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1 bedroom property for sale

Commercial Building, South Street, EN3
Property
1 bed
Added > 14 days

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Features and description

  • Freehold Commercial Building
  • Potential to extent
  • Ground Floor Shop
  • Upper floor flat (One Bedroom)

For Sale: Ground Floor Commercial Property with Residential Flat Above

Location: Ponders End, Enfield, EN3

Asking Price: £445,000

Filey Properties are delighted to present an excellent investment opportunity to the market.

This mixed-use property currently generating a combined rental income of up to £30,000 pa from both the ground floor Commercial and Residential Flat above. Situated in a desirable location in Ponders End, the property is in close proximity to local amenities, transport links, and is within easy reach of Retail and Leisure facilities. The property offers not only a private separated access for occupiers but also personal garden space for each occupancy. There is a high yield opportunity with strong returns relative to the asking price.

Rental Income Breakdown:

Shop - £1,250 pcm / £15,000 pa (FRI LEASE)

Residential Flat - £1,150 pcm / £13,800 pa (Guaranteed Rent)

Combined - £28,800 Potential to Increase

Property Features (Ground Floor Commercial):

Main Shop Floor - 5.99m x 3.02m = 18.09 m2 / 194 sqft

Kitchen – 3.12m x 3.23m = 10.08m2 / 108 sqft

Back of House – 3.61m x 2.64m = 9.53m2 / 102.5 sqft

Wash Area – 2.24m x 1.85m = 4.14m2 / 44.5 sqft

Rear Shop Garden – 8.53m x 4.50m = 38.39m2 / 413 sqft

Property Features (Residential Flat Above):

Living Room – 4.27m x 4.27m = 18.23m2 / 196 sqft

Bathroom – 2.08m x 1.63m = 3.39m2 / 36.5 sqft

Kitchen – 3.66m x 2.74m = 10.03m2 / 108 sqft

Rear Garden – 21.34m2 / 300 sqf

Don’t Miss Out on This Fantastic Investment Opportunity.

Contact Us Today on[use Contact Agent Button] to arrange a viewing right away!


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About this agent

Filey Properties - Lancaster Road
Filey Properties - Lancaster Road
78 Lancaster Road Enfield EN2 0BX
020 3641 3525
Full profileProperty listings
About Us Filey Properties are the most trustworthy and experienced estate agents with 5 offices in North London; buying, selling and renting for the past 11 years across England. What Sets Us Apart? At Filey Properties, we pride ourselves with our unique professional services and customer satisfaction. We can find you your dream home which accords with your specific needs, or sell your property at it’s deserved price. When you buy a property to rent out, we can offer you our Guaranteed Rent service and put your mind at ease whilst earning back from your investment. We can deal with everything from the legal process to renovating your flat, where you will be able to avoid all the difficult tasks of purchasing and selling property. We can carry out an extensive market research to find the right value of your house. You can rest assured and trust in Filey Properties’ experienced team of estate agents.
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