1 bed flat for sale

Lux Building, Maxwell Road, Romford RM7

Lux Building, Maxwell Road, Romford Rm7 0Fn

Excellent opportunity for investors - yielding above 6% net! Exceptional one bedroom top floor flat with large private terrace and wonderful views.

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: 7.6%
Net yield: 6.38%
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