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Block of flats for sale in Ordnance Road, Enfield

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Block of flats for sale - 5 bedrooms

5 5 3

Tenure:

Freehold

Council tax band:

Not available

Property features

Freehold Investment Opportunity
5 x self-contained units all let
Rental income of £3,800pcm (£45,600pa)
Potential to extend STPP
Excellent location due to immediate amenities and transport links
Walking distance to 2 x Stations
Close to A10 & M25
Contact Woodhouse today

Property description

Woodhouse are pleased to offer this investment opportunity with an immediate cashflow upon completion. The current agreement is for all 5 units with a current term up to December 2023. In total the monthly rental income is £3,800 (£45,600pa) though based on the current rental trends there should be scope for an increase in the future.

The breakdown of rents is as follows:-

3 x 1-bed units @ £800pcm

2 x studio units @ £700pcm

There is a communal garden to the rear, with potential to extend there STPP.

Ordnance Road is ideally situated between two stations - Turkey Street and Enfield Lock. There are a host of shops and eateries nearby, with excellent road links only a few minutes away (the A10 and the M25).

For further discussion and / or questions please do get in touch.

Property info

Floorplan(s): Floorplan 1

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Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Woodhouse Property Consultants, and do not constitute property particulars. Please contact Woodhouse Property Consultants for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.