3 Bed Terraced House, Single Let, Enfield, EN1 4DF, £470,000

15 Mahon Close, Enfield, Greater London, EN1 4DF - 9 months ago

BTL
ROI: 1%
~91 m²
+18 photos

ValuationUndervalued

Sold Prices£373K - £660K
Sold Prices/m²£4.2K/m² - £6.9K/m²

 

 

Square Metres

~91.38 m²
Price/m²£5.1K/m²

Value Estimate

£532,119
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£117,500

Stamp Duty & Legal Fees

£26,300

Total Cash In

£143,800

 

 

Cash Out

 

Rent Range

£1,995 - £2,750

Rent Estimate

£2,000

Running Costs/mo

£1,889

Cashflow/mo

£111

Cashflow/yr

£1,335

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £373K to £660K, average is £497.5K. £4.2K/m² to £6.9K/m², average is £5.9K/m².

PriceDateDistanceAddressBeds 
£430K05/230 mi14, Mahon Close, Enfield, Greater London EN1 4DF3
£412K04/210 mi5, Mahon Close, Enfield, Greater London EN1 4DF3
£442K04/210.04 mi28, Mahon Close, Enfield, Greater London EN1 4DG3
£515K03/210.15 mi383, Carterhatch Lane, Enfield, Greater London EN1 4AN3
£532.5K05/230.17 mi60, Russell Road, Enfield, Greater London EN1 4TW3
£495K11/200.19 mi9, St Georges Road, Enfield, Greater London EN1 4TY3
£470K04/210.2 mi278, Ladysmith Road, Enfield, Greater London EN1 3AF3
£500K06/210.2 mi69, Goat Lane, Enfield, Greater London EN1 4UA3
£520K04/210.22 mi41, Russell Road, Enfield, Greater London EN1 4TN3
£550K10/220.24 mi126, Linden Gardens, Enfield, Greater London EN1 4EA3
£470K11/220.24 mi2, Meyer Green, Enfield, Greater London EN1 4NG3
£410K03/230.25 mi40, Carisbrook Close, Enfield, Greater London EN1 3NB3
£470K12/200.25 mi102, Linden Gardens, Enfield, Greater London EN1 4DX3
£547K10/210.27 mi31, Carisbrook Close, Enfield, Greater London EN1 3NA3
£430K03/210.27 mi49, Linden Gardens, Enfield, Greater London EN1 4DU3
£524K03/210.27 mi269, Hoe Lane, Enfield, Greater London EN1 4JL3
£535K03/210.28 mi3, Eastbury Avenue, Enfield, Greater London EN1 3NJ3
£495K03/210.29 mi179, Carterhatch Lane, Enfield, Greater London EN1 4BJ3
£450K04/210.31 mi945, Great Cambridge Road, Enfield, Greater London EN1 4BY3
£465K03/210.31 mi907, Great Cambridge Road, Enfield, Greater London EN1 4BX3
£478.5K12/200.31 mi113, Kenilworth Crescent, Enfield, Greater London EN1 3RG3
£620K06/230.32 mi143, Tenniswood Road, Enfield, Greater London EN1 3LU3
£500K10/200.33 mi132, Tenniswood Road, Enfield, Greater London EN1 3HE3
£450K12/200.33 mi11, Ridler Road, Enfield, Greater London EN1 3RB3
£465K04/210.33 mi4, Ridler Road, Enfield, Greater London EN1 3RB3
£420K05/210.34 mi38, Tynemouth Drive, Enfield, Greater London EN1 4LS3
£660K10/220.35 mi95, Willow Road, Enfield, Greater London EN1 3BP3
£515K09/210.35 mi101, Kenilworth Crescent, Enfield, Greater London EN1 3RF3
£413K06/210.36 mi870, Great Cambridge Road, Enfield, Greater London EN1 4JT3
£500K02/230.37 mi219, Ladysmith Road, Enfield, Greater London EN1 3AQ3
£625K12/220.38 mi98, Tenniswood Road, Enfield, Greater London EN1 3HE3
£373K02/210.38 mi1041, Great Cambridge Road, Enfield, Greater London EN1 4DA3
£600K07/230.38 mi128, Tenniswood Road, Enfield, Greater London EN1 3HE3
£537.8K04/210.39 mi242, Ladysmith Road, Enfield, Greater London EN1 3AE3
£427.5K11/200.39 mi435, Baker Street, Enfield, Greater London EN1 3QY3
£550K01/210.39 mi23, Carnarvon Avenue, Enfield, Greater London EN1 3DX3
£605K10/220.4 mi106, Willow Road, Enfield, Greater London EN1 3AY3
£510K07/230.4 mi19, Connaught Avenue, Enfield, Greater London EN1 3BE3
£485K03/230.42 mi92, Tynemouth Drive, Enfield, Greater London EN1 4LT3
£520K11/210.43 mi97, Willow Road, Enfield, Greater London EN1 3BP3
£404K06/230.43 mi147, Willow Road, Enfield, Greater London EN1 3BP3
£493K07/210.43 mi405, Baker Street, Enfield, Greater London EN1 3QZ3
£449K12/220.43 mi446, Baker Street, Enfield, Greater London EN1 3QU3
£510K05/210.44 mi5, Cambridge Gardens, Enfield, Greater London EN1 3PJ3
£485K01/210.45 mi25, Canonbury Road, Enfield, Greater London EN1 3LW3
£578K11/200.45 mi22, Canonbury Road, Enfield, Greater London EN1 3LW3
£436K12/200.45 mi3, Kenilworth Crescent, Enfield, Greater London EN1 3RD3
£540K01/210.45 mi2, Kenilworth Crescent, Enfield, Greater London EN1 3RD3
£515K12/210.45 mi5, Sandringham Close, Enfield, Greater London EN1 3JJ3
£523K09/210.46 mi38, Burnham Close, Enfield, Greater London EN1 3RA3

Local Rents

17 rents from £2K/mo to £2.8K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,40001/240.11 mi-3
£2,75005/240.12 mi-3
£2,00004/240.18 miOrchard Crescent, ENFIELD3
£2,45003/250.28 mi-3
£2,45003/250.28 mi-3
£2,45003/250.28 mi-3
£2,75005/240.28 miForty Hill, ENFIELD3
£2,15003/240.28 miKenilworth Crescent, Enfield, Middlesex, EN13
£2,25004/240.36 miGreat Cambridge Road, Enfield, Middlesex, EN13
£2,50001/250.37 mi-3
£2,10003/250.37 mi-3
£2,00003/240.44 miCanonbury Road 3
£2,00003/240.46 miGreat Cambridge Road, Enfield, EN13
£2,02502/250.48 mi-3
£1,99504/240.51 miConnaught Avenue, Enfield, Middlesex, EN13
£1,99504/240.51 miConnaught Avenue, Enfield, Middlesex, EN13
£2,50003/240.57 miStoneleigh Avenue, Enfield, EN13

Local Area Statistics

Population in EN1

45,671

Population in Enfield

130,248

Town centre distance

1.74 miles away

Nearest school

0.30 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £470,000

July 19, 2024

Sold for £380,000

2016

Floor Plans

Description

  • 3 Bedrooms +
  • Modern fitted kitchen +
  • Spacious open plan living room +
  • Modern 1st floor family bathroom with under floor heating +
  • Quiet residential no through road location +
  • Utility room +
  • Double glazing +
  • Close to local amenities +
  • Ground floor w.c. +

A well presented three bedroom mid terraced modern family home located off Carterhatch Lane, west of the Great Cambridge Road close to Forty Hall Country Park and local schools and approx 1m to Enfield Town Centre and Train station. The property is offered for sale in very good decorative order and viewing is highly recommended. Features include spacious open plan living room, ground floor w.c., modern 1st floor family bathroom with under floor heating, modern fitted kitchen, quiet residential no through road location, utility room, double glazing, close to local amenities.

Agent Details

Castles Estate Agents, Enfield

020 3835 6089

Next Steps?

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