Salisbury Avenue, Barking

London

£280,000

Listed on 04/02/2026

Property Details

Bedrooms

Type

Maisonette

Area

771 sqft

Description

This one-bedroom flat, sold with freehold ownership, offers a unique opportunity for investors or buyers looking to add value through renovations. Located conveniently near Barking Station and town amenities, the property features its own private garden and garage, enhancing both privacy and potential for outdoor improvements. Inside, you'll find a spacious kitchen flowing into a dining area and lounge, alongside a generously sized double bedroom and shower room. Given that the property is being sold with the freehold of both flat 117A and 117B, you will not incur ground rent or service charges. The current layout provides an excellent foundation for modern updates or expansions (subject to planning permission), allowing you to potentially increase both living space and value in an appealing area.

Investment Analysis

(IG11 area)

Below Market Value

This property is priced -16.0% below area average per sq ft

-16.0%

Potential saving

This Property

£363/sq ft

Area Average

£433/sq ft

Avg Rent (weekly)

£396

Avg Yield

6.6%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£15,000 - £25,000

Target Value

£366,846

10% above area average per sq ft

Potential ROI

+20.3%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

Properties sold annually

Local Market Trend (IG11)

Area prices are stable by -0.8% over the last 12 months

3 year growth: +2.0%

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. 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

Salisbury Avenue, Barking

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments

£992

Based on a loan of £210,000 over 30 years at 3.91% 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.