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£250,000
Asking price

2 bed flat for sale London Road, Romford, RM7

2 beds 1 bath Flat
Leasehold

Added on 19/09/2026

About this property

An excellent opportunity for investors, this well presented apartment is being offered for sale with the tenant in situ, providing an immediate rental income from completion. The property is currently let at £1,600 per month, making this an attractive option for those looking to acquire a property with an established tenancy and rental income already in place. The apartment benefits from a long lease and offers spacious accommodation throughout, including two well proportioned bedrooms, a bright and comfortable living area, fitted kitchen, and family bathroom.

Key features

  • CURRENTLY ACHIEVING £1550 PER MONTH
  • GROUND FLOOR APARTMENT
  • FULLY MANAGED WITH RENT GUARANTEE INSURANCE IN PLACE
  • TWO BEDROOMS
  • LONG LEASE
  • CHAIN FREE
  • RESIDENTS PARKING
  • 0.8 MILES TO ROMFORD STATION
  • COMMUNAL GARDENS
  • LOCATED ON BUS ROUTES
  • SECURED GATED PARKING

Floorplan

Location

London Road, Romford, RM7

Council tax band
Ask agent

Mortgage and stamp duty

Property price £250,000
£125k £375k
Deposit10% £25,000
£0 £250k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £225,000 mortgage. Most lenders would want a household income of about £50,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Area insights

The neighbourhood around this property.

Marketed by
Your Move Romford
29-33 Victoria Road, Romford
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