Summary - Apartment 12, Enfield House, 18 Low Pavement NG1 7DG
3 bed 2 bath Apartment
Immediate income in a central location close to transport and amenities.
Tenanted until August 2027 producing £21,060 pa
This three-bedroom apartment in Enfield House offers an immediate, low-effort investment with tenants in place until August 2027, producing £21,060 per year (approx. 8.6% gross yield at the asking price). The flat occupies a mid-terrace building in the Lace Market and combines modern internal finishes with period exterior character, appealing to professional sharers and postgraduate tenants who favour central city living.
The living space is an open-plan kitchen, dining and lounge with contemporary fittings and French doors opening onto a private balcony — a useful lifestyle extra for city renters. The master bedroom includes built-in wardrobes and an en suite shower; two further double bedrooms and a modern family bathroom complete the accommodation. Neutral décor and double glazing make the property straightforward to manage for buy-to-let owners.
Practical details that affect ownership: the flat is leasehold with 112 years remaining, a small annual ground rent of £250 and electric storage heating throughout. Broadband speeds in the area are reported as very slow, and the local crime level is very high — both factors to consider when assessing tenant profile, insurance and service arrangements.
Overall, this is a hands-off, income-producing opportunity in a high-demand rental pocket near transport, cafés and cultural amenities. It suits investors seeking immediate rental return and minimal refurbishment work; buyers wanting owner-occupation should factor in the tenancy, urban neighbourhood characteristics and utility/heating style before committing.
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