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Sponsored Get a Survey — free quotes via ReallyMoving
2 bed flat
Keir Hardie Way, Barking, London, IG11
£220,000
-10.2%
Next Steps
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Price History
Initial price £245,000
Mar 19, 2026 £230,000
May 7, 2026 £220,000
Price Change -10.2%
Our Summary
- £750 A lease extension will enhance long-term investment value and secure the property's future income potential
- Investment Highlights Tenanted with long-term rental income of £1,700 pcm Strong rental yield potential Well-presented and maintained Excellent transport links via Barking Station Secure leasehold investment with potential for lease extension
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Description
The property is a two-bedroom, third-floor flat with a bright and spacious reception room that leads onto a private balcony, a functional kitchen/diner, two good-sized bedrooms, a bathroom, and a separate WC. The property benefits from gas central heating, double-glazed windows, and an EPC rating of D. It is located close to Barking Station, offering District Line access to Central London.
The property has a current rental income of £1,700 per calendar month and a net yield of 7.5%.