Wennington Road, Rainham, Greater London, RM13 9TH
Size: 104 sqm
Purchase price
£550,000
Size: 104 sqm
Tenanted
Gross rent | £30,687 |
Net income | £30,687 |
Gross yield | 5.58% |
Net yield | 5.58% |
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent block of 2 flats and a commercial unit are located in the heart of Rainham and just 27 minutes to central London.
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent block of 2 flats and a commercial unit are located in the heart of Rainham and just 27 minutes to central London.
This excellent block of flats and commercial unit comprises of; a commercial unit on the ground floor with a fitted kitchen; a basement with two offices; WC; currently let as UPVC window company. The first floor comprises of; two double bedrooms; open plan living and dining area; fully fitted kitchen; three piece family bathroom. The second floor comprises of; one double bedroom; fully fitted kitchen; open plan lounge and dining area; private roof terrace.
The block benefits from each individual property being on separate titles and is also sold with the freehold. On street parking is also available.
Typical prices in the City of London are 89% higher than the pre-crisis peak, rising to £898,000 in September 2019. Edgeware’s close proximity to London ensures that rental demand is always high in this area as more people want a small town or village feel, away from the city, whilst still being close to the centre of London. Edgeware benefits from property prices which are 30.1% lower than the London average and yet prices have grown by over £100,000 in the last 5 years alone. This incredible property is sure to have a lot of interest so enquire today!
Less than mile to the local train station, the property is just 27 minutes from Central London making Rainham a fantastic location for working professionals. The area also has excellent access for the M1.
Interested in this property? Enquire today for more information
Key features
Earn instant income
1x two bedroom apartment
1x one bedroom apartment
Commercial unit
Freehold
Excellent location
27 minutes to central London
Great transport links
Shops and amenities nearby
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Freehold
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent block of 2 flats and a commercial unit are located in the heart of Rainham and just 27 minutes to central London. More info... Less info...
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent block of 2 flats and a commercial unit are located in the heart of Rainham and just 27 minutes to central London.
This excellent block of flats and commercial unit comprises of; a commercial unit on the ground floor with a fitted kitchen; a basement with two offices; WC; currently let as UPVC window company. The first floor comprises of; two double bedrooms; open plan living and dining area; fully fitted kitchen; three piece family bathroom. The second floor comprises of; one double bedroom; fully fitted kitchen; open plan lounge and dining area; private roof terrace.
The block benefits from each individual property being on separate titles and is also sold with the freehold. On street parking is also available.
Typical prices in the City of London are 89% higher than the pre-crisis peak, rising to £898,000 in September 2019. Edgeware’s close proximity to London ensures that rental demand is always high in this area as more people want a small town or village feel, away from the city, whilst still being close to the centre of London. Edgeware benefits from property prices which are 30.1% lower than the London average and yet prices have grown by over £100,000 in the last 5 years alone. This incredible property is sure to have a lot of interest so enquire today!
Less than mile to the local train station, the property is just 27 minutes from Central London making Rainham a fantastic location for working professionals. The area also has excellent access for the M1.
Freehold
*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 | £30,687 |
Net income | £30,687 |
Gross yield | 5.58% |
Net yield | 5.58% |
*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: 5236745.