Summary - 222 Hertford Road, Enfield, Greater London, EN3 EN3 5SX
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Freehold mixed-use investment property
- Ground floor commercial unit currently leased as a phone shop generating £1,666 PCM
- First floor 1-bedroom residential flat letting at £1,300 PCM
- Prime location on bustling Hertford Road
- Excellent rental yield of approx. 8.17%
- Chain free and already fully tenanted
**Potential Concerns:**
- Requires some repairs and modernization
- Located in an area with above-average crime rates
Discover this exceptional freehold mixed-use investment opportunity on Hertford Road, EN3, priced at just £450,000. This property combines a commercially viable ground floor phone shop with a well-maintained first-floor 1-bedroom flat, offering immediate rental income from existing tenants. With a total potential gross yield of around 8.17%, it's an ideal option for buy-to-let investors and first-time buyers looking to establish their footprint in a highly sought-after urban area.
The corner location ensures high footfall, surrounded by thriving local amenities, shops, and eateries, making it both convenient and attractive to future tenants or owner-occupiers. Although the property requires some repairs, its strong income potential and long-term capital growth prospects in North London make it a rare find. Act now to seize this opportunity in a vibrant community, as properties like this with dual income streams don’t stay on the market for long!
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