5 bedroom block of apartments for sale

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5 bedroom block of apartments for sale

Ordnance Road, Enfield EN3
£995,000

Our Summary

  • Woodhouse are pleased to offer this investment opportunity with an immediate cashflow upon completion
  • In total the monthly rental income is £3,800 (£45,600pa) though based on the current rental trends there should be scope for an increase in the future
  • There is a communal garden to the rear, with potential to extend there STPP

Description

Woodhouse is offering an investment opportunity with immediate cash flow upon completion, with a current agreement for all 5 units until December 2023, generating a monthly rental income of £3,800 (£45,600pa). The rental income breakdown is £800 for 3 one-bed units and £700 for 2 studio units. The property is located near two stations, with easy access to shops and eateries, and excellent road links. The opportunity provides potential for future rent increases and extension of the communal garden, making it an attractive investment opportunity.
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