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Lindsey Road, RM8

London

£390,000
Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
922 sqft

Description

This three-bedroom property on Lindsey Road offers a blank canvas for renovation enthusiasts and investors looking to capitalize on its potential in the RM8 area. The house, which spans over 900 square feet, requires comprehensive refurbishment throughout, allowing new owners the opportunity to tailor finishes and layouts to their preferences. The ground floor features a reception room at the front and a separate kitchen at the rear, accompanied by a WC conveniently located off the hallway. Upstairs, you'll find three bedrooms along with a family bathroom. A generous private garden extends approximately 80ft, presenting possibilities for extension or reconfiguration pending planning approval. Located in the well-established Dagenham area, this property is within easy reach of Dagenham East and Becontree stations, providing direct transport links to Barking, Upminster, and Central London. This is an ideal prospect for developers or owner-occupiers eager to unlock value through thoughtful improvements.

Investment Analysis

(RM8 area)

Below Market Value

This property is priced -5.7% below area average per sq ft

-5.7%
Potential saving
This Property
£423/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£435
Avg Yield
5.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£454,869
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
23
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (RM8)

Area prices are rising by +5.2% over the last 12 months
3 year growth: +4.2%
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

Lindsey Road, RM8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,381
Based on a loan of £292,500 over 30 years at 3.91% 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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