Guide price
£200,000
3 bed flat for saleRipple Road, Barking, London IG11
3 beds
1 bath
1 reception
EPC Rating: D
Just added
Chain free
Auction
Leasehold
About this property
Sold by Modern method of auction
Chain free
Long lease – 960 years
No service charge
Perfect for investors
Moments from Barking station
Close to local shops and amenities
Offered to the market chain free, this generously sized three-bedroom first-floor flat enjoys a highly convenient position on Ripple Road, Barking IG11, just moments from Barking Station, providing excellent transport links into the city and beyond.
The accommodation comprises a living and dining room, a separate fitted kitchen, three well-proportioned double bedrooms, a family bathroom, separate WC and ample hallway storage.
A standout feature of the property is the newly extended lease of approximately 960 years, together with no service charge and a ground rent of just £50 per annum.
This property is perfect for investors and offers great rental yields.
The local area has a lot to offer having direct access to Barking Town Centre and Barking Railway Station with its connections to the Underground (Hammersmith & City and District Lines), Overground and C2C Rail service.
There are also lots of amenities in the local area including, multi-cultural shopping and dining options, as well as a regular street market, Leisure Centre, Gyms, plenty of Parks, recreational facilities and places of worship.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (I am sold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
The accommodation comprises a living and dining room, a separate fitted kitchen, three well-proportioned double bedrooms, a family bathroom, separate WC and ample hallway storage.
A standout feature of the property is the newly extended lease of approximately 960 years, together with no service charge and a ground rent of just £50 per annum.
This property is perfect for investors and offers great rental yields.
The local area has a lot to offer having direct access to Barking Town Centre and Barking Railway Station with its connections to the Underground (Hammersmith & City and District Lines), Overground and C2C Rail service.
There are also lots of amenities in the local area including, multi-cultural shopping and dining options, as well as a regular street market, Leisure Centre, Gyms, plenty of Parks, recreational facilities and places of worship.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (I am sold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
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Monthly repayment
£1,000 per month
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More information
Tenure
Leasehold (959 years)
Service charge
Council tax band
B
Ground rent
£50
Ground rent date of next review



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