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Barking Road, London, E6

London

£900,000

Listed on 03/06/2026

Property Details

Bedrooms
N/A
Type
Commercial Property
Area
3777 sqft

Description

This freehold mixed-use property presents a unique investment opportunity in East London, featuring a spacious ground floor commercial unit alongside two separate 2-bedroom flats. With vacant possession, the new owner can explore various avenues for this asset, including rental income from the apartments or converting the versatile commercial space into a restaurant or office, subject to planning permissions. The expansive basement offers further development potential and could be transformed into a self-contained unit with street access, enhancing overall yield opportunities. Each flat is currently in excellent condition, making them immediately rentable while still providing room for value-adding improvements through modernisation and reconfiguration of the commercial area. Strategically situated near vibrant retail hubs and transport links, this property not only promises substantial short-term returns but also long-term growth prospects as the area continues to evolve.

Investment Analysis

(E6 area)

Below Market Value

This property is priced -50.0% below area average per sq ft

-50.0%
Potential saving
This Property
£238/sq ft
Area Average
£476/sq ft
Avg Rent (weekly)
£490
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,979,299
10% above area average per sq ft
Potential ROI
+99.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (E6)

Area prices are rising by +3.5% over the last 12 months
3 year growth: +4.9%
5 year growth: +14.3%
Investment Disclaimer: Analysis based on E6 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

Barking Road, London, E6
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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
£3,400
Based on a loan of £675,000 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

This calculation uses non-residential (land/commercial) tax rates.

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