Summary -
80d, Oval Road South,DAGENHAM,RM10 9DR
RM10 9DR
2 bed 1 bath Flat
Ready-made buy-to-let with stable tenants and refurbishment potential.
Two-bedroom flat, approximately 398 sq ft, open-plan layout
Income-producing: current gross annual rent £15,000
Tenant in situ; tenants wish to continue tenancy
Leasehold with 115 years remaining
Communal private off-street parking included
Small overall size limits owner-occupier market appeal
Area classified as deprived; above-average local crime rates
Dated condition and window/cosmetic repairs likely required
A compact two-bedroom flat in Dagenham offered with a sitting tenant and immediate rental income. The property is a buy-to-let suited to investors or developers seeking an income-producing asset with short-term hands-off management.
The flat measures approximately 398 sq ft and has an open-plan lounge/kitchen, a three-piece bathroom and communal private parking. It currently generates a gross annual income of £15,000; the existing tenants have been in place for a year and wish to remain, providing income continuity.
Practical factors for buyers: the property is leasehold with 115 years remaining, located in an area classified as deprived with above-average crime rates. The flat is small and will suit rental portfolios or a developer targeting refurbishment and rental uplift rather than an owner-occupier needing long-term living space.
Important negatives and sale terms are stated up front: the area’s social-economic profile and higher crime levels may limit owner-occupier demand; the property shows dated elements and window/ cosmetic repair needs; a buyer’s premium will be applied as part of the sale. Prospective purchasers should review the Let Property Pack and tenancy documentation for full investment details before bidding.
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