1-bedroom flat · IG11 8RB
Listing removedReduced £10k (−4.8%) on 14 OctListed 279 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*watch the video*- no onward chain - only £50 pm service charge - Short walk to Barking Train Station - spacious 1st floor double bedroom flat - Excellent Potential - spacious double bedroom, large lounge, good size kitchen, bathroom/WC - Close to various amenities including the popular market and Shopping Centre.
This property is highly recommended to view to appreciate the size, location & accommodation being offered.
What The Agent says: 'Situated in a very popular location in Barking, the property is perfect for first time buyers with the opportunity to turn this top floor flat into a lovely home.
Only a few minutes walk to Barking Station with links into Central London via C2C mainline service and the tfl District Line.
The large shopping centre and market is close by with all essential needs like doctors, dentists and chemists nearby.
The property enjoys stairs leading to an entrance hall, spacious lounge, kitchen with appliances, large double bedroom and bathroom. There is loft space for plenty of storage.
With No Onward Chain a speedy purchase is possible. 91 years left on the lease. I can highly recommend a viewing to appreciate this superb opportunity with many variables for renovation ideas'.
Features Entrance Hall Spacious Lounge Kitchen Double Bedroom Bathroom On road permit parking spaces Near various amenities. Few Minutes’ Walk to Barking Station and shopping centre.
With No Onward Chain a speedy purchase is possible Council Tax Band B EPC rating: C Leasehold Information Number of years remaining on the lease: 91 years Current ground rent - £50 per year Current service charge - £600 per year
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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 27A, Monteagle Avenue, Barking
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