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Wood Lane, Dagenham RM8

London

£575,000
Listed on 19/04/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1506 sqft

Description

This semi-detached house features four well-proportioned bedrooms and offers significant scope for renovation and extension, ideally located near Becontree Station and local amenities. The property currently provides ample living space with a bright living room, kitchen, dining area, and a conservatory that opens to an easily manageable rear garden. There is also an outbuilding which presents an opportunity for conversion into a gym, office, or playroom. While the home is move-in ready and has been well-maintained, its spacious layout allows for configuration as a 4/5 bedroom residence, making it particularly appealing for larger families or investors looking to add value through further development (subject to planning permissions). The first floor accommodates four bedrooms alongside a shower room, providing flexibility in use. This residence not only meets current living needs but also serves as a promising canvas for future enhancements or investment gain.

Investment Analysis

(RM8 area)

Below Market Value

This property is priced -14.9% below area average per sq ft

-14.9%
Potential saving
This Property
£382/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£435
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£742,985
10% above area average per sq ft
Potential ROI
+19.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (RM8)

Area prices are rising by +5.2% over the last 12 months
3 year growth: +4.2%
5 year growth: +20.1%
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

Wood Lane, Dagenham RM8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,037
Based on a loan of £431,250 over 30 years at 3.91% 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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