139 Gerry Raffles Square
Introducing a fantastic 4-bed, 2-bath HMO in the vibrant Stratford district of London. This fully licensed property offers a compelling investment opportunity, combining contemporary design with functionality in a sought-after location. It holds significant potential for attractive returns in London’s thriving rental market, making it a valuable asset.
Stratford’s popularity is driven by its proximity to the Olympic Park and Westfield Stratford City shopping center, attracting diverse tenants such as young professionals, students (near Queen Mary University and Unite Students accommodation), and business district workers. High demand ensures consistent occupancy and potentially higher rental income. Moreover, the property has an EWS1 form and two parking spaces, one rented at £20 per week and the other at £15 per week. A new AST agreement from August 2023 has raised income to £3,950 PCM.
Stratford boasts excellent transportation links, served by Stratford Station and the Elizabeth Line (Crossrail), enhancing connectivity. Recent regeneration efforts have improved infrastructure, amenities, and public spaces, making the area even more attractive to property owners. Don’t miss this lucrative opportunity in this evolving locale.
Property Specifics
- 4 Bedrooms
- 2 Bathrooms
- 1558.00 ft
- Type: Fully Licensed and Operational 4 Bed HMO
Financial Overview
- Rent PCM: £3950
- Gross Yield: 6.32
- Cash Purchase
What this property offers
Verification
Our verification tick shows that industry professionals have generated the estimates being shown. To generate the estimated yield and returns for the property we look at like-for-like units in similar areas as well as past data. Utilising these 2 areas, and a couple of others, we are happy we’re giving you the most accurate prediction for these properties. Should you have any questions about our estimates, please don’t hesitate to contact us.