1 bed flat for sale

Ernest Websdale House, Barking IG11

A ready-made investment opportunity located within a consistently strong rental area in Barking, currently generating approximately £1,500 pcm from reliable long-term tenants with no arrears history, providing a secure and immediate income-producing asset from day one.

Priced competitively below comparable market value due to motivated circumstances, the property offers investors immediate equity alongside a projected yield of over 9%. Comparable rental properties within the IG11 0FX area and wider Barking regeneration zone are achieving approximately £1,400–£1,800 pcm, supported by strong tenant demand driven by affordability and excellent transport links into Central London.

Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.

Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.

All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.