2 Bed Flat, Single Let, Enfield, EN2 7AQ, £335,000

Waverley Road, Enfield, EN2 7AQ - 3 views - 6 months ago

Leasehold
BTL
ROI: 3%
~58 m²
+5 photos

ValuationFair Value

Sold Prices£112K - £665K
Sold Prices/m²£2.6K/m² - £6.5K/m²

 

 

Square Metres

~58.10 m²
Price/m²£5.8K/m²

Value Estimate

£334,656

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£83,750

Stamp Duty & Legal Fees

£15,500

Total Cash In

£99,250

 

 

Cash Out

 

Rent Range

£1,500 - £2,450

Rent Estimate

£1,594

Running Costs/mo

£1,386

Cashflow/mo

£208

Cashflow/yr

£2,500

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £112K to £665K, average is £340K. £2.6K/m² to £6.5K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£295K03/230 mi48, Waverley Road, Enfield, Greater London EN2 7AQ2
£340K12/200.01 mi46, Waverley Road, Enfield, Greater London EN2 7AQ2
£500K06/230.04 miFlat 13, Claremont Heights, Crescent Road, Enfield, Greater London EN2 7RY2
£565K12/200.05 miFlat 2, Mountford House, Crescent Road, Enfield, Greater London EN2 7BL2
£665K06/210.06 mi31, The Coppice, Enfield, Greater London EN2 7BX2
£285K03/210.08 mi53, Gladbeck Way, Enfield, Greater London EN2 7EL2
£305K03/210.1 mi175, Gladbeck Way, Enfield, Greater London EN2 7EW2
£257K01/230.17 mi67b, Windmill Hill, Enfield, Greater London EN2 7AF2
£345K11/200.19 mi4, Millers Green Close, Enfield, Greater London EN2 7BD2
£360K04/210.2 mi5d, Glebe Avenue, Enfield, Greater London EN2 8NZ2
£319K10/200.29 miFlat 14, Pinewood Court, Bycullah Road, Enfield, Greater London EN2 8EG2
£412.5K01/210.29 mi4, Windmill Hill, Enfield, Greater London EN2 6SA2
£420K04/230.32 mi29, Florence Drive, Enfield, Greater London EN2 8DG2
£320K01/210.36 mi27a, The Ridgeway, Enfield, Greater London EN2 8PB2
£347.5K02/230.38 mi13, West Bank, Enfield, Greater London EN2 8DU2
£412.5K07/230.41 mi11, Hermitage Close, Enfield, Greater London EN2 8EL2
£420K06/210.41 mi30a, Little Park Gardens, Enfield, Greater London EN2 6PG2
£364K09/210.42 mi27b, Chase Green Avenue, Enfield, Greater London EN2 8EA2
£367K05/230.45 mi27, Monks Close, Enfield, Greater London EN2 8DZ2
£325K03/210.47 mi91, Chase Green Avenue, Enfield, Greater London EN2 8EN2
£320K04/210.48 mi9, Canford Close, Enfield, Greater London EN2 8QN2
£520K05/210.51 mi75a, Chase Side, Enfield, Greater London EN2 6NL2
£315K10/200.54 mi17b, Links Side, Enfield, Greater London EN2 7QT2
£340K11/220.54 mi19, Links Side, Enfield, Greater London EN2 7QT2
£360K06/230.56 mi10, Englefield Close, Enfield, Greater London EN2 7QD2
£395K06/210.58 mi9, Mcadam Drive, Enfield, Greater London EN2 8PS2
£150K09/230.59 mi29, Homewillow Close, London, Greater London N21 2HJ2
£290K06/230.59 mi35, Homewillow Close, London, Greater London N21 2HJ2
£290K08/210.6 miFlat 73, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£360K10/200.6 mi18, Chase Ridings, Enfield, Greater London EN2 7QF2
£395K12/200.6 mi22, Chase Ridings, Enfield, Greater London EN2 7QF2
£365K06/230.6 mi31, Chase Ridings, Enfield, Greater London EN2 7QF2
£250K03/210.61 miFlat 16, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£260K08/210.61 miFlat 50, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£280K01/230.61 miFlat 85, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£375K11/200.64 mi28a, Vera Avenue, London, Greater London N21 1RA2
£355K03/230.65 mi26, Vera Avenue, London, Greater London N21 1RA2
£375K11/200.65 mi28a, Vera Avenue, London, Greater London N21 1RA2
£172K04/210.66 mi37, The Grangeway, London, Greater London N21 2HD2
£340K01/210.66 mi51, The Grangeway, London, Greater London N21 2HD2
£295K09/230.66 mi25b, The Grangeway, London, Greater London N21 2HD2
£112K01/230.66 mi70, Parsonage Lane, Enfield, Greater London EN2 0AH2
£375K05/210.66 mi41, St Andrews Road, Enfield, Greater London EN1 3UA2
£297K06/210.68 mi4, Kirkland Drive, Enfield, Greater London EN2 0RT2
£290K10/200.68 mi26, Holtwhite Avenue, Enfield, Greater London EN2 0RS2
£360K11/220.7 mi105, Uvedale Road, Enfield, Greater London EN2 6HD2
£317.5K03/230.71 mi73, Crofton Way, Enfield, Greater London EN2 8HR2
£315K03/230.72 mi52, John Gooch Drive, Enfield, Greater London EN2 8HG2
£300K01/210.72 mi60, John Gooch Drive, Enfield, Greater London EN2 8HG2
£415K11/200.73 mi30, Merridene, London, Greater London N21 1RD2

Local Rents

50 rents from £1.5K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,65005/240 miWaverley Road, Enfield2
£1,60005/240 miWaverley Road, Enfield2
£1,60005/240 miWaverley Road, Enfield2
£1,79504/240.08 miGladbeck Way, Enfield2
£1,70004/240.08 mi-2
£1,70004/240.08 mi-2
£1,57512/230.16 mi-2
£1,70004/240.17 miWindmill Hill, EN22
£1,70003/240.17 miHelen Clare Court, Enfield, EN22
£1,60003/240.17 miWindmill Hill, Enfield2
£2,00003/250.18 mi-2
£1,60005/240.19 miWindmill Hill, Enfield2
£1,75004/240.19 miMillers Green Close, ENFIELD2
£1,65004/240.21 miBycullah Road, ENFIELD2
£1,80004/240.23 miBycullah Road, ENFIELD2
£1,79504/240.23 miBycullah Court, Enfield2
£1,90004/240.27 miSaphire Court, Enfield, EN22
£1,67504/240.28 miThe Ridgeway, Enfield, Middlesex, EN22
£1,70004/240.3 mi10-12 The Ridgeway, Enfield2
£1,70003/240.31 mi-2
£1,75003/240.32 miSlades Hill, ENFIELD2
£1,85002/240.34 mi-2
£1,85003/240.34 miFlorence Drive, Enfield, EN22
£1,65004/240.4 miThe Ridgeway, London, EN22
£1,85002/250.44 mi-2
£1,80003/250.46 mi-2
£2,00004/240.46 mi-2
£1,90002/250.47 mi-2
£2,00004/240.49 mi-2
£2,00003/240.49 miBurleigh Way, Enfield, EN22
£2,00004/240.49 miBurleigh Way, Enfield2
£1,90005/240.49 miBurleigh Way, Enfield, EN22
£1,89804/240.49 miBurleigh Way, Enfield, EN22
£1,80004/240.49 miBycullah Road, Enfield, EN22
£1,65004/240.5 miChurch Street, Enfield Town EN22
£2,00004/240.5 miBurleigh Way, Enfield2
£1,90004/240.5 miBurleigh Way, Enfield, EN22
£1,65004/240.52 miThe Ridgeway, Enfield, EN22
£1,65004/240.52 miThe Ridgeway, Enfield, EN22
£1,70003/240.53 miThe Glade, Enfield2
£1,79804/240.56 miUplands Park Road, Enfield EN22
£1,82503/240.56 miRedwood House, Enfield, EN22
£1,55004/240.57 miTrinity Street, Enfield, Middlesex, EN22
£1,75003/250.59 mi-2
£1,71203/240.59 miThe Grove, Enfield EN22
£1,75003/240.6 miSydney Road, London, EN22
£1,50003/250.6 mi-2
£2,10003/240.6 miSydney Road, Enfield Town, EN22
£1,75003/240.6 miTower Point, Sydney Road, EN22
£2,45004/240.6 miTower Point, 52 Sydney Road, Enfield, London, EN22

Local Area Statistics

Population in EN2

29,471

Population in Enfield

130,248

Town centre distance

0.22 miles away

Nearest school

0.50 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £335,000

October 2, 2024

Floor Plans

Description

  • Two Double Bedrooms +

  • Chain Free +

  • Allocated Parking Space To Rear +

  • Spacious Lounge +

  • Gas Central Heating +

  • Double Glazing +

  • Ground Floor +

SUMMARY
Rarely available ground floor, two bedroom apartment situated in this quiet residential turning, just minutes from local shops including 'The Little Waitrose', restaurants and pubs and Enfield Chase Rail Station and within easy access of Enfield Town, the A10, M25 and countryside. Chain free.

DESCRIPTION
A rarely available ground floor, two bedroom apartment situated in this quiet residential turning, just minutes from local shops including 'The Little Waitrose', restaurants and pubs and Enfield Chase Rail Station and within easy access of Enfield Town with its multiple shopping facilities, the A10 and M25 Motorway with greenbelt countryside.

The spacious and modern ground floor apartment is offered on a chain free basis and has many pleasing features.

Entrance Hall 
Fitted carpet, sunken mat, door entryphone system, radiator, storage cupboard, cupboard housing wall mounted central heating boiler.

Lounge 15' 1" max x 13' 6" max ( 4.60m max x 4.11m max )
Two double radiators, fitted carpet, coving to ceiling, arch open to kitchen.

Kitchen 8' 11" x 7' 3" ( 2.72m x 2.21m )
Fitted in a range of white base and wall units and cupboards with single bowl composite sink and drainer inset to worksurface with tiled splashback, plumbing for washing machine, integrated electric oven and grill, gas hob with extractor fan over, vinyl tiled floor, integrated fridge-freezer.

Bedroom One 12' 11" max x 8' 8" max ( 3.94m max x 2.64m max )
Fitted carpet, radiator, double built-in wardrobe cupboard with mirrored sliding doors.

Bedroom Two 10' 5" max x 9' 3" max ( 3.17m max x 2.82m max )
Fitted carpet, radiator, double built-in wardrobe cupboard with mirrored sliding doors.

Bathroom 
Low flush WC, pedestal basin, panelled bath with mixer tap, shower attachment, glass shower cubicle, extractor fan, fully tiled walls, fitted carpet, radiator.

Outside 
Pleasant communal gardens surround the block to front and rear with hedging and lawns. Allocated parking space in Vermont Close to rear.

Agents Note 
We are advised that the Freeholder also retains a Share of Freehold for the property. We ask that you make enquiries with your conveyancer.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnfields Estate Agents, Enfield

020 3907 2775

Next Steps?

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