1-bedroom flat · IG11 9XE
For saleListed 594 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description 444 Rentals Ltd are delighted to present a 1 bedroom studio flat on the first floor situated on Greenslade Road, Barking.
The flat is minutes away from Barking Town Centre, where you have access to all the local amenities. Public transport is also at the doorstep of the property.
This is an excellent opportunity that has arisen for any potential buyers/investors to purchase this fantastic flat and is ideal for commuters or local workers looking to get their foot into the property ladder.
The flat is spacious, modernised and well maintained presenting the new owner with the opportunity of enjoying the flat immediately.
The flat comprises of the following: - A New Kitchen - A Spacious Living Room -A Separate Bedroom - A New bathroom - Flat has been Newly painted - Located on the First floor - parking for 2 cars **viewings by appointment only** Service charge 01/02/2025 to 31/01/2026: £1,637.78 01/02/2023 to 31/01/2024: £1,500.79 Ground rent £100 half yearly (£200 annually) Please call now to arrange viewings.
Important note to purchasers: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by 444 Rentals Ltd and there is no guarantee as to their operating ability or efficiency.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval.
Fixtures and fittings other than those mentioned are to be agreed with the vendor.
Council Tax Band: A (Barking & Dagenham Council) Tenure: Leasehold (162 years) Ground Rent: £200 per year Bedroom 1 (2.00m x 2.65m) Living Room (3.15m x 3.99m) Kitchen (2.28m x 2.09m) Bathroom (2.48m x 1.69m)
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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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
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FAQ
About 16 Greenslade Road, Barking
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