5 bed terraced house for sale

Barking Road, London E16

An attractive freehold mixed-use investment comprising a three-storey, mid-terrace building with a ground-floor commercial premises and five self-contained residential flats above.

The ground-floor unit is currently occupied by a restaurant and benefits from a prominent position along Barking Road, offering strong street presence and visibility to passing pedestrians and motorists. The established commercial use, combined with the residential accommodation above, provides a diversified income-generating opportunity.

The five flats are arranged over the upper floors and benefit from their own separate entrance, allowing residents to access their accommodation independently of the commercial premises.

An additional area of land is situated to the rear of the building, providing further scope for consideration as part of a future investment or development strategy, subject to planning permission and the relevant statutory approvals.

The property currently produces an approximate combined annual income of £130,000, making it an appealing proposition for investors seeking an established rental income alongside longer-term opportunities to increase the asset's value.

There is also potential to investigate the conversion or redevelopment of the existing residential accommodation, with the possibility of creating up to 18 flats, subject to planning consent, building regulations, feasibility and all other necessary approvals.

Combining an established commercial occupier, five residential units, rear land and potential for future development, this property represents an opportunity to acquire a substantial freehold investment in one of East London’s evolving locations.

Located in the heart of Canning Town, East London, the property benefits from a well-established urban setting undergoing continued investment and transformation. The area has become increasingly attractive to businesses, residents and property investors, supported by major regeneration schemes and improving local infrastructure.

Canning Town Underground Station is conveniently accessible, offering both Jubilee Line and DLR services. These provide convenient connections to Canary Wharf, Stratford, London Bridge and the wider Central London area, making the location particularly appealing to commuters.

A variety of everyday amenities can be found nearby, including supermarkets, independent shops, cafés, restaurants, fitness facilities and other local services. Canary Wharf is also within easy travelling distance, providing access to a major business district alongside extensive shopping, dining and entertainment options. Royal Victoria Dock and the surrounding riverside areas offer opportunities for outdoor recreation.

The property's position is further enhanced by its proximity to London City Airport and the A13 and A12 road networks, providing convenient access across London and beyond. Continued regeneration and infrastructure investment contribute to the area's long-term appeal for both residential and commercial investment.

Asking Price: £2,800,000