Queens Gardens

Key Investment Highlights:

• Property Type: Top Floor Flat (3-Storey Block)
• Bedrooms: 1
• Bathrooms: 1
• Parking: On-Street
• Gardens: Access to Communal Gardens
• Tenure: Leasehold
• Lease Remaining: Approx. 177 Years (Extended During Pandemic)
• Ground Rent: £0
• Service Charge: £1,335.17 p.a. (includes building insurance)
• Managing Agent: Self-Managed
• Comparable sold properties within a ¼ mile radius – HERE

Rental Details:

• Current Monthly Rent: £995
• Confirmed Increase: £1,045 from August 2025
• Tenancy Start Date: 4th July 2019
• Tenants: Reliable Family Tenants
• Occupancy Rate: 100%
• Arrears: None
• Management: Self-managed with full inventories and recent inspection reports available

*Viewings of this property are available; however, please note the property is tenanted and we need to respect the tenants’ right to a peaceful environment.  As such, we will require proof of funds from all parties before booking a viewing appointment. On receipt of the above, we will then arrange access*

Financial Overview:

• Asking Price: £175,000
• Annual Rental Income (Current): £11,940
• Annual Rental Income (From Aug 2025): £12,540
• Service Charge: £1,335.17
• Gross Yield:
  • Now: 6.8%
  • From Aug 2025: 7.2%
• Net Yield
  • Now: 6.0%
  • From Aug 2025: 6.4%

Location Highlights:

Situated in the popular residential area of Rainham, Essex, this ex-local authority flat offers strong tenant demand, good transport links, and access to local amenities. A low-maintenance block with a long lease and no ground rent makes this an excellent, hassle-free buy-to-let.

Why Invest:

• Long Lease (177 years) – No lease extension costs
• Zero Ground Rent
• Reliable Long-Term Tenants
• Rising Rent with Above-Market Stability
• Self-Managed with Full Paper Trail
• Strong Net Yield in London Fringe Area

Get in touch with the team