Stern Close, Barking, London, IG11
By Pure Investor
£ 230,000
Reviews
3 out of 5 stars
Pure Investor says ..
Current annual rental income of £13,752. Market rate around £18,000 per annum | Current tenants are on a rolling contract | Potential to bring the gross yield up from 5.15% to 7.7% | £230,000 asking price is below the market rate asking price for the Barking area | Strong transport links in the area
Property Oracle says ..
This is a two-bedroom flat located in Stern Close, Barking. The property is listed for £230,000 and has a square footage of 620. The flat appears to be in good condition, with a modern kitchen and bathroom. The location is in Barking, which provides access to London but has some less desirable areas. The flat is located near several schools and transportation options, including Dagenham Dock. Overall, the property seems reasonably priced and in good condition, making it a potentially attractive option for buyers or investors. The flat benefits from communal green spaces.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 7
- Location
- 6
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 620.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 557,608.00 £Increased by 11.45 %
- Est sale value
- 346,580.00 £Increased by 9.39 %
- Average area rental value
- 2,301.00 £/moIncreased by 13.07 %
- Est letting value
- 1,240.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.95 %Increased by 1.43 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Pure Investor created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Riverside Primary School | Free Schools | Good | 0.64 KM |
| Riverside School | Free Schools | Good | 0.66 KM |
| Riverside Bridge School | Free Schools Special | Good | 0.66 KM |
| Monteagle Primary School | Community School | Good | 0.89 KM |
| Jo Richardson Community School | Community School | Good | 1.19 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Salamanca Place | £ 0 | 0 | 0.00 KM |
| Hume Terrace | £ 0 | 0 | 0.00 KM |
| Utting Street | £ 0 | 0 | 0.00 KM |
| Hume Terrace | £ 0 | 0 | 0.00 KM |
| Benson Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Dagenham Dock | 7440 | DDK | 3.18 KM |
| Abbey Wood | 5131 | ABW | 4.08 KM |
| Barking | 7492 | BKG | 4.25 KM |
| Goodmayes | 6878 | GMY | 4.30 KM |
| Seven Kings | 6893 | SVK | 4.64 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Stern Close, Barking, London, IG11 | £ 230,000 | BUY | 6 / 10 | 0.00 KM |
| Stern Close, Barking, IG11 | £ 325,000 | BUY | 4 / 10 | 0.02 KM |
| Liberty Court, Barking, IG11 | £ 275,000 | BUY | Unknown | 0.03 KM |
| St Aidans Court, Blessing Way, Barking, IG11 | £ 200,000 | BUY | 5 / 10 | 0.06 KM |
| Stern Close, Barking | £ 240,000 | BUY | 5 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 2 Great Fleete Way | £ 275,000 | 0.12 KM |
| 5 Great Fleete Way | £ 158,000 | 0.15 KM |
| 8 Great Fleete Way | £ 68,950 | 0.15 KM |
| 49 Stern Close | £ 260,000 | 0.18 KM |
| 25 Stern Close | £ 160,000 | 0.18 KM |