Studio flat for sale

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Studio flat for sale

Mahon Close, Enfield, Middlesex, 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, the property generates an annual gross income of £10,764, which could be increased to a market rate of £14,400 with the new owner. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intentions to move out, making for a smooth transition. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to maximize their rental returns.