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
£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)

Description

This 1-bedroom flat in Romford is a lucrative investment opportunity, currently generating an annual gross income of £15,000 with a tenant already in situ. The property is well-maintained and features a comfortable layout with 1 bedroom, lounge, bathroom, and kitchen. With its proximity to amenities and potential for future rental income, this is a worthwhile addition to an investor's portfolio. The current tenants have been long-term residents, paying rent consistently, and have no plans to move out, making for a smooth transition for the buyer.