98, Ripple Road, Barking, IG11 7RW

98 Ripple Road, Barking, IG11 Guide Price: £525,000 Gross Yield: Approx.

6.3% A rare opportunity to acquire a freehold investment property comprising two self-contained flats, ideally located in a strong and well-connected residential area of Barking.

The property is arranged as follows: A spacious two-bedroom ground floor flat , currently achieving £1,550 per month A well-proportioned one-bedroom first floor flat , currently achieving £1,200 per month The property is fully let, producing a combined rental income of £2,750 per calendar month (£33,000 per annum) , offering immediate income from completion and a strong gross yield of approximately 6.3% .

Key features include: Freehold title Established tenancy in place Strong rental demand in the area Excellent transport links and local amenities Well-maintained investment asset The property is located within easy reach of Barking Station , providing access to the District, Hammersmith & City, and C2C lines, ensuring excellent connectivity into Central London and surrounding areas.

There is also potential for future break-up and individual resale of the flats (STPP) , offering further capital growth opportunities.

This is an ideal purchase for investors and portfolio landlords seeking a high-yielding, income-producing asset in a proven rental location with long-term upside potential.

For further information or to arrange a viewing, please get in touch.