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The Tye, Barking IP6

East of England

£475,000
Listed on 10/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1793 sqft

Description

Nestled in a sought-after village just moments from The Tye, this three-bedroom detached residence presents a valuable opportunity for renovation and personalization. With its charming rural backdrop and proximity to Needham Market's amenities—such as shops, cafes, schools, and train services—this home marries serene living with convenience. Built in 1963 and owned by the same family since its inception, the property invites creative enhancement or extension (subject to planning permissions) to truly reflect your personal taste. Set on a generous plot, the home is framed by mature hedges that provide privacy. The entrance is marked by double gates leading onto a spacious driveway accommodating multiple vehicles alongside carport spaces. Inside, the central hall connects to a versatile sitting room (currently functioning as a games room), while across the hall lies a dual-aspect dining room that enhances natural light throughout. The kitchen/breakfast area serves as an inviting hub with ample storage and space, plus an adjoining sun lounge featuring a multi-fuel burner and patio access to the side garden. Upstairs, the main bedroom showcases captivating countryside views with two additional bedrooms that cater well to family needs; one is currently utilized as a dressing room. Completing this level is a family bathroom. Outside, enjoy established gardens on either side of the house—one boasting a summerhouse positioned for optimal views—and various outbuildings including garages and workshops offer further potential for hobbies or storage. This wide plot not only provides ample outdoor space but opens doors for development opportunities that are rarely available.

Investment Analysis

(IP6 area)

Below Market Value

This property is priced -15.7% below area average per sq ft

-15.7%
Potential saving
This Property
£265/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£340
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£619,499
10% above area average per sq ft
Potential ROI
+18.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (IP6)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -7.3%
5 year growth: 9.8%
Investment Disclaimer: Analysis based on IP6 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

The Tye, Barking IP6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,740
Based on a loan of £356,250 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE