Lux Building, Maxwell Road, Romford RM7 0FN
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Buy-to-let opportunity
- Generate an impressive yield from completion
- Top floor apartment
- Large terrace with wonderful views
- One double bedroom
- EWS1 form - B1 rated
- Popular location
- High rental demand
- Excellent connectivity into Central London
- Enquire for 360 tour and further details
Description
An exceptional investment opportunity, Lux Building is a modern one-bedroom apartment located on Maxwell Road, Romford. Being sold with a tenant in situ, the property is currently generating an impressive 6% NET yield, making it a strong addition to any investment portfolio.
What sets this apartment apart is its top floor position and spacious private terrace, offering wonderful views and valuable outdoor space — a rare and highly desirable feature in contemporary apartment living.
Inside, the property is well-presented and thoughtfully laid out. It comprises a bright open-plan living area, a modern fitted kitchen with integrated appliances, a generously sized double bedroom, and a stylish bathroom. The overall condition and specification make it an attractive option for tenants, ensuring continued demand and minimal vacancy.
The location is another key selling point. Situated within easy reach of Romford town centre and Romford Station (Elizabeth Line), the property offers excellent connectivity to Central London and beyond. With local shops, amenities, and transport links close by, the area remains popular with renters seeking convenience and lifestyle.
With a reliable rental history and excellent yield, this turnkey property represents a secure and appealing investment opportunity.
Please note, lettings and management charges may apply.
Financial Breakdown
Gross Rent: £17,400.00
Net income: £14,616.00
Gross yield: 7.25%
Net yield: 6.09%
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-08199
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Lux Building, Maxwell Road, Romford RM7 0FN
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Visit our security centre to find out moreDisclaimer - Property reference YL-08199. 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 yieldit, 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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