Alfriston House, 1 Gilbert Street, Enfield, Greater London
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
8
- BATHROOMS
8
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- High Rental Income: Alfriston House generates a total annual rental income of £104,400, with a mix of residential flats and a detached house.
- Prime Location in Enfield: Situated in a vibrant area of North London, close to major employers like Coca-Cola and the NHS, making it highly attractive to working professionals.
- Strong Transport Links: Close to Enfield Lock and Brimsdown train stations, offering direct services to London Liverpool Street, ideal for commuters.
- Long-Term Lease Security: The block of 4 flats operates under a 15-year Fully Repairing Lease (FRI), ensuring a stable and predictable income stream with minimal maintenance concerns.
- Detached House: The 1-bedroom house is let to a professional tenant under an Assured Shorthold Tenancy (AST), adding further rental stability.
- Regeneration Potential: Enfield is undergoing significant development which will boost property values and infrastructure, enhancing long-term capital appreciation.
- Diverse Local Economy: Proximity to large employers and the Brimsdown Industrial Estate drives strong tenant demand, particularly from professionals in logistics and manufacturing.
- Turnkey Investment: Fully tenanted and ready for immediate income, Alfriston House offers a rare opportunity for stable rental returns and future growth potential.
Description
Property: Freehold Block of 4 Apartments and a Detached 1-Bedroom House
Location: Alfriston House, 1 Gilbert Street, Enfield, EN3 6PD
Configuration: 4 Flats (1x 1-Bedroom, 3x 2-Bedrooms) and a separate 1-Bedroom House
Completion: Fully built and finished, ready for immediate rental income.
Prime Location: Enfield, North London
Enfield, located in North London, offers an excellent opportunity for property investors, particularly in the rental and HMO sectors. Alfriston House on Gilbert Street is ideally situated within a vibrant residential area, benefiting from easy access to local amenities such as shops, supermarkets, and schools. The property is located in close proximity to major employers such as Coca-Cola, Warburtons, and the NHS, making it an attractive location for working professionals and tenants employed in the nearby Brimsdown Industrial Estate.
Exceptional Transport Links
Enfield offers a wide range of transport options, ideal for both tenants and investors seeking strong rental demand. The property is located near Enfield Lock and Brimsdown train stations, providing direct services to London Liverpool Street, making it an ideal location for commuters. Additionally, the M25 motorway offers excellent road connectivity to surrounding regions, while local bus services enhance accessibility throughout the area. These features make Enfield a top choice for working professionals looking for more affordable living options while still maintaining easy access to central London.
Future Growth Potential in a Regenerating Area
Enfield is undergoing significant regeneration, with the Meridian Water development bringing thousands of new homes, employment opportunities, and transport improvements to the area. This project, alongside other local developments, is set to increase property values in the area and provide long-term capital appreciation, making properties like those on Gilbert Street a sound investment.
Income Breakdown
Block of 4 Flats (1x 1-Bed & 3x 2-Bed):
Annual Rental Income: £90,000
Lease Type: 15-year Fully Repairing Lease (FRI), which includes rent, maintenance, bills, and property upkeep.
Includes yearly rental increases at CPI + 3%
1-Bedroom Detached House:
Annual Rental Income: £14,400
Tenant: Let to a professional working tenant under an Assured Shorthold Tenancy (AST).
Total Annual Rental Income: £104,400
Investment Highlights
Total Gross Income: £104,400 per annum
Strong Rental Yield: Attractive return based on current rental agreements.
15-Year Fully Repairing Lease: Minimizes maintenance concerns for the block of flats, providing investors with a steady and predictable income stream.
Prime Location in Enfield: A highly desirable rental location for professionals working in North London and surrounding areas.
Regeneration Potential: Enfield's ongoing development and transport infrastructure improvements are set to enhance both rental demand and property values.
Investment Opportunity
With a fully tenanted setup, long-term rental contracts, and located in a regenerating area with great transport links, Alfriston House on Gilbert Street represents a rare, turnkey investment opportunity offering both stable rental income and potential for future capital appreciation.
The property has a rental of £104,400 per year, which consists of:
• Block of 4 flats (1x 1bed & 3x 2 Beds) at £90,000 per year on a 15 year lease (Fully Repairing Lease covering full rent, maintenance, bills and up keep of the property) with yearly rental increases at CPI+3%
• 1 Bed Detached House at £14,400 per year let to an individual professional working tenant on AST.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Alfriston House, 1 Gilbert Street, Enfield, Greater London
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Turkey Street Station0.3 miles
- Enfield Lock Station0.6 miles
- Waltham Cross Station1.1 miles
About the agent
HMO Sales Expert, Bournemouth
Bourne House, 23 Hinton Road, Bournemouth, BH1 2EF
The HMO Sales Expert is setting a new standard in the multi-unit property market by ensuring that all properties listed are valuation verified by one of the most experienced valuers in the UK. This launch not only marks an era of high compliance and accuracy in sales but promises off-market deals with no buyer feesa complete game changer for investors and property professionals alike. All sales are exclusive to The HMO Sales Expert, guaranteeing unique access to properties that cannot be fou
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