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Devon Road, Barking, IG11

London

£375,000
Listed on 04/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
657 sqft

Description

This well-proportioned Victorian terraced house offers an appealing foundation for those looking to invest in a property with significant potential for enhancement. Located in the lively area of Barking, this home features a tidy and light-filled interior that allows for immediate occupancy while presenting various avenues for future development. The ground floor includes a welcoming reception room and a modern kitchen, alongside a tastefully updated bathroom, making it comfortable for living as is. Upstairs, you'll find two generous bedrooms that lend themselves well to family or professional life, plus the practical internal layout spans roughly 666 sq ft. Outside, the private rear garden serves as a peaceful retreat or social space, complemented by an outbuilding that could easily be converted into a functional office or workspace with some modifications. One of the standout features of this property is its potential for extension; opportunities exist to expand into the loft area (pending planning consent), which could add valuable living space and increase overall market worth. Situated conveniently near local shops, schools, and excellent transport links, this residence balances comfort with long-term investment prospects. An early viewing is encouraged for those interested in capitalizing on this opportunity.

Investment Analysis

(IG11 area)

Above Market Value

This property is priced +31.9% above area average per sq ft

+31.9%
This Property
£571/sq ft
Area Average
£433/sq ft
Avg Rent (weekly)
£407
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£312,712
10% above area average per sq ft
Potential ROI
-24.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IG11)

Area prices are stable by +0.9% over the last 12 months
3 year growth: +0.8%
5 year growth: +6.4%
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

Devon Road, Barking, IG11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,352
Based on a loan of £281,250 over 30 years at 4.06% 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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