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Strathfield Gardens, Barking

London

£650,000

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1959 sqft

Description

This three-bedroom end-terrace home presents a promising opportunity for renovation and investment, situated in the sought-after Faircross Estate. With its advantageous proximity to Barking Station, bus routes, local schools, and essential amenities, this property offers both convenience and potential for value increase. The ground floor comprises a lounge, dining room, and a modern fitted kitchen alongside a WC, leading to a conservatory that opens up to an expansive rear garden. Notably, this garden is equipped with two storage sheds and includes a self-contained one-bedroom annexe complete with a shower room—ideal for guests or as rental space. An added cellar provides additional storage options. On the first floor are three generously sized bedrooms and a large bathroom. The house stands out due to its approved planning permission for construction above the garage and the possibility of extending into the loft, allowing for further enhancements or additional space (subject to relevant permissions). This property’s ample space coupled with its attractive location makes it an exceptional candidate for those looking to invest in renovations that capitalize on local demand.

Investment Analysis

(IG11 area)

Below Market Value

This property is priced -23.2% below area average per sq ft

-23.2%
Potential saving
This Property
£332/sq ft
Area Average
£432/sq ft
Avg Rent (weekly)
£401
Avg Yield
6.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£930,917
10% above area average per sq ft
Potential ROI
+31.1%
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
6%
Properties sold annually

Local Market Trend (IG11)

Area prices are falling by -6.3% over the last 12 months
3 year growth: -1.7%
5 year growth: +0.5%
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

Strathfield Gardens, Barking
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,456
Based on a loan of £487,500 over 30 years at 4.45% 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

Price History

-3.7% since listed
£650,000£25,000(-3.7%)
10/06/2026
Current price
£675,000Initial listing
01/03/2026

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