Barnstaple Road, Romford RM3 1 bed flat for sale

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Barnstaple Road, Romford RM3 1 bed flat for sale

Barnstaple Road, Romford, RM3
£182,500

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
  • 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 a lucrative investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, bathroom, and kitchen, and is currently generating an annual gross income of £15,000 with a tenant already in situ. The tenant has been consistently paying rent for several years and has no plans to move out, providing a stable source of income for the buyer. With a purchase price that offers potential for future rental income, this property is a worthwhile addition to any investor's portfolio, and Let Property is committed to facilitating a smooth transaction process.