1 bedroom flat for sale

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1 bedroom flat for sale

Jutsums Lane, Romford, London, RM7
£180,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Romford is an excellent investment opportunity, generating a current annual gross income of £15,000 with a tenant already in situ. The property, which features a well-kept home with one bedroom, three-piece bathroom, lounge, kitchen, and parking space, has the potential to increase rental returns in future years. The current tenants, who have lived in the property for several years and have consistently paid their rent, do not intend to move out, providing a stable income stream for the new owner. With its proximity to valuable amenities and potential for future growth, this property is a fantastic addition to any investor's portfolio.