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Billings Close, DAGENHAM

London

£205,000
Listed on 09/01/2026

Property Details

Bedrooms
1
Type
Semi-detached house

Description

This freehold bungalow presents a unique opportunity for investment or personal renovation. Located in a quiet cul-de-sac off Billing Close, it boasts proximity to local parks and essential transport links, including bus routes and the District line. The property is currently in need of modernisation, offering a blank canvas for those looking to create their ideal living space. The accommodation encompasses an entrance hall, a reception room, a kitchen, one bedroom, and a shower room/WC, spanning approximately 42m2 (451 sq ft). Outside features include front and rear gardens along with designated parking. Investors should note the potential for value enhancement through updates that can bring this bungalow up to contemporary standards. With full vacant possession available upon purchase, it's an excellent prospect for cash flow or long-term growth in an increasingly sought-after area. The EPC rating of C indicates decent energy efficiency levels as well. As such properties are becoming rare finds within London’s housing market, this is an appealing option for both first-time buyers looking to personalise their home or builders seeking a project with significant upside potential.

Investment Analysis

(RM9 area)
Area Average
£472/sq ft
Avg Rent (weekly)
£442
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (RM9)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 0.1%
5 year growth: 20.5%
Investment Disclaimer: Analysis based on RM9 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

Billings Close, 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
£751
Based on a loan of £153,750 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