Worst House on the Street Logo
The Shaftesburys, BARKING, Essex, IG11 - Image 1
The Shaftesburys, BARKING, Essex, IG11 - Image 2
The Shaftesburys, BARKING, Essex, IG11 - Image 3
The Shaftesburys, BARKING, Essex, IG11 - Image 4
The Shaftesburys, BARKING, Essex, IG11 - Image 5
The Shaftesburys, BARKING, Essex, IG11 - Image 6
The Shaftesburys, BARKING, Essex, IG11 - Image 7
The Shaftesburys, BARKING, Essex, IG11 - Image 8
The Shaftesburys, BARKING, Essex, IG11 - Image 9
The Shaftesburys, BARKING, Essex, IG11 - Image 10
The Shaftesburys, BARKING, Essex, IG11 - Image 11
The Shaftesburys, BARKING, Essex, IG11 - Image 12
The Shaftesburys, BARKING, Essex, IG11 - Image 13
The Shaftesburys, BARKING, Essex, IG11 - Image 14
The Shaftesburys, BARKING, Essex, IG11 - Image 15

The Shaftesburys, BARKING, Essex, IG11

London

£220,000
Listed on 20/03/2026

Property Details

Bedrooms
2
Type
Flat
Area
726 sqft

Description

This spacious two-bedroom flat on the first floor offers a blank canvas for those interested in personalizing their living space. The property comprises two sizeable double bedrooms, a generous reception room, a separate kitchen, and both a bathroom and WC. Additionally, there is storage available on the ground floor, perfect for accommodating bikes or tools. While the flat is in need of refurbishment throughout, it has been priced to reflect this necessary work, making it an appealing opportunity for investors or homeowners looking to undertake a renovation project that can increase its value significantly. Don't miss the chance to explore this potential-filled property.

Investment Analysis

(IG11 area)

Below Market Value

This property is priced -30.2% below area average per sq ft

-30.2%
Potential saving
This Property
£303/sq ft
Area Average
£434/sq ft
Avg Rent (weekly)
£394
Avg Yield
6.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£346,872
10% above area average per sq ft
Potential ROI
+33.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (IG11)

Area prices are rising by +2.6% over the last 12 months
3 year growth: +4.1%
5 year growth: +8.7%
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

The Shaftesburys, BARKING, Essex, IG11
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£793
Based on a loan of £165,000 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development