Summary - 80a, Chase Side, ENFIELD EN2 6NX
1 bed 1 bath Shop
**Key Features:**
- Mixed-use property with a retail unit and self-contained flat.
- Ground floor currently leased to a long-established barbershop until July 2028.
- Residential flat on the upper level, with a lease until April 2026.
- Total income of £27,720 per annum.
- Freehold property, VAT not applicable.
- Excellent mobile signal and fast broadband speeds.
- Averaged crime rate in a densely populated affluent area.
- Limited mortgage options due to remaining lease length.
This well-located mid-terrace property in Chase Side, Enfield, presents an excellent investment opportunity for both seasoned investors and first-time buyers seeking passive income. The thriving ground floor barbershop, with a secure lease lasting until July 2028, promises stable rental returns. Above, a self-contained flat—currently let on an assured short hold tenancy—offers an additional income stream, expiring in April 2026.
However, potential buyers should be mindful of the challenges with mortgage lending due to the short remaining lease on the commercial unit. The property is well-maintained, featuring modern finishes in the retail space and essential amenities close by, including schools with good Ofsted ratings and a variety of shops. With an asking price of £400,000, this opportunity balances immediate income generation while providing a platform for future development or renovation. Act quickly—properties with this dual rental potential in a desirable area are in high demand!
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