Block of Apartments

Wennington Road, Rainham, Greater London, RM13 9TH

Size: 104 sqm

Purchase price

£550,000

Size: 104 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
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

Key features

Earn instant income

Key features

1x two bedroom apartment

Key features

1x one bedroom apartment

Key features

Commercial unit

Key features

Freehold

Key features

Excellent location

Key features

27 minutes to central London

Key features

Great transport links

Key features

Shops and amenities nearby

Key features

`

Key features

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...

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.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop 1x two bedroom apartment
    Tick Desktop 1x one bedroom apartment
    Tick Desktop Commercial unit
    Tick Desktop Freehold
    Tick Desktop Excellent location
    Tick Desktop 27 minutes to central London
    Tick Desktop Great transport links
    Tick Desktop Shops and amenities nearby
    Tick Desktop `
    Key features

    Freehold

  • 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 £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.