2 bedroom flat for sale

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2 bedroom flat for sale

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.