>
1 bed flat
Barnstaple Road, Romford RM3
£175,000
Barnstaple Road, Romford RM3
£175,000
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)
Description
This 1-bedroom flat in Romford is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, bathroom, and kitchen, with a current annual gross income of £15,000 from a tenant who has been in residence for several years and has a strong track record of paying rent on time. With a potential rental income that could increase in future years, this property is a worthwhile addition to any investor's portfolio. The current tenants have no intention of moving out, making it a stable and reliable investment option.