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4 bed flat
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Our Summary
- While the property is currently occupied and functional, it would benefit from renovation and cosmetic updating, giving a new owner the opportunity to improve the standard of the accommodation and potentially increase future rental yield and capital value
- This property forms part of a three-flat investment block and offers scope for value enhancement over time
- The flat is in serviceable condition but would benefit from renovation and modernisation to bring it in line with contemporary rental expectations
- This provides an excellent opportunity for investors to add value through refurbishment while maintaining the benefit of existing occupancy
- As part of a three-flat block under the same ownership, Flat 2 forms a key element of the overall investment opportunity and has the potential for improved rental returns following upgrading works
- The property is currently occupied by tenants, meaning the flat provides ongoing rental income from the outset, making it well suited to investors seeking a ready-let property with potential for future improvement
- The flat is currently habitable but would benefit from refurbishment and cosmetic updating, allowing a purchaser to enhance the overall standard of the property and potentially increase rental income in the future
- Together with the other flats in the building, Flat 3 forms part of a straightforward investment opportunity with scope for value growth through renovation and ongoing management
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Description
Flat 1 is a one-bedroom apartment in a three-flat investment block, comprising a living area, separate kitchen, bedroom, and bathroom. It is currently tenanted and would benefit from renovation, offering potential for increased rental income and capital value. Flat 2 is a two-bedroom apartment also suitable for family or sharer accommodation, with a functional layout that needs modernisation to meet contemporary rental standards.
The overall block and the respective flats require upgrading works, bringing them into line with current standards. The property features a private garden and falls within Enfield Council's Council Tax Bands C, C, and B.