>
1 bedroom flat for sale
Barnstaple Road, Romford, RM3
£185,000
Barnstaple Road, Romford, RM3
£185,000
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 a great investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £15,000 with a tenant already in place, and has the potential to earn even more in future years. The well-kept home features a comfortable 1 bedroom, lounge, bathroom, and kitchen, making it an attractive option for tenants. With the current tenants having lived in the property for several years and having consistently paid their rent, there is minimal risk of vacancy. The property's strong rental returns and potential for future growth make it a worthwhile addition to any investor's portfolio, and Let Property is committed to facilitating a smooth transaction process for all parties involved.