Summary - 56 MAHON CLOSE ENFIELD EN1 4DQ
1 bed 1 bath Flat
Compact rental with immediate income and room for improved yield.
Long-term tenant in place, consistent rental payments
This studio flat in Enfield offers a straightforward buy-to-let opportunity with an established long-term tenant in place. At 323 sq ft the accommodation is compact but well maintained, with a contemporary bedroom area, separate kitchen and bathroom, and off-street parking — practical for rental demand in the area.
Financially the property currently produces a gross income of £10,764 per year; the vendor estimates a realistic market rent of £14,400, which would improve returns for a new owner. Fast broadband and excellent mobile signal support tenant appeal, and proximity to local amenities and several well-regarded primary and secondary schools helps maintain lettability.
There are important investment considerations to note. The flat is leasehold, situated in a very deprived area with a high local crime rate, which may affect tenant profiles and insurance costs. The living area shows signs of light wear and will benefit from minor upkeep to maximise rent. Buyers should review the Let Property Pack and tenancy documentation before purchase.
For an investor seeking an entry-level rental asset with immediate income and scope to increase rent, this studio presents a clear, hands-on opportunity. The combination of current tenancy, parking and modern finishes keeps it straightforward to manage, provided the buyer accepts the location-specific risks and leasehold status.
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