5 Bed Flat For Sale Raynton Road, Enfield, EN3
£995,000- Flat
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Description
Woodhouse are pleased to offer this investment opportunity with an immediate cashflow upon completion. The current agreement is for all 5 units with a current term up to December 2023. 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.
The breakdown of rents is as follows:-
3 x 1-bed units @ £800pcm
2 x studio units @ £700pcm
There is a communal garden to the rear, with potential to extend there STPP.
Ordnance Road is ideally situated between two stations - Turkey Street and Enfield Lock. There are a host of shops and eateries nearby, with excellent road links only a few minutes away (the A10 and the M25).
For further discussion and / or questions please do get in touch.
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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.