2-bedroom flat · IG11 8NW
For saleListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available to view now is this luxury 2-bedroom 2-bathroom 3rd floor apartment in the stunning Oculus House development.
The property is being offered via shared ownership resale, purchasing 30% at £102,000 with a full market value of £340,000.
Rent payable on the remaining share is £643.31pm The purchaser must have a household income under £80,000 and either be a first-time buyer or divorcee.
Option to purchase 100% ownership is also possible with no qualification criteria.
This impressively presented apartment is bright and spacious throughout, offering a generous open plan modern fitted kitchen/living area, whilst also celebrating 2 generously sized double bedrooms, the master having a built-in wardrobe and its own ensuite bathroom with double width shower.
There is also a second 3-piece family bathroom with a shower-bath and 3 generous sized storage units in the main hallway, one of which houses the plumbing and laundry appliances.
The apartment also remains under NHBC warranty until 2030. The building’s unique impression on the Barking skyline was designed by the renowned award-winning architects, Studio Egret West.
The development is ideally located in Barking Town Centre with Barking Railway Station in close proximity.
It is perfect for travel/commuting using the Underground (Hammersmith & City and District Lines), Overground and C2C Rail.
Barking Town Centre has a wealth of local amenities on offer that are all easily accessible from the apartment’s prime location. Call today to secure a viewing
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 Cambridge Road, Barking, IG11
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