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Dagenham Road, Rainham, RM13

London

£450,000
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1350 sqft

Description

This three-bedroom mid-terraced house presents a compelling opportunity for those looking to invest in a property with potential for personalization and improvement. The home boasts a well-maintained interior, with a welcoming entrance that opens into a bright living space suitable for relaxation or entertaining. A noteworthy extension at the rear has created an expansive open-plan kitchen and dining area, enhancing daily living and family interactions. Each of the three well-proportioned bedrooms receives ample natural light and offers a neutral base, ideal for customization to reflect your personal style. The property also features a spacious double garage, which not only provides secure parking but also holds significant potential for further development (subject to the necessary planning approvals), allowing future owners to adapt the space as their needs evolve. Although the house is move-in ready, there are opportunities to modernize certain aspects to boost its value further. Located near reputable schools and benefiting from excellent transport links via the A13, this residence is ideally situated amidst conveniences such as shops and leisure facilities. This combination of practical living space and future growth potential makes it an excellent choice for families or investors looking to establish themselves in a thriving community.

Investment Analysis

(RM13 area)

Below Market Value

This property is priced -23.9% below area average per sq ft

-23.9%
Potential saving
This Property
£333/sq ft
Area Average
£438/sq ft
Avg Rent (weekly)
£446
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£650,059
10% above area average per sq ft
Potential ROI
+31.3%
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
15%
Properties sold annually

Local Market Trend (RM13)

Area prices are rising by +4.4% over the last 12 months
3 year growth: +6.6%
5 year growth: +16.3%
Investment Disclaimer: Analysis based on RM13 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

Dagenham Road, Rainham, RM13
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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
£1,594
Based on a loan of £337,500 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.

Stamp Duty Calculator

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