2 Bed Flat, Single Let, Enfield, EN3 7WJ, £290,000

Enstone Road, Enfield, EN3 7WJ - 7 months ago

Leasehold
BTL
ROI: 5%
~64 m²
+10 photos

ValuationUndervalued

Sold Prices£135K - £341K
Sold Prices/m²£2.8K/m² - £7.3K/m²

 

 

Square Metres

~63.90 m²
Price/m²£4.5K/m²

Value Estimate

£316,077
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£17,700

Total Cash In

£90,200

 

 

Cash Out

 

Rent Range

£1,500 - £4,000

Rent Estimate

£1,600

Running Costs/mo

£1,246

Cashflow/mo

£354

Cashflow/yr

£4,245

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £135K to £341K, average is £273.3K. £2.8K/m² to £7.3K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£265K10/220.06 miFlat 18, Feldspar Court, Enstone Road, Enfield, Greater London EN3 7WR2
£285K11/220.23 mi51, Osborne Road, Enfield, Greater London EN3 7RW2
£255K05/210.39 mi7, Rossmore Close, Enfield, Greater London EN3 7EW2
£280K09/210.46 mi50, Westmoor Road, Enfield, Greater London EN3 7LF2
£292.5K05/210.51 mi68, Green Street, Enfield, Greater London EN3 7HP2
£290K10/220.56 mi79, Glenloch Road, Enfield, Greater London EN3 7HL2
£260K02/210.58 mi44, Glenloch Road, Enfield, Greater London EN3 7HN2
£185K08/230.58 mi42, Glenloch Road, Enfield, Greater London EN3 7HN2
£260K02/210.69 mi9, Cuba Drive, Enfield, Greater London EN3 5BB2
£257K06/230.81 mi55, Stainton Road, Enfield, Greater London EN3 5JP2
£135K11/220.81 mi46, Stainton Road, Enfield, Greater London EN3 5JS2
£275K03/210.86 mi20, Riley Road, Enfield, Greater London EN3 5QB2
£322K01/230.87 mi10, Bridge Close, Enfield, Greater London EN1 4LH2
£275K11/200.95 mi458, Hertford Road, Enfield, Greater London EN3 5QH2
£300K04/210.97 mi87b, High Street, Enfield, Greater London EN3 4EE2
£277K11/201.04 mi21, Kennedy Avenue, Enfield, Greater London EN3 4PA2
£280K09/211.13 mi49, Sandhurst Road, London, Greater London N9 8BA2
£315K06/211.13 mi99, Sandhurst Road, London, Greater London N9 8BA2
£280K10/231.13 mi57, Sandhurst Road, London, Greater London N9 8BA2
£274.5K06/211.15 mi84, Sandhurst Road, London, Greater London N9 8BJ2
£285K02/231.15 mi80, Sandhurst Road, London, Greater London N9 8BJ2
£277K03/211.15 mi70, Sandhurst Road, London, Greater London N9 8BJ2
£277K05/211.15 mi36, Sandhurst Road, London, Greater London N9 8BJ2
£285K07/231.2 mi9, Harston Drive, Enfield, Greater London EN3 6GG2
£285K01/211.21 mi167, Ordnance Road, Enfield, Greater London EN3 6AD2
£220K03/231.21 mi259, Maltby Drive, Enfield, Greater London EN1 4ES2
£245K10/211.21 mi34, Shepley Mews, Enfield, Greater London EN3 6JP2
£250K03/231.23 mi126b, Ordnance Road, Enfield, Greater London EN3 6BU2
£250K12/221.23 mi120b, Ordnance Road, Enfield, Greater London EN3 6BU2
£255K03/231.24 mi43a, Ordnance Road, Enfield, Greater London EN3 6UT2
£300K02/211.27 miFirst Floor Maisonette, 281, Great Cambridge Road, Enfield, Greater London EN1 1SQ2
£267.5K08/211.29 mi140, Maltby Drive, Enfield, Greater London EN1 4EW2
£285K08/231.3 mi20, Bridle Close, Enfield, Greater London EN3 6EA2
£236K03/211.3 mi21, Bridle Close, Enfield, Greater London EN3 6EA2
£227.5K12/201.3 mi60, Bridle Close, Enfield, Greater London EN3 6EB2
£270K02/211.3 mi65, Bridle Close, Enfield, Greater London EN3 6EB2
£235K02/231.31 mi64, Bridle Close, Enfield, Greater London EN3 6EB2
£234.5K03/211.31 mi42, Bridle Close, Enfield, Greater London EN3 6EA2
£234.5K03/211.31 mi42, Bridle Close, Enfield, Greater London EN3 6EA2
£226K02/211.31 mi30, Bridle Close, Enfield, Greater London EN3 6EA2
£315K10/211.34 mi23, Cobham Close, Enfield, Greater London EN1 3SD2
£300K06/211.34 mi91, Cobham Close, Enfield, Greater London EN1 3SD2
£272K02/211.34 mi29, Cobham Close, Enfield, Greater London EN1 3SD2
£340K07/231.35 mi235, Southbury Road, Enfield, Greater London EN1 1QZ2
£341K05/211.35 mi13a, Turkey Street, Enfield, Greater London EN3 5TT2
£275K03/211.37 mi1, Linwood Crescent, Enfield, Greater London EN1 4UP2
£272K04/211.37 mi107, Linwood Crescent, Enfield, Greater London EN1 4UP2
£220K01/231.4 mi36, Fisher Close, Enfield, Greater London EN3 6WQ2
£260K06/211.42 miFlat 7, Constable House, Ayley Croft, Enfield, Greater London EN1 1XX2
£137.5K12/201.42 mi14, Redwood Gardens, Chingford, London, Greater London E4 7NZ2

Local Rents

34 rents from £1.5K/mo to £4K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,60005/240.05 mi-2
£1,60005/240.05 mi-2
£1,70002/250.05 mi-2
£1,60005/240.05 miAnemone Court, Enfield, EN32
£1,70004/240.05 miAmethyst Court, Enstone Road, Enfield2
£1,85004/240.11 miAvondale Crescent, Enfield, EN32
£1,65003/250.25 mi-2
£1,70005/240.28 mi-2
£1,70003/240.3 mi-2
£1,85003/250.3 mi-2
£1,70003/240.3 miWaterlea House, Enfield, EN32
£1,65004/240.38 miRossmore Close, Enfield, EN32
£2,00003/250.41 mi-2
£1,90002/250.41 mi-2
£1,65004/240.43 miBowood Road, Enfield, EN32
£4,00005/240.43 mi-2
£1,52503/240.48 mi-2
£1,50003/240.49 miScotland Green Road North, Enfield, Middlesex, EN32
£1,92505/240.49 miDuck Lees Lane, Enfield2
£1,60004/240.5 miGreen Street2
£1,80005/240.51 mi-2
£1,85012/240.51 mi-2
£1,70002/250.52 mi-2
£1,80004/240.53 miNags Head Road, Enfield, EN32
£1,80005/240.53 mi-2
£2,20005/240.53 mi2 bed, Ground Floor Organdie at Quail Court in Elements2
£1,88005/240.53 mi1 bed, Fourth Floor Titanium at Quail Court in Elements2
£1,75003/250.55 mi-2
£2,00003/250.56 mi-2
£1,80005/240.56 mi-2
£1,65004/240.57 miDurants Road, Enfield, EN32
£1,65003/240.58 miGlenloch Road, Enfield, Middlesex, EN32
£1,82003/250.61 mi-2
£1,60004/240.61 miAddison Road, Enfield, EN32

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

2.79 miles away

Nearest school

0.20 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Price changed to £290,000

March 28, 2025

Listed for £300,000

September 11, 2024

Floor Plans

Description

Bright and spacious two bedroom apartment located 0.2mi from Brimsdown Station. Property comprises of two double bedrooms, one of them with En-Suite, family bathroom, spacious lounge and a compact kitchen. This flat is located within a walking distance to shops, schools such as Brimsdown Primary School (0.2mi), St Mary’s Catholic Primary School (0.5mi) and Kingfisher Hall Primary Academy (0.5mi).

Additional benefits include double glazing, electric heating, communal grounds and residents parking. Viewing is highly recommended!

Agent Details

Bairstow Eves, Enfield

020 3910 6380

Next Steps?

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