Studio flat for sale

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Studio flat for sale

Mahon Close, Enfield, Middlesex, EN1
£115,000

Price History

Initial price £185,000
22/08/24 £182,000
29/08/24 £179,000
07/09/24 £176,000
14/09/24 £173,000
21/09/24 £170,000
26/09/24 £167,000
03/10/24 £185,000
10/10/24 £182,000
16/10/24 £179,000
24/10/24 £176,000
30/10/24 £173,000
06/11/24 £170,000
13/11/24 £167,000
20/11/24 £185,000
12/03/25 £176,000
19/03/25 £173,000
25/03/25 £153,000
26/03/25 £130,000
01/04/25 £140,000
02/04/25 £138,000
09/04/25 £136,000
15/04/25 £134,000
08/05/25 £133,000
21/06/25 £125,000
18/09/25 £120,000
18/10/25 £118,000
21/10/25 £115,000
Price Change -37.84%

Description

This studio flat in Enfield is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious room, kitchen, and bathroom, as well as parking spaces available. Currently, the property generates an annual gross income of £10,764, which could be increased to a market rate of £14,400 with the new owner. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intentions to move out, making for a smooth transition. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to maximize their rental returns.