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Alderman Avenue, Barking

London

£500,000
Listed on 14/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1136 sqft

Description

This end-of-terrace home spans approximately 1,136 square feet and boasts four bedrooms, making it an ideal canvas for renovation enthusiasts or investors looking for a property with potential. Nestled in a quiet cul-de-sac, the location offers easy access to surrounding green spaces, including the Thames View Open Space and the Ripple Greenway Children's play area, adding to the appeal of the neighborhood. The property features a substantial private rear garden measuring about 73'6" by 39'3", providing ample opportunity for extension or landscaping projects (subject to planning permission). Inside, you'll find a separate fitted kitchen measuring 13'9" by 11'4", which presents an opportunity for modernization or reconfiguration. The main reception room is spacious at 14'4" by 11', complemented by a dining room and an additional study room that can serve various purposes depending on your needs. Additional features include a ground floor W/C and a first-floor bathroom/WC, offering practicality for family living. The four bedrooms vary in size; the largest is 13'4" by 9'9", providing enough space for comfortable accommodation. With gas central heating and double glazing already installed, this home offers a solid foundation while leaving room for personal touches. Conveniently located near Barking Riverside station and Barking Riverside Pier, residents can easily access transportation options into Central London via Uber Boats. This property not only allows for immediate residency but also holds significant investment potential through thoughtful renovations or extensions. The front garden adds an extra layer of curb appeal to this versatile property in a growing community.

Investment Analysis

(IG11 area)

Above Market Value

This property is priced +1.9% above area average per sq ft

+1.9%
This Property
£440/sq ft
Area Average
£432/sq ft
Avg Rent (weekly)
£399
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£539,952
10% above area average per sq ft
Potential ROI
-3.6%
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

Alderman Avenue, Barking
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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.

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