2, Rowlands Road, DAGENHAM, Essex, RM8 3DX

Description

Freehold end of terrace house. First floor: three bedrooms, bathroom/wc. Ground floor: reception room, kitchen, conservatory. Outside: driveway and gardens.

Accommodation

First floor: Three bedrooms, bathroom/wc. Ground floor: Reception room, kitchen, conservatory. Outside: Driveway and gardens.

Location

The property is located on Rowlands Road. Shopping amenities can be found locally within Dagenham Town Centre. Public transport links are available at Dagenham Underground Station (District and Hammersmith & City Lines) to the south and Chadwell Heath to the north west, along with a network of local bus services serving the surrounding areas. The property is served by road links including the A124 to the east and A1083 to the north. Recreational pursuits can be found at Valence Park to the west.

Tenure / Property Information

Investment Analysis

The supplied Land Registry evidence comprises five same-road terraced freehold sales ranging from £295,000 to £420,000, completed between July 2018 and December 2022. Bedroom counts and condition are not supplied, so direct comparability is limited. The £337,500 guide is above three of the five sales and below the £420,000 sale. An indicative base GDV of £335,000 is used, with a low scenario of £315,000 and high scenario of £420,000; these are not formal valuations and current-market evidence is absent.

Investment Snapshot

Strategy Recommendation

Do not bid at the guide on the supplied evidence. Treat the property as an owner-occupier or value-sensitive purchase only if inspection, legal review and current valuation evidence support it; BTL and BRRR should not be pursued without verified rent and a lower acquisition price.

Works Required

No specific defects or required works are evidenced. The property is EPC E, but no costed energy-upgrade or refurbishment scope can be established from the supplied information. A survey and review of the auction legal pack are required before budgeting works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £337,500 guide plus the known £1,800 contract documentation fee, the analysed base cost is £339,300 before any seller-charged fees, finance, tax or works. At a £335,000 base GDV, 75% refinancing would be approximately £251,250, leaving indicative cash tied in of £88,050 before those excluded costs. The base GDV is below the guide, so the BRRR case is weak on the supplied evidence.

Buy-to-Let Analysis

BTL analysis cannot be completed because no sufficiently specific rental comparable or auctioneer rent estimate is provided. The property is a three-bedroom freehold house, but achievable rent, operating costs and finance costs remain unsupported.

Flip Analysis

At the guide and known documentation fee, the base project cost is £339,300 before works, finance, tax, selling costs and any seller fees. Against the £335,000 base GDV this indicates a £4,300 shortfall before those additional costs. A formal flip surplus cannot be calculated because no supported selling allowance is provided.

Investor Risks & Due Diligence

• Guide price exceeds three of the five supplied same-road completed sales.

• Comparable bedroom counts, floor areas and condition are not provided.

• Comparable sales date from 2018 to 2022, with no current-market evidence.

• No supported rental evidence is available, preventing yield analysis.

• No refurbishment cost evidence is available; EPC E may require attention but no scope or cost is supplied.

• The seller may charge additional completion fees under the special conditions, but amounts are not provided.

• Parking and heating information require confirmation from the auction centre.

Recommendation

Do not bid at the guide on the supplied evidence. Treat the property as an owner-occupier or value-sensitive purchase only if inspection, legal review and current valuation evidence support it; BTL and BRRR should not be pursued without verified rent and a lower acquisition price.

Strategy Rating

Analysis Confidence

The address and tenure are clear and there are several same-road completed sales, but the sales are dated, bedroom and condition details are missing, and there is no rental, refurbishment, current valuation or selling-cost evidence.