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£265,000

2 bed flat for sale
Elder Tree House, 596 Rainham Road South RM10

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Leasehold

Yieldit

Logo of Yieldit

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

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Property descriptions and related information displayed on this page are marketing materials provided by - Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.