2 Bed Flat, Single Let, Enfield, EN2 7AU, £350,000

Windmill Hill, Enfield, EN2 7AU - 6 views - 6 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+15 photos

ValuationUndervalued

Sold Prices£112K - £665K
Sold Prices/m²£4.4K/m² - £6.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£388,358
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,550 - £2,500

Rent Estimate

£1,588

Running Costs/mo

£1,431

Cashflow/mo

£157

Cashflow/yr

£1,880

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £112K to £665K, average is £334K. £4.4K/m² to £6.5K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£257K01/230.03 mi67b, Windmill Hill, Enfield, Greater London EN2 7AF2
£285K03/210.13 mi53, Gladbeck Way, Enfield, Greater London EN2 7EL2
£360K04/210.13 mi5d, Glebe Avenue, Enfield, Greater London EN2 8NZ2
£295K03/230.15 mi48, Waverley Road, Enfield, Greater London EN2 7AQ2
£340K12/200.16 mi46, Waverley Road, Enfield, Greater London EN2 7AQ2
£420K04/230.17 mi29, Florence Drive, Enfield, Greater London EN2 8DG2
£319K10/200.17 miFlat 14, Pinewood Court, Bycullah Road, Enfield, Greater London EN2 8EG2
£565K12/200.17 miFlat 2, Mountford House, Crescent Road, Enfield, Greater London EN2 7BL2
£412.5K01/210.19 mi4, Windmill Hill, Enfield, Greater London EN2 6SA2
£500K06/230.19 miFlat 13, Claremont Heights, Crescent Road, Enfield, Greater London EN2 7RY2
£665K06/210.22 mi31, The Coppice, Enfield, Greater London EN2 7BX2
£347.5K02/230.23 mi13, West Bank, Enfield, Greater London EN2 8DU2
£345K11/200.23 mi4, Millers Green Close, Enfield, Greater London EN2 7BD2
£305K03/210.23 mi175, Gladbeck Way, Enfield, Greater London EN2 7EW2
£364K09/210.27 mi27b, Chase Green Avenue, Enfield, Greater London EN2 8EA2
£412.5K07/230.29 mi11, Hermitage Close, Enfield, Greater London EN2 8EL2
£320K01/210.29 mi27a, The Ridgeway, Enfield, Greater London EN2 8PB2
£367K05/230.31 mi27, Monks Close, Enfield, Greater London EN2 8DZ2
£420K06/210.33 mi30a, Little Park Gardens, Enfield, Greater London EN2 6PG2
£325K03/210.35 mi91, Chase Green Avenue, Enfield, Greater London EN2 8EN2
£520K05/210.36 mi75a, Chase Side, Enfield, Greater London EN2 6NL2
£320K04/210.41 mi9, Canford Close, Enfield, Greater London EN2 8QN2
£395K06/210.46 mi9, Mcadam Drive, Enfield, Greater London EN2 8PS2
£112K01/230.51 mi70, Parsonage Lane, Enfield, Greater London EN2 0AH2
£290K10/200.52 mi26, Holtwhite Avenue, Enfield, Greater London EN2 0RS2
£290K08/210.53 miFlat 73, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£250K03/210.53 miFlat 16, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£260K08/210.53 miFlat 50, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£280K01/230.53 miFlat 85, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£297K06/210.53 mi4, Kirkland Drive, Enfield, Greater London EN2 0RT2
£360K06/230.54 mi10, Englefield Close, Enfield, Greater London EN2 7QD2
£360K10/200.57 mi18, Chase Ridings, Enfield, Greater London EN2 7QF2
£395K12/200.57 mi22, Chase Ridings, Enfield, Greater London EN2 7QF2
£365K06/230.57 mi31, Chase Ridings, Enfield, Greater London EN2 7QF2
£297.5K02/210.58 mi123, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£328K12/200.58 mi155, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£375K05/210.58 mi41, St Andrews Road, Enfield, Greater London EN1 3UA2
£315K03/230.61 mi52, John Gooch Drive, Enfield, Greater London EN2 8HG2
£300K01/210.61 mi60, John Gooch Drive, Enfield, Greater London EN2 8HG2
£315K08/210.61 mi107, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£320K11/220.61 mi115, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£315K10/200.61 mi17b, Links Side, Enfield, Greater London EN2 7QT2
£340K11/220.61 mi19, Links Side, Enfield, Greater London EN2 7QT2
£303K10/210.62 mi129, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£350K10/220.62 miFlat 20, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY2
£365K03/230.62 miFlat 27, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY2
£348K12/220.63 mi110a, Baker Street, Enfield, Greater London EN1 3EZ2
£352.5K11/220.63 miFlat 14, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY2
£322K04/210.65 mi96a, Gordon Hill, Enfield, Greater London EN2 0QS2
£317.5K03/230.66 mi73, Crofton Way, Enfield, Greater London EN2 8HR2

Local Rents

50 rents from £1.6K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,60003/240.02 miWindmill Hill, Enfield2
£1,70004/240.03 miWindmill Hill, EN22
£2,00003/250.03 mi-2
£2,00003/250.03 mi-2
£1,60005/240.04 miWindmill Hill, Enfield2
£1,65004/240.09 miBycullah Road, ENFIELD2
£1,80004/240.11 miBycullah Road, ENFIELD2
£1,79504/240.11 miBycullah Court, Enfield2
£1,79504/240.13 miGladbeck Way, Enfield2
£1,70003/240.15 mi-2
£1,65005/240.15 miWaverley Road, Enfield2
£1,60005/240.15 miWaverley Road, Enfield2
£1,60005/240.15 miWaverley Road, Enfield2
£1,70003/240.16 miHelen Clare Court, Enfield, EN22
£1,70004/240.16 mi-2
£1,70004/240.16 mi-2
£1,90004/240.16 miSaphire Court, Enfield, EN22
£1,57512/230.18 mi-2
£1,85002/240.19 mi-2
£1,85003/240.19 miFlorence Drive, Enfield, EN22
£1,67504/240.22 miThe Ridgeway, Enfield, Middlesex, EN22
£1,75004/240.23 miMillers Green Close, ENFIELD2
£1,70004/240.24 mi10-12 The Ridgeway, Enfield2
£1,75003/240.3 miSlades Hill, ENFIELD2
£1,85002/250.31 mi-2
£1,65004/240.33 miThe Ridgeway, London, EN22
£1,80004/240.36 miBycullah Road, Enfield, EN22
£1,90002/250.41 mi-2
£1,55004/240.42 miTrinity Street, Enfield, Middlesex, EN22
£1,89804/240.42 miBurleigh Way, Enfield, EN22
£2,00004/240.43 mi-2
£2,00003/240.43 miBurleigh Way, Enfield, EN22
£2,00004/240.43 miBurleigh Way, Enfield2
£1,90005/240.43 miBurleigh Way, Enfield, EN22
£2,00004/240.43 miBurleigh Way, Enfield2
£1,90004/240.43 miBurleigh Way, Enfield, EN22
£1,65004/240.43 miThe Ridgeway, Enfield, EN22
£1,65004/240.43 miThe Ridgeway, Enfield, EN22
£1,80003/250.44 mi-2
£2,00004/240.44 mi-2
£1,65004/240.44 miChurch Street, Enfield Town EN22
£1,74503/240.47 miMonks Road, Winchmore Hill2
£2,00004/240.47 miMonks Road, Enfield, EN22
£1,75003/240.47 miMonks Road, EN22
£2,09703/240.48 miMonks Road, Enfield, EN22
£1,55002/240.48 mi-2
£1,79804/240.49 miUplands Park Road, Enfield EN22
£1,70003/240.51 miThe Glade, Enfield2
£2,50004/240.52 miBergamot House, Rowantree Road, Enfield2
£2,50004/240.52 miBergamot House, Rowantree Road, Enfield2

Local Area Statistics

Population in EN2

29,471

Population in Enfield

130,248

Town centre distance

0.37 miles away

Nearest school

0.40 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £350,000

October 2, 2024

Floor Plans

Description

Spacious two-bedroom ground floor purpose-built apartment located on Windmill Hill, minutes from Enfield Chase rail station.
The property has been recently refurbished throughout and offers bright and airy living accommodation. Benefits include fitted modern integrated kitchen, front facing reception room, two double bedrooms and modern bathroom suite, communal gardens which can be found to the rear with access direct from kitchen, non-allocated resident parking and long lease.
Located conveniently for Enfield Chase rail station ( Moorgate), Little Waitrose and Enfield’s array of shopping, restaurants, and green spaces all within close proximity.
The flat would make for a fantastic first-time purchase or buy to let investment and is offered as chain free.

Agent Details

Anthony Pepe Estate Agents, Enfield

020 8129 6052

Next Steps?

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