Just Moovin are proud to offer for sale this eight bedroom HMO licenced property with no onward chain. The property comprises two bedrooms, a shower room and a large kitchen/diner/lounge to the ground floor. On the first floor you have five spacious bedrooms and a common bathroom with a further bedroom in the loft. Bedroom three and eight have en-suites. A large part paved rear garden offering adequate outdoor space. The property is situated just off of River Road with easy access to excellent transport links such as the A13, A406, M11, M25 and local amenities.
Great Investment Opportunity.
Please call our sales team for further details and to arrange your viewing.
Agent Details
Just Moovin, Barking
020 3910 6688
Next Steps?
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Cashflows
Cash In
Deposit (25%)
£175,000
Stamp duty & legals
£44,700
Total cash in
£219,700
Cash Out
Room rate
£767
Gross rent
£6,136
Running costs/mo
£4,456
Cashflow/mo
£1,680
Cashflow/yr
£20,160
ROI
9%
Gross yield
11%
Stats
Population in IG11
51,284
Population in Barking
52,293
Town centre distance
0.81 miles away
Nearest school
0.40 miles away
Nearest train station
0.89 miles away
Rental demand
Landlord's market
Rental growth (12m)
+5%
Sales demand
Buyer's market
Capital growth (5yrs)
+15%
Sold prices
£300K - £992K
Sold prices/m²
£3,303/m² - £8,269/m²
Square metres
~248 m²
Price/m²
£2,823/m²
Value estimate
£861,000
BMV
23%
Local Sold Prices
50 sold prices
Price
Date
Distance
Address
Price/m²
m²
Beds
Type
£440K
10/21
0.04 mi
110, Westminster Gardens, Barking, Greater London IG11 0BL
£5,116
86
4
Terraced House
£380K
01/21
0.09 mi
7, Craven Gardens, Barking, Greater London IG11 0BW
£4,086
93
4
Terraced House
£435K
10/21
0.29 mi
19, Felton Road, Barking, Greater London IG11 7XZ
£4,677
93
4
Semi-Detached House
£360K
01/21
0.31 mi
18, Curzon Crescent, Barking, Greater London IG11 0JY
£3,303
109
4
Terraced House
£300K
02/23
0.59 mi
6, Maybury Road, Barking, Greater London IG11 0PJ
-
-
4
Terraced House
£445K
03/21
0.61 mi
77, Suffolk Road, Barking, Greater London IG11 7QP
£3,504
127
4
Semi-Detached House
£507K
06/23
0.75 mi
219, Bastable Avenue, Barking, Greater London IG11 0QQ
-
-
4
Terraced House
£500K
09/22
0.89 mi
24, Thorpe Road, Barking, Greater London IG11 9XJ
£4,065
123
4
Semi-Detached House
£480K
08/20
0.92 mi
16, Hornbeam Close, Barking, Greater London IG11 0HA
£4,103
117
4
Terraced House
£425K
12/20
0.92 mi
108, Alderman Avenue, Barking, Greater London IG11 0LR
£4,009
106
4
Terraced House
£550K
03/23
0.96 mi
37, Wilmington Gardens, Barking, Greater London IG11 9TP
-
-
4
Terraced House
£515K
06/21
0.96 mi
32, Cranleigh Gardens, Barking, Greater London IG11 9TJ
£5,659
91
4
Terraced House
£600K
11/22
0.97 mi
50, Edgefield Avenue, Barking, Greater London IG11 9JN
-
-
4
Terraced House
£530K
07/21
0.98 mi
159, Folkestone Road, London, Greater London E6 6AZ
-
-
4
Terraced House
£585K
02/22
1.01 mi
1, Sandringham Road, Barking, Greater London IG11 9AA
-
-
4
Semi-Detached House
£504K
04/21
1.01 mi
52, Hulse Avenue, Barking, Greater London IG11 9UW
£3,652
138
4
Terraced House
£683K
03/23
1.04 mi
132, Longbridge Road, Barking, Greater London IG11 8SL
£5,135
133
4
Semi-Detached House
£489K
12/19
1.06 mi
27, Hurstbourne Gardens, Barking, Greater London IG11 9UY
£3,677
133
4
Terraced House
£470K
03/21
1.06 mi
12, Bevan Avenue, Barking, Greater London IG11 9NW
£3,730
126
4
Terraced House
£515K
04/21
1.07 mi
9, Hulse Avenue, Barking, Greater London IG11 9UN
-
-
4
Semi-Detached House
£650K
03/21
1.08 mi
106, Upney Lane, Barking, Greater London IG11 9LR
£4,610
141
4
Semi-Detached House
£625K
09/21
1.08 mi
96, Upney Lane, Barking, Greater London IG11 9LR
£3,906
160
4
Semi-Detached House
£485K
08/21
1.08 mi
10, Folkestone Road, London, Greater London E6 6BY
£6,415
76
4
Terraced House
£475K
09/21
1.09 mi
10, Park Avenue, Barking, Greater London IG11 8QU
-
-
4
Terraced House
£645K
09/20
1.09 mi
119, Upney Lane, Barking, Greater London IG11 9LD
£8,269
78
4
Semi-Detached House
£685K
03/21
1.09 mi
101, Upney Lane, Barking, Greater London IG11 9LD
-
-
4
Semi-Detached House
£710K
05/22
1.09 mi
57, Upney Lane, Barking, Greater London IG11 9LD
-
-
4
Semi-Detached House
£992K
05/22
1.11 mi
160, Longbridge Road, Barking, Greater London IG11 8SS
£3,620
274
4
Detached House
£570K
06/23
1.14 mi
87, Beccles Drive, Barking, Greater London IG11 9HY
-
-
4
Terraced House
£680K
05/21
1.16 mi
188, Longbridge Road, Barking, Greater London IG11 8SU
-
-
4
Semi-Detached House
£397.5K
06/21
1.19 mi
67, Park Avenue, London, Greater London E6 2PY
£5,932
67
4
Terraced House
£660K
01/20
1.2 mi
18, Upney Lane, Barking, Greater London IG11 9LW
£4,681
141
4
Semi-Detached House
£380K
12/20
1.24 mi
179, Harts Lane, Barking, Greater London IG11 8NB
£3,958
96
4
Terraced House
£495K
06/21
1.26 mi
10, St Olaves Road, London, Greater London E6 2PA
£5,824
85
4
Terraced House
£530K
12/19
1.27 mi
91, Sandringham Road, Barking, Greater London IG11 9AF
£3,557
149
4
Terraced House
£490K
12/22
1.28 mi
18, Sovereign Road, Barking, Greater London IG11 0XQ
£5,904
83
4
Semi-Detached House
£450K
12/20
1.3 mi
275, Burges Road, London, Greater London E6 2ES
£3,947
114
4
Terraced House
£380K
03/21
1.3 mi
48, Gurney Close, Barking, Greater London IG11 8JX
£5,672
67
4
Semi-Detached House
£490K
01/21
1.3 mi
1, Tyrone Road, London, Greater London E6 6DT
£4,414
111
4
Terraced House
£470K
05/23
1.33 mi
19, Basedale Road, Dagenham, Greater London RM9 4QA
£3,983
118
4
Terraced House
£490K
01/21
1.35 mi
11, Roman Road, Ilford, Greater London IG1 2NY
£3,684
133
4
Terraced House
£436K
10/21
1.37 mi
207, Caledon Road, London, Greater London E6 2EX
-
-
4
Terraced House
£357.5K
02/21
1.38 mi
10, Charlemont Road, London, Greater London E6 6HL
£3,886
92
4
Terraced House
£500K
02/20
1.42 mi
24, Loxford Lane, Ilford, Greater London IG1 2PJ
£4,587
109
4
Semi-Detached House
£655K
03/23
1.42 mi
97, Dereham Road, Barking, Greater London IG11 9EY
£5,221
125
4
Terraced House
£490K
03/22
1.44 mi
64, Uphall Road, Ilford, Greater London IG1 2JF
£5,213
94
4
Semi-Detached House
£600K
06/21
1.46 mi
62, Cavendish Gardens, Barking, Greater London IG11 9DX
£4,138
145
4
Terraced House
£650K
12/22
1.46 mi
30, Brixham Gardens, Ilford, Greater London IG3 9AZ
-
-
4
Terraced House
£535K
03/21
1.46 mi
14, Brixham Gardens, Ilford, Greater London IG3 9AZ
£5,095
105
4
Terraced House
£490K
06/21
1.49 mi
2, Sheringham Drive, Barking, Greater London IG11 9AN