2 Bed Flat, Single Let, Enfield, EN3 6FE, £240,000

78 Tysoe Avenue, Enfield, EN3 6FE - 2 views - a year ago

Leasehold
BTL
ROI: 9%
~56 m²
+6 photos

ValuationUndervalued

Sold Prices£193.7K - £341K
Sold Prices/m²£3.6K/m² - £5.7K/m²

 

 

Square Metres

~55.55 m²
Price/m²£4.3K/m²

Value Estimate

£252,500
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Total Cash In

£68,400

 

 

Cash Out

 

Rent Range

£1,400 - £2,150

Rent Estimate

£1,583

Running Costs/mo

£1,087

Cashflow/mo

£496

Cashflow/yr

£5,957

ROI

9%

Gross Yield

8%

Local Sold Prices

33 sold prices from £193.7K to £341K, average is £250K. £3.6K/m² to £5.7K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£234.5K03/210.18 mi42, Bridle Close, Enfield, Greater London EN3 6EA2
£234.5K03/210.18 mi42, Bridle Close, Enfield, Greater London EN3 6EA2
£226K02/210.18 mi30, Bridle Close, Enfield, Greater London EN3 6EA2
£285K08/230.18 mi20, Bridle Close, Enfield, Greater London EN3 6EA2
£236K03/210.18 mi21, Bridle Close, Enfield, Greater London EN3 6EA2
£227.5K12/200.21 mi60, Bridle Close, Enfield, Greater London EN3 6EB2
£270K02/210.21 mi65, Bridle Close, Enfield, Greater London EN3 6EB2
£235K02/230.21 mi64, Bridle Close, Enfield, Greater London EN3 6EB2
£300K04/230.29 mi40a, Allandale Road, Enfield, Greater London EN3 6SB2
£285K01/210.3 mi167, Ordnance Road, Enfield, Greater London EN3 6AD2
£250K10/200.31 mi113, Cunningham Avenue, Enfield, Greater London EN3 6LA2
£250K03/230.31 mi126b, Ordnance Road, Enfield, Greater London EN3 6BU2
£250K12/220.31 mi120b, Ordnance Road, Enfield, Greater London EN3 6BU2
£250K10/200.32 mi113, Cunningham Avenue, Enfield, Greater London EN3 6LA2
£242.5K04/230.41 mi2c, Putney Road, Enfield, Greater London EN3 6NJ2
£245K10/210.5 mi34, Shepley Mews, Enfield, Greater London EN3 6JP2
£255K03/230.51 mi43a, Ordnance Road, Enfield, Greater London EN3 6UT2
£293K11/220.55 mi5, Aldis Mews, Enfield, Greater London EN3 6YE2
£193.7K11/200.57 mi3, Polsten Mews, Enfield, Greater London EN3 6YF2
£262K03/230.59 mi10, Colt Mews, Enfield, Greater London EN3 6YH2
£285K07/230.66 mi9, Harston Drive, Enfield, Greater London EN3 6GG2
£220K01/230.68 mi36, Fisher Close, Enfield, Greater London EN3 6WQ2
£341K05/210.78 mi13a, Turkey Street, Enfield, Greater London EN3 5TT2
£250K03/210.87 mi66, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR2
£275K11/210.87 mi62, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR2
£255K01/210.87 mi22, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR2
£225K11/200.87 miFlat 3, Hardingstone Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SF2
£230K03/230.87 miFlat 21, Hardingstone Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SF2
£222K01/210.9 miFlat 30, Maple Leaf Court, Cross Road, Waltham Cross, Hertfordshire EN8 7HU2
£222K05/230.91 miFlat 6, Westminster Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SH2
£275K11/200.93 mi458, Hertford Road, Enfield, Greater London EN3 5QH2
£275K03/210.95 mi20, Riley Road, Enfield, Greater London EN3 5QB2
£270K02/210.95 mi131, Fishers Close, Waltham Cross, Hertfordshire EN8 7NN2

Local Rents

38 rents from £1.4K/mo to £2.1K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,60003/240.03 miElement House, 74 Tysoe Avenue, Enfield, Greater London, EN3 6FG2
£1,80004/240.2 miMalvern Road, Enfield Lock, EN32
£1,80005/240.2 mi-2
£1,40005/240.21 mi-2
£1,40004/240.21 mi-2
£2,15002/250.21 mi-2
£2,15002/250.21 mi-2
£2,15002/250.21 mi-2
£2,10002/250.21 mi-2
£2,10003/250.21 mi-2
£2,10003/250.21 mi-2
£1,80004/240.21 miVernon Avenue, Enfield, London, EN32
£1,89012/240.26 mi-2
£1,89512/240.26 mi-2
£1,69511/230.29 mi-2
£1,45002/250.29 mi-2
£1,55002/240.29 mi-2
£1,85002/250.3 mi-2
£1,85001/250.3 mi-2
£1,60003/240.31 miCunningham Avenue, Enfield2
£1,50005/240.31 miVelocity Way, Franklin House, EN32
£1,80001/250.34 mi-2
£1,65005/240.35 miWestonia Court, Hertford Road Enfield2
£1,99504/240.37 mi-2
£1,90010/240.37 mi-2
£1,90011/240.37 mi-2
£1,50003/240.42 mi-2
£1,95004/240.42 miRaynton Road, Enfield, EN32
£1,70003/240.49 miKing Henrys Mews, Enfield2
£1,60004/240.49 miBeaconsfield Road, Enfield2
£1,85011/240.5 mi-2
£1,50004/240.5 miShepley Mews, Enfield2
£1,95004/240.51 mi-2
£1,95003/240.51 mi-2
£1,60012/230.54 mi-2
£1,60003/240.61 miWebley Court, Enfield, EN32
£1,50004/240.61 mi-2
£1,60011/240.62 mi-2

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

3.47 miles away

Nearest school

0.10 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £240,000

April 11, 2024

Floor Plans

Description

  • Two Bedroom First Floor Apartment +
  • Offered Chain Free +
  • Communal Grounds, Gardens & Parking +
  • Spacious Bedrooms +
  • Fitted Kitchen +
  • Close Proximity to Enfield Lock Station +
  • Great Access Into Tottenham Hale & London Liverpool Street +
  • Gated Development +
  • Potential Rental Income of 19,000-20,000 +

Notice Of Offer

Property Address: Flat 5 Spectrum House, 78 Tysoe Avenue Enfield, Middlesex, EN3 6FE

We advise that an offer has been made for the above property in the sum of £225,000. Any persons wishing to increase on this offer should notify the agents of their best offer prior to exchange of contracts.

Agents Address: 186 Hertford Road, Enfield, Middx, EN3 5AZ

Agents Telephone Number:

Entrance Hallway - With power point and storage cupboard.

Reception Room - 5.49m,0.61m * 3.05m,0.30m (18,2 * 10,1) - With carpet, power point, electric heating, juliet balcony, double glazed window to the front.

Kitchen - 2.44m,1.52m * 2.13m,2.44m (8,5 * 7,8) - Double glazed window, work surfaces, laminated flooring, electric hob/ oven, power, extractor hood, sink/single drainer, part tilled walls.

Bedroom One - 4.88m,2.44m * 2.44m,1.52m (16,8 * 8,5) - Carpet flooring, double glazing window to front, power, electric heater

Bedroom Two - Double glazed window to front, carpet, power, electric heater.

Bathroom - 2.13m,1.22m * 1.52m,1.83m (7,4 * 5,6) - Low level wc, bath with shower attached, wash hand basin.

Agent Details

Kings Group, Enfield Highway

020 3879 5588

Next Steps?

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