Jutsums Lane, Romford RM7 1 bed flat for sale

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Jutsums Lane, Romford RM7 1 bed flat for sale

Jutsums Lane, Romford RM7
£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 fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a bedroom, three-piece bathroom, lounge, kitchen, and parking space. Currently, it produces an annual gross income of £15,000 with tenants already in situ, who have a good track record of paying their rent on time and have no intention of moving out. With a potential rental income that could increase in future years, this property is a worthwhile addition to any investor's portfolio. The current tenants have been in the property for several years and have consistently paid their rent, making for a smooth and reliable investment opportunity.