Initial price	£125,000
28/08/25	£117,500
Price Change	-6.00%

This one-bedroom first-floor flat is being sold by online auction with a guide price of £117,500+ and a buyer's premium of 3% (minimum £4,500 inc. VAT). The property, located in Magpie Close, Enfield, is a modern purpose-built block with communal gardens and parking areas. It offers vacant possession and has a potential rental income of £1,450 per calendar month, making it an attractive opportunity for a buy-to-let investor. The property is leasehold for a term of 123 years from 1990, with an annual ground rent of £250. It is situated close to the A10 and M25, with nearby rail services to London Liverpool Street, and is within a mile of Enfield Town centre's shopping and leisure facilities. The property has a total floor area of 30m2 (323ft2) and is rated within council tax band B.