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Penrith Crescent, Rainham

PROPERTY TYPE

End of Terrace

BEDROOMS

3

BATHROOMS

1

SIZE

1,052 sq ft

98 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Substantial Corner Plot
  • Potential for an Additional Residential Dwelling (STPP)
  • Three-Bedroom End-of-Terrace House
  • Generous Side Garden with Road Frontage
  • Excellent Development and Investment Opportunity
  • House, Land and Garage Sold Together
  • Established Residential Location
  • Ideal for Developers, Investors and Builders
  • Quiet residential area
  • Detached Double Garage

Description

THREE-BEDROOM END-OF-TERRACE HOUSE WITH SUBSTANTIAL CORNER PLOT, DETACHED DOUBLE GARAGE & DEVELOPMENT POTENTIAL (STPP)
An exciting opportunity to acquire this three-bedroom end-of-terrace house, occupying a generous corner plot with significant potential for the construction of an additional residential dwelling, subject to the necessary planning permission. Situated in an established residential location in Rainham, the property benefits from an extensive side garden with road frontage, presenting an attractive opportunity for developers, investors and purchasers looking to maximise the potential of the site.

An exciting opportunity to acquire this three-bedroom end-of-terrace house, occupying a generous corner plot with significant potential for the construction of an additional residential dwelling, subject to the necessary planning permission.

Situated in an established residential location in Rainham, the property benefits from an extensive side garden with road frontage, presenting an attractive opportunity for developers, investors and purchasers looking to maximise the potential of the site.

The sale includes both the existing three-bedroom house and the adjoining land, offering the possibility of retaining and improving the current property whilst exploring the creation of a separate residential building plot.

The existing house also offers scope for modernisation and improvement, providing further potential to add value.
Development Potential

The property's prominent corner position and generous side garden provide an opportunity to explore the construction of an additional residential dwelling, subject to obtaining the necessary planning permission and relevant consents.

The road frontage may offer potential for independent access to a new dwelling, subject to the appropriate approvals.

Prospective purchasers are advised to make their own enquiries with the local planning authority regarding the feasibility of any proposed development.

Early viewing is highly recommended to appreciate the size of the plot and the potential this property has to offer.

Brochures

Penrith Crescent, Rainham
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Garage
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Penrith Crescent, Rainham

Approximate location

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Affordability

Monthly repayments£2,249
Property: £ 450,000
Deposit: £ 45,000
Interest rate: 5.3%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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52 Grosvenor Gardens London SW1W 0AU

Icon Residential is an agency that offers Property Sales, Short Term and Long Term Letting and Property Management Services of the highest standard. We take a fresh approach, offering superior client service to landlords, corporate housing departments, individual tenants and buyers and sellers of property. If you're thinking of renting, buying or selling make sure you call us for the best possible advice.

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Disclaimer - Property reference 35035098. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Icon Residential, London - Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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