2 Bed Flat, Single Let, Enfield, EN3 5SQ, £250,000

116 Bouvier Road, Enfield, Greater London, EN3 5SQ - 4 views - 2 years ago

Leasehold
BTL
ROI: 7%
~66 m²
+7 photos

ValuationUndervalued

Sold Prices£135K - £341K
Sold Prices/m²£3.6K/m² - £7.3K/m²

 

 

Square Metres

~66.10 m²
Price/m²£3.8K/m²

Value Estimate

£309,844
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,400 - £2,750

Rent Estimate

£1,500

Running Costs/mo

£1,101

Cashflow/mo

£399

Cashflow/yr

£4,785

ROI

7%

Gross Yield

7%

Local Sold Prices

41 sold prices from £135K to £341K, average is £260K. £3.6K/m² to £7.3K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£275K11/200.13 mi458, Hertford Road, Enfield, Greater London EN3 5QH2
£275K03/210.22 mi20, Riley Road, Enfield, Greater London EN3 5QB2
£135K11/220.27 mi46, Stainton Road, Enfield, Greater London EN3 5JS2
£220K03/230.29 mi259, Maltby Drive, Enfield, Greater London EN1 4ES2
£341K05/210.3 mi13a, Turkey Street, Enfield, Greater London EN3 5TT2
£257K06/230.3 mi55, Stainton Road, Enfield, Greater London EN3 5JP2
£267.5K08/210.34 mi140, Maltby Drive, Enfield, Greater London EN1 4EW2
£255K03/230.39 mi43a, Ordnance Road, Enfield, Greater London EN3 6UT2
£250K03/230.59 mi126b, Ordnance Road, Enfield, Greater London EN3 6BU2
£250K12/220.59 mi120b, Ordnance Road, Enfield, Greater London EN3 6BU2
£242.5K04/230.59 mi2c, Putney Road, Enfield, Greater London EN3 6NJ2
£322K01/230.59 mi10, Bridge Close, Enfield, Greater London EN1 4LH2
£285K01/210.6 mi167, Ordnance Road, Enfield, Greater London EN3 6AD2
£300K02/210.62 mi48, Severn Drive, Enfield, Greater London EN1 4LY2
£290K10/220.65 mi79, Glenloch Road, Enfield, Greater London EN3 7HL2
£260K02/210.65 mi44, Glenloch Road, Enfield, Greater London EN3 7HN2
£185K08/230.65 mi42, Glenloch Road, Enfield, Greater London EN3 7HN2
£280K09/210.66 mi50, Westmoor Road, Enfield, Greater London EN3 7LF2
£300K04/230.68 mi40a, Allandale Road, Enfield, Greater London EN3 6SB2
£260K02/210.73 mi9, Cuba Drive, Enfield, Greater London EN3 5BB2
£292.5K05/210.73 mi68, Green Street, Enfield, Greater London EN3 7HP2
£217.5K04/210.74 mi216, Magpie Close, Enfield, Greater London EN1 4JG2
£250K10/200.8 mi113, Cunningham Avenue, Enfield, Greater London EN3 6LA2
£250K10/200.81 mi113, Cunningham Avenue, Enfield, Greater London EN3 6LA2
£275K03/210.83 mi1, Linwood Crescent, Enfield, Greater London EN1 4UP2
£272K04/210.83 mi107, Linwood Crescent, Enfield, Greater London EN1 4UP2
£257K03/230.84 mi80, Orton Grove, Enfield, Greater London EN1 4UY2
£285K11/220.85 mi51, Osborne Road, Enfield, Greater London EN3 7RW2
£270K04/210.87 mi17, Orton Grove, Enfield, Greater London EN1 4UE2
£290K11/220.87 mi24, Orton Grove, Enfield, Greater London EN1 4UE2
£285K08/230.89 mi20, Bridle Close, Enfield, Greater London EN3 6EA2
£236K03/210.89 mi21, Bridle Close, Enfield, Greater London EN3 6EA2
£234.5K03/210.9 mi42, Bridle Close, Enfield, Greater London EN3 6EA2
£234.5K03/210.9 mi42, Bridle Close, Enfield, Greater London EN3 6EA2
£226K02/210.9 mi30, Bridle Close, Enfield, Greater London EN3 6EA2
£227.5K12/200.93 mi60, Bridle Close, Enfield, Greater London EN3 6EB2
£270K02/210.93 mi65, Bridle Close, Enfield, Greater London EN3 6EB2
£235K02/230.93 mi64, Bridle Close, Enfield, Greater London EN3 6EB2
£317.5K07/210.98 mi15, Bridgenhall Road, Enfield, Greater London EN1 4AZ2
£245K05/210.98 mi36, Russell Road, Enfield, Greater London EN1 4TW2
£300K12/200.99 mi335, Carterhatch Lane, Enfield, Greater London EN1 4AW2

Local Rents

41 rents from £1.4K/mo to £2.8K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,90004/240.06 miHoe Lane, Enfield, London, EN32
£1,60003/240.09 miHoecroft Court, Hoe Lane, Enfield2
£1,40004/240.12 mi463-465 Hertford Road, Enfield, Greater London, EN32
£1,40004/240.12 mi-2
£1,65005/240.17 mi-2
£1,65003/250.17 mi-2
£1,60004/240.23 miHertford Road, Enfield2
£1,65003/250.29 mi-2
£1,60003/240.3 miStainton Road, Enfield, EN32
£1,50011/240.32 mi-2
£2,00012/240.4 mi-2
£1,50002/240.41 mi-2
£1,60004/240.41 miBeaconsfield Road, Enfield2
£1,85011/240.42 mi-2
£1,85002/250.46 mi-2
£1,95004/240.48 miRaynton Road, Enfield, EN32
£1,70003/240.49 miThe Sunny Road, Enfield, EN32
£1,75002/250.49 mi-2
£1,60004/240.49 miAddison Road, Enfield, EN32
£2,10012/240.5 mi-2
£1,80002/250.5 mi-2
£1,75011/240.5 mi-2
£1,90001/250.5 mi-2
£1,70001/250.5 mi-2
£1,90001/250.5 mi-2
£1,70002/250.5 mi-2
£1,70003/250.5 mi-2
£1,80003/250.5 mi-2
£1,50003/250.5 mi-2
£1,50003/250.5 mi-2
£1,60002/250.5 mi-2
£1,55001/240.52 mi-2
£2,75011/240.53 mi-2
£1,80005/240.53 miLarmans Road, Enfield, London, EN32
£1,50004/240.56 miSherbourne Avenue, Enfield2
£1,50005/240.56 miSherbourne Avenue, Enfield2
£1,80002/250.58 mi-2
£1,50004/240.59 miBridge Close, Enfield, Middlesex, EN12
£1,65012/240.6 mi-2
£1,65003/240.61 miGlenloch Road, Enfield, Middlesex, EN32
£1,80005/240.62 mi-2

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

2.59 miles away

Nearest school

0.30 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £250,000

January 9, 2023

Sold for £111,500

2003

Floor Plans

Description

*OPEN-HOUSE* 28th of September Bairstow Eves is proud to present this two bedroom split level first floor flat, featuring gas central heating, upvc double glazed windows. The property has been kept in good order throughout by the current owners & decorated to mutual colour scheme throughout. we highly recommend early viewing for this realistically priced property!

Agent Details

Bairstow Eves, Enfield

020 3910 6380

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪