1-bedroom flat · IG11 7GN
Sold STCListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Immaculate ground floor apartment with private terrace.
Offered to the market with no onward chain and in immaculate condition is this one-bedroom ground floor apartment located in the popular Spring Place development in the sought after Quay area of Barking.
The property is conveniently located within walking distance of Barking town centre and the mainline station, offering direct access to the City of London in just 15 minutes and the popular Boathouse Café and Boathouse Studios, in addition to numerous other popular local amenities and green spaces..
The property itself is offered to the market with no onward chain and following tasteful and thoughtful upkeep by the current owners is available in move-in condition.
The current accommodation is arranged over a total square footage of 623 square feet and comprises of a double bedroom, modern fitted kitchen with integrated appliances, an open plan living area with direct access to a private terrace, bedroom and bathroom.
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 Crick Court, Barking, Spring Place
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