1-bedroom house · IG11 8PQ
For saleListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**investment buyer preferred** **portfolio property** Rent - £1550 pcm Yield 6.5% Ground Rent - £150 pa Service Charge - £1400 pa Council Tax Band - C EPC Rating - C A well presented two bedroom first floor flat ideally located on Tanner Street, Barking IG11.
This attractive property offers well proportioned accommodation and would suit first time buyers, downsizers or buy to let investors.
The flat comprises a bright living area, fitted kitchen, a spacious bedroom and a good sized family bathroom. The property further benefits from double glazing and gas central heating.
Situated within a popular residential area, the property is conveniently positioned for local shops, amenities and green spaces, offering comfortable and practical living.
Transport Links The property is well served by public transport.
Barking Station is within easy reach, providing access to the District Line, London Overground and National Rail services, allowing convenient travel into the City and Canary Wharf.
Upney Underground Station is also nearby, along with a variety of bus routes serving the surrounding areas. Road users benefit from good access to the A13, A406 and M11.
Local Schools There is a good selection of well regarded schools nearby, including Northbury Primary School, Uphall Primary School and St Margaret’s Church of England Primary School.
Secondary schools in the area include Eastbury Community School, Greatfields School and Loxford School, making this a suitable location for families.
Council Tax Band : C Ground Rent: £50 Service Charge £1500 105 Years Lease Remaining For further details or to arrange a viewing, please contact the office.
Value & comps
No previous sales on record.
Returns
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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 Six Penny Court, Tanner Street, Barking
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