2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Wedderburn Road, Barking, London, IG11
£346,000

Price History

Initial price £350,000
08/09/24 £348,000
09/11/24 £346,000
Price Change -1.14%

Description

This 2-bedroom mid-terrace house in Barking is a rare find for investors, offering a perfect blend of immediate income and long-term capital growth. The property features two bedrooms, a three-piece bathroom, a spacious lounge, and a modern kitchen, and is currently tenanted, generating a current yield of 7.54%. With its prime location close to schools, shops, and excellent transport links, it's highly attractive to potential tenants and has the potential to increase its rent to £2500, resulting in a potential yield of 8.57%. This landlord's dream property is already generating a steady stream of income and has minimal vacancy rates, making it an excellent addition to any property portfolio.