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Melford Avenue, Barking - Image 1

Melford Avenue, Barking

London

£550,000
Listed on 10/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1148 sqft

Description

This mid-terrace property features three bedrooms and a driveway, nestled in the desirable Leftley Estate. Its location offers convenient access to Barking and Upney stations, local schools, and essential amenities. Inside, the home includes a spacious through lounge, kitchen, and a brick-built conservatory that opens into a generous rear garden. On the first floor, you'll find two double bedrooms along with a single bedroom and a family bathroom. With potential for further development—such as extending to the rear (subject to planning permission)—this house presents an excellent opportunity for buyers seeking to add value through renovations. Ideal for families looking to create their dream home in a sought-after area.

Investment Analysis

(IG11 area)

Above Market Value

This property is priced +10.7% above area average per sq ft

+10.7%
This Property
£479/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
£546,414
10% above area average per sq ft
Potential ROI
-7.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Melford Avenue, Barking
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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
£1,984
Based on a loan of £412,500 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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