Summary - 3a, Manor Croft Parade, College Road EN8 9LP
2 bed 2 bath Apartment
Immediate income from twin lets in a commuter-friendly, amenity-rich location.
Studio and one-bedroom flats sold together, currently let on ASTs
An investor-focused opportunity comprising two let flats above shop premises, currently producing a combined £1,900pcm inclusive of bills. The property is centrally located in Cheshunt, within walking distance of Cheshunt BR station for quick connections to Tottenham Hale and Liverpool Street, and includes two allocated off-street parking spaces.
The offering consists of a studio and a one-bedroom flat let on assured shorthold tenancies; the studio rents at £960pcm and the one-bed at £1,050pcm (both inclusive of council tax and utilities). The lease has approximately 115 years remaining (original 125-year lease from July 2014), which is comfortably long for a long-term buy-to-let holding.
Size is compact (approx. 410 sq ft total) and the building dates from c.1950–66; cavity walls likely lack added insulation, so expect modest energy performance and potential upgrade costs. Rents currently include bills, which reduces headline yield and may affect net income when tenancies are renewed.
Known risks and considerations are medium flood risk for the area and a small overall footprint, which may limit resale market to investors or single-occupancy tenants. The low-crime, well-served local area and excellent transport and amenity access support strong rental demand, making this a straightforward income asset with some scope for improving returns at tenancy turnover.
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