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Wood Lane, Dagenham

London

£550,000

Listed on 30/03/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1275 sqft

Description

This semi-detached house offers an expansive four-bedroom layout, providing a solid foundation for both family living and future investment opportunities. Located conveniently near Becontree Station and various amenities, the property features side access and a generous garden with an outbuilding that could be transformed into additional usable space such as a home office or gym, enhancing its value. The interior includes a bright living room, kitchen, dining area, and conservatory—all of which are conducive to modern open-plan living. The first floor houses four well-sized bedrooms and a shower room. While the property is in move-in condition, there remains significant potential for renovation or extension (subject to planning approval) to increase both space and market appeal, making it an attractive option for investors or homeowners looking to personalize their residence.

Investment Analysis

(RM8 area)

Below Market Value

This property is priced -4.1% below area average per sq ft

-4.1%
Potential saving
This Property
£431/sq ft
Area Average
£450/sq ft
Avg Rent (weekly)
£425
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£631,125
10% above area average per sq ft
Potential ROI
+5.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (RM8)

Area prices are rising by +4.9% over the last 12 months
3 year growth: +3.9%
5 year growth: +20.1%
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

Wood Lane, Dagenham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,962
Based on a loan of £412,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-4.3% since listed
£550,000£25,000(-4.3%)
24/04/2026
Current price
£575,000Initial listing
31/03/2026

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