Detached house for sale

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Detached house for sale

Commercial Building, South Street, EN3
£445,000

Our Summary

  • For Sale: Ground Floor Commercial Property with Residential Flat AboveLocation: Ponders End, Enfield, EN3Asking Price: £445,000Filey Properties are delighted to present an excellent investment opportunity to the market
  • Rental Income Breakdown:Shop - £1,250 pcm / £15,000 pa (FRI LEASE) Residential Flat - £1,150 pcm / £13,800 pa (Guaranteed Rent)Combined - £28,800    Potential to Increase  Property Features (Ground Floor Commercial):Main Shop Floor - 5
  • 34m2 / 300 sqf Don’t Miss Out on This Fantastic Investment Opportunity
  • Potential to extent

Description

This mixed-use property in Ponders End, Enfield, offers a rare investment opportunity, generating a combined rental income of up to £30,000 per annum. The ground floor commercial space is currently leased for £15,000 per annum, while the residential flat above is guaranteed to rent for £13,800 per annum. The property features a private separated access for occupiers, as well as personal garden space for each occupancy. The commercial space includes a main shop floor, kitchen, back of house, wash area, and rear shop garden, while the residential flat features a living room, bathroom, kitchen, and rear garden. With a high yield opportunity and strong returns relative to the asking price of £445,000, this property is a fantastic investment opportunity.