Home for Sale, 298, Ripple Road, BARKING, United Kingdom

98 Ripple Road, Barking, IG11Guide Price: £525,000Gross 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.