£265,000
2 bed flat for saleElder Tree House, 596 Rainham Road South RM10
2 beds
1 bath
1 reception
EPC Rating: C
- Leasehold
Yieldit
.png)
About this property
Two well proportioned bedrooms
Investors only
Bright and spacious reception room
Excellent transport links
Purpose built development
Close to local shops and amenities
Hands off high yielding investment
Located within a regeneration growth area
Elder Tree House, 596 Rainham Road South, Rm10 8Yp
Investors only – 3-year guaranteed rent – truly hands-off investment
Offered strictly to investors, this bright and well-presented two-bedroom first-floor apartment comes with a 3-year contract providing guaranteed rent, ensuring immediate income and a genuinely hands-off investment.
The property features a spacious reception room with excellent natural light, a separate fitted kitchen with good storage and worktop space, two well-proportioned bedrooms, and a neatly finished modern bathroom. The layout offers a comfortable flow between living and sleeping areas, and the development benefits from secure entry and well-maintained communal areas.
Located on Rainham Road South within the London Borough of Havering, the property is conveniently positioned for local shops, supermarkets, schools, and green spaces. Excellent transport links are available via Dagenham East Underground Station and Dagenham Heathway Underground Station (District Line), offering direct access into Central London. The A13 and M25 are also easily accessible for those commuting by car.
The wider London Borough of Barking and Dagenham and Havering areas continue to benefit from regeneration and infrastructure investment, supporting strong rental demand. With guaranteed rent secured for three years and no day-to-day management required, this property represents a low-maintenance, income-producing opportunity for buy-to-let investors.
Financial Breakdown
Gross Rent: £18,000.00
Net income: £16,170.00
Gross yield: 6.79%
Net yield: 6.1%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08445
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
More information
Tenure
Leasehold (132 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review