Price: £330,000

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Payment Structure

• Purchase Price: £330,000

• Deposit: £5,000

• Remaining Balance: £325,000

• Payable Over: 100 months (8 years and 4 months)

• Monthly Payment: £3,250

• Already Tenanted

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• ✅ No mortgage required

• ✅ No interest payable

• ✅ No bank finance required

• ✅ No penalty for paying the balance off early

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Existing Tenant Already in Place

The property is currently producing an income of £1,250 per month.

This means your monthly contribution towards purchasing the property is effectively:

£3,250 - £1,250 = £2,000 per month

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If the rent remained unchanged throughout the full 100-month term:

• Rental income received: £125,000

• Your own contribution: £200,000 over the term

• This doesn't take into account void periods or repairs

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As rental values in London typically increase over time, there is potential for your monthly contribution to reduce further if rents rise during the agreement (subject to market conditions).

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The Property

A well-presented and spacious first-floor one-bedroom flat located in the popular London Borough of Newham.

Already tenanted, this property offers immediate rental income, making it ideal for investors seeking a ready-made investment or buyers wanting a London property without arranging a traditional mortgage.

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The apartment comprises:

• Spacious entrance hallway

• Bright lounge

• Good-sized double bedroom

• Separate fitted kitchen

• Bathroom

• Gas central heating

• Electric supply

• Part furnished

• Long lease with approximately 114 years remaining (as of 2026)

• No ground rent

• No service charge

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The property has been well maintained and provides comfortable accommodation in a highly convenient East London location.

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Excellent East London Location

Situated within the London Borough of Newham, the property enjoys excellent transport connections together with easy access to shopping, employment centres and many of London's most famous attractions.

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The area is popular with professionals, commuters, students and tenants due to its superb connectivity and continuing regeneration.

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Fantastic Transport Links

One of the biggest attractions of this property is its excellent public transport.

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Nearby stations include:

• Manor Park Station (Elizabeth Line)

• Forest Gate Station (Elizabeth Line)

• Woodgrange Park Station (London Overground)

• Upton Park Underground Station (District & Hammersmith & City Lines)

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These provide fast connections across London, including direct access to:

• Liverpool Street

• Canary Wharf

• Tottenham Court Road

• Paddington

• Heathrow Airport

• The City of London

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The surrounding area is also well served by numerous bus routes and major roads including the A13, A12 and North Circular, making travel around London straightforward.

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Close to Shopping & Everyday Amenities

Everything you need is nearby, including:

• Local supermarkets

• Independent shops

• Restaurants

• Cafés

• Pharmacies

• Medical centres

• Parks

• Leisure facilities

• Banks

• Schools

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Nearby Stratford offers one of Europe's largest urban shopping destinations:

• Westfield Stratford City

• Hundreds of shops

• Restaurants

• Cinema

• Entertainment venues

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Attractions Nearby

Living here places you close to many of London's most famous destinations including:

• Queen Elizabeth Olympic Park

• London Stadium (home of West Ham United)

• Concert Venus

• Stratford City

• The ArcelorMittal Orbit

• Victoria Park

• Canary Wharf

• ExCeL London

• The O2 Arena

• Tower Bridge

• The Tower of London

• Central London

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Newham has benefited enormously from regeneration following the 2012 Olympic Games and continues to be one of London's fastest-improving boroughs.

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Airports

Excellent access to several airports:

• London City Airport

• London Stansted Airport

• London Heathrow Airport (via the Elizabeth Line)

• London Gatwick Airport

• London Luton Airport

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Universities Nearby

The property is also conveniently located for several universities including:

• University of East London

• Queen Mary University of London

• University College London

• London Metropolitan University

• King's College London (easy commute)

This makes the property attractive to both students and university staff.

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Why Buy This Property?

✔ Immediate rental income

✔ Existing tenant already in place

✔ No mortgage required

✔ No interest payable

✔ Long lease

✔ No ground rent

✔ No service charge

✔ Excellent transport links

✔ Fast Elizabeth Line connections

✔ Close to Central London

✔ Ideal investment or first London property

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Whether you're looking to grow your property portfolio or secure a home in one of London's most connected locations, this is an excellent opportunity to purchase a tenanted London apartment while spreading the balance over 8 years and 4 months—without needing a mortgage or paying any interest.

PROPERTY LOCATION