Summary - 548 BARKING ROAD PLAISTOW LONDON E13 9JU
1 bed 1 bath Mixed Use
Yield-led freehold with vacancy upside near major transport links.
Freehold mixed-use building delivering £48,000 pa current income
A substantial freehold mixed-use building on Barking Road offering immediate rental income and short-term upside. The ground-floor lock-up shop and first-floor two-bedroom flat are currently let, producing a combined income of £48,000pa; a rear commercial unit is vacant with a realistic rental target of £12,000pa. The property is in a convenient high-traffic location close to Plaistow and Custom House/ Canning Town transport links, local shops and multiple bus routes.
This is a clear play for investors seeking yield plus rental growth. The shop lease runs until 2036 with a rent review due in 2025; the flat and rear unit provide re-letting and rent-rise potential. The premises are large internally (circa 1,001 sq ft total) and include substantial display/store space and a separate rear commercial unit.
Buyers should note material cautions: only 13 years remain on a lease noted in the papers — mortgage lenders may refuse finance on that basis. The area records very high crime and significant deprivation, which can affect tenant profiles, void risk and insurance costs. Energy ratings are E (shop) and D (flat). All dimensions and tenancy details should be independently verified.
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