Summary - Flat 5, Spectrum House, 78 Tysoe Avenue EN3 6FE
2 bed 1 bath Apartment
Chain-free first-floor flat near Enfield Lock — strong rental potential but lease concerns.
Chain-free two-bedroom first-floor apartment in gated development
This two-bedroom first-floor apartment in a gated development offers clear rental and commuter appeal. Close to Enfield Lock station with direct access towards Tottenham Hale and Liverpool Street, the flat suits investors seeking steady demand from commuters and young renters. The property is chain-free and comes with communal grounds, off-street parking and a small balcony, making it straightforward to let.
Internally the layout is traditional and practical: two spacious bedrooms, a fitted kitchen and a reception room with French doors to a balcony. The apartment measures about 597 sq ft and benefits from double glazing and communal maintenance, reducing immediate upkeep for a landlord. Estimated rental income is strong at around £19,000–£20,000 per year, reflecting good yield potential for a hands-on investor.
Buyers should note important constraints. The flat is leasehold with approximately 77 years remaining — a level that can restrict mortgage lending and reduce long-term capital growth unless the lease is extended. Heating is by electric storage heaters and the kitchen and reception will need cosmetic updating for higher rents or resale. The local area records very high crime and higher deprivation indices, which will affect tenant pool and pricing expectations.
This property is best suited to cash buyers or investors prepared to manage a lease-extension process and to carry out light refurbishment. For someone targeting commuter renters and prepared to price and present the flat against local market conditions, it offers a straightforward, chain-free purchase with clear short-term income prospects.
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