10 bed block of flats for sale

Mandeville Road, Enfield EN3

** 6×1 bed flats and 2×2 bed** 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 £122,040 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.