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Salisbury Avenue, Barking, IG11

London

£450,000
Listed on 06/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1255 sqft

Description

This substantial corner house, conveniently situated a short distance from Barking's vibrant town centre and mainline station, presents a unique opportunity for investors and renovators. Although it requires extensive modernisation throughout, the property boasts significant potential for enhancement and even further development, pending appropriate planning approvals. Internally, the layout features a bay-fronted lounge and a separate dining room, both of which lead to a secluded walled garden complete with an outbuilding. Additionally, there is a ground floor shower room for added convenience. On the first floor, three generously sized bedrooms await alongside a family bathroom. This property also benefits from off-street parking and rear access to a garage, further adding to its practical appeal for renovation projects.

Investment Analysis

(IG11 area)

Below Market Value

This property is priced -17.1% below area average per sq ft

-17.1%
Potential saving
This Property
£359/sq ft
Area Average
£433/sq ft
Avg Rent (weekly)
£407
Avg Yield
6.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£597,342
10% above area average per sq ft
Potential ROI
+10.6%
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

Salisbury Avenue, 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
£1,623
Based on a loan of £337,500 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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