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1 bedroom flat for sale
Rushdon Close, Romford, London, RM1
£171,500
Rushdon Close, Romford, London, RM1
£171,500
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
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Romford is an attractive investment opportunity for those looking to expand their portfolio. The property is well-kept and features a bedroom, bathroom, lounge, and kitchen, and is currently generating an annual gross income of £12,600 with tenants who have been in situ for several years and have a strong track record of paying their rent on time. The property offers a rewarding rental return and has potential for future growth, making it a worthwhile addition to an investor's portfolio. The current tenants do not intend to move out, providing a stable and secure income stream for the buyer. The seller is committed to a smooth transaction process, making this a fantastic opportunity for investors to get on the property ladder.