£12,000,000

Block of flats for sale

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Offers over

£12,000,000

(£537.78/sq. ft)

Block of flats for sale

Shirley Road, Enfield EN2

22,314 sq. ft

Local area information

Property location

Nearby amenities

  • Enfield Chase 0.1 miles
  • Enfield County School for Girls 0.2 miles
  • Enfield Grammar School 0.3 miles
  • Enfield Town 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Enfield to find out more about the local area.

Features and description

  • Unbroken apartment block practically completed in June 2024
  • Comprising 45 apartments (39 x 1-bed and 9 x 2-bed)
  • Total net saleable area of 22,314 sqft
  • 100% occupancy achieved within 2 months of practical completion
  • Fully let subject to ASTs and Corporate Lets
  • Total current passing rent: £901,260 per annum
  • Onsite secure bike storage and car parking
  • EPC Ratings B and C
  • For sale freehold
The property comprises a newly converted block situated on a prominent corner site of approximately 0.207 ha (0.511 acres), and is arranged over ground and four upper floors to provide a total of 45 apartments.

The apartments comprise:
* 36 x one bedroom
* 9 x two bedrooms

The building was converted under Permitted Development Rights with the existing structure being retained and utilised, as well as being extended to provide two additional floors.

The building benefits from a lift serving all floors together with a single core staircase. In addition, to the rear of the property there is an external emergency fire exit staircase.

Specification

Internally, all apartments have been converted to a high standard. The design and specification of the units includes:

* Internal finishes such as aluminium windows, white slimline electrical energy efficient radiators and oak fire doors.

* Kitchens benefitting from white gloss soft closing kitchen units, stainless steel sinks and taps and marble effect worktops.

* Bathrooms and en-suites benefitting from white marble effect bathroom tiles, standing showers, ceramic basins and curve chrome ladder towel radiators.

Furniture Packs

39 apartments have been let 'furnished' based on the following packages:

* 1 bed package contains a bed, dining table and 2 chairs, sofa and wardrobes

* 2 bed package contains 2 beds, dining table and 4 chairs, sofa and 2 wardrobes

Interested parties should note that this furniture is owned by the Vendor and will be sold with the building to the benefit of the new owner.

Parking, Bin Stores and Bike Racks

Externally the building benefits from a large car park. Parking has been allocated to the tenants who required 18 spaces as part of their tenancy agreements. Within the grounds there is also a bin storage area and covered bike racks are provided to the rear of the the property.

More information

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. North London
  5. Enfield (London Borough)
  6. Enfield
  7. Shirley Road