2-bedroom flat · IG11 7LZ
For saleReduced £20k (−6.3%) on 9 SepListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming flat located at Wellington Court, Axe Street, ideally situated close to Barking Town Centre.
This delightful property features a spacious reception room, perfect for entertaining guests or enjoying a quiet evening at home.
With two well-proportioned bedrooms, this flat offers ample space for individuals or small families. The flat includes a bathroom, ensuring convenience and comfort for its residents.
One of the standout features of this property is the lovely balcony, providing a private balcony space to relax and enjoy the fresh air.
The location is particularly advantageous, with excellent public transport links nearby, making commuting a breeze.
Additionally, the vibrant amenities of Barking Town Centre are just a short distance away, offering a variety of shops, restaurants, and leisure facilities.
With a lease of approximately 108 years, this flat presents a fantastic opportunity for both first-time buyers and investors alike. Do not miss the chance to make this lovely flat your new home.
Entrance Lift service. Lounge/Kitchen (6.20m x 4.70m (20'4" x 15'5")) Double glazed sliding doors to balcony. Range of wall and base units. Electric cooker with extractor fan above. Built in oven.
Single bowl drainer sink unit. Bedroom One (3.70m x 3.10m (12'1" x 10'2")) Double glazed window. Heater. Bedroom Two (3.70m x 3.20m (12'1" x 10'5")) Double glazed window. Heater.
Bathroom (2.50m x 1.80m (8'2" x 5'10")) Panelled bath, wash hand basin and low flush w.c. Agents Note No services or appliances have been tested by Sandra Davidson Estate Agents.
-It is a mandatory requirement for a Sales or Lettings Agent to be part of a redress scheme, we have membership with The Property Ombudsman (a government approved redress scheme).
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 Wellington Court, Flat 14, 77 Axe Street, Barking
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