Investment Opportunity: 8% Yield in Waltham Abbey EN9

www.Gracechurch-Property.co.uk

This terraced property offers a ground floor commercial unit including a basement, along with a large one bedroom duplex flat above. The property is on the market for £304,995 with an average asking price for a Terraced property being £262,108 and the average for Flat at £178,428 in the EN9 postcode.

Ideally located in Market Square, in heart of Waltham Abbey's EN9 historic town centre, the property provides easy access to the M25, Waltham Cross Railway Station (1.0 mile) and local amenities. Market Square EN9 comprises 37 properties including 24 commercial dwellings.

Market Square provides an excellent opportunity for a buy-to-let investor as the property is to be sold with incumbent tenants. The shop premises and duplex flat provide a combined rental income of £25,000 per annum.

Therefore, even if you managed to agree a sale at the full asking price (£304,995) this makes for a gross rental yield of 8% and property prices in EN9 have risen 22.97% on average over the past 5 years.*

If you require any further information on this property, please do not hesitate to contact Gracechurch Property Services on 020 3418 0580 or email info@gracechurch-property.co.uk.

*Please note, the calculations are for guidelines only. The agreed sale and rental figure for the property may be higher or lower. Always consult a financial advisor with help with your mortgage.