St. Clements Avenue, Romford, RM3

2 bedroom Flat in Romford

For Sale
Offers Over £420,000
Current Yield 3.3 %
Potential Yield 4 %
Property Reference: 204590456
  • Flat
  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 78 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenants Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Three Piece Bathroom
  • Spacious Room
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a 2 bedroom flat located in Romford. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, lounge, kitchen, and ensuite.

Investment details

It currently produces an annual gross income of £16,200 which could be increased by the new owner to a market rate of £19,320] with long term tenants currently situated. Considering the purchase price, 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.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 204590456

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £1,350
  • Potential Rent pcm: £1,610
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: Moved in within the last 2 years
  • Tenants means of funding: Employment
Property Reference: 204590456
Property Reference: 204590456

Property Location

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Request DetailsSt. Clements Avenue, Romford, RM3

Offers Over £420,000

Make an offer
St. Clements Avenue, Romford, RM3

Listing Price

Offers Over £420,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.