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1 bed flat
Mahon Close, Enfield EN1
£115,000
Mahon Close, Enfield EN1
£115,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- Investment potential detailed below (Let Property Pack)
Description
This studio flat in Enfield is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious room, kitchen, and bathroom, as well as parking spaces available. Currently, it produces an annual gross income of £10,764, but with some minor adjustments, the new owner could increase this to a market rate of £14,400. The property already has long-term tenants in place, who have consistently paid their rent and have no intention of moving out, making it a stable and lucrative investment. With its proximity to valuable amenities and potential for rental returns, this property is a worthwhile addition to any investor's portfolio.