5 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
- 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.
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