Flat 6, Jackson Court, 314, Romford Road, Forest Gate, Newham, London, E7 8BE
Size: sqm
Purchase price
£300,000
Size: sqm
Tenanted
Gross rent | £18,000 |
Ground rent | £70 |
Service charge | £1,800 |
Net income | £16,130 |
Gross yield | 6% |
Net yield | 5.38% |
yieldit are delighted to present to the market this incredible investment opportunity which is under a company let producing an impressive 5.38% net return. This is a true hands-off investment which will have all maintenance and any void periods handled by the tenant during the three year contract, making this an excellent addition to any sized investment portfolio. The accommodation consists of entrance hallway; open plan spacious lounge, fully fitted modern kitchen, two well proportioned bedrooms, family bathroom with three piece suite and allocated parking space. Jackson Court is ideally located close to a host of everyday amenities and has access to fantastic transport links into Central London.
Newham is quickly becoming a hotbed for young professionals due to its affordability and having exceptional public transport links, it’s the perfect base for those working in the City of London and Canary Wharf. Upton Park Station is just 0.5 a mile and Forest Gate Station, which is on the Elizabeth Line is just 1 mile from the property. Newham also attracts a large student population, with two University of East London campuses based in the borough where 13,500 students from 135 counties are enrolled, meaning there will be continuous demand for rental properties in the area and of those studying in more expensive parts of the capital.
Newham has benefited from extensive regeneration in recent years but still provides fantastic value for money for buy-to-let investors. The East London borough has ambitious plans for the future with major investment in the Royal Docks, a unique waterfront and a growing home for business and culture, with plans for up to seven million square foot of commercial space and incentives to attract foreign investment. It is expected that 35,000 jobs will be created as a result and up to 60,000 in the wider area, which is great news for tenant demand and property prices in the area.
ENQUIRE TODAY ON THIS SUPERB TENANTED INVESTMENT! This two bedroom apartment sold with a secured rent in place for three years.
Interested in this property? Enquire today for more information
Key features
Sold With A Tenant In Situ
Third Floor Apartment
Two Bedrooms
Secure Intercom Access
Close By To Local Amenities
Fantastic Location
ENQUIRE TODAY ON THIS SUPERB TENANTED INVESTMENT! This two bedroom apartment sold with a secured rent in place for three years. More info... Less info...
yieldit are delighted to present to the market this incredible investment opportunity which is under a company let producing an impressive 5.38% net return. This is a true hands-off investment which will have all maintenance and any void periods handled by the tenant during the three year contract, making this an excellent addition to any sized investment portfolio. The accommodation consists of entrance hallway; open plan spacious lounge, fully fitted modern kitchen, two well proportioned bedrooms, family bathroom with three piece suite and allocated parking space. Jackson Court is ideally located close to a host of everyday amenities and has access to fantastic transport links into Central London.
Newham is quickly becoming a hotbed for young professionals due to its affordability and having exceptional public transport links, it’s the perfect base for those working in the City of London and Canary Wharf. Upton Park Station is just 0.5 a mile and Forest Gate Station, which is on the Elizabeth Line is just 1 mile from the property. Newham also attracts a large student population, with two University of East London campuses based in the borough where 13,500 students from 135 counties are enrolled, meaning there will be continuous demand for rental properties in the area and of those studying in more expensive parts of the capital.
Newham has benefited from extensive regeneration in recent years but still provides fantastic value for money for buy-to-let investors. The East London borough has ambitious plans for the future with major investment in the Royal Docks, a unique waterfront and a growing home for business and culture, with plans for up to seven million square foot of commercial space and incentives to attract foreign investment. It is expected that 35,000 jobs will be created as a result and up to 60,000 in the wider area, which is great news for tenant demand and property prices in the area.
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
Gross rent | £18,000 |
Ground rent | £70 |
Service charge | £1,800 |
Net income | £16,130 |
Gross yield | 6% |
Net yield | 5.38% |
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
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yieldit is a company registered in England and Wales. Registered number: 11547318.
© 2022 yieldit | Privacy Policy | Terms & Conditions | Complaints Procedure
yieldit is a company registered in England and Wales. Registered number: 5236745.