2 Bed Flat, Single Let, Enfield, EN1 1GD, £275,000

Main Avenue, Enfield, EN1 1GD - 3 views - 10 months ago

Leasehold
BTL
ROI: 6%
~60 m²
+10 photos

ValuationUndervalued

Sold Prices£222.5K - £500K
Sold Prices/m²£3.3K/m² - £7.1K/m²

 

 

Square Metres

~60 m²
Price/m²£4.6K/m²

Value Estimate

£315,789
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£1,500 - £2,200

Rent Estimate

£1,600

Running Costs/mo

£1,199

Cashflow/mo

£401

Cashflow/yr

£4,808

ROI

6%

Gross Yield

7%

Local Sold Prices

48 sold prices from £222.5K to £500K, average is £315K. £3.3K/m² to £7.1K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£260K06/210.09 miFlat 7, Constable House, Ayley Croft, Enfield, Greater London EN1 1XX2
£250K06/210.16 mi44, Roman Way, Enfield, Greater London EN1 1EQ2
£300K02/210.22 miFirst Floor Maisonette, 281, Great Cambridge Road, Enfield, Greater London EN1 1SQ2
£332.5K11/210.24 miFlat 13, Chapel Court, St Marks Road, Enfield, Greater London EN1 1DT2
£340K08/210.25 mi35b, St Marks Road, Enfield, Greater London EN1 1BG2
£325K10/200.26 miFlat 13, Chapel Court, St Marks Road, Enfield, Greater London EN1 1DT2
£340K07/230.39 mi235, Southbury Road, Enfield, Greater London EN1 1QZ2
£384K03/210.5 mi80a, Cecil Avenue, Enfield, Greater London EN1 1PP2
£300K06/210.54 mi91, Cobham Close, Enfield, Greater London EN1 3SD2
£272K02/210.54 mi29, Cobham Close, Enfield, Greater London EN1 3SD2
£315K10/210.54 mi23, Cobham Close, Enfield, Greater London EN1 3SD2
£460K08/230.56 mi18, Falmer Road, Enfield, Greater London EN1 1PY2
£385K12/200.62 miFlat 22, Austin Court, Village Road, Enfield, Greater London EN1 2DY2
£365K02/210.62 miFlat 2, Austin Court, Village Road, Enfield, Greater London EN1 2DY2
£297.5K02/210.62 mi33, Winchester Close, Enfield, Greater London EN1 2ES2
£293K03/230.64 mi10, Lingfield Close, Enfield, Greater London EN1 2JL2
£313K03/210.64 mi7, Lingfield Close, Enfield, Greater London EN1 2JL2
£300K04/210.65 mi87b, High Street, Enfield, Greater London EN3 4EE2
£365K11/210.67 mi27, Queens Road, Enfield, Greater London EN1 1NF2
£325K01/230.68 mi15, Stanley Road, Enfield, Greater London EN1 1NG2
£263K05/230.69 mi4, Camberley Avenue, Enfield, Greater London EN1 2AR2
£350K06/210.71 mi35, Beresford Gardens, Enfield, Greater London EN1 1NN2
£348K02/230.72 mi11, Mortimer Drive, Enfield, Greater London EN1 2LH2
£400K09/210.72 mi1, Village Park Close, Enfield, Greater London EN1 2SG2
£305K05/210.74 mi61, Eaton Road, Enfield, Greater London EN1 1NJ2
£315K10/220.74 mi45, Eaton Road, Enfield, Greater London EN1 1NJ2
£280K09/210.74 mi49, Sandhurst Road, London, Greater London N9 8BA2
£276K07/230.75 mi95, Beresford Gardens, Enfield, Greater London EN1 1NP2
£315K06/210.75 mi99, Sandhurst Road, London, Greater London N9 8BA2
£280K10/230.75 mi57, Sandhurst Road, London, Greater London N9 8BA2
£277K11/200.75 mi21, Kennedy Avenue, Enfield, Greater London EN3 4PA2
£315K10/200.76 mi14b, Ladysmith Road, Enfield, Greater London EN1 3AA2
£295K12/200.77 mi2a, Eaton Road, Enfield, Greater London EN1 1NA2
£350K04/210.77 mi49a, Chalkwell Park Avenue, Enfield, Greater London EN1 2AN2
£274.5K06/210.78 mi84, Sandhurst Road, London, Greater London N9 8BJ2
£285K02/230.78 mi80, Sandhurst Road, London, Greater London N9 8BJ2
£277K03/210.78 mi70, Sandhurst Road, London, Greater London N9 8BJ2
£277K05/210.78 mi36, Sandhurst Road, London, Greater London N9 8BJ2
£345K05/210.87 mi2, Adamsrill Close, Enfield, Greater London EN1 2BP2
£375K02/230.87 mi20, Adamsrill Close, Enfield, Greater London EN1 2BP2
£360K11/220.89 mi105, Uvedale Road, Enfield, Greater London EN2 6HD2
£475K09/230.9 miFlat 6, Brooklands Court, Bush Hill, London, Greater London N21 2BZ2
£222.5K10/200.91 mi119, Croyland Road, London, Greater London N9 7BH2
£350K06/230.91 mi12, Calder Close, Enfield, Greater London EN1 3TS2
£500K12/200.94 mi14, Riversfield Road, Enfield, Greater London EN1 3DJ2
£415K11/220.94 mi114a, Village Road, Enfield, Greater London EN1 2EX2
£290K08/210.95 mi126, Village Road, Enfield, Greater London EN1 2EX2
£375K05/210.98 mi41, St Andrews Road, Enfield, Greater London EN1 3UA2

Local Rents

24 rents from £1.5K/mo to £2.2K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,60003/240.18 miLeighton Road, Enfield , EN12
£2,20005/240.23 mi-2
£1,90003/240.24 miBertram Road, Enfield2
£1,50012/240.24 mi-2
£1,50003/250.24 mi-2
£1,60005/240.33 miWoodstock Crescent, Enfield - You Wouldn't want to miss out on this !!2
£1,61003/240.34 miTrinity Avenue, Enfield, Greater London, EN12
£1,75004/240.35 mi-2
£2,00003/240.38 miPercival Road, Enfield, EN12
£1,85004/240.38 miPercival Road, Enfield, London EN12
£1,60003/240.41 miDerby Road, London, EN32
£1,55004/240.43 miQueen Annes Place, Enfield2
£1,67505/240.48 mi-2
£1,80005/240.49 miOaklands Avenue, N92
£2,00003/250.5 mi-2
£1,75003/250.54 mi-2
£1,95003/240.55 miDowns Road, ENFIELD2
£1,80004/240.55 miClarence Road, Enfield, EN32
£1,80012/240.56 mi-2
£1,75003/240.57 miWellington Road, ENFIELD2
£1,60003/240.57 mi-2
£1,70005/240.57 mi-2
£1,60003/250.58 mi-2
£1,60002/240.61 mi-2

Local Area Statistics

Population in EN1

45,671

Population in Enfield

130,248

Town centre distance

1.56 miles away

Nearest school

0.10 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £275,000

June 7, 2024

Floor Plans

Description

Excellent value Modern first floor Concierge serviced Two bedroom apartment with Lift and Gated Parking. Spacious Open plan lounge and Stylish well equiped Kitchen with breakfast bar, Island with integrated gas hob and electric oven. Good size double bedrooms. Master bedroom has en-suite and ample of natural light beaming in through double glazed windows, main family bathroom with extractor fan.

Agent Details

Bairstow Eves, Enfield

020 3910 6380

Next Steps?

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