1-bedroom flat · IG11 7EP
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £280,000 - £290,000.
Carter & Willow offer for sale this beautifully presented 1-bedroom circa 539 sq ft apartment located on the 3rd floor, within the popular Abbey Quay Riverside Quarter development by Weston Homes.
The property offers a 25'3 x 11'8 open plan reception / dining room with a modern style fitted kitchen and integrated appliances, spacious 23' x 6'7 terrace/ balcony, bedroom with fitted wardrobes and an en suite bathroom/WC.
Residents benefit from making use of the concierge service, access to a co-working space and use of the communal podium gardens.
Several amenities all within walking distance including the on-site convenience store, supermarkets, 24/7 Anytime Fitness, Barking Town Centre and Barking Station which allows direct access into the city.
Council tax band: C.
EPC Rating: B The property is offered for sale under the Discount Market Sale (DMS) – Available to eligible buyers only in accordance with a Section 106 agreement with the London Borough of Barking & Dagenham.
Not available on the open market. Eligibility approval required prior to offer acceptance.
Balcony/Terrace 2.00m (6' 7") x 7.00m (23' 0") Open plan kitchen/living room 7.70m (25' 3") x 3.55m (11' 8") Bedroom 5.25m (17' 3") x 2.90m (9' 6") Bathroom/WC Sellers information Annual service charge £1,836,68 approx Annual ground rent (peppercorn) approx Years remaining on lease 996 approx Consumer Protection Carter & Willow Estate Agents is the seller's agent for this property.
Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible.
Some images within this listing may have been professionally edited or enhanced for marketing purposes, including lighting adjustments or virtual decluttering/staging.
These images are intended for illustrative purposes only and viewers should rely on a physical inspection of the property.
Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Erken Plaza, Abbey Road, Barking
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