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Grosvenor Road, Dagenham

London

£425,000
Listed on 10/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
753 sqft

Description

This three-bedroom home presents an opportunity for both comfortable living and renovation potential in a desirable London area. The ground floor features a generous through lounge that not only serves as a relaxing space but also offers ample room for entertaining guests. The kitchen, while functional and equipped with sufficient storage, could benefit from modern updates and has scope for extension, subject to obtaining planning permission. Upstairs, you will find three well-sized bedrooms that could easily accommodate a family or be transformed into a productive home office environment. The shared family bathroom is serviceable but may require some contemporary enhancements. Furthermore, the property holds the potential for a loft conversion (subject to planning approval), which would increase its value significantly by adding additional living space. Situated within walking distance of reputable schools, this home is ideal for families prioritizing education, while excellent public transport links facilitate convenient commuting. Local amenities provide easy access to shopping and leisure facilities, making this property an excellent investment opportunity for those looking to add value through refurbishment.

Investment Analysis

(RM8 area)

Above Market Value

This property is priced +25.9% above area average per sq ft

+25.9%
This Property
£564/sq ft
Area Average
£448/sq ft
Avg Rent (weekly)
£444
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£371,327
10% above area average per sq ft
Potential ROI
-20.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (RM8)

Area prices are rising by +4.8% over the last 12 months
3 year growth: +3.8%
5 year growth: +19.8%
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

Grosvenor Road, Dagenham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% 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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