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Margery Road, Dagenham

London

£360,000
Listed on 25/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
646 sqft

Description

This property presents a remarkable opportunity for those looking to invest in a home that is ripe for renovation. Offered without a chain, it allows the new owner to infuse their personal style and creativity into the space. While the house does require updates, its layout and features provide a solid foundation for modernization. The ground floor includes one reception room and a kitchen, alongside a bathroom. On the first floor, you will find three well-proportioned bedrooms and a separate water closet. Each of these areas is an opportunity for enhancement—whether it involves upgrading fixtures in the kitchen, reimagining the bathroom, or refreshing the decor throughout. The rear garden is particularly noteworthy as it offers ample space for transformation. With some vision and effort, it can be converted into an inviting outdoor oasis ideal for relaxation or entertaining. The front garden also includes off-street parking, adding practical value to the property. Situated in Dagenham, this home benefits from excellent transport links and an abundance of local amenities such as shops, schools, parks, and recreational facilities. This makes it not only appealing for personal living but also presents great potential for rental investment or reselling after renovations. Overall, this property is an excellent blank slate—one that promises considerable returns with thoughtful improvements. Viewing is encouraged to fully appreciate its potential.

Investment Analysis

(RM8 area)

Above Market Value

This property is priced +23.8% above area average per sq ft

+23.8%
This Property
£557/sq ft
Area Average
£450/sq ft
Avg Rent (weekly)
£442
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£319,877
10% above area average per sq ft
Potential ROI
-20.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (RM8)

Area prices are rising by +4.3% over the last 12 months
3 year growth: 4.3%
5 year growth: 19.6%
Investment Disclaimer: Analysis based on RM8 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

Margery 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
£1,319
Based on a loan of £270,000 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