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Dereham Road, Barking

London

£575,000
Listed on 05/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1209 sqft

Description

This extended three-bedroom mid-terrace house presents a promising opportunity for renovation enthusiasts and investors alike. Situated in the desirable Leftey Estate, the property boasts off-street parking and a double garage at the rear, enhancing its appeal. The location offers excellent transport links with Upney and Barking stations nearby, as well as access to bus routes, local schools, and various amenities. The spacious layout features a welcoming porch that leads into a hallway, opening up to a generous through lounge and an expansive kitchen-diner complete with patio doors that connect to an easily maintained rear garden. A contemporary shower room on the ground floor adds convenience. On the first floor, you'll find three bedrooms along with a well-sized family bathroom that has been finished to a high standard. The property holds significant potential for further development; possibilities include extending the existing structure and converting the loft space (subject to obtaining planning permission). This creates an attractive proposition for those looking to enhance value through renovations while benefiting from its strong family home characteristics.

Investment Analysis

(IG11 area)

Above Market Value

This property is priced +10.4% above area average per sq ft

+10.4%
This Property
£476/sq ft
Area Average
£431/sq ft
Avg Rent (weekly)
£410
Avg Yield
6.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£572,721
10% above area average per sq ft
Potential ROI
-8.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (IG11)

Area prices are falling by -3.3% over the last 12 months
3 year growth: +1.2%
5 year growth: +3.1%
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

Dereham Road, Barking
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,051
Based on a loan of £431,250 over 30 years at 3.97% 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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