1-bedroom flat · IG11 7BB
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered Chain free is this well presented first floor one bedroom one bathroom apartment situated in the highly desirable Benedicts Wharf development, Barking.
The development is located walking distance to the town centre with local shops, bus stops and underground station. The property has a large private balcony with secure off street parking space.
Spencer James Residential is an independent estate agency established in 2002 specialising in all aspects of residential lettings, sales and property management.
We're serious about the pivotal role we play between our landlords and tenants; buyers and sellers.
Our clients are assured in the knowledge that we work under an approved code of practice, due to our memberships with recognised industry bodies including: The Association of Residential Lettings Agents (ARLA); the National Association of Estate Agents (NAEA); and the Property Ombudsman (Sales and Lettings).
Lounge Diner Large lounge diner, laminate flooring, double glazed window to front, door to side giving access to balcony and wall mounted heaters, open plan to kitchen, Kitchen Range of wall and base units with integrated oven, four ring electric hob with extractor fan, sink with mixer tap over, washing machine and fridge freezer, laminate flooring, open plan to lounge.
Hallway Laminate flooring, wall mounted radiator, doors to all rooms Bedroom Double bedroom with carpet flooring, wall mounted radiator, large double glazed window and door to front giving access to balcony.
Bathroom Modern white three piece bathroom suite comprising of low level wc, wash hand basin with mixer tap over, bath with mixer tap over with shower attachment and shower screen, wall mounted radiator, spotlights and extractor fan.
Parking Secure allocated parking Central Heating Communal Hot Water & Heating System Double Glazing Fully Double Glazed Balcony
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
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FAQ
About 1 Benedicts Wharf, Highbridge Road, Barking
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