1-10 State Parade & 1-16 State Mansions Barkingside, IG6 2EZ - Harstonandco

Home Profile News Track Record Properties Services Icons/Small/telephone-white 020 3371 0061 Properties 1-10 State Parade & 1-16 State Mansions Barkingside, IG6 2EZ default Outline Aerial View CGI of proposed development (1) default 20260129_110022279_iOS 20260129_110420407_iOS 20260129_110506133_iOS ❮ ❯ For Sale Offers Over £5,000,000 1-10 State Parade & 1-16 State Mansions, High Street, Barkingside, IG6 2EZ Freehold Mixed-Use Investment Freehold Mixed-Use Investment | February 26, 2026 Executive Summary Three-storey mixed-use building situated on a 0.25-acre site The building comprises 10 x commercial units on the ground floor and 16 x flats on the upper two floors 11 of the flats are let on ASTs, 1 flat is let on a regulated tenancy, and 4 are sold off on long leases The property has a current passing rent of £400,545 per annum There is development potential for additional floors (STPP) WAULT of 12.5 years to expiries Offers are invited in excess of £5,000,000 for the freehold interest, subject to contract. A sale at this level would reflect a net initial yield of 7.5% assuming purchasers cost at 6.5%. Location The property is located in a prime position fronting onto Fullwell Cross Roundabout, the junction of Fairlop Road, Fullwell Avenue, and Barkingside High Street in Barkingside. Barkingside is a wellconnected suburban area in the London Borough of Redbridge, in North East London. Local amenities include a variety of shops, schools, cafés, restaurants, and supermarkets. The area is known for its vast green spaces, such as Fairlop Waters Country Park, and leisure facilities, such as Fullwell Cross Leisure Centre and Redbridge Sports Centre, all within close walking distance to the property. The area benefits from excellent transport links, with Fairlop Underground Station 0.3 miles from the property and Barkingside Underground Station 0.7 miles from the property, both providing direct connections to the City and West End via the Centra