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5 bed property

Available

For Sale

Listed May 12, 2024

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£995,000

Available

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01992 637777

By Woodhouse

Description

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.