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Hertford Road, Enfield

PROPERTY TYPE

Apartment

BEDROOMS

3

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Exceptional freehold unit offered by Kings Group on the ever-popular Hertford Road in Enfield;
  • Offered completely chain-free with strong rental yields and a strategic location not to be missed;
  • Remarkable investment opportunity perfectly suited for savvy landlords looking to expand portfolios;
  • Two-bedroom flat on the upper floor currently generating a steady rental income of £1,200 per month;
  • Ground floor commercial shop currently trading as a barbershop and leased at £1,450 per month;
  • Commercial lease boasts an impressive eight years remaining on the current agreement;
  • Upper flat features a comfortable reception room alongside two inviting bedrooms and a well-maintained bathroom;
  • Prime location on Hertford Road ensures excellent high-street visibility and easy tenant attraction;
  • Upper flat tenancy currently operating on a flexible rolling contract basis; and
  • Conveniently situated near Southbury and Brimsdown stations for direct links to London City and airports

Description

KINGS GROUP offer on ever popular Hertford Road of Enfield, this exceptional freehold unit presenting a remarkable opportunity for savvy landlords. The property comprises a well-appointed two-bedroom flat situated above a shop, right now generating a steady rental income of £1,200 per calendar month on a rolling contract. Additionally, the ground floor (currently a barbers) shop is leased at £1,450 per calendar month, with an impressive eight years remaining on the lease.

The upper flat features a comfortable reception room, two inviting bedrooms, and a well-maintained bathroom, making it an appealing residence for tenants. Its prime location on Hertford Road ensures excellent visibility and accessibility, making it easy to attract new tenants in the future. The property is conveniently located near Southbury and Brimsdown stations, providing direct links to London City and its airports, which is a significant advantage for commuters.

Offered chain-free, this property is an ideal investment for those looking to expand their portfolio or enter the rental market. With its strong rental yields and strategic location, this freehold investment is a safe enter and also exit.

BUYERS INFORMATION
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Simplify, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £54 for this (for the transaction not per person), payable direct to Simplify. Please note, we are unable to issue a memorandum of sale until the checks are complete.

Brochures

Hertford Road, EnfieldBrochure
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: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Hertford Road, Enfield

Approximate location

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Affordability

Monthly repayments£2,449
Property: £ 490,000
Deposit: £ 49,000
Interest rate: 5.3%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Kings Group, Enfield Highway

186 Hertford Road Enfield EN3 5AZ
Industry affiliations:

Kings Group Enfield Highway

Our Kings Group Enfield Highway Branch offers award-winning, specialist Branch Staff who with a dedicated team of professional Estate Agents, Brokers and Surveyors on hand, are ready to attend to all of your property needs.

With expert advice and always providing the best service possible you can be assured that customer satisfaction is our priority and we will get you moving as quickly and easily possible.

Winners of 27 Awards to date at the ESTA'S including Best Regional Estate Agent of the Year and Best Lettings Office in the UK prove that we continuously strive to go above and beyond, whilst you enjoy the experience of finding your dream home.

Conveniently positioned for quick and easy access to the M25 and A10 motorways, and with direct transport links into London in under 30 minutes, it's the perfect place to enjoy a relaxed lifestyle.

From Marketing Packages, Auctions, Financial Advice to Removals we continue to support our clients in every aspect of the process from beginning to end.

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Disclaimer - Property reference 35040180. 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 Kings Group, Enfield Highway. 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.