2 bed flat

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2 bed flat

Oval Road South, Dagenham RM10
£220,000

Our Summary

  • It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
  • 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 investor's property portfolio
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Dagenham offers a fantastic investment opportunity for those looking to expand their portfolio. With a tenant already in residence, the property currently generates an annual gross income of £11,400, making it a worthwhile addition to an investor's portfolio. The property features two bedrooms, a lounge, a kitchen, and a three-piece bathroom, as well as on-street parking. The current tenants have been residing in the property for six years and have consistently paid their rent on time, with no plans to move out. With a strong potential for rental returns and a convenient location close to essential amenities, this property is a great opportunity for investors to grow their portfolio.