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3 bedroom maisonette for sale
Cherry Tree Lane, Rainham, Havering, London, RM13
£285,000
Cherry Tree Lane, Rainham, Havering, London, RM13
£285,000
Our Summary
- 1% gross yield * Minimal Ongoing Costs: No ground rent, reasonable annual service charges * Zero Management Fees: Property is self-managed * Zero Maintenance Needs: No known repairs or building works required * Strong Capital Growth Area: Rainham, Essex offers reliable rental demand & commuter access to London Further Information Available Upon Request: * Recent inspection and inventory reports * Tenancy agreement & payment history * Leasehold documentation * Service charge breakdown Location Highlights: * Excellent transport links to Central London via Rainham Station * Close to local amenities, schools, and green space * Family-oriented neighbourhood ensuring long-term rental stability
- Buy-To-Let Investment Opportunity
Description
This property, a 3-bedroom maisonette in Rainham, Essex, offers a secure long-term rental income of £1,680 per month, with a tenancy in place since 2013. The property is in good condition, with no known repairs or building works required, and is fully self-managed, eliminating letting agent fees. The lease has over 170 years remaining, with no ground rent and reasonable annual service charges. The property's strong capital growth area, excellent transport links to Central London, and family-oriented neighborhood ensure long-term rental stability and potential for strong returns. With a gross yield of 7.1%, this investment opportunity offers a high-yielding and low-maintenance investment in a desirable location.