Barking – Know the Area

Barking estate agents praise the area for incredible levels of return on investment it generates for first-time buyers and buy-to-let investors.  

One of the main advantages this neighborhood offers is amazing proximity to the city center by way of the two Tube lines that serve its residents. For those looking to get out of the city or reach the airport, Barking also offers convenient and fast routes to the motorway. Second of all, Barking is the place to be if you are looking to buy or rent in an updated, modern district with tall buildings and contemporary amenities. The value for money for properties here is also great. You can get more space and a more suburban feel close to the city centre on a smaller budget.  

With all this, Barking still has affordable housing prices. Investors looking to buy in Barking can expect healthy profits and yields as high as 6% on their purchases. If you are interested in a property in Barking, our [estate agents] can help you get the best deals.  

For families, the Leftley Estate area offers 1930 terrace homes built in Victorian style on stunning tree-lined streets. Close to Barking Park and good schools and set in a peaceful community, this area has everything a young family could dream of.  

For young professionals, Barking is full of new-builds with modern amenities. Riverside Park is only one example. It is a remarkable mixed-use project that has transformed this London neighborhood and given it new life, offering any contemporary facility you could think of.  

Valence Park is another interesting area in Barking, where you can find 2-bedroom 1950s style homes at very reasonable prices. The nearby Chadwell Heath station will be included in the route of the new Crossrail shortening commute times and improving access to the city centre and the West End.  

If Barking estate agents had to choose only one piece of advice for house hunters looking into purchasing a property in Barking it would be: don’t wait. Barking’s reputation as a new, cosmopolitan urban centre can no longer be kept a secret. The new influx of residents and businesses has been increasing prices in the area at a steady pace for over 10 years. Buying now can guarantee you still benefit from the great value for money Barking properties can bring to first-time buyers, as well as the amazing return on investment it can yield for buy-to-let investors.  

BeFirst, an independent regeneration company owned by Barking and Dagenham Council is leading the way for Barking’s major regeneration plans. Their manifesto describes the company’s plan to build 50,000 new homes and create an astounding 20,000 new jobs over the course of the next 20 years. Their programs include building both modern and affordable housing, accelerating the Decent Homes programme for Council tenants, creating partnerships to increase the number of jobs and opportunities in the local economy, and working to expand and build new schools and improve community facilities, parks, transport and cultural and leisure facilities.