2 Bed Flat, Single Let, Enfield, EN1 3HA, £300,000

Baker Street, London, EN1 3HA - 6 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£112K - £520K
Sold Prices/m²£4.5K/m² - £8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£372,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,400 - £2,250

Rent Estimate

£1,400

Running Costs/mo

£1,238

Cashflow/mo

£163

Cashflow/yr

£1,950

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £112K to £520K, average is £338K. £4.5K/m² to £8K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£348K12/220.07 mi110a, Baker Street, Enfield, Greater London EN1 3EZ2
£335K04/210.13 mi8a, Graeme Road, Enfield, Greater London EN1 3UX2
£365K03/230.14 miFlat 27, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY2
£352.5K11/220.14 miFlat 14, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY2
£350K10/220.15 miFlat 20, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY2
£341K04/210.2 mi116, Gordon Road, Enfield, Greater London EN2 0QB2
£341K04/210.2 mi116, Gordon Road, Enfield, Greater London EN2 0QB2
£300K04/210.2 mi171, Gordon Road, Enfield, Greater London EN2 0QB2
£307.5K04/210.22 mi52, Pevensey Avenue, Enfield, Greater London EN1 3HT2
£295K06/210.24 mi11, Weston Road, Enfield, Greater London EN2 0QD2
£320K12/200.24 mi2, Weston Road, Enfield, Greater London EN2 0QD2
£297K03/210.24 mi13, Weston Road, Enfield, Greater London EN2 0QD2
£112K01/230.25 mi70, Parsonage Lane, Enfield, Greater London EN2 0AH2
£375K05/210.26 mi41, St Andrews Road, Enfield, Greater London EN1 3UA2
£500K12/200.27 mi14, Riversfield Road, Enfield, Greater London EN1 3DJ2
£350K06/230.28 mi12, Calder Close, Enfield, Greater London EN1 3TS2
£520K05/210.33 mi75a, Chase Side, Enfield, Greater London EN2 6NL2
£420K06/210.38 mi30a, Little Park Gardens, Enfield, Greater London EN2 6PG2
£350K04/210.4 miFlat 12, John Keats Lodge, Chase Side Crescent, Enfield, Greater London EN2 0JZ2
£315K10/200.42 mi14b, Ladysmith Road, Enfield, Greater London EN1 3AA2
£295K12/200.42 mi2a, Eaton Road, Enfield, Greater London EN1 1NA2
£315K03/210.42 miFlat 7, Whitakers Lodge, Gater Drive, Enfield, Greater London EN2 0JP2
£290K10/200.43 mi26, Holtwhite Avenue, Enfield, Greater London EN2 0RS2
£385K02/210.43 mi66, Drake Street, Enfield, Greater London EN2 0LQ2
£300K02/210.43 miUpper Flat, 18, Drake Street, Enfield, Greater London EN2 0LQ2
£345K09/210.44 miFlat 32, Whitakers Lodge, Gater Drive, Enfield, Greater London EN2 0JP2
£272.5K04/210.44 mi14, Lea Road, Enfield, Greater London EN2 0LA2
£412.5K01/210.45 mi4, Windmill Hill, Enfield, Greater London EN2 6SA2
£315K10/220.46 mi45, Eaton Road, Enfield, Greater London EN1 1NJ2
£276K07/230.46 mi95, Beresford Gardens, Enfield, Greater London EN1 1NP2
£305K05/210.47 mi61, Eaton Road, Enfield, Greater London EN1 1NJ2
£347.5K02/230.48 mi13, West Bank, Enfield, Greater London EN2 8DU2
£285K10/200.49 mi25, Laurel Bank Road, Enfield, Greater London EN2 0JE2
£420K04/230.49 mi29, Florence Drive, Enfield, Greater London EN2 8DG2
£325K01/230.5 mi15, Stanley Road, Enfield, Greater London EN1 1NG2
£350K04/210.51 mi49a, Chalkwell Park Avenue, Enfield, Greater London EN1 2AN2
£365K11/210.51 mi27, Queens Road, Enfield, Greater London EN1 1NF2
£364K09/210.53 mi27b, Chase Green Avenue, Enfield, Greater London EN2 8EA2
£350K06/210.54 mi35, Beresford Gardens, Enfield, Greater London EN1 1NN2
£370K11/220.54 mi18, Lavender Hill, Enfield, Greater London EN2 0RE2
£357K08/210.54 mi22, Lavender Hill, Enfield, Greater London EN2 0RE2
£330K07/230.54 mi20, Birkbeck Road, Enfield, Greater London EN2 0DX2
£367K05/230.56 mi27, Monks Close, Enfield, Greater London EN2 8DZ2
£325K03/210.57 mi27, Morley Hill, Enfield, Greater London EN2 0BN2
£322K04/210.58 mi96a, Gordon Hill, Enfield, Greater London EN2 0QS2
£297K06/210.58 mi4, Kirkland Drive, Enfield, Greater London EN2 0RT2
£342K03/210.59 mi76, Inverness Avenue, Enfield, Greater London EN1 3NU2
£297.5K02/210.61 mi123, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£328K12/200.61 mi155, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£257K01/230.62 mi67b, Windmill Hill, Enfield, Greater London EN2 7AF2

Local Rents

50 rents from £1.4K/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,69403/240.05 miBaker Street, Enfield,2
£1,70003/240.05 miBaker Street, Enfield2
£1,72510/230.24 miChurchbury Road, Enfield, Middlesex, EN12
£1,75004/240.24 miChurchbury road, Enfield, EN12
£1,65001/250.24 mi-2
£1,75004/240.25 miWeston Road, Enfield, EN22
£2,25003/240.27 miBaker Street, ENFIELD2
£1,75003/240.33 miTower Point, Sydney Road, Enfield2
£1,85002/250.34 mi-2
£1,75003/240.34 miColman Parade, Southbury Road, Enfield, EN12
£1,75005/240.34 miColman Parade, Southbury Road, Enfield, EN12
£2,00004/240.34 miBurleigh Way, Enfield2
£1,90004/240.34 miBurleigh Way, Enfield, EN22
£1,60003/240.34 miGenotin Road, Enfield Town2
£1,55012/240.34 mi-2
£1,89804/240.35 miBurleigh Way, Enfield, EN22
£2,00003/240.36 miBurleigh Way, Enfield, EN22
£2,00004/240.36 miBurleigh Way, Enfield2
£1,90005/240.36 miBurleigh Way, Enfield, EN22
£2,00004/240.36 mi-2
£1,85003/240.36 mi-2
£1,75003/250.36 mi-2
£1,90002/250.37 mi-2
£1,85002/250.37 mi-2
£1,75003/240.37 miGenotin Terrace, Enfield2
£1,65004/240.37 miChurch Street, Enfield Town EN22
£1,67504/240.38 miGenotin Terrace, Enfield2
£1,40004/240.43 miLea Road, Enfield, EN22
£1,70003/240.44 miCanonbury Road, Enfield, EN12
£1,60010/230.44 miGater Drive, London, EN22
£1,82503/240.45 miRedwood House, Enfield, EN22
£1,55004/240.46 miTrinity Street, Enfield, Middlesex, EN22
£1,50003/240.47 miSketty Road, Enfield, EN12
£1,50003/240.47 miSketty Road, Enfield, EN12
£1,40003/240.47 miSketty Road, Enfield, EN12
£1,40003/240.47 miSketty Road, Enfield, EN12
£1,90004/240.47 miSaphire Court, Enfield, EN22
£1,65005/240.48 miBeresford Gardens, Enfield, EN12
£1,60003/240.48 miLynn Street, Enfield2
£1,70003/240.49 mi-2
£1,80003/250.49 mi-2
£2,00004/240.49 mi-2
£1,60003/240.5 miLynn Street, Enfield2
£1,85003/240.5 miFlorence Drive, Enfield, EN22
£1,85002/240.5 mi-2
£1,60003/240.5 miPrimrose Avenue, Enfield, EN22
£1,55004/240.5 miGordon Hill, Enfield, Middlesex, EN22
£1,95004/240.52 miLancaster Road, Enfield, EN22
£1,95004/240.53 miLancaster Road, Enfield2
£1,55002/240.53 mi-2

Local Area Statistics

Population in EN1

45,671

Population in Enfield

130,248

Town centre distance

0.93 miles away

Nearest school

0.10 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £300,000

November 13, 2024

Listed for £325,000

October 16, 2024

Floor Plans

Description

  • Two Double Bedrooms +
  • Second Floor Apartment +
  • Ideal For Those Looking For A Property To Modernise +
  • Well Located For Easy Access To Transport Links +
  • School Catchment +
  • Ideal For First Time Buyers +
  • Communal Gardens +
  • Investment Opportunity +

Located just a short walk to Enfield Town is this two double bedroom, second floor purpose built apartment. This is the ideal property for those looking for a home they can personalise, modernise & make their own.

Internally, the property offers a bright & airy reception room featuring sash windows, a large kitchen, two double bedrooms, family bathroom & plenty of storage throughout.

The property also benefits from communal gardens adding convenience & outdoor space as well as resident parking to the front.

Situated on Baker Street, the property is within walking distance to Enfield Town Overground & Enfield Chase Mainline Stations offering direct links to Central London. The property is also just a short walk to Enfield Town Shopping Centre with a variety of shops, restaurants & leisure outlets & is also in catchment for sought after local schools.

A viewing on this property is highly recommended to appreciate all on offer. Be sure to check out the quick sneak peek video tour & give the haart team a call to arrange your viewing!

*We have been advised the lease details are as follows*
Tenure - Leasehold
Service Charge Per Annum Approx. - £1041
Ground Rent Per Annum Approx. - £7.50
Length Of Lease - 88 Years
Council Tax Band - C

Agent Details

haart, Southgate

020 3870 4015

Next Steps?

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