1 bedroom flat for sale

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1 bedroom flat for sale

Magpie Close
£117,500

Our Summary

  • FEATURESOnline auction date 3 & 4 September 2025 Guide Price £117,500+One bedroom first floor flat Suitable for owner occupier or investorLeasehold - approx
  • 88 years unexpired Annual ground rent of £250Sold with vacant possession Potential rent of £1,450 pcmOpportunity to add value Good rental locationOVERVIEWFor sale by online auction, a one bedroom first floor flat within a modern purpose built block arranged over ground and two upper floors
  • Online auction date 3 & 4 September 2025

Description

This one-bedroom first-floor flat is being sold by online auction with a guide price of £117,500+ and a buyer's premium of 3% (minimum £4,500 inc. VAT). The property, located in Magpie Close, Enfield, is a modern purpose-built block with communal gardens and parking areas. It offers vacant possession and has a potential rental income of £1,450 per calendar month, making it an attractive opportunity for a buy-to-let investor. The property is leasehold for a term of 123 years from 1990, with an annual ground rent of £250. It is situated close to the A10 and M25, with nearby rail services to London Liverpool Street, and is within a mile of Enfield Town centre's shopping and leisure facilities. The property has a total floor area of 30m2 (323ft2) and is rated within council tax band B.