Chain-free income property near stations and good schools, ready for landlords.
• Chain-free end-terrace freehold converted into two self-contained flats
• Current combined rent £2,600pcm (£31,200pa) — gross yield ≈ 6.9%
• Off-street driveway parking and rear garden split between flats
• Both flats have separate entrances, 1 bed, modern fitted kitchen, bathroom
• One tenancy is periodic; the other fixed until early next year
• Medium flood risk — insurance and mitigation may be needed
• Walking distance to two stations; excellent road links to M25/A10/A406
• Located near good schools, shops, and Lea Valley Nature Reserve
This chain-free end-terrace has been converted into two separate one-bedroom flats on a single freehold title, currently producing a combined rental income of £2,600pcm (£31,200pa). The property benefits from off-street parking to the front and a long garden at the rear partitioned between the two flats. Both units have separate entrances, modern fitted kitchens and share an Edwardian character exterior.
The investment suits owners seeking immediate rental income: both flats are tenanted to professionals at £1,300pcm each. One tenancy is periodic (flexible for vacant possession), while the other is fixed until early next year. The property sits within walking distance of Waltham Cross and Theobalds Grove stations, has quick road access to the M25/A10/A406, and local amenities, schools and the Lea Valley Nature Reserve are nearby.
Buyers should note material factors: the site is assessed as medium flood risk, and ongoing landlord responsibilities include managing two current AST tenancies and maintaining the divided garden. The building will suit buyers wanting a let-ready asset with scope to review rental levels, or those prepared to refurbish to increase value and yield.
Overall this freehold block offers an immediately income-producing, low-crime location with fast broadband and excellent transport links. It is best for investors or owner-occupiers comfortable with lettings management and the modest flood risk.
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