Cobbett Close, Enfield

- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Strong 8.2% gross yield
- £1,300 pcm rental income
- Reliable tenant in situ
- 154-year lease remaining
- Hands-off investment
- Excellent transport links
Description
• Gross Yield: 8.2%
• Net Yield: 7.4% (after service charges)
• Monthly Rental Income: £1,300 pcm
• Annual Rental Income: £15,600
• Net Monthly Income: £1,176 (after service charges)
• Net Annual Income: £14,112
• Immediate rental income, tenant in situ from day one
ABOUT THE PROPERTY
A well-presented first floor apartment offering a spacious living room, fitted kitchen, one double bedroom and a family bathroom. The property benefits from communal parking and is exceptionally well maintained throughout.
• Tenure: Leasehold 154 years remaining
• Service Charge: £124 per month
• Ground Rent: None
• EPC Rating: C
• Council Tax: Band B
• Parking: Communal
TENANCY DETAILS
The property is currently tenanted with a reliable occupant who has been in situ for over two years and is happy to remain. The property is professionally managed by a local letting agent, making this a genuinely hands-off investment. Rental income begins from the day of completion
LOCATION
Situated in the popular north London suburb of Enfield, the property is within easy reach of shops, supermarkets, restaurants and pubs. Excellent transport connections are available from Turkey Street and Enfield Lock railway stations, local bus routes, and the M25 - ideal for commuters and long-term renters alike.
WHY THIS IS A STRONG INVESTMENT
• 8.2% gross yield - well above the national buy-to-let average
• Tenant in situ for 2.5 years with no void risk from day one
• 154 years on the lease - effectively freehold equivalent, no ground rent
• Hands-off investment, professionally managed
• North London location with strong long-term rental demand
• EPC C rating - future-proofed against upcoming energy efficiency legislation
• Low council tax Band B - supports tenant affordability and retention
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Communal
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Cobbett Close, Enfield
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Visit our security centre to find out moreDisclaimer - Property reference 44-Cobbett-Close. 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 Pure, Manchester. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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