1 bedroom apartment for sale

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1 bedroom apartment for sale

Lux Building, Maxwell Road, Romford RM7
£240,000

Our Summary

  • An exceptional investment opportunity, Lux Building is a modern one-bedroom apartment located on Maxwell Road, Romford
  • With a reliable rental history and excellent yield, this turnkey property represents a secure and appealing investment opportunity

Description

This exceptional one-bedroom apartment in the Lux Building, Romford, offers a rare investment opportunity, yielding above 6% net. The top-floor flat boasts a large private terrace with wonderful views, making it a highly desirable feature in modern apartment living. The property is well-presented and features a bright open-plan living area, modern fitted kitchen, double bedroom, and stylish bathroom. Located within easy reach of Romford town centre and Romford Station, the property offers excellent connectivity to Central London and beyond. With a reliable rental history and excellent yield, this turnkey property represents a secure and appealing investment opportunity, generating £14,616 per annum and offering a gross yield of 7.25% and net yield of 6.09%.