Lancaster Road, Enfield, EN2
- PROPERTY TYPE
Commercial Property
- BEDROOMS
6
- BATHROOMS
5
- SIZE
Ask agent
Key features
- Freehold Investment Opportunity
- 5 x Flats all let
- 4 x Private parking spaces
- Total monthly rental income of £4,600
- Equals to an annual income of £55,200
- Let by Enfield Council on long-term tenancies
- Excellent location due to immediate amenities and transport links
- Offers invited via informal tender
- Check out the Virtual Tour of two of the flats
Description
Woodhouse are pleased to offer this investment opportunity with an immediate cashflow upon completion. These are long-term tenancies as they are all let by the London Borough of Enfield.
The block comprises of the following:
1st Flat - 2 Bedrooms @ £1100 pcm
2nd Flat - 1 Bedroom @ £850 pcm
3rd Flat - 1 Bedroom @ £850 pcm
4th Flat - 1 Bedroom @ £900 pcm
5th Flat - 1 Bedroom @ £900 pcm
Total rental income per month is £4,600 pcm, or £55,200 pcm.
The building also benefits from allocated parking(4 in total).
The location of the property is excellent, positioned on Lancaster Road and just a stones throw from Chase Side. There are a huge range of amenities nearby, including Sainsbury's local, Co-Op and several independent shops / eateries. Gordon Hill Station is a short walk away offering a direct route in London Moorgate via Finsbury Park (Victoria Line & Piccadilly Line). The 191 and W8 routes serve Enfield Town and Chase Farm Hospital respectively.
Offers are invited via informal tender. Photos showcase one of the flats just before its tenancy started, and we have two virtual tours for you to take a look at. For any further questions you may have about this excellent investment please get in touch!
Lancaster Road, Enfield, EN2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Gordon Hill Station0.4 miles
- Enfield Chase Station0.8 miles
- Enfield Town Station0.9 miles
Notes
Disclaimer - Property reference 25212912. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Woodhouse, Cheshunt. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.