Summary - HOECROFT COURT 8 HOE LANE ENFIELD EN3 5SJ
2 bed 1 bath Flat
Cash investment: two-bedroom top-floor flat, let and income-producing with short lease.
Currently let achieving £1,600 pcm (income-producing)
A top-floor two-bedroom flat in Hoecroft Court presented as an off-market-style opportunity for cash investors. The block is mid-20th century brick with communal grounds; the flat benefits from double glazing and gas central heating and is currently let, producing £1,600 pcm.
The accommodation includes a generous living room and two well-proportioned bedrooms plus a fitted kitchen and bathroom. Access is by communal stairs only (no lift). Photographs and descriptions show a solid layout but some cosmetic updating is evident if a rent-rise or owner-occupation is intended.
Important material points: the lease length is under 80 years and the sale is aimed at cash buyers — mortgage options will likely be restricted. The local area has fast broadband and excellent mobile signal but scores high for crime and is in a very deprived ward, which will affect resale and tenant demand.
This is a straightforward, income-producing purchase for a buyer who can accept short lease implications and the need for possible investment in refurbishment. For an investor seeking immediate rental return and willing to manage lease extension or future works, this offers a clear cash-flow profile at the advertised price.
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