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.