Summary - Commercial Building, South Street, EN3 EN3 4JZ
1 bed 1 bath Detached
**Standout Features:**
- Freehold commercial building with mixed-use potential
- Ground floor shop generating £15,000 pa income
- One-bedroom residential flat above yielding £13,800 pa
- Both units with private gardens, enhancing outdoor space
- Excellent transport links and proximity to amenities
- Potential for expansion or renovation
**Summary:**
This detached mixed-use property on South Street, EN3, presents an exceptional investment opportunity for buyers interested in generating significant rental income. The ground floor commercial space, measuring 194 sqft, is currently leased at £1,250 PCM (approximately £15,000 pa), while the one-bedroom flat above adds another £1,150 PCM (£13,800 pa). This combined income stream totals up to £30,000 annually, with potential for increases in both rental sectors.
Located in the diverse urban community of Ponders End, the property is surrounded by a variety of local amenities, from eateries to healthcare, making it attractive for both business and residential tenants. Each unit benefits from private, accessible garden space, providing outdoor areas that enhance living quality.
While the property is currently a fixed income asset, it also offers the potential for renovations or extensions to further increase value. Please note, the surrounding area has high crime rates, which could be a concern for potential owners. However, with fast broadband speeds and excellent mobile signal, it remains functional for modern living.
This property is perfect for investors looking to tap into a thriving rental market or for those seeking a residence with immediate income potential. Don’t miss your chance to secure this versatile property that appeals to young families and students alike. Act quickly—properties like this are seldom available!
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