1-bedroom flat · IG11 0DL
For saleListed 287 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Reserve a selected Shared Ownership home between the 1st - 30th June and receive £3,000 towards buying costs* Frost House - Plot 153 Ready to move into 1 bedroom first floor apartment.
Monthly costs from £1,080^ Open plan living space leading to private balcony ideal for relaxing and entertaining. Integrated appliances and flooring included. Utility cupboard for additional storage.
Access to landscaped podium garden, residents' gym, co-working space hub, concierge and post-room. Short walk to Barking Riverside Overground station for Suffragette line services to central London.
Uber Boat operating daily from Barking Riverside Pier.
Full Market Value: £275,000 Shared Value (25%): £68,750 Minimum deposit: (5%) £3,438 Required income: £40,481 Rent pcm: £473^ Service Charge pcm: £256.74^ Council tax band: Tbc Please note parking is not available with this plot Discover Barking Riverside, an exciting new neighbourhood for East London, located on the banks of the River Thames in the London Borough of Barking & Dagenham.
Barking Riverside is a place to put down roots and be part of an evolving community. L&Q offer a collection of new-build apartments available through Shared Ownership. What is Shared Ownership?
Under the Shared Ownership scheme you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder.
The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own.
Over time, you can increase the share you own until you eventually own 100%. ^Total monthly outgoing guide based on 5% deposit on a 30 year mortgage term at 5% interest rate.
Rent value of £473 pcm on unsold share. Mortgage value of £351 pcm on 25% share. Service charge value of £257.74 pcm. Mortgage Broker will confirm figures case by case.
L&Q terms and conditions apply. *Incentive terms and conditions apply. Offer is available on selected Shared Ownership properties only.
Incentive amount is based on the property type and development. For full terms and conditions visit . Shared Ownership terms and conditions apply.
Prices start from £66,250 for a 25% share of a 1 bedroom apartment at L&Q at Barking Riverside. Full market value of £265,000. For more information please visit .
About Barking Riverside Reserve a selected Shared Ownership home between the 1st - 30th June and receive up to £3,000 towards buying costs* Discover Barking Riverside , an exciting new neighbourhood for East London, located on the banks of the River Thames in the London Borough of Barking & Dagenham.
Barking Riverside is a place to put down roots and be part of an evolving community.
It is transforming a historic industrial site into a vibrant riverside community in this corner of East London, with thousands of new homes, green spaces, schools, commercial facilities, and improved transport connections.
L&Q offer a collection of new-build apartments available through Shared Ownership.
Homes feature open plan living areas, integrated appliances, master bedrooms with fitted wardrobes and a private balcony or terrace.
All apartments are ready to move into and available with just a 5% deposit.
Residents' only gym Co-working hub Concierge & Post Room On-site Co-op Community space coffee shop - grounded Connections to the capital from Barking Riverside station - Suffragette line.
Daily Uber Boat by Thames Clipper services from Barking Riverside pier Three 24-hour bus routes - EL1, EL2 and EL3 Book your viewing today! L&Q terms and conditions apply.
*Incentive terms and conditions apply. Offer is available on selected Shared Ownership properties only. Incentive amount is based on the property type and development.
For full terms and conditions visit . Shared Ownership terms and conditions apply. Prices start from £66,875 for a 25% share of a 1 bedroom apartment at L&Q at Barking Riverside.
Full market value of £267,500. Please visit for more information.
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
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FAQ
About 153_frost_house, Frost House, Podd Street, Ig11 0Ez, Barking
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