icons_size_white icons_size
The UK's leading real estate marketplace
For Sale£1,250,000.00

Residential Investments and Freehold Land For Sale - Enfield EN1

Flat, House, Residential Land, Land, Residential, Commercial Land , 8092 Sq Ft
Property type: Flat, House, Residential Land, Land, Residential, Commercial Land
Tenure: For Sale Freehold
Size: 8092 Sq Ft
Price: £1,250,000.00
Location: 123 Southbury Road, rear of 111 Southbury Road and 2 Fotheringham Road, Enfield, EN1 1QF
A FORMER BUILDER'S YARD ON FOTHERINGHAM ROAD (rear of 111 Southbury Road)

This vacant L-shaped site has an area of 2,705 sq ft. Half of the site is situated adjacent to the pavement on Fotheringham Road and the other half comprises what was formerly the rear garden of 2 Fotheringham Road.

123 SOUTHBURY ROAD

A semi-detached house which was converted to five flats in the 1980s. The total GIA of the flats is 1,621 sq ft. The property is fully let with a current income of £54,360 pa.

There is an outbuilding in the communal rear garden with a washing machine for use by the tenants of this property.

2 FOTHERINGHAM ROAD

An end of terrace house which was converted to five flats in c. 2005. The total GIA of the flats is 1,043 sq ft. The property is fully let with a current income of £48,840 pa.

There is no communal rear garden to this property.

GENERAL INFORMATION

Each flat is self-contained and is let on an AST. The tenants pay for their own electricity individually. There is no gas supply to either house and the landlord pays the water rates and Council Tax for both houses. Both properties are assessed as houses for Council Tax purposes: 2 Fotheringham Road falls in Band E and 123 Southbury Road falls in Band F. Planning permission was not obtained for the conversion of the houses.

The former yard on Fotheringham Road joins the back garden of 123 Southbury Road as the OS plan shows.

The property is situated in the centre of Enfield Town, only 675m east of Palace Gardens Shopping Centre and 575m east of Enfield Town Station which provides direct services to London Liverpool Street with a journey time of 34 minutes, and to Seven Sisters in 14 minutes. Oxford Circus is 17 minutes on the Victoria Line from Seven Sisters.
close
What do you think of our website?
Complete our survey and
you could win £1000
Start here