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Tom Mann Close, Barking, IG11

London

£375,000
Listed on 22/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
953 sqft

Description

This end-of-terrace three-bedroom house presents a promising opportunity for renovation and investment in Barking, Essex. Positioned at the end of a quiet residential street, this property is conveniently located near local amenities, schools, and transport connections, making it an appealing choice for future occupants. The home features a spacious open-plan lounge and dining area on the ground floor, which offers ample scope for redesigning to meet modern living demands. A separate kitchen and a practical downstairs WC add to the layout's convenience. The upstairs comprises three well-sized bedrooms and a family bathroom that could benefit from updating to enhance function and style. Outdoors, the property boasts a generous enclosed rear garden that not only provides privacy but also serves as an ideal space for landscaping projects or outdoor leisure activities. Given the need for modernization throughout, this residence is essentially a blank canvas awaiting the vision of its new owner. Investors or homeowners looking to add value will find this property’s potential particularly enticing. The layout allows for various design possibilities, enabling buyers to tailor the home according to personal taste while enhancing its market value over time. It is noteworthy that interested parties should consider consulting with mortgage lenders regarding the property's non-standard construction prior to any commitments. Overall, this house presents a unique chance to create a customized family home in an area with strong community ties and accessibility to essential services.

Investment Analysis

(IG11 area)

Below Market Value

This property is priced -8.6% below area average per sq ft

-8.6%
Potential saving
This Property
£393/sq ft
Area Average
£430/sq ft
Avg Rent (weekly)
£427
Avg Yield
7.2%

Renovation Potential

Est. Renovation Cost
£37,500 - £93,750
10-25% of property value
Target Value
£451,083
10% above area average per sq ft
Potential ROI
-3.8%
After renovation
Monthly Sales
22
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (IG11)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 2.5%
5 year growth: 4.8%
Investment Disclaimer: Analysis based on IG11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Tom Mann Close, Barking, IG11
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