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House For Sale £435,000
Albany Park Avenue, Enfield EN3


Description
Earn instant income on this already tenanted investment opportunity! Not suitable for owner occupiers.

Yieldit are pleased to present this fantastic 3 bedroom terraced house located on Albany Park Avenue, Enfield.

The property is extremely spacious throughout, upon entering the property there is a large entrance hallway with a porch currently used for storage, the property also comprises of: Entrance hallway leading to a spacious lounge / dining room; guest bathroom; fully fitted kitchen with all appliances included; staircase leading to three double bedrooms all with double glazed windows; three piece family bathroom with a walk-in shower.

The property benefits from a large double drive and generously sized garden to the rear.

This is an excellent buy to let opportunity for anyone looking for a high performing property currently achieving an annual rental income.

Enfield has always been a popular buy to let option for property investors, with prices much lower compared to much of North London. That also makes Enfield popular with family buyers and tenants looking for more space at a reasonable cost.

Yields in the Enfield area are the highest in North London. They range between 3.2% and 5.6%.

Transport services in Enfield include the Piccadilly Line of the London Underground and the London Overground. Enfield has good road connections to the M25 London Orbital Motorway as well as the A10 and A406 North Circular.

Financial Breakdown

Gross rent: £17,400
Ground rent: £0
Service charge: £0
Lettings fees: £1,670
Net income: £15,730
Gross yield: 4%
Net yield: 3.62%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-16592

Follow the link for more information:
        
zoopla.co.uk

  
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