2-bedroom flat · IG11 9PJ
Sold STCReduced £10k (−3.8%) on 4 AugListed 283 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming two-bedroom purpose-built flat located on the third floor of a well-maintained building in Ridley Close, Barking.
Spanning an impressive 643 square feet, this delightful property offers a perfect blend of comfort and convenience, making it an ideal choice for first-time buyers or those seeking a buy-to-let investment.
As you enter the flat, you are greeted by a spacious reception room that provides a warm and inviting atmosphere, perfect for relaxing or entertaining guests.
The separate kitchen is well-equipped, offering ample space for culinary creations.
The flat features two generously sized bedrooms, including a master bedroom with the added luxury of an ensuite bathroom, ensuring privacy and convenience.
A family bathroom serves the second bedroom and guests alike.
One of the standout features of this property is the charming Juliet balcony, which allows natural light to flood the living space while providing a lovely view of the surrounding area.
Additionally, the flat comes with allocated parking space, a rare find in urban settings, ensuring that parking is never a hassle.
Situated in a chain-free environment, this flat boasts easy access to Upney Station, making commuting to central London and beyond a breeze.
The surrounding area offers a variety of local amenities, including shops, parks, and schools, catering to all your daily needs.
In summary, this well-appointed flat in Barking presents an excellent opportunity for those looking to enter the property market or expand their investment portfolio.
With its desirable location, modern features, and ample parking, this property is not to be missed.
Lounge (5.61m x 3.73m (18'5 x 12'3)) Bedroom One (3.76m x 2.51m (12'4 x 8'3)) Bedroom Two (3.40m x 2.72m (11'2 x 8'11)) Kitchen (2.67m x 2.34m (8'9 x 7'8)) Bathroom (2.54m x 1.68m (8'4 x 5'6)) En-Suite (1.75m x 1.60m (5'9 x 5'3)) Disclaimer: All information provided in relation to this property does not constitute or form part of an offer or contract, nor may it be regarded as representations, they are to be used for marketing purposes only.
All interested parties are responsible to verify accuracy and your solicitor must verify tenure/lease information, ground rent/service charges, fixtures and fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply they are tested and that they are necessarily in working order or fit for the purpose.
Any costs occurred would be at the expense of the potential purchaser.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 14, Ridley Close, Barking
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