everything You Need, From Ample Space To A Sought-After Location. This Is A Home Which Is Ready To Move In, Unpack & Enjoy!

Refurbished In 2023 With New Carpets, New Storage Heaters & A Full Redecoration, in 2024 The Immersion Heater & Pump Was Replaced.

In 2020 The Lease Was Extended & Currently This Has 153 Years Remaining. All These Improvements Mean That This A Home That Is Ready To Move In, Unpack & Enjoy!

A Purpose Built Flat With 2 Bedrooms, Generous Living Space, Garage En Bloc & No Onwards Chain! View By Appointment To Truly Appreciate The Charm And Potential Of This Flat.

Don't Miss Out On The Opportunity To See This Property For Yourself! Sellers Notes on Recent Improvements .

In January 2023 extensive refurbishments were made including: - New carpets - Brand new storage heaters - Full paint work A new immersion heater and water pump was installed in 2024 The lease was extended in 2020 LEASE DETAILS 189 years commencing June 1989 (153 Years Remaining) Ground Rent: 0 Maintenance Charge: £98 pcm Parkwood Is A Popular Area In Rainham And Has Its Own Shopping Precinct With A Wealth Of Local Shops & Takeaways, Local Bus Routes & A Doctor’s Surgery.

A Short Drive Will Take You To Hempstead Valley Shopping Centre Or Out On To The M2 Motorway. Parkwood Is A Popular Area For FTB & Families Alike. MEASUREMENTS All Measurements Are Approximate.

These sales particulars have been prepared by Jacksons Estate Agents upon the instructions of the vendor(s).

Services, fittings, and equipment referred to within the sales particulars have not been tested and no warranties can be given.

Accordingly, the prospective buyer(s) must make their own enquiries regarding such matters. The measurements for the floor space have been taken from the information on the EPC.

ADDITIONAL SERVICES To enable you to budget for your move, we can provide you with a complete breakdown of all expenses associated with moving, including legal fees, survey fees, early repayment charges, removal fees and all aspects of mortgage charges.

Key information

Price per sq ft

£242/sq ft

Based on 785 sq ft (73 sq m)

Floor area

785 sq ft (73 sq m)

Council tax band

Band B

Estimated ~£1,400/year

Tenure

Leasehold

Local authority

Medway

Unitary Authority

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

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Rent evidence

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Local SA Market

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Archie refurb estimate: a Pro feature

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Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market70 days

8/25

—

Seller motivation

Not scored yet

Days on market70

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £190,00014 Aug 2026

Still activeDay 70 on marketToday

Strategy fit

No strategy scores available yet.

Article 4Not verified - check with the council

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.