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New Road, Dagenham, RM10

London

£450,000

Listed on 18/07/2026

Property details

Bedrooms
4
Type
Terraced
Area
1240 sqft

Description

This original four-bedroom family home presents a distinctive opportunity for buyers interested in renovation and investment. With generously proportioned rooms throughout, the property comes with significant potential to extend, either to the rear or into the loft space, subject to the necessary planning approvals. Offered with vacant possession and no onward chain, it is ideal for those looking to make a swift purchase and tailor the space to their personal taste. The home boasts a welcoming entrance porch that leads into a spacious hallway. The living room at the front features a charming chimney breast, laminate flooring, and large windows that ensure ample natural light. At the rear, you'll find an excellent-sized kitchen equipped with plenty of cabinetry and room for dining—a perfect canvas for modernization. Adjacent to the kitchen is a conservatory that enhances versatility as an additional lounge or home office. Upstairs, four well-sized bedrooms await, along with a family bathroom. Each bedroom benefits from attractive laminate flooring while offering opportunities for personal touches. The external area includes an easily manageable rear garden designed primarily with artificial lawn and patio space. Although some cosmetic updates are needed throughout, this property offers not only immediate comfort but also long-term investment potential due to its size and layout. With local amenities and transport links close by, this could be an ideal project for first-time buyers or investors seeking a buy-to-let opportunity.

Investment analysis

(RM10 area)

Below Market Value

This property is priced -17.7% below area average per sq ft

-17.7%
Potential saving
This Property
£363/sq ft
Area Average
£441/sq ft
Avg Rent (weekly)
£431
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£601,388
10% above area average per sq ft
Potential ROI
+22.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM10)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +1.0%
5 year growth: +16.0%
Investment Disclaimer: Analysis based on RM10 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

New Road, Dagenham, RM10
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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
£1,700
Based on a loan of £337,500 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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