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Fanshawe Avenue, Barking IG11

London

£500,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
549 sqft

Description

This terraced property features three spacious double bedrooms and offers a significant opportunity for renovation and investment. The layout includes two reception rooms, a fitted kitchen, a bathroom, and an additional shower room, catering to various living arrangements. One of its key highlights is the generous 28-foot garden, which presents potential for landscaping or outdoor enhancements. Located just a short stroll from Barking Underground and Rail Station, the property benefits from excellent transport links into Central London and beyond. Local amenities such as bus routes, parks, shops, and supermarkets are conveniently within walking distance, making it an attractive option for both homeowners and potential tenants. Given its current condition, the home requires modernisation, allowing buyers to tailor renovations to their taste or to maximize rental yield. This property represents an appealing investment opportunity in a desirable area with promising growth potential.

Investment Analysis

(IG11 area)

Above Market Value

This property is priced +110.8% above area average per sq ft

+110.8%
This Property
£911/sq ft
Area Average
£432/sq ft
Avg Rent (weekly)
£399
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£260,945
10% above area average per sq ft
Potential ROI
-54.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (IG11)

Area prices are stable by +1.3% over the last 12 months
3 year growth: 2.8%
5 year growth: 8.9%
Investment Disclaimer: Analysis based on IG11 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

Fanshawe Avenue, Barking IG11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 over 30 years at 4.19% 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE