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Sovereign Road, Barking, Barking And Dagenham - Image 1

Sovereign Road, Barking, Barking And Dagenham

London

£340,000

Listed on 30/06/2026

Property details

Bedrooms
N/A
Type
Terraced

Description

This mid-terrace three-bedroom house in Barking presents an exciting opportunity for those looking to invest or create their ideal home. With off-street parking available, the property provides a solid foundation with its well-sized rooms including a reception area, fitted kitchen, three bedrooms, and a family bathroom. The rear garden offers further potential for enhancement, allowing you to customize your outdoor space. While the home requires significant refurbishment and modernization throughout, its advantageous location near local amenities, schools, and transport links underlines the long-term value it holds once improvements are made. This property is perfect for investors or owner-occupiers seeking to capitalize on its potential.

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Investment analysis

(IG11 area)
Area Average
£435/sq ft
Avg Rent (weekly)
£411
Avg Yield
6.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
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 -4.3% over the last 12 months
3 year growth: -2.9%
5 year growth: +1.3%
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

Sovereign Road, Barking, Barking And Dagenham
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Mortgage calculator

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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,284
Based on a loan of £255,000 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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