Magpie Close
- PROPERTY TYPE
Flat
- BEDROOMS
1
- 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
- Online auction date 3 & 4 September 2025
- Guide Price £125,000+
- One bedroom first floor flat
- Suitable for owner occupier or investor
- Leasehold - approx. 88 years unexpired
- Annual ground rent of £250
- Sold with vacant possession
- Potential rent of £1,450 pcm
- Opportunity to add value
- Good rental location
Description
Online auction date 3 & 4 September 2025
Guide Price £125,000+
One bedroom first floor flat
Suitable for owner occupier or investor
Leasehold - approx. 88 years unexpired
Annual ground rent of £250
Sold with vacant possession
Potential rent of £1,450 pcm
Opportunity to add value
Good rental location
OVERVIEW
For sale by online auction, a one bedroom first floor flat within a modern purpose built block arranged over ground and two upper floors.
The property presents an excellent opportunity for a buy-to-let investor, with a potential rental income of £1,450 per calendar month. Furthermore, it is anticipated value can be added by undertaking a basic programme of refurbishment and modernization.
Magpie Close is a modern residential cul-de-sac situated just off Hoe Lane in the popular North London Borough of Enfield. The development benefits from communal gardens and parking areas, offering a pleasant residential environment.
Excellent for commuters, the property boasts easy access to the A10 and M25, alongside nearby rail services to London Liverpool Street. The extensive shopping and leisure facilities of Enfield Town centre are conveniently located just over a mile away.
Floor Area
Total floor area: 30 m2 / 323 ft2
(measurement taken from EPC)
Council Tax
The property is rated within council tax band B.
EPC
Broadband Checker
Tenure
Leasehold for a term of 123 years from 25 December 1990 until 28 September 2113.
Legal Pack
Guide Price
£125,000+
Buyer’s Premium
3% (min. £4,500) inc. VAT.
Viewings
Please contact John Pye Property by email at or on .
- 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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Energy performance certificate - ask agent
Magpie Close
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About JOHN PYE SURVEYORS LIMITED, Nottingham
James Shipstone House Radford Road, New Basford, Nottingham, NG7 7EAYour mortgage
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Visit our security centre to find out moreDisclaimer - Property reference PROP582. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by JOHN PYE SURVEYORS LIMITED, Nottingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call JOHN PYE SURVEYORS LIMITED, Nottingham on 0115 970 6060.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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