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2 bedroom flat for sale
St. Clements Avenue, Romford, RM3
£415,000
St. Clements Avenue, Romford, RM3
£415,000
Price History
Initial price | £489,000 |
19/07/24 | £425,000 |
27/07/24 | £420,000 |
01/08/24 | £415,000 |
07/08/24 | £410,000 |
14/08/24 | £405,000 |
22/08/24 | £400,000 |
30/08/24 | £395,000 |
22/09/24 | £390,000 |
26/09/24 | £385,000 |
02/10/24 | £425,000 |
09/10/24 | £420,000 |
16/10/24 | £415,000 |
Price Change | -15.13% |
Description
This 2-bedroom flat in Romford is a fantastic investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £16,200, which has the potential to increase to £19,320 with a market rate rental. The current tenants, who have been living in the property for several years, have consistently paid their rent and have no intentions to move out. The property features 2 bedrooms, a lounge, kitchen, and ensuite, and is well-kept throughout. With a tenant already in situ, the new owner can expect a smooth transition and minimal disruption. Overall, this property offers a worthwhile addition to an investor's portfolio, with a strong potential for long-term returns.