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Sheldon Road, Dagenham RM9

London

£220,000
Listed on 17/09/2025

Property Details

Bedrooms
1
Type
Flat
Area
560 sqft

Description

This first-floor one-bedroom maisonette presents a valuable opportunity for renovation and investment. Located within half a mile of Becontree District Line Tube Station, the property is conveniently positioned for easy access to public transport and local amenities, making it an appealing choice for commuters and urban dwellers alike. The interior offers a flexible layout that invites creativity. While the space requires updating, it serves as a blank canvas for potential buyers to personalize according to their preferences. The living area features a front-facing UPVC window that allows natural light to flow in, creating a welcoming atmosphere. In addition, the kitchen includes essential elements such as wall units and a stainless steel sink, along with two built-in storage cupboards. This space can be reimagined into a modern culinary hub with thoughtful design. The bedroom is generously sized and also benefits from an unobstructed view through its rear-facing UPVC window. With some renovations, this room could become a tranquil retreat. The bathroom includes standard fixtures like a panel-enclosed bath and high flush WC but could easily be refreshed to meet contemporary standards. Additional advantages include gas central heating and double glazing throughout the property, contributing to comfort year-round. A private rear garden offers outdoor space that could be enhanced for personal enjoyment or further development. With its strategic location and renovation potential, this maisonette represents an excellent prospect for those looking to invest in property or create their ideal living space.

Investment Analysis

(RM9 area)

Below Market Value

This property is priced -16.3% below area average per sq ft

-16.3%
Potential saving
This Property
£393/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£450
Avg Yield
6.1%

Renovation Potential

Est. Renovation Cost
£22,000 - £55,000
10-25% of property value
Target Value
£289,150
10% above area average per sq ft
Potential ROI
+5.1%
After renovation
Monthly Sales
21
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (RM9)

Area prices are rising by +3.7% over the last 12 months
3 year growth: 4.0%
5 year growth: 20.8%
Investment Disclaimer: Analysis based on RM9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Sheldon Road, Dagenham RM9
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