2 Bed Flat, Single Let, Enfield, EN1 1FG, £300,000

Charles Street, Enfield, EN1 1FG - 2 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~79 m²
+5 photos

ValuationUndervalued

Sold Prices£250K - £500K
Sold Prices/m²£3.3K/m² - £7.1K/m²

 

 

Square Metres

~78.69 m²
Price/m²£3.8K/m²

Value Estimate

£369,000
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,400 - £2,450

Rent Estimate

£1,438

Running Costs/mo

£1,245

Cashflow/mo

£193

Cashflow/yr

£2,315

ROI

3%

Gross Yield

6%

Local Sold Prices

42 sold prices from £250K to £500K, average is £337.5K. £3.3K/m² to £7.1K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£332.5K11/210.11 miFlat 13, Chapel Court, St Marks Road, Enfield, Greater London EN1 1DT2
£340K08/210.11 mi35b, St Marks Road, Enfield, Greater London EN1 1BG2
£325K10/200.16 miFlat 13, Chapel Court, St Marks Road, Enfield, Greater London EN1 1DT2
£250K06/210.19 mi44, Roman Way, Enfield, Greater London EN1 1EQ2
£384K03/210.26 mi80a, Cecil Avenue, Enfield, Greater London EN1 1PP2
£460K08/230.29 mi18, Falmer Road, Enfield, Greater London EN1 1PY2
£385K12/200.31 miFlat 22, Austin Court, Village Road, Enfield, Greater London EN1 2DY2
£365K02/210.31 miFlat 2, Austin Court, Village Road, Enfield, Greater London EN1 2DY2
£260K06/210.36 miFlat 7, Constable House, Ayley Croft, Enfield, Greater London EN1 1XX2
£263K05/230.37 mi4, Camberley Avenue, Enfield, Greater London EN1 2AR2
£340K07/230.37 mi235, Southbury Road, Enfield, Greater London EN1 1QZ2
£300K02/210.37 miFirst Floor Maisonette, 281, Great Cambridge Road, Enfield, Greater London EN1 1SQ2
£297.5K02/210.37 mi33, Winchester Close, Enfield, Greater London EN1 2ES2
£350K06/210.4 mi35, Beresford Gardens, Enfield, Greater London EN1 1NN2
£365K11/210.41 mi27, Queens Road, Enfield, Greater London EN1 1NF2
£293K03/230.41 mi10, Lingfield Close, Enfield, Greater London EN1 2JL2
£313K03/210.41 mi7, Lingfield Close, Enfield, Greater London EN1 2JL2
£325K01/230.42 mi15, Stanley Road, Enfield, Greater London EN1 1NG2
£348K02/230.44 mi11, Mortimer Drive, Enfield, Greater London EN1 2LH2
£305K05/210.45 mi61, Eaton Road, Enfield, Greater London EN1 1NJ2
£315K10/220.46 mi45, Eaton Road, Enfield, Greater London EN1 1NJ2
£276K07/230.46 mi95, Beresford Gardens, Enfield, Greater London EN1 1NP2
£350K04/210.46 mi49a, Chalkwell Park Avenue, Enfield, Greater London EN1 2AN2
£400K09/210.48 mi1, Village Park Close, Enfield, Greater London EN1 2SG2
£295K12/200.5 mi2a, Eaton Road, Enfield, Greater London EN1 1NA2
£300K06/210.5 mi91, Cobham Close, Enfield, Greater London EN1 3SD2
£272K02/210.5 mi29, Cobham Close, Enfield, Greater London EN1 3SD2
£315K10/210.5 mi23, Cobham Close, Enfield, Greater London EN1 3SD2
£315K10/200.54 mi14b, Ladysmith Road, Enfield, Greater London EN1 3AA2
£360K11/220.58 mi105, Uvedale Road, Enfield, Greater London EN2 6HD2
£345K05/210.58 mi2, Adamsrill Close, Enfield, Greater London EN1 2BP2
£375K02/230.58 mi20, Adamsrill Close, Enfield, Greater London EN1 2BP2
£475K09/230.59 miFlat 6, Brooklands Court, Bush Hill, London, Greater London N21 2BZ2
£350K06/230.64 mi12, Calder Close, Enfield, Greater London EN1 3TS2
£375K05/210.69 mi41, St Andrews Road, Enfield, Greater London EN1 3UA2
£500K12/200.72 mi14, Riversfield Road, Enfield, Greater London EN1 3DJ2
£415K11/220.75 mi114a, Village Road, Enfield, Greater London EN1 2EX2
£290K08/210.76 mi126, Village Road, Enfield, Greater London EN1 2EX2
£420K06/210.86 mi30a, Little Park Gardens, Enfield, Greater London EN2 6PG2
£335K04/210.97 mi8a, Graeme Road, Enfield, Greater London EN1 3UX2
£300K04/210.97 mi87b, High Street, Enfield, Greater London EN3 4EE2
£348K12/220.98 mi110a, Baker Street, Enfield, Greater London EN1 3EZ2

Local Rents

50 rents from £1.4K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,50012/240.12 mi-2
£1,50003/250.12 mi-2
£1,90003/240.23 miBertram Road, Enfield2
£1,95003/240.24 miDowns Road, ENFIELD2
£1,55004/240.27 miQueen Annes Place, Enfield2
£2,00003/240.28 miPercival Road, Enfield, EN12
£1,85004/240.28 miPercival Road, Enfield, London EN12
£1,75004/240.28 mi-2
£2,20005/240.29 mi-2
£1,60003/240.29 mi-2
£1,60003/240.3 miLeighton Road, Enfield , EN12
£1,60002/240.3 mi-2
£1,75003/240.3 miWellington Road, ENFIELD2
£1,55003/240.33 miWoodfield Close, EN12
£1,55003/240.37 miWinchester Close, Enfield, EN12
£1,70005/240.38 mi-2
£2,06204/240.38 miVillage Road, Bush Hill Park, Enfield, EN12
£1,60003/250.39 mi-2
£1,61003/240.39 miTrinity Avenue, Enfield, Greater London, EN12
£1,40012/240.44 mi-2
£2,00002/240.45 mi-2
£1,65005/240.46 miBeresford Gardens, Enfield, EN12
£1,89512/240.46 mi-2
£1,89512/240.46 mi-2
£1,89512/240.46 mi-2
£1,89512/240.46 mi-2
£1,89501/250.46 mi-2
£1,80012/240.47 mi-2
£1,80005/240.47 miVillage Park Close, London, EN12
£1,80003/240.48 miVillage Park Close, Enfield, EN12
£1,60004/240.49 mi69 London Road, Enfield2
£1,50003/240.49 miSketty Road, Enfield, EN12
£1,50003/240.49 miSketty Road, Enfield, EN12
£1,40003/240.49 miSketty Road, Enfield, EN12
£1,40003/240.49 miSketty Road, Enfield, EN12
£1,75003/250.5 mi-2
£1,89505/240.51 mi-2
£1,89504/240.51 miSt. Stephens Court, Enfield, EN12
£1,80004/240.56 miLondon Road, London, EN22
£1,95003/250.58 mi-2
£1,80012/240.58 mi-2
£1,80002/240.58 mi-2
£1,80012/240.58 mi-2
£1,55012/240.58 mi-2
£1,75003/250.58 mi-2
£1,85002/250.58 mi-2
£2,10003/240.59 miSydney Road, Enfield Town, EN22
£1,75003/240.59 miTower Point, Sydney Road, EN22
£2,45004/240.59 miTower Point, 52 Sydney Road, Enfield, London, EN22
£1,60004/240.59 miTower Point, EN22

Local Area Statistics

Population in EN1

45,671

Population in Enfield

130,248

Town centre distance

1.24 miles away

Nearest school

0.20 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £300,000

November 8, 2024

Listed for £325,000

September 3, 2024

Floor Plans

Description

  • Two Bedroom Apartment +
  • First Floor +
  • Chain Free +
  • Allocated Parking +
  • Open Plan Living +
  • Walking Distance to Bush Hill Park & Enfield Town Overground Stations +
  • Within Catchment of Bush Hill Park & George Spicer Primary Schools +
  • Within Catchment of Enfield Grammar, Enfield County & Kingsmead Schools +
  • Walking Distance to Local Shops & Amenities inc. Sainsburys +

Havilands are pleased to offer For Sale on a CHAIN FREE basis, this TWO BEDROOM APARTMENT located within Karyatis Court, EN1. Nestled on a quiet road within Bush Hill Park, the apartment is situated on the FIRST FLOOR and is offered with a remaining lease of 101 years. Offering 847sqft of living space, the property is comprised of two double bedrooms, family bathroom and open plan kitchen/diner/lounge. The property also benefits from off-street parking.
The property is ideally located with both Enfield Town & Bush Hill Park Overground Stations within walking distance, offering direct rail links into central London (Liverpool St approx 30mins). The property is also well positioned for access to the A10 offering direct links to both the A406 & M25.
The property falls within the catchment area of sought after local schools including Bush Hill Park Primary & George Spicer Primary Schools as well as Enfield County, Enfield Grammar & Kingsmead Schools.
The property is also close to local shops and amenities with Sainsburys Local within easy reach and Enfield town centre with a wide array of shops, bars and restaurants is also within walking distance. A short drive from the property is Colosseum Retail Park housing a number of retail outlets. Viewing is highly recommended.

Leasehold Information:
Tenure: Leasehold
Lease Length: 125 Years from 01/01/2000
Lease Remaining: 101 Years
G/Rent: £150 per year
S/Charge: £5000 per year (approx)
Local Authority: Enfield Borough
Council Tax: Band
EPC Rating: Current 58(D); Potential 78(C)

Agent Details

Havilands, London

020 3906 1458

Next Steps?

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