4-bedroom terraced house · IG11 0YY
For saleReduced £25k (−4.5%) on 3 OctListed 38 days
Opportunity summary
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About
Your Move Glenwood estate agents are pleased to offer 'for sale' this four bedroom townhouse within the Barking Riverside development, built in approximately 2022 by Bellway Homes.
The accommodation is situated across three floors as follows: Entrance to the property is at ground floor (street level) to include 11ft bedroom, separate WC, and two storage cupboards.
There are stairs from the entrance hall up to a mezzanine level which provides an 18ft reception room, with access to the 19ft x 15ft garden.
On the first floor there is an 18ft dining room/kitchen and 7ft bathroom/WC. The second floor offers a 17ft bedroom, 16ft bedroom, 12ft bedroom, and 7ft shower room/WC.
The property also benefits from one allocated parking space to the front of the property.
We understand that the new build warranty for the property is still in effect and we await further information on this.
The property is situated in Benson Street, which is within the Barking Riverside development - a new East London community set alongside the River Thames.
There are various resident facilities such as a gym. More information on Barking Riverside can be found at 'barkingriverside.london'.
The estimated service charges for the accounting year ending 31/07/2027 are £3,195.52.
The development is located within the London Borough of Barking & Dagenham, created as a joint venture between The Mayor of London and L&Q.
Benson Street is within approximately 0.4 miles of Barking Riverside train station (Zone 4 - Suffragette Line).
Barking Riverside Pier, which offers Uber Boat by Thames Clippers, has departures every 20 to 30 minutes (during operating hours) - connecting 24 piers across London. The Council Tax band is D.
The EPC rating is B.
Important Note to Potential Purchasers & Tenants: We endeavour to make our 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.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QCH260450/8
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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FAQ
About 5, Benson Street, Barking
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