Residential Development For Sale
LOCATION:
We are delighted to offer this mixed-use freehold investment opportunity which is located in the Upper Edmonton ward of Enfield, It is situated close to the Great Cambridge Road (A10), which connects London with Cambridge and other towns in the north-east. It is also within easy reach of the train station, bus stops, and local amenities. This is a rare opportunity to acquire a spacious and well-maintained freehold property in a desirable area which is located between residential and commercial streets and is just a mile from the train station and bus stops.
OVERVIEW:
The property consists of one commercial shop located in the ground floor and two flats above with 1 bedroom each. The shop is currently operating as a fast food business, and the flats have a separate entrance.
Overall, this property presents an excellent opportunity for those looking for a spacious mixed-use freehold investment situated in a well-positioned for access to local amenities, transport links, and green spaces.
RENT:
Flat 1 - rent £1250 Monthly
Flat 2 - rent £1250 Monthly
Total £30,000 Per Annum from both flats
Commercial unit rent - £14000 Per Annum
The property is in good condition and generates a combined rental income of £44,000 per annum and can be achieved more.
Tenure: Freehold
The vendor is seeking offers in the region of £790,000 for the freehold interest.
For further information, please contact the BTC Commercial and Investment team at 0208 889 7474 or commercial@btcint.com.
Tenure: Please confirm with BTC Group Limited Commercial whether this property is freehold or leasehold
No EPC available for this property
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Broadband & mobile data availability at Empire Parade, London, N18
Address shown above is the closest found to the postcode, that has Ofcom data available
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Risks
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