3 Bed Flat, Refurb/BRRR, Enfield, EN1 1QD, £330,000

Fotheringham Road EN1 1QD THREE BEDROOMS - 5 views - 5 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 1%
~93 m²
+9 photos

ValuationFair Value

Sold Prices£208K - £925K
Sold Prices/m²£2.5K/m² - £10.3K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£333,300

 

 

End Value (After Refurb)

£508,127

Uplift in Value

+54%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£21,700

Refurb Costs

£49,200

Bridging Loan Interest

£8,663

Total Cash In

£163,813

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£508,127

Agent Fees (1%)

£5,081

Bridging Loan

£247,500

Bridging Loan Interest

£8,663

Flip Profit

£91,733

Local Sold Prices

33 sold prices from £208K to £925K, average is £340K. £2.5K/m² to £10.3K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£362K06/210.21 mi48, Beresford Gardens, Enfield, Greater London EN1 1NN3
£360K06/210.21 mi24, Beresford Gardens, Enfield, Greater London EN1 1NN3
£265K02/210.3 mi64, Hadrians Ride, Enfield, Greater London EN1 1DG3
£307.5K01/210.37 mi60, St Marks Road, Enfield, Greater London EN1 1BE3
£270K03/210.54 miFlat 15, Reynolds House, Ayley Croft, Enfield, Greater London EN1 1XR3
£335K01/210.84 mi36, Cheviot Close, Enfield, Greater London EN1 3UZ3
£320K03/211.06 mi26, Lancaster Road, Enfield, Greater London EN2 0AX3
£265K10/201.1 mi8, Yeomans Way, Enfield, Greater London EN3 5AP3
£277K06/211.11 mi7, Yeomans Way, Enfield, Greater London EN3 5AP3
£465K07/221.15 mi46, Rugby Avenue, London, Greater London N9 9EP3
£417.5K02/211.29 mi61, Kirkland Drive, Enfield, Greater London EN2 0RJ3
£299.9K06/211.29 mi7a, Causeyware Road, Edmonton, London, Greater London N9 8BP3
£535K03/211.34 mi29a, Elm Park Road, London, Greater London N21 2HP3
£925K08/211.38 miFlat 10, Holly Tree Lodge, The Ridgeway, Enfield, Greater London EN2 8QT3
£320K10/211.4 mi17, Old Road, Enfield, Greater London EN3 5XX3
£328K11/211.45 mi137a, Church Street, London, Greater London N9 9RN3
£355K06/211.46 mi32b, Hyde Park Avenue, London, Greater London N21 2PP3
£268K03/211.55 mi60, Osward Place, London, Greater London N9 7EF3
£208K06/231.55 mi64, Osward Place, London, Greater London N9 7EF3
£670K11/201.66 mi57b, Compton Road, London, Greater London N21 3NU3
£670K11/201.67 mi57b, Compton Road, London, Greater London N21 3NU3
£566.5K09/221.68 mi5, Hanbury Drive, London, Greater London N21 1SZ3
£283K02/211.72 mi209, Bounces Road, London, Greater London N9 8LL3
£305K10/231.72 mi205, Bounces Road, London, Greater London N9 8LL3
£520K01/241.73 mi10, Maplin Close, London, Greater London N21 1NB3
£408K12/201.73 mi32, Maplin Close, London, Greater London N21 1NB3
£270K11/201.76 mi275, Bounces Road, London, Greater London N9 8LP3
£550K09/231.77 miFlat 20, High Beech, Eversley Park Road, London, Greater London N21 1NS3
£300K12/201.78 mi153a, Victoria Road, London, Greater London N9 9BA3
£340K01/231.83 mi53, Cosgrove Close, London, Greater London N21 3BG3
£492K11/211.86 mi103, Pennington Drive, London, Greater London N21 1TZ3
£490K04/211.91 mi34a, Woodberry Avenue, London, Greater London N21 3LD3
£404K12/202 mi36a, Eaton Park Road, Palmers Green, London, Greater London N13 4EL3

Local Rents

52 rents from £1.7K/mo to £2.6K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,40004/240.05 mi-3
£2,10003/240.13 miKingswood Close, London, EN13
£1,90004/240.15 miSeaford Road, Enfield, EN13
£1,90004/240.15 miSeaford Road, Enfield, EN13
£1,80005/240.19 mi-3
£1,80004/240.19 miJohn Street, London, EN13
£2,50012/240.23 mi-3
£2,10003/240.27 miPercival Road, Enfield3
£1,80003/240.27 miAgricola Place, Enfield3
£1,89503/240.28 miPercival Road, Enfield, Middlesex, EN13
£1,85004/240.28 miPercival Road, Enfield, EN13
£1,90003/250.28 mi-3
£2,35003/250.28 mi-3
£2,35001/250.28 mi-3
£2,20003/240.28 miWarne Court, EN13
£2,20004/240.3 mi-3
£2,50003/240.32 miBertram Road, Enfield3
£2,50003/240.32 miBertram Road3
£2,65012/240.33 mi-3
£2,65012/240.33 mi-3
£2,00003/240.33 miSavoy Parade, Southbury Road, Enfield - Brilliant Sized 3 Bedroom in the epitome of Enfield !!3
£2,45003/240.34 miApple Grove, Enfield, EN1 3DA3
£2,35003/240.34 miApple Grove, Enfield, EN1 3DA3
£2,35004/240.35 mi-3
£1,75004/240.35 miLondon Road, Enfield3
£1,70004/240.35 miLondon Road, Enfield, EN23
£2,50003/240.36 miThird Avenue, Enfield, EN13
£2,50004/240.36 mi-3
£2,50012/240.36 mi-3
£1,80004/240.36 miLondon Road, Enfield3
£1,80004/240.36 miLondon Road, Enfield3
£1,80004/240.36 miLondon Road, Enfield3
£2,50005/240.37 mi-3
£2,49505/240.37 mi-3
£2,50004/240.37 miClive Road, Enfield, EN13
£2,60005/240.38 miJules Throne Ave, Enfield En1 3
£2,50002/250.4 mi-3
£2,00012/240.41 mi-3
£2,35003/240.43 miTower Point, 52 Sydney Road, Enfield, EN2 6SY3
£2,34903/240.43 miTower Point, Sydney Road, Enfield, EN23
£2,10004/240.43 miTower Point, Sydney Road, Enfield, EN2 6SZ3
£2,35004/240.43 miSydney Road, Enfield Town, EN23
£2,45004/240.43 miTower Point, Sydney Road, Enfield3
£2,00004/240.46 miGreat Cambridge Road, Enfield3
£2,17512/240.47 mi-3
£2,20003/240.49 miLeighton Road, London, EN13
£2,50003/240.52 miPark Avenue, Enfield, Middlesex, EN13
£2,20003/240.54 miAlberta Road, Enfield, EN13
£2,00004/240.56 miHazelwood Road, EN13
£2,00004/240.56 miHazelwood Road, EN13
£2,25004/240.57 miAmwell Close, Enfield, EN23
£2,25004/240.57 miAmwell Close, Enfield, EN23

Local Area Statistics

Population in EN1

45,671

Population in Enfield

130,248

Town centre distance

1.12 miles away

Nearest school

0.30 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £330,000

December 11, 2024

Listed for £340,000

November 8, 2024

Floor Plans

Description

  • Three Bedroom Conversion +
  • First Floor +
  • Period Features Inc Cast Iron Fireplaces +
  • Double Glazing +
  • Modern Kitchen +
  • Close To Transport Links +
  • EPC Rating C +
  • Council Tax Band C +
  • Long Lease Of 103 Years +
  • Service charge £400 per annum (inc building insurance) +

THREE BEDROOMS - LONG LEASE!!!!!! Absolute Property are delighted to offer this three bedroom period Victorian conversion boasting feature fireplaces and character features. The current owners have looked after this property, some modernisation required. Situated within close proximity of Enfield Town, its station, local schools. shops, restaurants and amenities. The property benefits from three good size bedrooms, long lease, double glazing, gas central heating, modern kitchen and comes with the added advantage of being chain free. Viewing is highly recommended to avoid disappointment.

Accomodation Comprises: - Entrance Hall¦Lounge/Diner¦Kitchen¦Three Bedrooms¦Family Bathroom¦

Fotheringham Road: - This three bedroom period conversion boasts light and spacious accommodation. There are three bedrooms of which 2 are large doubles and the 3rd is a generous size single with a cast iron feature fireplace, in addition you will find a natural lit reception room facing the front aspect with cast iron fireplace, bay window with made to measure shutters. To the rear of the property there is a modern kitchen and generous sized family bathroom with duel aspect windows overlooking side and rear aspect. The property had a new boiler installed a few years back which has a gas cert conducted every year.

Outside: - The property was painted externally about 4 years ago

Location: -

Location: - Close proximity of Enfield Town, its station, local schools. shops, restaurants and amenities. All within walking distance as well as being well position for various bus routes, the A10, North Circular Road direct routes into central London. In the other direction is Herts where you will find many villages, walking trails and within just a short drive away.

Entrance: - Front door opening to stairs leading to:

First Floor Landing: - Doors to lounge, bedroom one, bedroom two, bedroom three and kitchen and 1 x radiator

Lounge: - Upvc double glazed bay window to front aspect with made to measure shutters, cast iron feature fireplace, TV socket, 1 x radiator

Kitchen: - Range of eye and base level units, built in oven, gas hob and extractor, washing machine, integrated fridge/freezer, 1 ¼ bowl stainless steel sink/drainer unit with mixer taps. Wooden flooring, upvc double glazed window to side aspect

Bedroom One: - Upvc double glazed bay window to front aspect with made to measure shutters , 1 x radiator, wardrobe

Bedroom Two: - Built in shelving unit, wardrobe, radiator, upvc double glazed window to rear aspect

Bedroom Three: - Cast Iron Fireplace, built in shelving unit, radiator, upvc double glazed window to side aspect.

Bathroom: - Three piece suite comprising of low level flush WC, bath with shower unit, vanity wash/hand basin with mixer taps, heated towel rail, upvc double glazed frosted window to rear aspect, upvc double glazed frosted window to side aspect

Please note: that due to the estate agents act of 1979 we have to disclose the person selling this works at Absolute Property Agents.

Agent Details

Absolute Property Agents, Cuffley - Sales

020 3897 4901

Next Steps?

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