Usher Road, London, E3
- PROPERTY TYPE
Flat
- BEDROOMS
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 investment property
- One bedroom flat
- Current net yield: 6.7%
- Being sold with tenants in situ
- Strong rental income: £1,600pcm
- Tenure: Leasehold
Description
This one bedroom leasehold flat presents an outstanding opportunity for serious investors seeking high rental demand, secure ongoing income, and capital growth potential in one of London's most consistently desirable rental zones (E3 Bow / Tower Hamlets).
With reliable tenants already in occupation and paying £1,600 pcm, investors benefit from immediate returns, no marketing downtime, and the assurance of tenants who have a proven track record of on time payments and wish to remain long term.
Investment Highlights
Strong Yield - Approx. 7.1% Gross
Rent: £1,600 pcm / £19,200 per annum
Asking Price: £270,000
Gross Yield: 7.11%
A gross yield above 7% in London for a fully managed one bed is exceptionally strong, giving investors a rare combination of income stability and long term growth prospects.
Reliable, Long Term Tenants
No arrears
In their second year
Consistent payment record
Intend to stay long term
Zero expected void periods
Immediate, secure income from day one.
Low Running Costs
Ground Rent: £100 p.a.
Service Charges: £1,000 p.a.
Lease Remaining: 90 years (landlord is also getting information on costs for extension if needed)
These manageable outgoings keep net yields healthy and attractive.
Property Features
1 spacious double bedroom
Modern three piece bathroom
Open plan kitchen & lounge
Secure, well maintained building
Local shops, cafés, gyms and green spaces all within walking distance
Excellent transport links (Bow Road, Bow Church DLR, Mile End, A12)
Perfect for tenants seeking fast commuter access to the City, Canary Wharf, Stratford, and Shoreditch.
Building & Maintenance Notes
No known issues affecting sale
Routine interior communal redecoration scheduled
No works required inside the flat
No restrictions that would impact resale
Ideal For:
Portfolio landlords
First time investors
Those seeking low risk, income producing assets
Anyone wanting immediate returns without refurb or remarketing costs
Financial Summary
Item Annual Amount
Rental Income £19,200
Ground Rent £100
Service Charge £1,000
Net Income £18,100
Gross Yield 7.11%
Net Yield (excl. mortgage) 6.7%
- 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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Energy performance certificate - ask agent
Usher Road, London, E3
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Visit our security centre to find out moreDisclaimer - Property reference usher-raod-london. 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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