2-bedroom flat · IG11 8TJ
For saleListed 51 days
Opportunity summary
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About
Two Double Brand New Apartment For Sale In Barking The price advertised represents purchasing a 57% share of the home.
An exceptional opportunity awaits to acquire a stunning, brand new two-bedroom apartment situated on the fifth floor of the highly sought-after Edward Point development in Barking.
This contemporary residence, offered with a guide price of £380,000, epitomises modern urban living, perfect for professionals, couples, or small families seeking comfort and convenience.
Upon entering, you are greeted by a meticulously designed interior that boasts a spacious open-plan living area, seamlessly integrating the reception space with a brand new, fully fitted kitchen.
This expansive layout is ideal for both relaxing and entertaining, providing a versatile environment that can be tailored to your lifestyle.
The kitchen itself is a highlight, equipped with high-quality appliances and sleek finishes, ensuring a delightful culinary experience.
The apartment features two generously sized double bedrooms, offering ample space and natural light.
The master bedroom benefits from its own private ensuite bathroom, complete with contemporary fixtures and fittings, providing a private sanctuary.
A further three-piece family bathroom serves the second bedroom and guests, maintaining the property's high standard of finish throughout.
One of the standout features of this exquisite apartment is the private balcony, accessible from the living area.
This outdoor space offers a perfect spot for morning coffee, evening relaxation, or simply enjoying the views, adding an invaluable extension to the living accommodation.
Residents will also benefit from the convenience of a lift facility, ensuring easy access to all floors. The apartment is fully furnished with modern interiors, offered unfurnished if preferred.
Edward Point offers an array of desirable communal amenities designed to enhance residents' quality of life.
These include a beautifully maintained communal garden which can be accessed from the third floor, providing a tranquil green space for leisure and socialising.
For added peace of mind and convenience, the development features a dedicated concierge service and a secure video entry system, ensuring a safe and welcoming environment.
Located in Barking, this property benefits from excellent transport links, connecting residents to central London and beyond with ease.
The area is undergoing significant regeneration, offering a vibrant community with an increasing array of local amenities, shops, restaurants, and leisure facilities.
This new build apartment represents a fantastic opportunity to secure a high-quality home in a thriving East London location. Current annual ground rent to be confirmed.
Train Stations: Barking Station - 0.25 miles East Ham Station - 1.1 miles Ilford Station - 1.7 miles Buses: 62,169,238,287 Schools: Northbury Primary School - 0.25 miles Ripple Primary School - 0.55 miles Greatfields School - 0.75 miles To arrange an accompanied viewing, contact Victor Michael today on
Value & comps
No previous sales on record.
Returns
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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.
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About Flat 24, Edward Point, Barking
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