£90,000
Studio for saleBarking Road, Plaistow E13
1 bath
1 reception
EPC Rating: C
Added on
About this property
*** 15% rental yield with guarntee rent*** An attractive investment opportunity offering a potential annual yield of nearly 15%, this well-positioned flat in East London presents an appealing proposition for cash investors seeking strong rental income potential in a well-connected location.
Set above a parade of local shops, the property benefits from a secure communal entrance and a practical layout designed for modern city living. The accommodation comprises an entrance hallway leading to an open-plan kitchen and living area, a separate bedroom and a shower room.
The open-plan living space provides flexibility for both seating and dining, while the fitted kitchen offers a range of wall and base units, work surfaces and space for appliances. The separate bedroom provides a private sleeping area, complemented by a shower room with shower enclosure, wash hand basin and WC.
From an investment perspective, the property benefits from its location within a busy and well-connected part of East London, with a broad range of amenities and transport links close by. Green Street is nearby, providing access to independent retailers, supermarkets, cafés and restaurants, while Stratford offers extensive shopping, leisure and entertainment facilities at Westfield Stratford City and the surrounding area.
Transport connectivity is another key feature. Upton Park and Plaistow Underground stations provide access to the District and Hammersmith & City lines, while Stratford offers connections across the Central and Jubilee lines, DLR, London Overground, National Rail and the Elizabeth line. Local bus services and road links to the A13 and A406 further enhance accessibility.
The surrounding area also offers access to parks and recreational facilities, including West Ham Park and Queen Elizabeth Olympic Park, providing attractive amenities for residents.
For investors, the combination of a well-connected East London location, compact accommodation and strong rental-income potential makes this a property worthy of consideration. The advertised potential yield is nearly 15% per annum, subject to the purchase price, achievable rent, occupancy and the investor's individual costs and circumstances.
Cash buyers only. Due to the property's size, it may not meet the minimum lending criteria of many mainstream mortgage providers. Prospective purchasers are advised to make their own enquiries with a lender before offering to establish whether the property is suitable for their intended financing arrangements.
Early viewing is highly recommended.
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More information
Tenure
Leasehold (102 years)
Service charge
£2,000 per year
Council tax band
A band has not yet been confirmed.
Ground rent
£200
Ground rent date of next review
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