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Salisbury Avenue, Barking

London

£500,000

Listed on 24/06/2026

Property details

Bedrooms
3
Type
House
Area
969 sqft

Description

This three-bedroom terraced house presents a noteworthy investment opportunity situated centrally in Barking, ideal for families looking to establish long-term roots. The open-plan design on the ground floor encompasses a spacious lounge that flows into the kitchen and dining area, making it a versatile space for both daily living and gatherings. The upper level hosts three bedrooms alongside a family bathroom, offering ample accommodation for residents. Additionally, the rear garden is generously sized and holds significant potential for expansion, whether through rear or loft conversion, pending planning permission. Off-street parking enhances convenience for homeowners. Located within proximity to Barking Station and local amenities, this property combines practical living with promising development possibilities, representing an excellent candidate for those aiming to personalize their home over time.

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Investment analysis

(IG11 area)

Above Market Value

This property is priced +19.4% above area average per sq ft

+19.4%
This Property
£516/sq ft
Area Average
£432/sq ft
Avg Rent (weekly)
£401
Avg Yield
6.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£460,469
10% above area average per sq ft
Potential ROI
-15.5%
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

Salisbury Avenue, 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
£1,889
Based on a loan of £375,000 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

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