Second-floor one-bed investment close to Potters Bar station and gated parking.
Current rent £1,450 pcm with tenants in situ
A practical buy-to-let close to Potters Bar station, this second-floor one-bedroom apartment is presented with tenants in situ and producing a current rent of £1,450 pcm. The 2017 conversion offers a modern open-plan kitchen/lounge with integrated NEFF appliances, floor-to-ceiling bedroom wardrobes and a tiled contemporary bathroom — low-maintenance finishes that suit rental occupancy.
The block includes lift access, gated allocated off-street parking and communal bike storage, making the flat convenient for commuters who use the nearby mainline for fast services to London. With excellent mobile signal, close motorway links and local amenities within walking distance, the location supports steady tenant demand.
Practical costs and constraints are clear: the property is leasehold with long lease terms reported (approximately 117–121 years remaining), an annual ground rent of £395 and service charges reported between c. £1,498 and £2,530. Broadband speeds are slow locally and recorded crime levels are high — both important for tenant screening and pricing decisions. Chain free and offered as a ready rental investment, this apartment suits a buyer seeking immediate income and a low-upkeep urban asset.
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