4 Bed Terraced House, Planning Permission, Enfield, EN3 7AR, £850,000

Nags Head Road, Enfield, EN3 7AR - 7 months ago

Planning
~129 m²
+25 photos

ValuationOvervalued

Sold Prices£400K - £650K
Sold Prices/m²£2.8K/m² - £6.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£6.6K/m²

Value Estimate

£548,650

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£212,500

Stamp Duty & Legal Fees

£56,700

Total Cash In

£269,200

 

 

Cash Out

 

Rent Range

£1,950 - £5,500

Rent Estimate

£1,976

Running Costs/mo

£3,071

Cashflow/mo

£-1,095

Cashflow/yr

£-13,145

Gross Yield

3%

Local Sold Prices

29 sold prices from £400K to £650K, average is £500K. £2.8K/m² to £6.6K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£465K05/210.25 mi23, Brookfields, Enfield, Greater London EN3 7EG4
£535K06/210.28 mi49, Scotland Green Road, Enfield, Greater London EN3 4RE4
£535K06/210.28 mi49, Scotland Green Road, Enfield, Greater London EN3 4RE4
£475K12/200.37 mi23, Allens Road, Enfield, Greater London EN3 4PN4
£435K01/210.42 mi2, Orchard Road, Enfield, Greater London EN3 4PH4
£507.5K10/220.43 mi39, Ambleside Crescent, Enfield, Greater London EN3 7LY4
£485K01/210.47 mi7, Huntsmead, Enfield, Greater London EN3 7LX4
£650K07/220.48 mi16, Hunts Mead, Enfield, Greater London EN3 7LX4
£480K08/210.5 mi62, Broadlands Avenue, Enfield, Greater London EN3 5AQ4
£420K03/230.56 mi248, Green Street, Enfield, Greater London EN3 7NB4
£520K03/210.59 mi40, Southfield Road, Enfield, Greater London EN3 4BY4
£530K06/230.59 mi11, Goldsdown Road, Enfield, Greater London EN3 7QY4
£415K06/210.6 mi36, Oxford Road, Enfield, Greater London EN3 4BA4
£525K04/230.63 mi16, Goldsdown Close, Enfield, Greater London EN3 7RR4
£470K02/210.65 mi78, Lincoln Way, Enfield, Greater London EN1 1TD4
£492.5K12/200.66 mi25, Swan Way, Enfield, Greater London EN3 7HY4
£520K10/230.68 mi8, Nightingale Road, London, Greater London N9 8AL4
£430K03/210.73 mi61, Westmoor Road, Enfield, Greater London EN3 7LF4
£550K01/210.78 mi51, Hammond Road, Enfield, Greater London EN1 3PD4
£485K04/210.82 mi111, Carterhatch Road, Enfield, Greater London EN3 5LX4
£500K12/200.82 mi171, Carterhatch Road, Enfield, Greater London EN3 5EB4
£530K03/210.82 mi18, Woodpecker Close, London, Greater London N9 7ND4
£610K09/210.85 mi176, Carterhatch Road, Enfield, Greater London EN3 5LY4
£465K03/210.88 mi21, Southbury Avenue, Enfield, Greater London EN1 1RH4
£400K06/210.95 mi20, Mansfield Close, London, Greater London N9 7LU4
£530K06/210.97 mi117, Clive Road, Enfield, Greater London EN1 1RD4
£570K02/210.97 mi98, Leighton Road, Enfield, Greater London EN1 1XW4
£449K04/240.97 mi176, Nightingale Road, London, Greater London N9 8PT4
£520K10/220.99 mi44, King Edwards Road, London, Greater London N9 7RP4

Local Rents

39 rents from £1.9K/mo to £5.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,25004/240.06 miNags Head Road, Enfield, Middlesex, EN33
£2,40004/250.06 mi-4
£2,50003/240.06 mi-4
£2,50003/240.06 mi-4
£5,50004/250.08 mi-5
£1,98004/240.09 mi-3
£2,40003/250.11 mi-3
£3,50003/240.12 miDurants Road, Enfield4
£2,15004/250.16 mi-3
£2,25003/240.18 mi-3
£2,30005/240.23 miKing Edwards Road, EN33
£2,30004/250.23 mi-3
£2,20005/240.23 miKing Edward's Road, EN33
£2,50003/240.27 miHigh Street, Enfield, EN34
£2,10004/250.27 mi-3
£2,49503/240.28 miHigh Street, Ponders End4
£2,30004/240.28 miKing Edwards Road, Enfield3
£2,30004/240.28 miKing Edwards Road, Enfield3
£2,65005/240.32 miBeryl Street, Greater London, EN34
£2,20004/240.38 miTenby Road, Enfield, Middlesex, EN33
£1,95003/240.39 miSutherland Road Enfield3
£2,60004/250.4 mi-4
£2,65004/240.4 miDuck Lees Lane, Enfield EN34
£3,80012/240.44 mi-4
£2,60005/240.45 miLincoln road, EN34
£2,90004/250.46 mi-4
£2,80003/250.47 mi-4
£2,55005/240.5 mi-4
£2,55004/240.5 miKingsway, Enfield, EN34
£2,70001/250.53 mi-3
£2,70003/250.53 mi-3
£2,90003/250.53 mi-3
£3,10003/250.54 mi-3
£2,50003/240.57 mi-4
£2,64504/240.61 miSouthfield Road, Enfield, EN34
£2,60004/240.61 mi-4
£2,50004/250.61 mi-4
£2,30004/250.61 mi-3
£2,80002/250.62 mi-3

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

2.41 miles away

Nearest school

0.10 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £850,000

September 18, 2024

Sold for £505,000

2021

Floor Plans

Description

  • Planning granted for 4 flats 21/03864/ful +
  • Additional Development opportunity Subject to planning +
  • Plans already drawn up for a 2 bedroom house +
  • Access from Nags Head and also Durants Road +
  • Three double bedrooms +
  • Good Size Rear Garden +
  • Conservatory +
  • Garage +
  • 4 Bedroom Family Home +
  • Outbuildings on the land +

*potential to extend* This 4 bedroom end of terrace house dates back to the late 1800's and in its original build of a three storey property. Sitting on a large plot on the road boasting a very impressive 150' rear garden and the added benefit of 12' of room to side housing a double garage offering the potential for further development (subject to usual planning permission by local authority).

The accommodation comprises of two interconnecting reception rooms with access to the rear garden, a further third reception room with side bay window and offering access to the fitted kitchen. Leading off this to the rear is a conservatory/utility room with WC leading off and further exit route to the garden.

The first floor has an impressive master bedroom with fitted wardrobes, two further well-proportioned double bedrooms, a spacious family bathroom and ample built in storage in the landing space.

On the second floor is a purpose built spacious double bedroom with fitted wardrobes and small dormer window to rear and eaves storage, this room could be made larger with a full width dormer and benefit from the installation of front skylight windows.

The rear garden is fabulous with the side double garage measuring 20' x 12' and then a large side patio area with side pedestrian gate, a large lawn area, and to the rear a further patio with pond and two large outbuildings/workshops with power and light.

The property has been re-wired, re-pointed and re-roofed and the frontage is paved for off road parking.

Agent Details

Tower Estates, Palmers Green

020 4572 0686

Next Steps?

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