Ripple Road, Barking IG11 7RW

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available

Guide price of £525,000

Barking, United Kingdom

Goodmayes

Guide price of £525,000

4 BED

2 BATH

2 Receptions

Council Tax Band: B

Council Tax Rate: tbc

Freehold

98 Ripple Road, Barking, IG11
Guide Price: £525,000
Gross Yield: Approx. 6.3%

A rare opportunity to acquire a freehold investment property comprising two self-contained flats, ideally located in a strong and well-connected residential area of Barking.

The property is arranged as follows:

A spacious two-bedroom ground floor flat, currently achieving £1,550 per month
A well-proportioned one-bedroom first floor flat, currently achieving £1,200 per month

The property is fully let, producing a combined rental income of £2,750 per calendar month (£33,000 per annum), offering immediate income from completion and a strong gross yield of approximately 6.3%.

Key features include:

Freehold title
Established tenancy in place
Strong rental demand in the area
Excellent transport links and local amenities
Well-maintained investment asset

The property is located within easy reach of Barking Station, providing access to the District, Hammersmith & City, and C2C lines, ensuring excellent connectivity into Central London and surrounding areas.

There is also potential for future break-up and individual resale of the flats (STPP), offering further capital growth opportunities.

This is an ideal purchase for investors and portfolio landlords seeking a high-yielding, income-producing asset in a proven rental location with long-term upside potential.

For further information or to arrange a viewing, please get in touch.

Under the Consumer Protection Act 1987 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers.

Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify your financial position before we can recommend any offer to the vendor.