2 Bed Flat, Single Let, Enfield, EN2 8HS, £315,000

Crofton Way, Enfield, EN2 8HS - 6 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~64 m²
+11 photos

ValuationUndervalued

Sold Prices£241K - £565K
Sold Prices/m²£3.9K/m² - £6.7K/m²

 

 

Square Metres

~63.70 m²
Price/m²£4.9K/m²

Value Estimate

£360,437
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£78,750

Stamp Duty & Legal Fees

£20,200

Total Cash In

£98,950

 

 

Cash Out

 

Rent Range

£1,400 - £2,695

Rent Estimate

£1,406

Running Costs/mo

£1,286

Cashflow/mo

£120

Cashflow/yr

£1,445

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £241K to £565K, average is £322.3K. £3.9K/m² to £6.7K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£338K11/220 mi64, Crofton Way, Enfield, Greater London EN2 8HS2
£360K10/220 mi58, Crofton Way, Enfield, Greater London EN2 8HS2
£317.5K03/230.03 mi73, Crofton Way, Enfield, Greater London EN2 8HR2
£316K01/230.1 mi2, Woodridge Close, Enfield, Greater London EN2 8HJ2
£315K03/210.1 mi6, Woodridge Close, Enfield, Greater London EN2 8HJ2
£315K03/210.11 mi6, Woodridge Close, Enfield, Greater London EN2 8HJ2
£310K12/220.11 mi1, Woodridge Close, Enfield, Greater London EN2 8HJ2
£290K08/210.15 miFlat 73, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£250K03/210.15 miFlat 16, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£260K08/210.15 miFlat 50, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£280K01/230.15 miFlat 85, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£360K10/200.19 mi18, Chase Ridings, Enfield, Greater London EN2 7QF2
£395K12/200.19 mi22, Chase Ridings, Enfield, Greater London EN2 7QF2
£365K06/230.19 mi31, Chase Ridings, Enfield, Greater London EN2 7QF2
£360K06/230.23 mi10, Englefield Close, Enfield, Greater London EN2 7QD2
£320K04/210.26 mi9, Canford Close, Enfield, Greater London EN2 8QN2
£315K03/230.29 mi52, John Gooch Drive, Enfield, Greater London EN2 8HG2
£300K01/210.29 mi60, John Gooch Drive, Enfield, Greater London EN2 8HG2
£395K06/210.34 mi9, Mcadam Drive, Enfield, Greater London EN2 8PS2
£402K04/210.37 mi3, Shooters Road, Enfield, Greater London EN2 8RN2
£320K01/210.39 mi27a, The Ridgeway, Enfield, Greater London EN2 8PB2
£325K03/210.39 mi91, Chase Green Avenue, Enfield, Greater London EN2 8EN2
£412.5K07/230.43 mi11, Hermitage Close, Enfield, Greater London EN2 8EL2
£419.9K03/210.45 mi9, William Covell Close, Enfield, Greater London EN2 8HP2
£363K04/210.45 mi3, William Covell Close, Enfield, Greater London EN2 8HP2
£365K11/210.5 miFlat 24, Kingfisher Court, Mount View, Enfield, Greater London EN2 8LF2
£319K10/200.51 miFlat 14, Pinewood Court, Bycullah Road, Enfield, Greater London EN2 8EG2
£367K05/230.52 mi27, Monks Close, Enfield, Greater London EN2 8DZ2
£303K10/210.53 mi129, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£322.5K03/210.53 mi2, Roundhedge Way, Enfield, Greater London EN2 8LD2
£341K06/210.53 mi49, Roundhedge Way, Enfield, Greater London EN2 8LD2
£320K11/220.54 mi115, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£297K06/210.54 mi4, Kirkland Drive, Enfield, Greater London EN2 0RT2
£315K08/210.54 mi107, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£297.5K02/210.55 mi123, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£328K12/200.55 mi155, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£360K04/210.55 mi5d, Glebe Avenue, Enfield, Greater London EN2 8NZ2
£364K09/210.56 mi27b, Chase Green Avenue, Enfield, Greater London EN2 8EA2
£345K11/200.56 mi4, Millers Green Close, Enfield, Greater London EN2 7BD2
£315K10/200.57 mi17b, Links Side, Enfield, Greater London EN2 7QT2
£340K11/220.57 mi19, Links Side, Enfield, Greater London EN2 7QT2
£347.5K02/230.63 mi13, West Bank, Enfield, Greater London EN2 8DU2
£322K04/210.65 mi96a, Gordon Hill, Enfield, Greater London EN2 0QS2
£257K01/230.65 mi67b, Windmill Hill, Enfield, Greater London EN2 7AF2
£241K11/220.65 mi38, Blossom Lane, Enfield, Greater London EN2 0TQ2
£420K04/230.66 mi29, Florence Drive, Enfield, Greater London EN2 8DG2
£290K10/200.69 mi26, Holtwhite Avenue, Enfield, Greater London EN2 0RS2
£565K12/200.7 miFlat 2, Mountford House, Crescent Road, Enfield, Greater London EN2 7BL2
£500K06/230.74 miFlat 13, Claremont Heights, Crescent Road, Enfield, Greater London EN2 7RY2
£295K03/230.74 mi48, Waverley Road, Enfield, Greater London EN2 7AQ2

Local Rents

50 rents from £1.4K/mo to £2.7K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,40009/230.08 mi-2
£1,85001/250.09 mi-2
£1,71203/240.15 miThe Grove, Enfield EN22
£1,79804/240.19 miUplands Park Road, Enfield EN22
£1,70004/240.23 mi-2
£1,75006/240.23 mi-2
£1,75004/240.23 miLavender Hill, Enfield, EN22
£1,65004/240.25 miThe Ridgeway, Enfield, EN22
£1,65004/240.25 miThe Ridgeway, Enfield, EN22
£1,70003/240.27 miThe Glade, Enfield2
£2,50004/240.27 miBergamot House, Rowantree Road, Enfield2
£2,50004/240.27 miBergamot House, Rowantree Road, Enfield2
£2,69503/240.28 miBergamot House, Enfield2
£2,69503/240.28 miBergamot House, 52 Rowantree Road, Enfield, EN22
£2,69503/240.28 miBergamot House, 52 Rowantree Road, Enfield, EN22
£1,40003/240.31 miChasewood Avenue, Enfield, EN22
£1,65004/240.35 miThe Ridgeway, London, EN22
£1,65002/240.37 mi-2
£1,80006/240.37 mi-2
£2,55003/240.42 mi-2
£2,55003/240.42 miHadley Road, Enfield, EN22
£1,75003/240.43 miSlades Hill, ENFIELD2
£1,80004/240.44 miBycullah Road, Enfield, EN22
£1,70004/240.44 mi10-12 The Ridgeway, Enfield2
£1,85002/250.45 mi-2
£1,67504/240.47 miThe Ridgeway, Enfield, Middlesex, EN22
£1,74503/240.48 miMonks Road, Winchmore Hill2
£2,00004/240.49 miMonks Road, Enfield, EN22
£1,75003/240.49 miMonks Road, EN22
£2,09703/240.5 miMonks Road, Enfield, EN22
£1,42503/240.5 mi-2
£1,89008/230.5 mi-2
£1,60002/240.52 mi-2
£1,99510/240.53 mi-2
£1,77510/240.53 mi-2
£1,75004/240.53 miRoundhedge Way, ENFIELD2
£1,85003/250.54 mi-2
£1,40004/240.55 miKirkland Drive2
£1,70005/240.55 miKirkland Drive, ENFIELD2
£1,70005/240.55 miKirkland Drive, Enfield2
£1,75005/240.56 mi-2
£1,75005/240.56 miKirkland Drive, Enfield, EN22
£1,85003/240.56 miChesham Court, Gordon Hill, Enfield2
£2,65011/230.56 mi-2
£1,75004/240.56 miMillers Green Close, ENFIELD2
£1,70003/240.57 miHelen Clare Court, Enfield, EN22
£1,80004/240.57 miBycullah Road, ENFIELD2
£1,79504/240.57 miBycullah Court, Enfield2
£1,55002/240.57 mi-2
£1,57512/230.58 mi-2

Local Area Statistics

Population in EN2

29,471

Population in Enfield

130,248

Town centre distance

0.86 miles away

Nearest school

0.40 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £315,000

February 24, 2025

Listed for £325,000

October 4, 2024

Floor Plans

Description

BEAUTIFULLY PRESENTED Two-Bedroom first floor apartment located in a Quiet Cul-De-Sac. This charming property comprises of two double bedrooms with Juliette balconies, large reception room overlooking greenery and offering complete privacy, modern kitchen and well-proportioned bathroom. This property also comes with a garage.

Building is surrounded by acres of greenbelt and just off The Ridgeway offering good access to Enfield Town(0.4miles), Enfield Chase(0.7 miles), and Gordon Hill (04miles) Stations within a walkable distance. Oakwood London Underground Station is a short bus ride away. There are few good schools nearby such as Wren Academy Enfield (0.4miles) One Degree Academy (0.4 miles) and Merryhills Primary School (0.7miles)
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 💪