5 bed block of flats for sale

165A Darkes Lane, Potters Bar, Hertfordshire EN6

Guide Price = £375,000+

**For Sale By Public Auction 22nd April 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A First and Second Floor Five Bedroom Licensed HMO Fully Let Producing £41,400 Per Annum (Reflecting a Gross Initial Yield of 11%).

Tenure
Leasehold. The property is held on a 1089 year lease from 9th November 2004 (thus approximately 1068 years unexpired).

Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Parkfield Open Space are within easy reach. Transport links are provided by Potters Bar rail station.

Description
The property comprises a first and second floor five bedroom HMO situated within a mid terrace building arranged over ground and two upper floors.

Accommodation
First Floor
Reception Room
Kitchen
Letting Room

Second Floor
Four Letting Rooms
Bathroom
Shower Room

Tenancy
The property is subject to individual tenancies at a combined rent of £41,400 per annum. The vendor is in the process of increasing the rent to £43,200 per annum (resulting in a Gross Yield of 11.5%)