Cherry Tree Lane

Key Investment Highlights:

• Rental Income: £1,680 per calendar month
• Tenancy In Place: Long-term family tenants since 6th August 2013
• Occupancy Rate: 100%
• Condition: Good – recent inspection reports & inventories available
• Fully Self-Managed: No letting agent fees
• Long Lease: Over 170 years remaining
• Ground Rent: £0 per annum
• Service Charges (2024/25):
  • Maintenance: £1,480.44
  • Buildings Insurance: £580.38
• EPC: C

Property Overview:

• Type: 3-Bedroom Maisonette (Top 2 Floors of 3-Storey Block)
• Bathrooms: 1
• Outside Space: Access to Communal Gardens
• Parking: On-Street
• Council Type: Ex-local authority (typically more resilient to service charge spikes)

Why Invest in 202 Cherry Tree Lane:

• Secure Long-Term Rental: Family tenants in place for over a decade with strong payment history
• High Yield Potential: Solid monthly rental income of £1,680 = 7.1% gross yield
• Minimal Ongoing Costs: No ground rent, reasonable annual service charges
• Zero Management Fees: Property is self-managed
• Zero Maintenance Needs: No known repairs or building works required
• Strong Capital Growth Area: Rainham, Essex offers reliable rental demand & commuter access to London

Location Highlights:

• Excellent transport links to Central London via Rainham Station
• Close to local amenities, schools, and green space
• Family-oriented neighbourhood ensuring long-term rental stability