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Home NewsProperty market updates Beyond Zone 5 – Why Dagenham Green is London’s next big thing

Beyond Zone 5 – Why Dagenham Green is London’s next big thing

When it comes to property investment, London has always been the top choice. But what if we told you that there is a hidden treasure that many people have yet to discover? Introducing Dagenham Greens, an exciting new project in the thriving centre of East London’s fast-paced revitalisation. This project offers 3,500 homes, plenty of green areas, and a lively community, making it an excellent investment opportunity that cannot be missed.

As professionals in the London property industry, we aim to bring you the next major property development ahead of everyone else. Dagenham Green represents a perfect developing community with significant potential for growth.

Dagenham Green

Affordability aligns with the growth potential

Dagenham Green has seen significant revitalisation efforts and strategic investment, leading to consistent property value growth and strong rental demand. This is especially appealing to Hong Kong investors with discriminating taste. One-bedroom apartments start from an accessible £295,000*, presenting a compelling entry point into the London market.

Impressive returns projected

Between 2024 and 2028, Dagenham Green is projected to experience substantial growth, with property prices anticipated to rise by 16.9%* and rental values by 19.2%*. Investors can achieve rental yields of up to 7%*, surpassing returns in many central London locations.

A Community in transformation

Dagenham Green is poised to become a sought-after residential and investment hub. The ongoing regeneration includes new homes, commercial spaces, and enhanced public facilities, creating a holistic and desirable environment.

Connectivity that exceeds expectations

With excellent transport connections to important financial and business centres, Dagenham Green is changing the way people live in East London. Canary Wharf and the City of London can be reached in 20-25 minutes^. Barking Station is 6 minutes^ away, West Ham is 14 minutes^ away, and Canary Wharf is just 20 minutes^ away. Over 500,000 jobs in London are reachable within 30 minutes^, and more than half of the finance jobs can be reached within 45 minutes^. Businesses and residents with ties to Hong Kong and international markets benefit from the area’s strategic advantage, as London City Airport, a major hub for European and global connections, is less than 25 minutes^ away.

Why Dagenham Green appeals to Hong Kong investors?

Strong investment fundamentals

Bedroom

Investors can achieve rental yields of 7%* on one-bedroom apartments renting for £1,650/month and 6.4%* on two-bedroom apartments renting for £1,900/month. Three-bedroom rentals are currently at £2,350/month with the potential for 5.3%* yields and strong growth prospects.

Long-term appreciation

The initial phase of Dagenham Green includes a new secondary school, community hub, and 4,000 sqm of workspace for entrepreneurs, setting the stage for future growth. As part of the London Riverside regeneration, it will have over 7,000 new homes and a film studio costing £350 million, creating a total of 44,000 homes and 29,000 jobs by 2041.

New private residential inventory

Dagenham Green

By 2025, Dagenham Green’s new private residential inventory is expected to achieve a better balance of supply and demand, providing more opportunities for buyers and investors. Dagenham Green is poised to become a bustling residential and investment hub in East London, with regeneration, better connectivity, and thousands of new homes.

Cultural considerations

The development features green spaces, tree-lined walkways, and thoughtful layouts to enhance natural energy flow and create a peaceful and thriving environment. Large spaces encourage positive energy flow, and parks and water features contribute to a tranquil environment. Buildings are oriented to prioritise natural light and airflow, providing a balanced living experience.

Generational wealth

The area is set for long-term growth with over 7,000 new homes planned, including 3,000 at Beam Park, as part of the £1.5 billion London Riverside regeneration. In the last ten years, property prices in East London have increased by more than 60% due to high demand for new homes and jobs expected to come by 2041.

Education access

Dagenham Green is conveniently located for families with a focus on education, with easy access to 23 Central London universities, including LSE (13 miles), Imperial College (16 miles), UCL (14 miles), and Queen Mary University (10 miles). London being one of the top education hubs, attracts over 250,000 students, including 100,000+ international students. Furthermore, Dagenham Green is perfect for families seeking great education and accessibility, with 17 independent schools nearby for students aged 2 to 16.

Dagenham’s increasingly positive image

The revitalisation efforts in the area are a major contributing factor to the area’s transformation. It offers a wide variety of local parks and green areas, covering 338 acres of parkland, including Parsloes Park and the Beam Valley Country Park—both of which have recently been honoured with the CIWEM Living Wetlands Award. The green spaces serve a purpose beyond just looking nice; they improve the overall quality of life in the area, making it a desirable option for families and professionals.

Take the next step

Dagenham Green offers a compelling blend of affordability, growth potential, and quality of life. Contact us today to learn more about this exceptional investment opportunity and secure your place in East London’s exciting future.

Source – Dataloft Rental Market Analytics, Compound Annual Growth Rates

To buy or not to buy non-local off-plan properties? Assess the risks before you buy! 境外樓花買唔買?計過風險先好買!*Prices and details are correct at the time of going to press. Expected rental yield per annum, not guaranteed. ^Travel times are an approximation only, sourced from Transport for London and Google Maps, and may reference driving, public transport, cycling and/or walking times. Planning permission no.: 21/01808/OUTALL granted by London Borough of Barking & Dagenham. Lease Term: 999 years from September 2023. Purchasers are acquiring an interest in the land, the building to be erected thereon and/ or a right to use and occupy the properties in the building. Estimated Completion Date: Q3/Q4 2025 (The Empire) & Q3/Q4 2026 (The Liberty). Computer-generated images for illustrative purposes only. Purchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. The non-licensed staff engage in estate agency work exclusively in relation to properties outside Hong Kong and they are not licensed to deal with any property situated in Hong Kong. Property reference number: BRHK-UK250202. Advertisement Date: 7 Mar 2025. Benham and Reeves (Hong Kong) Limited License No. C-092169.

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About the Author

With over 60 years of experience in London market, Benham and Reeves offers a comprehensive one-stop service which includes London property sales (purchase and selling) and full letting and management services to investors. Benham and Reeves Hong Kong SAR office was established in 1995 to provide real estate agency services to Hong Kong buyers, sellers and landlords in regards to all their London property needs.

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