Ordnance Road, Enfield, Greater London

£995,000 For Sale
5 3 5

Property Description

  • Freehold Investment Opportunity
  • 5 x self-contained units all let
  • Rental income of £3,800pcm (£45,600pa)
  • Potential to extend STPP
  • Excellent location due to immediate amenities and transport links
  • Walking distance to 2 x Stations
  • Close to A10 & M25
  • Contact Woodhouse today

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.