The Otterham Park, Otterham Quay Lane, Rainham, Gillingham, ME8
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The Otterham Park, Otterham Quay Lane, Rainham, Gillingham, ME8

By Robinson Michael & Jackson

£ 234,995

Reviews

3 out of 5 stars

Robinson Michael & Jackson says ..

From £234,995 to £269,995 FREE SITE FEE'S TILL 2027 Set on the edge of the Medway town of Rainham in Kent, The Otterham Park is an exciting new development with a range of two bedrooms, two bathroom single-storey park home bungalows. *2 bedroom properties

Property Oracle says ..

This listing presents a modern, two-bedroom, two-bathroom park home bungalow situated in Rainham, Kent. The property is part of a new development, The Otterham Park. Based on the provided images, the interior is finished to a high standard, appearing contemporary and well-maintained. The photos show a modern kitchen and bathrooms, and generally pleasant living spaces. However, the significant limitation is the lack of land; the property is a park home with seemingly little or no garden space, and the site-specific information is unclear. This aspect may impact the overall appeal to many buyers. The listing’s proximity to Rainham station is a positive, providing convenient transport links. The proximity to several schools may also attract families or those looking for family-friendly neighbourhoods. However, detailed information regarding local shops and other amenities directly surrounding the development is not provided. The lack of information on the site fees and the terms of occupancy within this particular park home community further limits the ability for a comprehensive analysis of the property. The price seems competitive compared to some nearby listings, but requires further analysis to confirm whether this is a fair market price, given the context of a park home.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
2
Bedrooms
2
Bathrooms
2
Sqft (est)
882.27

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
357,000.00 £
Decreased by 27.35 %
from 491,406.00 £
Est sale value
388,198.80 £
Decreased by 38.63 %
from 632,587.59 £
Average area rental value
1,475.00 £/mo
Decreased by 37.50 %
from 2,360.00 £/mo
Est letting value
882.27 £/mo
Decreased by 66.67 %
from 2,646.81 £/mo
Est rental Yield
4.96 %
Decreased by 13.89 %
from 5.76 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Robinson Michael & Jackson created the listing.

Nearby Schools

NameTypeOfstedDistance
Riverside Children'S CentreChildren's Centre1.43 KM
Riverside Primary SchoolAcademy ConverterGood1.52 KM
Leigh Academy RainhamFree Schools1.58 KM
Holywell Primary SchoolAcademy Converter2.36 KM
St Margaret'S Church Of England Junior SchoolAcademy ConverterGood3.07 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Lower Rainham Road £ 000.00 KM
Old Farndale £ 000.00 KM
Hop Garden Close £ 000.00 KM
Cherry Orchard Drive £ 000.00 KM
Fruit Fields Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Rainham (Kent)5177RAI2.15 KM
Newington5175NGT5.09 KM
Gillingham (Kent)5169GLM8.77 KM

Nearby Properties

AddressPriceDistance
110 Horsham Lane £ 277,0000.57 KM
104 Horsham Lane £ 585,0000.57 KM
126 Horsham Lane £ 290,0000.57 KM
106 Horsham Lane £ 775,0000.57 KM
108 Horsham Lane £ 355,0000.57 KM