Cherry Tree Lane, Rainham, Havering, London, RM13
- PROPERTY TYPE
Maisonette
- BEDROOMS
3
- BATHROOMS
1
- SIZE
800 sq ft
74 sq m
Key features
- Buy-To-Let Investment Opportunity
- Being Sold With The Current Tenants In Situ
- Gross Yield of 7.5%
- Long Term Tenants In Situ
- Annual Rental Income of £20,160
- Long Lease Remaining
Description
* Rental Income: £1,680 per calendar month
* Tenancy In Place: Long-term family tenants since 6th August 2013
* Occupancy Rate: 100%
* Condition: Good - recent inspection reports & inventories available
* Fully Self-Managed: No letting agent fees
* Long Lease: Over 170 years remaining
* Ground Rent: £0 per annum
* Service Charges (2024/25):
o Maintenance: £1,480.44
o Buildings Insurance: £580.38
* EPC: C
Property Overview:
* Type: 3-Bedroom Maisonette (Top 2 Floors of 3-Storey Block)
* Bathrooms: 1
* Outside Space: Access to Communal Gardens
* Parking: On-Street
* Council Type: Ex-local authority (typically more resilient to service charge spikes)
Why Invest in 202 Cherry Tree Lane?
* Secure Long-Term Rental: Family tenants in place for over a decade with strong payment history
* High Yield Potential: Solid monthly rental income of £1,680 = 7.5% gross yield
* Minimal Ongoing Costs: No ground rent, reasonable annual service charges
* Zero Management Fees: Property is self-managed
* Zero Maintenance Needs: No known repairs or building works required
* Strong Capital Growth Area: Rainham, Essex offers reliable rental demand & commuter access to London
Further Information Available Upon Request:
* Recent inspection and inventory reports
* Tenancy agreement & payment history
* Leasehold documentation
* Service charge breakdown
Location Highlights:
* Excellent transport links to Central London via Rainham Station
* Close to local amenities, schools, and green space
* Family-oriented neighbourhood ensuring long-term rental stability
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Cherry Tree Lane, Rainham, Havering, London, RM13
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Visit our security centre to find out moreDisclaimer - Property reference Cherry-Tree-Lane-Rainham. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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