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See how verdicts work3-bedroom flat · IG11 7YG
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOREST MEWS, SPARSHOLT ROAD, IG11 — BARKING 808 SQFT | 3 BED | 1 BATH | GROUND FLOOR | LEASEHOLD 104 YRS | EPC D | SCOPE TO REFRESH ASSET Ground-floor three-bedroom flat within Forest Mews on Sparsholt Road, Barking, London Borough of Barking and Dagenham.
The accommodation comprises a reception room, fitted kitchen, three bedrooms and a bathroom, providing a total gross internal area of 808 square feet. Secure entry. Gas central heating.
TENURE & HOLDING COSTS Leasehold — 104 years remaining | Ground rent TBC | Service charge TBC | Council tax :Band C, (LB of Barking and Dagenham) (£1,954.22 2026/27) | EPC D.
CONDITION Scope to refresh. Services and appliances have not been and will not be tested. CONNECTIVITY Upney station is 0.5–0.6 miles away on the District line (Zone 4).
Barking station is 0.6–0.7 miles away, providing services on the District and Hammersmith & City lines, London Overground and c2c National Rail (Zone 4), with direct connections into the City and further afield.
Local shops, amenities and schools including Ripple Primary are within easy reach on and near Sparsholt Road, with Barking town centre also close by.
BUY CASE The 104-year lease provides long-term security of tenure well clear of the 80-year threshold.
The spacious ground-floor layout in a modern block, combined with strong local demand and excellent connectivity into central London via the District line and Barking interchange, supports both resale and letting potential.
what3words ///themes.serves.retail We are required by law to conduct anti-money laundering checks on all those selling or buying a property as prescribed by the Money Laundering Regulations 2017.
The initial checks are carried out on our behalf by Coadjute. The cost of these checks is £80 (excl.
VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you and the checks must be completed.
We will receive some of the fee taken by Coadjute to cover our costs in our role in the provision of these checks.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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
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FAQ
About Sparsholt Road, IG11
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