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Monteagle Avenue, Barking

London

£450,000
Listed on 17/02/2026

Property Details

Bedrooms
3
Type
Terraced
Area
944 sqft

Description

This three-bedroom mid-terrace house offers an excellent investment opportunity for those looking to make their mark in the property market. Located close to Barking Town Centre and just a short walk from Barking Station, which provides access to the District, Hammersmith & City, and C2C lines, this property is ideally situated for both commuting and local amenities. The residence includes two reception rooms, a kitchen, and a ground floor WC, with a decent-sized rear garden perfect for future enhancements. On the first floor, you'll find two spacious double bedrooms alongside one single bedroom and a bathroom. While the home requires modernisation, its layout and location present significant potential for first-time buyers or investors willing to undertake renovations. Given its proximity to transport links and schools rated 'Good' by Ofsted, it offers great appeal for families looking to settle in this vibrant area.

Investment Analysis

(IG11 area)

Above Market Value

This property is priced +10.2% above area average per sq ft

+10.2%
This Property
£477/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
£449,160
10% above area average per sq ft
Potential ROI
-8.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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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