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See how verdicts work1-bedroom flat · IG11 7ZE
Sold STCListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £250,000–£275,000 Teal Point, Drydock Square, Barking, IG11 Situated on the fifth floor of this modern and well-maintained development is this beautifully presented one-bedroom apartment, boasting far-reaching views across the London skyline, including Canary Wharf, The Shard and the London Eye.
Offering a superb open-plan layout, lift access, a long 242-year lease, no ground rent, and excellent transport connections, this is an outstanding opportunity for first-time buyers, professionals and investors alike.
The accommodation comprises a welcoming entrance hallway with useful storage, leading into a spacious open-plan kitchen, dining and living area, creating the perfect space for both relaxing and entertaining.
The contemporary kitchen is fully fitted with integrated appliances, generous worktop space and ample storage, while the bright and airy living area enjoys an abundance of natural light and direct access onto a generous private balcony, where the impressive skyline views can be fully appreciated.
The well-proportioned double bedroom offers excellent space for wardrobes and additional furniture, while the stylish bathroom is finished with a modern three-piece suite and quality fittings throughout.
Residents benefit from beautifully landscaped first-floor communal gardens together with access to an exclusive shared podium terrace, providing attractive outdoor spaces to relax and socialise.
The development also offers the added convenience and security of an on-site concierge service, available Monday to Friday from 8:00am until 9:00pm and Saturdays from 9:00am until 1:00pm.
Further benefits include a 242-year lease, no ground rent, a service charge of approximately £1,518 per annum, and lift access to all floors.
Perfectly positioned for commuters, Barking Station is within comfortable walking distance, providing District, Hammersmith & City, London Overground and c2c services, together with convenient connections to the Elizabeth Line.
From Barking, Fenchurch Street can be reached in approximately 15 minutes via c2c, while Liverpool Street is around 20 minutes away using the Elizabeth Line interchange or London Underground services.
East Ham Underground Station is also approximately one mile away, while road users will appreciate easy access to the A13, A406, A12, M11 and M25.
Everyday amenities are all within easy reach, including Tesco Superstore, the newly opened Morrisons, Nisa Local and the popular Triple Two Café within the Fresh Wharf development.
Barking Town Centre is just a short stroll away, offering an excellent selection of shops, cafés, restaurants, supermarkets and local services.
Westfield Stratford City is also easily accessible by public transport or car, providing one of Europe’s largest shopping and leisure destinations with an extensive range of retail stores, restaurants, bars, entertainment venues and leisure facilities.
Beckton Triangle Retail Park is also nearby, offering an even wider choice of shopping and dining options.
For those who enjoy an active lifestyle, there are several well-equipped gyms within walking distance, together with the excellent sporting facilities at Barking Park, including public tennis courts, whilst local residents can also take advantage of the nearby kayaking club, making this a fantastic location for both fitness and outdoor pursuits.
An exceptional apartment in a sought-after riverside development, combining modern living, superb commuter links, outstanding local amenities and spectacular panoramic views.
Call today to arrange your viewing.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Drydock Square, Barking, Essex, IG11
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