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Barking Road, Plaistow, E13

Description

*** 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.

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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Barking Road, Plaistow, E13

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Affordability

Monthly repayments£453
Property: £ 90,000
Deposit: £ 9,000
Interest rate: 5.36%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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About Homefinders, London

146 Kingsland High Street London E8 2NS
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1

At Homefinders we're members of ARLA and NAEA and embrace their strict codes of conduct in everything we do. Our directors, who have been involved in property since 1988, along with their teams, offer a highly personalised property sales service as well as a simply superior letting and property management service.

If you're looking for an agency with a difference, to either sell your property, manage your one-off rental or play an active role in the management of your portfolio of properties, you're in the right place.

As an experienced or portfolio landlord you're only too aware of the importance of securing good tenants quickly and achieving the best price, as well as making sure all references are in order. But what if you could also be assured of having your rents paid on time; or benefit from a host of free features, such as: rent guarantees, emergency cover and a team of handymen on call? At Homefinders, you can achieve all this and could even obtain a discount for multiple properties as well as having access to your own dedicated account manager. These are just a few examples of the services we provide as standard, because we know they make your rental experience more pleasurable and more profitable.

If you're an 'accidental' landlord, either because you can't sell or don't want to sell, wouldn't it be great to draw on the experience of a team of professionals to help avoid any rental nightmares? At Homefinders our professional team's local experience adds up to decades and we're here to help you.

In a nutshell, at Homefinders we know the East London property market inside and out and we provide a personal service that goes way above and beyond the norm. If you're looking to sell or to let, we know exactly how to price, package and, thanks to our wide marketing reach, promote properties to attract the very best buyers or tenants.

If you're planning a property sale or a rental project or are due for a change of tenants, why not get in touch? At the end of the day it costs nothing to chat, and you might be surprised at how far we go to make sure your experience is all it can be and more.

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Disclaimer - Property reference KHS260378. 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 Homefinders, London. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.