3 Bed Terraced House For Sale Grafton Gardens, Dagenham, RM8

£325,000- Terraced

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Last Updated: 23rd May 2024

Description

Welcome to this three-bedroom mid-terraced house located on Green Lane, a prime location within just one mile of Chadwell Heath Station. This property presents a fantastic investment opportunity, especially suited for buy-to-let buyers looking to capitalize on the area’s rental demand. Currently tenanted, the house offers an immediate income stream while providing potential for future renovations to further enhance its value and appeal.

As you step through the front door, you are welcomed into a spacious living room, characterized by ample natural light and a versatile layout. The living room offers plenty of space for comfortable seating and entertainment setups, making it an ideal spot for relaxation and socializing.

Adjacent to the living room is the kitchen, which, while requiring some modern updates, is functionally laid out with ample counter and storage space. This area provides a solid foundation for transformation into a contemporary culinary haven, perfect for future tenants who enjoy cooking and dining at home.

Connected to the kitchen is a utility room, adding valuable extra space for laundry appliances and additional storage. This practical area helps keep the kitchen uncluttered and can be tailored to meet various household needs.

The ground floor also features a conveniently located bathroom. While this space may benefit from modernization, it currently offers essential amenities including a bathtub, toilet, and sink. Updating this bathroom could significantly increase the property's attractiveness to potential tenants.

The first bedroom, situated at the front of the house, is generously sized and filled with natural light from large windows. This room can easily accommodate a double bed along with additional furniture, making it a comfortable master bedroom.

The second bedroom is also of a good size, suitable for use as a guest room or children's bedroom. Its well-proportioned dimensions allow for various furniture configurations and design possibilities.

The third bedroom, though slightly smaller, still offers ample space for a single bed, wardrobe, and desk. This room could serve as a perfect home office, nursery, or additional guest room, providing flexibility depending on tenant requirements.

The exterior of the property features a modest front garden, enhancing its curb appeal. At the rear, there is a private backyard that, with some attention, could be transformed into a charming outdoor space for leisure and entertainment.

Situated on Green Lane, this house is ideally positioned close to local amenities, schools, and parks. Chadwell Heath Station is just a mile away, offering excellent transport links into Central London and beyond, making it highly convenient for commuting tenants. The surrounding area is vibrant with shops, restaurants, and community services, contributing to a well-rounded living experience.

This property is currently tenanted, providing an immediate return on investment. With some thoughtful renovations and modern updates, the house has significant potential to increase in value and rental yield. Its strategic location near Chadwell Heath Station further enhances its desirability, ensuring strong and consistent tenant demand.

Don’t miss the chance to invest in a promising property in one of Chadwell Heath’s sought-after locations.
Agent Details
haart
Covering Chadwell Heath

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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