2 bedroom apartment

Flat 6, Jackson Court, 314, Romford Road, Forest Gate, Newham, London, E7 8BE

Size: sqm

Purchase price

£300,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
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

Key features

Sold With A Tenant In Situ

Key features

Third Floor Apartment

Key features

Two Bedrooms

Key features

Secure Intercom Access

Key features

Close By To Local Amenities

Key features

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...

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.

  • Key features
    Tick Desktop Sold With A Tenant In Situ
    Tick Desktop Third Floor Apartment
    Tick Desktop Two Bedrooms
    Tick Desktop Secure Intercom Access
    Tick Desktop Close By To Local Amenities
    Tick Desktop Fantastic Location
  • LocationLocation
  • EPCEPC

*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.

Breakdown
Financial performance*
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.