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Sheldon Road, Dagenham

London

£220,000
Listed on 05/10/2025

Property Details

Bedrooms
1
Type
Flat
Area
560 sqft

Description

This first-floor one-bedroom maisonette presents a promising opportunity for renovation and investment, located just half a mile from Becontree District Line Tube Station. The property is being sold chain-free, making the acquisition process straightforward for potential buyers. While the unit currently requires some updates, it serves as a blank canvas for creative owners to personalize and enhance. Featuring gas central heating and double-glazing, the essentials are in place to ensure comfort while planning any improvements. One of the key advantages of this property is its own rear garden, providing outdoor space that is often hard to find in similar homes. Upon entering, you will find a lobby leading to the hallway, which includes a built-in cupboard and access to loft storage. The spacious lounge measures 4.09m x 3.58m and benefits from natural light through a uPVC window facing the front of the building. The kitchen, measuring 2.81m x 2.69m, features basic fixtures including wall units and a stainless steel sink unit with storage underneath, along with two additional built-in cupboards—ideal for maximizing storage options during any future remodel. The bedroom offers ample space at 3.63m x 3.09m with rear-facing uPVC windows letting in light, while the bathroom is equipped with essential amenities like a panel-enclosed bath and wash hand basin. This property represents an excellent investment opportunity not only due to its potential for enhancement but also because of its desirable location within easy reach of transport links and local amenities.

Investment Analysis

(RM9 area)

Below Market Value

This property is priced -16.7% below area average per sq ft

-16.7%
Potential saving
This Property
£393/sq ft
Area Average
£472/sq ft
Avg Rent (weekly)
£436
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£290,475
10% above area average per sq ft
Potential ROI
+18.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (RM9)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 0.4%
5 year growth: 20.2%
Investment Disclaimer: Analysis based on RM9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Sheldon Road, Dagenham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£806
Based on a loan of £165,000 over 30 years at 4.19% interest

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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE