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Monteagle Avenue, Barking

London

£450,000
Listed on 17/02/2026

Property Details

Bedrooms
3
Type
Terraced
Area
753 sqft

Description

This spacious property in Central Barking presents a promising opportunity for first-time buyers and investors alike. With no onward chain, it is ready for new owners to make their mark. The home features two ample reception rooms and a compact kitchen with external WC, offering a solid foundation for renovation. Upstairs, there are four generously sized bedrooms alongside a modern family bathroom that caters to the needs of both families and professionals seeking flexible living arrangements. The layout allows for easy reconfiguration depending on personal needs, whether that’s additional children’s rooms or a home office space. Situated conveniently close to Barking railway station, commuting to Central London and Canary Wharf is hassle-free, making it ideal for those who rely on public transport. Nearby, Barking Town Centre provides a variety of shops and amenities, enhancing the lifestyle this location offers. Families will also benefit from access to highly-regarded local schools. The outdoor space includes an extensive rear garden measuring approximately 50ft, perfect for summer entertaining or as a play area for children. The front garden further enhances the property’s appeal while offering potential landscaping options. In summary, this home not only provides ample space but also invites creativity in its renovation—making it an excellent investment opportunity in a well-connected area.

Investment Analysis

(IG11 area)

Above Market Value

This property is priced +38.2% above area average per sq ft

+38.2%
This Property
£598/sq ft
Area Average
£433/sq ft
Avg Rent (weekly)
£396
Avg Yield
6.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£358,281
10% above area average per sq ft
Potential ROI
-26.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
8%
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

Monteagle Avenue, Barking
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,594
Based on a loan of £337,500 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.

Stamp Duty Calculator

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