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Langley Crescent, Dagenham RM9 - Image 9
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Langley Crescent, Dagenham RM9

London

£400,000
Listed on 25/07/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
745 sqft

Description

This two-bedroom terraced house presents an excellent opportunity for renovation and potential investment. The property features a generous private rear garden measuring approximately 60 feet by 18 feet, complemented by a sizable shed of 12'4" x 11'4". Additionally, the driveway provides parking space for multiple vehicles, with dimensions of about 19' x 18'. Inside, the layout includes a reception room of 10'6" x 8'9", offering comfortable living space, alongside a separate dining room measuring 13'4" x 10'8". The fitted kitchen is practical and functional, while the first-floor bathroom/WC provides essential amenities. With gas central heating and double glazing already in place, the property ensures warmth and efficiency. Located near Becontree station on the District line, this home offers convenient access to central London, making it attractive for commuters. The area benefits from various local amenities and green spaces, enhancing its appeal for both residents and prospective tenants. There is ample scope for improvement or expansion of the current footprint (subject to obtaining planning permission), making this property an enticing project for those looking to invest or create their ideal home. Furthermore, being offered chain-free could streamline the purchasing process.

Investment Analysis

(RM9 area)

Above Market Value

This property is priced +14.4% above area average per sq ft

+14.4%
This Property
£537/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£450
Avg Yield
6.1%

Renovation Potential

Est. Renovation Cost
£40,000 - £100,000
10-25% of property value
Target Value
£384,673
10% above area average per sq ft
Potential ROI
-23.1%
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

Langley Crescent, Dagenham RM9
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