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Monteagle Avenue, Barking

London

£450,000
Listed on 18/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
944 sqft

Description

This three-bedroom mid-terrace house presents a promising investment opportunity within proximity to Barking Town Centre and Barking Station, which offers extensive transport links including the District, Hammersmith & City, and C2C lines. The property is conveniently located near essential amenities such as shops, schools rated 'Good' by Ofsted, and various bus routes, making it an attractive option for families and first-time buyers eager to enter the property market. The house features a lounge, a dining room, a compact kitchen, and a ground floor WC, alongside a good-sized rear garden perfect for outdoor activities. On the first floor are two double bedrooms, one single bedroom, and a bathroom. While the home requires modernisation throughout, it holds significant potential for buyers looking to customize or enhance their living space in a well-connected 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)
£407
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£449,316
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
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

Monteagle 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
£1,623
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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