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Cherry Tree Lane

Rainham, Essex

£250,000

  • Three bedroom maisonette
  • Net yield of 7.5%
  • Current fully tenanted
  • Strong rental potential
  • Popular residential location

For more information please contact our team:

0161 337 3890

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Rainham, Essex

Maisonette| £250,000 | 172 Year Lease
Key Investment Highlights:
  • 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 = 7.5% net 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
Further Information Available Upon Request:
  • Recent inspection and inventory reports
  • Tenancy agreement & payment history
  • Leasehold documentation
  • Service charge breakdown
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

Return on Capital Employed (ROCE) Calculator

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Property Price


Mortgaged

Cash Purchase

Deposit

£0.00

25%

£250,000.00

Sourcing Fees

£3,000.00

£3,000.00

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Property Rent

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£1,750.00

£1,750.00

Rental Income PA

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£21,000.00

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5%

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