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Whiting Avenue, Barking, IG11

London

£290,000
Listed on 04/11/2025

Property Details

Bedrooms
1
Type
Semi-detached house
Area
511 sqft

Description

This one-bedroom end-of-terrace house presents an intriguing opportunity for both buyers and investors. Tucked away in a serene and desirable area of Barking, the property includes its own private garden, offering potential for outdoor enjoyment or landscaping enhancements. Inside, the house features a generous living space complemented by a fitted kitchen, providing a straightforward yet functional layout. The bedroom is designed with comfort in mind, making it suitable for individuals or couples seeking low-maintenance living. Additionally, there’s an outbuilding in the garden that can be adapted to serve various purposes, such as a home office or workshop, adding to the property's versatility. What sets this property apart is its freehold status, allowing for greater security and control over your investment. Its location provides convenient access to local amenities and transport links, particularly the C2C services from Barking station. This accessibility enhances its appeal to renters and future buyers alike, suggesting solid investment potential. With some thoughtful renovations and updates, this home could be transformed into a modern sanctuary or rental property. The combination of its established neighborhood and renovation prospects makes it a unique find in today’s market.

Investment Analysis

(IG11 area)

Above Market Value

This property is priced +31.3% above area average per sq ft

+31.3%
This Property
£568/sq ft
Area Average
£432/sq ft
Avg Rent (weekly)
£399
Avg Yield
6.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£8,000 - £15,000
Target Value
£242,883
10% above area average per sq ft
Potential ROI
-20.4%
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

Whiting 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
£1,062
Based on a loan of £217,500 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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