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

Sketty Road, Enfield, EN1 3SE - 4 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£112K - £500K
Sold Prices/m²£3.3K/m² - £8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£365,781
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,400 - £2,450

Rent Estimate

£1,450

Running Costs/mo

£1,248

Cashflow/mo

£203

Cashflow/yr

£2,430

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £112K to £500K, average is £328.8K. £3.3K/m² to £8K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£315K10/200.07 mi14b, Ladysmith Road, Enfield, Greater London EN1 3AA2
£325K01/230.13 mi15, Stanley Road, Enfield, Greater London EN1 1NG2
£365K11/210.16 mi27, Queens Road, Enfield, Greater London EN1 1NF2
£295K12/200.19 mi2a, Eaton Road, Enfield, Greater London EN1 1NA2
£315K10/220.22 mi45, Eaton Road, Enfield, Greater London EN1 1NJ2
£305K05/210.23 mi61, Eaton Road, Enfield, Greater London EN1 1NJ2
£276K07/230.24 mi95, Beresford Gardens, Enfield, Greater London EN1 1NP2
£500K12/200.24 mi14, Riversfield Road, Enfield, Greater London EN1 3DJ2
£460K08/230.24 mi18, Falmer Road, Enfield, Greater London EN1 1PY2
£384K03/210.24 mi80a, Cecil Avenue, Enfield, Greater London EN1 1PP2
£350K06/230.27 mi12, Calder Close, Enfield, Greater London EN1 3TS2
£350K06/210.3 mi35, Beresford Gardens, Enfield, Greater London EN1 1NN2
£300K06/210.31 mi91, Cobham Close, Enfield, Greater London EN1 3SD2
£272K02/210.31 mi29, Cobham Close, Enfield, Greater London EN1 3SD2
£315K10/210.31 mi23, Cobham Close, Enfield, Greater London EN1 3SD2
£350K04/210.34 mi49a, Chalkwell Park Avenue, Enfield, Greater London EN1 2AN2
£375K05/210.36 mi41, St Andrews Road, Enfield, Greater London EN1 3UA2
£340K07/230.37 mi235, Southbury Road, Enfield, Greater London EN1 1QZ2
£263K05/230.4 mi4, Camberley Avenue, Enfield, Greater London EN1 2AR2
£335K04/210.5 mi8a, Graeme Road, Enfield, Greater London EN1 3UX2
£348K12/220.54 mi110a, Baker Street, Enfield, Greater London EN1 3EZ2
£250K06/210.54 mi44, Roman Way, Enfield, Greater London EN1 1EQ2
£300K02/210.56 miFirst Floor Maisonette, 281, Great Cambridge Road, Enfield, Greater London EN1 1SQ2
£307.5K04/210.58 mi52, Pevensey Avenue, Enfield, Greater London EN1 3HT2
£385K12/200.58 miFlat 22, Austin Court, Village Road, Enfield, Greater London EN1 2DY2
£365K02/210.58 miFlat 2, Austin Court, Village Road, Enfield, Greater London EN1 2DY2
£332.5K11/210.59 miFlat 13, Chapel Court, St Marks Road, Enfield, Greater London EN1 1DT2
£340K08/210.6 mi35b, St Marks Road, Enfield, Greater London EN1 1BG2
£352.5K11/220.61 miFlat 14, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY2
£365K03/230.61 miFlat 27, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY2
£350K10/220.62 miFlat 20, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY2
£420K06/210.62 mi30a, Little Park Gardens, Enfield, Greater London EN2 6PG2
£341K04/210.63 mi116, Gordon Road, Enfield, Greater London EN2 0QB2
£341K04/210.63 mi116, Gordon Road, Enfield, Greater London EN2 0QB2
£300K04/210.63 mi171, Gordon Road, Enfield, Greater London EN2 0QB2
£325K10/200.65 miFlat 13, Chapel Court, St Marks Road, Enfield, Greater London EN1 1DT2
£295K06/210.67 mi11, Weston Road, Enfield, Greater London EN2 0QD2
£320K12/200.67 mi2, Weston Road, Enfield, Greater London EN2 0QD2
£297K03/210.67 mi13, Weston Road, Enfield, Greater London EN2 0QD2
£275K03/210.72 mi1, Linwood Crescent, Enfield, Greater London EN1 4UP2
£272K04/210.72 mi107, Linwood Crescent, Enfield, Greater London EN1 4UP2
£360K11/220.72 mi105, Uvedale Road, Enfield, Greater London EN2 6HD2
£112K01/230.73 mi70, Parsonage Lane, Enfield, Greater London EN2 0AH2
£348K02/230.74 mi11, Mortimer Drive, Enfield, Greater London EN1 2LH2
£297.5K02/210.75 mi33, Winchester Close, Enfield, Greater London EN1 2ES2
£270K04/210.76 mi17, Orton Grove, Enfield, Greater London EN1 4UE2
£290K11/220.76 mi24, Orton Grove, Enfield, Greater London EN1 4UE2
£412.5K01/210.76 mi4, Windmill Hill, Enfield, Greater London EN2 6SA2
£342K03/210.76 mi76, Inverness Avenue, Enfield, Greater London EN1 3NU2
£257K03/230.77 mi80, Orton Grove, Enfield, Greater London EN1 4UY2

Local Rents

50 rents from £1.4K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,50003/240.03 miSketty Road, Enfield, EN12
£1,50003/240.03 miSketty Road, Enfield, EN12
£1,40003/240.03 miSketty Road, Enfield, EN12
£1,40003/240.03 miSketty Road, Enfield, EN12
£1,60003/240.24 mi-2
£1,55012/240.25 mi-2
£1,65005/240.27 miBeresford Gardens, Enfield, EN12
£1,75003/250.31 mi-2
£1,75003/250.31 mi-2
£1,85002/250.32 mi-2
£1,95003/240.32 miDowns Road, ENFIELD2
£1,75003/240.33 miColman Parade, Southbury Road, Enfield, EN12
£1,75005/240.33 miColman Parade, Southbury Road, Enfield, EN12
£1,85004/240.33 miPercival Road, Enfield, London EN12
£2,00003/240.33 miPercival Road, Enfield, EN12
£1,85002/250.34 mi-2
£1,60003/240.37 miGenotin Road, Enfield Town2
£1,75003/240.38 miGenotin Terrace, Enfield2
£1,55003/240.4 miWoodfield Close, EN12
£1,67504/240.4 miGenotin Terrace, Enfield2
£1,75003/240.41 miTower Point, Sydney Road, Enfield2
£1,90003/240.46 miBertram Road, Enfield2
£1,82503/240.48 miRedwood House, Enfield, EN22
£1,80004/240.49 miLondon Road, London, EN22
£2,20005/240.49 mi-2
£1,69403/240.49 miBaker Street, Enfield,2
£1,70003/240.49 miBaker Street, Enfield2
£2,10003/240.5 miSydney Road, Enfield Town, EN22
£1,75003/240.5 miTower Point, Sydney Road, EN22
£2,45004/240.5 miTower Point, 52 Sydney Road, Enfield, London, EN22
£1,60004/240.5 miTower Point, EN22
£1,60005/240.5 miTower Point, EN22
£1,50003/250.5 mi-2
£1,75003/240.5 miSydney Road, London, EN22
£1,80012/240.5 mi-2
£1,80002/240.51 mi-2
£1,80012/240.51 mi-2
£2,06204/240.51 miVillage Road, Bush Hill Park, Enfield, EN12
£1,60004/240.51 mi69 London Road, Enfield2
£1,85003/250.51 mi-2
£1,75003/250.51 mi-2
£2,00002/240.52 mi-2
£2,00004/240.52 miBurleigh Way, Enfield2
£1,90004/240.52 miBurleigh Way, Enfield, EN22
£1,65004/240.53 miChurch Street, Enfield Town EN22
£1,89804/240.53 miBurleigh Way, Enfield, EN22
£2,00003/240.53 miBurleigh Way, Enfield, EN22
£2,00004/240.53 miBurleigh Way, Enfield2
£1,90005/240.53 miBurleigh Way, Enfield, EN22
£2,00004/240.53 mi-2

Local Area Statistics

Population in EN1

45,671

Population in Enfield

130,248

Town centre distance

1.16 miles away

Nearest school

0.20 miles away

Nearest train station

0.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £300,000

October 23, 2024

Sold for £150,000

2021

Sold for £128,500

2004

Floor Plans

Description

  • Chain Free +
  • Two Bedroom Ground Floor Flat +
  • Own Section of Approximate 50ft Rear Garden +
  • Open Plan Kitchen/Living Room +
  • Ideal First Time Purchase or Investment Opportunity +
  • Close to Transport Links Including Local Bus Routes and Enfield Town Station(0.3 miles) +
  • Within Walking Distance of Enfield Town Centre +
  • Within Catchment Area of Some of Enfield's Most Sought After Schools Including George Spicer Primary School +

Kings Group-Enfield Town are pleased to offer this CHAIN FREE TWO BEDROOM GROUND FLOOR FLAT located just a short distance from Enfield Town Centre which boasts an array of shops and restaurants to enjoy. Furthermore this ideal first time purchase or investment opportunity, provides easy access to transport links including local bus routes and Enfield Town Station(0.3 miles) which provides direct access into the City. The A10/M25/A406 are all within easy reach providing good access to surrounding areas. The property comprises open plan living room/kitchen, two sizeable bedrooms, bathroom and your own section of the mainly laid to lawn rear garden.

Hallway - Amtico flooring, Picture rail

Open Plan Kitchen/Living Room - 5.18m x 2.44m (17'20 x 8'81) - Windows to the rear and side aspects, Double radiator, Amtico flooring, Tiled splash backs, A range of base and wall units with roll top wooden surfaces, Integrated cooker with electric oven and induction hob, Integrated extractor hood, Sink drainer unit, Plumbing for washing machine, Spotlights, Door leading to the garden, Power points

Bathroom - 2.13m x 1.22m (7'37 x 4'72) - Spotlights, Part tiled walls, Heated towel rail, Tiled flooring, Extractor fan, Panel enclosed bath with shower attachment, Wash basin with mixer tap and vanity unit underneath, Low level WC

Bedroom 1 - 3.66m x 3.35m (12'23 x 11'65) - Sash window to the front aspect, Picture rail, Double radiator, Amtico flooring, TV aerial point, Power points

Bedroom 2 - 3.05m x 1.83m (10'35 x 6'66) - Sash window to the rear aspect, Picture rail, Double radiator, Amtico flooring, Power points

Garden - approx 15.24m (approx 50') - Mainly laid to lawn, Outside water tap

Agent Details

Kings Group, Enfield Town

020 3869 0917

Next Steps?

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