19 bed block of flats for sale

Queensway, Enfield EN3

Vacant Freehold Block 9 Units £240,000 Let Estimated Income spv Sale

A rare and exclusive opportunity to acquire a fully completed, newly constructed freehold residential block comprising nine specification apartments, offered for sale via Special Purpose Vehicle (spv).

Opportunities to purchase an entire block of this size, specification and readiness are seldom available, particularly in a strong North London rental location. This is a clean, turnkey asset positioned for immediate letting and long-term growth.

The property is sold fully vacant, providing an investment for buyers seeking full control from day one, with the ability to implement their own letting strategy and maximise rental income.

The asset is well suited to both cash purchasers and financed buyers, with preference given to strong, proceedable buyers. Purchasers who are in a position to transact swiftly may be viewed favourably.

The development offers a strong and highly lettable unit mix:

3 × One-Bedroom Apartments

2 × Two-Bedroom Apartments

4 × Three-Bedroom Apartments

Each apartment is finished to a contemporary specification, featuring fully fitted kitchens with integrated appliances, modern bathrooms, bright open-plan living areas and quality flooring throughout. The layouts are generous and designed to appeal to both professionals and families.

The block is fully completed and ready for immediate occupation or letting.

Investment Overview

Estimated Gross Rental Income: £240,000 per annum

Sold Vacant – Ability To Set Rents At Full Market Value

Strong Demand Across All Unit Types

Low Ongoing Maintenance Due To New Build Condition

Situated in Ponders End (EN3), the property benefits from a well established residential setting with strong and consistent rental demand.

The area offers a wide range of local amenities including shops, supermarkets, cafés and restaurants, alongside reputable schools and nearby green spaces. Excellent transport links provide convenient access into Central London and surrounding areas.

Summary

A rare opportunity to secure an exclusive, fully completed freehold block in a high-demand North London location. Offering immediate letting potential, full control and clear income upside, this is a standout investment opportunity not commonly available to the open market. Buyers in a position to proceed quickly are encouraged to enquire