Summary - 239 MALTBY DRIVE ENFIELD EN1 4ER
2 bed 1 bath Flat
Ready-rented flat with parking and long lease for cashflow investors.
- Sold with tenants in situ for immediate rental income
- Long lease: 989 years, minimal leasehold risk
- Allocated off-street parking and communal grounds
- Compact footprint: about 531 sq ft, two bedrooms
- Electric heating (room heaters) — no gas central heating
- Service charge approx £1,847–£2,000pa; ground rent £100pa
- Property requires light cosmetic refurbishment to maximise value
- Local area: high crime and high deprivation; consider lettability risks
A practical buy-to-let in Enfield offered with no forward chain and tenants in situ, making it ready for immediate rental income. The second-floor, two-bedroom flat sits in a purpose-built 1980s brick block and includes an allocated parking space and communal landscaped grounds. A very long lease (989 years) removes major leasehold risk for decades.
The accommodation is compact (approximately 531 sq ft) and presented in lived-in condition; light cosmetic refurbishment will increase appeal and yield. Heating is electric with room heaters only, and the windows are reported as double-glazed in some records but internal notes also reference single glazing—expect to check glazing and energy performance. Service charge and ground rent are modest but notable: service charge around £1,847–£2,000pa and ground rent £100pa.
Considerations for investors: the property is sold with tenants in place so you should review the existing tenancy terms and rent level. The local area shows high crime and significant deprivation, which can affect tenant mix and rental growth, although good transport links, nearby schools rated 'Good', and fast broadband support lettability. The flat would suit a landlord seeking immediate cashflow and a low-leasehold-risk holding that could be improved for higher rent or future resale.
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