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A newly developed and fully let residential investment opportunity in Enfield

For sale: £12,000,000.00|Flat, Other, Residential, Other Property Types & Opportunities

Property details

FOR SALE£12,000,000.00
ADDRESSSteeplemount House, 1 Shirley Road, Enfield, EN2 6SB
TYPEFlat, Other, Residential, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON11th September 2024

Description

The property comprises a newly converted block situated on a prominent corner site of approximately 0.207 ha (0.511 acres), and is arranged over ground and four upper floors to provide a total of 45 apartments.

The apartments comprise:
* 36 x one bedroom
* 9 x two bedrooms

The building was converted under Permitted Development Rights with the existing structure being retained and utilised, as well as being extended to provide two additional floors.

The building benefits from a lift serving all floors together with a single core staircase. In addition, to the rear of the property there is an external emergency fire exit staircase.

Specification

Internally, all apartments have been converted to a high standard. The design and specification of the units includes:

* Internal finishes such as aluminium windows, white slimline electrical energy efficient radiators and oak fire doors.

* Kitchens benefitting from white gloss soft closing kitchen units, stainless steel sinks and taps and marble effect worktops.

* Bathrooms and en-suites benefitting from white marble effect bathroom tiles, standing showers, ceramic basins and curve chrome ladder towel radiators.

Furniture Packs

39 apartments have been let 'furnished' based on the following packages:

* 1 bed package contains a bed, dining table and 2 chairs, sofa and wardrobes

* 2 bed package contains 2 beds, dining table and 4 chairs, sofa and 2 wardrobes

Interested parties should note that this furniture is owned by the Vendor and will be sold with the building to the benefit of the new owner.

Parking, Bin Stores and Bike Racks

Externally the building benefits from a large car park. Parking has been allocated to the tenants who required 18 spaces as part of their tenancy agreements. Within the grounds there is also a bin storage area and covered bike racks are provided to the rear of the the property.

Location

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Location: Steeplemount House, 1 Shirley Road, Enfield, EN2 6SB

Oakwood (1.9 miles)

Southgate (2.2 miles)

Cockfosters (2.6 miles)

Enfield Chase (0.1 miles)

Enfield Town (0.4 miles)

Gordon Hill (0.7 miles)

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