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Felton Gardens, Barking, IG11

London

£325,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
701 sqft

Description

This two-bedroom mid-terrace home presents a solid opportunity for renovation, situated just on the outskirts of Barking Town Centre. The ground floor features a welcoming reception room that can serve as a versatile living space, along with a fitted kitchen, which offers potential for modern upgrades. A convenient WC is also located on this level. Both front and back gardens provide outdoor space that could be enhanced to create inviting areas for relaxation or entertainment. The first floor houses two spacious bedrooms alongside a separate bathroom, offering ample room for personalization and improvement. While the property requires modernization throughout, it is an ideal canvas for someone looking to invest in a project that will allow them to add value over time. Strategically located near Barking Town Centre, residents will benefit from easy access to a wide range of local amenities, including shops and restaurants. The area boasts excellent transport links, making commuting straightforward, as well as access to various schools and recreational facilities. This combination of location and investment potential makes the property an appealing prospect for both homeowners and investors alike.

Investment Analysis

(IG11 area)

Above Market Value

This property is priced +7.3% above area average per sq ft

+7.3%
This Property
£464/sq ft
Area Average
£432/sq ft
Avg Rent (weekly)
£399
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£333,192
10% above area average per sq ft
Potential ROI
-8.7%
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

Felton Gardens, 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
£1,191
Based on a loan of £243,750 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