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Dereham Road, Barking IG11

London

£550,000
Listed on 10/09/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace house offers a valuable opportunity for renovation and investment, situated in the sought-after Leftley Estate. Its proximity to Upney and Barking stations provides convenient access to public transport, while nearby bus routes enhance the connectivity further. Local schools and various amenities within walking distance make this location particularly appealing for families. Inside, the property features a spacious through lounge that serves as an inviting area for relaxation or entertainment, complemented by a kitchen and a conservatory that opens up to a pleasant rear garden. The first floor comprises one generously-sized double bedroom with fitted wardrobes, an additional double bedroom, and a single bedroom—all sharing a sizable family bathroom. One of the standout aspects of this property is its potential for expansion. There are opportunities to extend the living space or convert the loft (subject to planning permission), which could significantly increase its value. The inclusion of both a driveway and a double garage at the rear further adds to the practicalities of the home. With its solid structure and excellent location, this property not only offers immediate comfort but also holds significant promise for those looking to invest in renovations or expand their living space over time.

Investment Analysis

(IG11 area)
Area Average
£430/sq ft
Avg Rent (weekly)
£427
Avg Yield
7.2%

Renovation Potential

Est. Renovation Cost
£55,000 - £137,500
10-25% of property value
Monthly Sales
22
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (IG11)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 2.5%
5 year growth: 4.8%
Investment Disclaimer: Analysis based on IG11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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 IG11
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