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Valence Avenue, Dagenham

London

£400,000

Listed on 26/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
892 sqft

Description

This 2-bedroom terraced house presents a strategic opportunity for investors and renovators alike, situated within a short walking distance from Chadwell Heath Station, offering swift connections into Central London via the Elizabeth Line. The property is also conveniently located near local bus routes that facilitate easy access to Romford Town Centre, known for its diverse shopping options and amenities. The approximate 26' x 13'5 private rear garden holds significant potential for extension (subject to planning permissions), ideal for those looking to enhance living space or outdoor enjoyment. Additionally, the sizeable driveway measuring approximately 18' x 17'1 provides off-street parking for multiple vehicles, a rare find in urban settings. Inside, the layout includes a spacious living room of 15'10 x 10'10, a separate dining room at 10'10 x 9'10, along with a fitted kitchen and a conservatory measuring 13'5 x 9'10 that offers scope for modernisation or reconfiguration. The two well-sized bedrooms are complemented by a first-floor bathroom/WC. Other features include gas central heating (untested) and double glazing. This property is an ideal canvas for refurbishing, making it well-suited for those seeking to add value through renovation.

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Investment analysis

(RM8 area)

Below Market Value

This property is priced -0.1% below area average per sq ft

-0.1%
Potential saving
This Property
£448/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£435
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£440,363
10% above area average per sq ft
Potential ROI
+0.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (RM8)

Area prices are rising by +5.0% over the last 12 months
3 year growth: +3.4%
5 year growth: +19.6%
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

Valence Avenue, Dagenham
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £300,000 over 30 years at 4.45% 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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