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Alibon Road, Dagenham

London

£375,000
Listed on 22/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom family home presents a compelling opportunity for renovation and investment, situated conveniently just off The Heathway. Its proximity to Dagenham Heathway District Line Tube Station ensures easy access to public transport, making it attractive for commuters. Additionally, local shopping options and schools are within close reach, enhancing its appeal for families. The property features a traditional layout with two reception rooms on the ground floor, providing distinct living spaces that could be updated or reconfigured according to modern preferences. The kitchen, while functional with fitted units and necessary appliances, offers potential for enhancement or an expansion into a more open-plan design. Upstairs, the two bedrooms benefit from natural light through large uPVC double-glazed windows. Both rooms feature charming cast iron fireplaces, adding character while also inviting future modernization. A wet room is located on this level, which could be upgraded to match contemporary standards or transformed into a full bathroom if desired. A notable highlight of this property is the expansive rear garden, approximately 100 feet long. This outdoor space offers ample scope for extension (subject to planning permission), allowing you to expand the living area or create an outdoor oasis tailored to your needs. With gas-fired central heating already in place and storage solutions across both levels, this home provides a practical foundation while presenting various avenues for improvement and personalization. Whether you're looking to make this space your own or consider it as a rental investment, the potential here is substantial.

Investment Analysis

(RM10 area)
Area Average
£445/sq ft
Avg Rent (weekly)
£450
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
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
17%
Properties sold annually

Local Market Trend (RM10)

Area prices are stable by +0.1% over the last 12 months
3 year growth: 1.2%
5 year growth: 16.5%
Investment Disclaimer: Analysis based on RM10 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

Alibon 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
£1,374
Based on a loan of £281,250 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