124 Gerry Raffles Square
This fully licensed 3-bed HMO is a prime investment opportunity, boasting a sought-after location and modern design. With strong potential for high yields in the thriving rental market, it’s a valuable asset in London.
Stratford, renowned for hosting the 2012 Summer Olympics, remains vibrant and in demand among professionals, students, and young families, creating substantial rental interest in HMOs. Starting from August 2023, the new AST agreement will increase income to £2,600 PCM, further boosting the yield. The area houses educational institutions like the University of East London and Newham College, while its proximity to Canary Wharf and the Stratford International Business District provides ample job opportunities, attracting students, young professionals, and workers to shared accommodation. Excellent transport links, including Stratford Station, offering access to the Underground, Overground, National Rail, and buses, make it convenient for tenants to navigate the city and its surroundings.
Property Specifics
- 3 Bedrooms
- 2 Bathrooms
- 773.00 ft
- Type: Fully Licensed and Operational3 Bed HMO
Financial Overview
- Rent PCM: £2300
- Gross Yield: 5.52%
- 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.