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1 bed flat
Mahon Close, Enfield EN1
£120,000
Mahon Close, Enfield EN1
£120,000
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 the potential to increase to £14,400 with long-term tenants already in situ. The tenants have been consistent in their rent payments over several years and have no intention of moving out, making for a smooth and hassle-free transaction. With a competitive purchase price, this property offers a worthwhile addition to any investor's portfolio.