This property has been taken off the market.

8 Bed Flat For Sale Mandeville Road, Enfield, EN3

£2,500,000- Flat

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Last Updated: 30th April 2024

Description

Welcome to an exceptional investment opportunity in EN3! Presenting a lucrative proposition, this property portfolio comprises eight flats along with a spacious rear yard boasting further development potential, subject to planning. With a strategic location and promising returns.

Key Features:

Eight Flats: A diverse mix of flats, offering a range of accommodation options to suit varying tenant needs.
Rear Yard with Development Potential: Enhance the property's value with potential for additional development, subject to planning permissions. The property is currently occupied with existing tenants, generating an impressive rental income of £112,000 per annum. Enjoy immediate returns on your investment from day one.
Prime Location: The property enjoys proximity to an array of local amenities and transportation options. Residents benefit from easy access to shops, restaurants, schools, and recreational facilities, enhancing the property's appeal and rental potential.

Investment Highlights:

Income Generation: With a solid rental income stream in place, this investment promises stable returns and long-term appreciation.
Development Potential: Unlock additional value through the development of the rear yard, capitalising on the growing demand for quality residential properties in the area.
Strategic Location: EN3's convenient location ensures high tenant demand, making it an attractive investment destination for discerning investors.
Spread your investment risk across multiple flats, mitigating potential downturns in the market and maximizing overall profitability.
Agent Details
Kings Group
186, Hertford Road, Enfield, EN3 5AZ
Show Contact Number
020 8805 5959

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

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.
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