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3 bedroom maisonette for sale
Cherry Tree Lane, Rainham, Havering, London, RM13
£270,000
Cherry Tree Lane, Rainham, Havering, London, RM13
£270,000
Price History
Initial price | £285,000 |
14/07/25 | £270,000 |
Price Change | -5.26% |
Description
This property, located at 202 Cherry Tree Lane, is a 3-bedroom maisonette with a long-term family tenant in place since 2013, generating a rental income of £1,680 per month. The property is in good condition, with recent inspection reports and inventories available. With over 170 years remaining on the lease, there is no ground rent, and the annual service charges are reasonable. The property is self-managed, eliminating letting agent fees, and has no known repairs or building works required. The area of Rainham, Essex, offers reliable rental demand and commuter access to London, making it a strong choice for investment. With a solid monthly rental income and minimal ongoing costs, this property has the potential for high yields and strong capital growth.