3 Bed Semi-Detached House, Planning Permission, Potters Bar, EN6 3DE, £625,000

66 Deepdene, Potters Bar, Hertfordshire, EN6 3DE - 4 views - 5 months ago

Planning
~93 m²
+20 photos

ValuationFair Value

Sold Prices£415K - £765K
Sold Prices/m²£5.1K/m² - £9.8K/m²

 

 

Square Metres

~93 m²
Price/m²£6.7K/m²

Value Estimate

£627,508

 

 

End Value (After Refurb)

£592,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£156,250

Stamp Duty & Legal Fees

£38,700

Refurb Costs

£49,200

Bridging Loan Interest

£16,406

Total Cash In

£262,306

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£592,500

Mortgage (After Refinance)

£444,375

Mortgage LTV

75%

Cash Left In

£262,306

Equity

£148,125

Rent Range

£1,995 - £2,500

Rent Estimate

£2,175

Running Costs/mo

£2,307

Cashflow/mo

£-132

Cashflow/yr

£-1,579

Gross Yield

4%

Local Sold Prices

50 sold prices from £415K to £765K, average is £534K. £5.1K/m² to £9.8K/m², average is £7K/m².

PriceDateDistanceAddressBeds 
£612K12/220.01 mi72, Deepdene, Potters Bar, Hertfordshire EN6 3DE3
£500K08/210.03 mi73, Deepdene, Potters Bar, Hertfordshire EN6 3DG3
£520K06/210.08 mi86, Wroxham Gardens, Potters Bar, Hertfordshire EN6 3DL3
£485K03/210.08 mi74, Wroxham Gardens, Potters Bar, Hertfordshire EN6 3DL3
£512K03/210.08 mi36, Deepdene, Potters Bar, Hertfordshire EN6 3DD3
£505K06/210.09 mi11, Ranworth Gardens, Potters Bar, Hertfordshire EN6 3DP3
£495K12/200.09 mi12, Ranworth Gardens, Potters Bar, Hertfordshire EN6 3DP3
£527K06/210.16 mi24, Mimms Hall Road, Potters Bar, Hertfordshire EN6 3BZ3
£582K02/230.19 mi13, Ormesby Drive, Potters Bar, Hertfordshire EN6 3EA3
£531K01/230.2 mi42, Oulton Crescent, Potters Bar, Hertfordshire EN6 3EG3
£538K06/210.22 mi65, Cambridge Drive, Potters Bar, Hertfordshire EN6 3EU3
£553K12/220.28 mi74, Mimms Hall Road, Potters Bar, Hertfordshire EN6 3DX3
£695.6K12/220.31 mi402, Mutton Lane, Potters Bar, Hertfordshire EN6 3AT3
£550K02/230.31 mi21, Suffolk Road, Potters Bar, Hertfordshire EN6 3EZ3
£580K05/230.33 mi46, Borough Way, Potters Bar, Hertfordshire EN6 3HB3
£575K03/210.34 mi58, Borough Way, Potters Bar, Hertfordshire EN6 3HB3
£455K09/210.34 mi41, Borough Way, Potters Bar, Hertfordshire EN6 3HA3
£455K09/210.34 mi41, Borough Way, Potters Bar, Hertfordshire EN6 3HA3
£415K06/210.39 mi98, Cranborne Road, Potters Bar, Hertfordshire EN6 3AJ3
£490K02/210.4 mi76, Cranborne Road, Potters Bar, Hertfordshire EN6 3AJ3
£475K11/200.4 mi86, Cranborne Road, Potters Bar, Hertfordshire EN6 3AJ3
£509K12/200.41 mi55, Auckland Road, Potters Bar, Hertfordshire EN6 3HS3
£525K12/200.41 mi82, Auckland Road, Potters Bar, Hertfordshire EN6 3HS3
£585K09/210.41 mi66, Auckland Road, Potters Bar, Hertfordshire EN6 3HS3
£530K09/210.43 mi91, Cranborne Road, Potters Bar, Hertfordshire EN6 3AQ3
£480K11/200.43 mi184, Auckland Road, Potters Bar, Hertfordshire EN6 3HT3
£475K03/210.45 mi112, Auckland Road, Potters Bar, Hertfordshire EN6 3HE3
£565K02/210.45 mi97, Auckland Road, Potters Bar, Hertfordshire EN6 3HE3
£477.5K03/210.46 mi19, Shillitoe Avenue, Potters Bar, Hertfordshire EN6 3HH3
£560K12/220.46 mi13, Shillitoe Avenue, Potters Bar, Hertfordshire EN6 3HH3
£695K04/230.46 mi18, Shillitoe Avenue, Potters Bar, Hertfordshire EN6 3HG3
£567.5K12/200.48 mi77, Rushfield, Potters Bar, Hertfordshire EN6 3HJ3
£550K05/230.49 mi159, Cranborne Crescent, Potters Bar, Hertfordshire EN6 3AF3
£430K06/210.49 mi79, Kimptons Mead, Potters Bar, Hertfordshire EN6 3HY3
£600K11/200.53 mi31, Brooklands Gardens, Potters Bar, Hertfordshire EN6 2LB3
£700K06/230.55 mi15, Rushfield, Potters Bar, Hertfordshire EN6 3HN3
£537K12/200.57 mi306, Mutton Lane, Potters Bar, Hertfordshire EN6 2AX3
£715K03/230.57 mi156, Dugdale Hill Lane, Potters Bar, Hertfordshire EN6 2DE3
£675K03/210.61 mi178, Dugdale Hill Lane, Potters Bar, Hertfordshire EN6 2DD3
£700K03/210.61 mi184, Dugdale Hill Lane, Potters Bar, Hertfordshire EN6 2DD3
£525K12/200.65 mi38, Elmscroft Gardens, Potters Bar, Hertfordshire EN6 2JR3
£765K01/210.65 mi62, Santers Lane, Potters Bar, Hertfordshire EN6 2DA3
£540K12/200.65 mi21, Neville Close, Potters Bar, Hertfordshire EN6 2AG3
£540K12/200.65 mi21, Neville Close, Potters Bar, Hertfordshire EN6 2AG3
£420K02/210.66 mi3, Laurel Avenue, Potters Bar, Hertfordshire EN6 2AQ3
£520K02/210.66 mi42, Sherwood Avenue, Potters Bar, Hertfordshire EN6 2LE3
£490K03/210.67 mi46, Clive Close, Potters Bar, Hertfordshire EN6 2AE3
£645K11/220.67 mi290, Mutton Lane, Potters Bar, Hertfordshire EN6 2AU3
£450K06/210.67 mi22, Clive Close, Potters Bar, Hertfordshire EN6 2AE3
£670K02/210.68 mi23, Elmscroft Gardens, Potters Bar, Hertfordshire EN6 2JP3

Local Rents

15 rents from £2K/mo to £2.5K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,30004/250.21 mi-3
£2,20004/240.22 miMimms Hall Road,Potters Bar,EN63
£2,20012/240.25 miMimms Hall Road, Potters Bar3
£2,50002/240.39 mi-3
£2,30002/250.39 mi-3
£2,40004/240.4 miAuckland Road, Potters Bar3
£2,00003/240.43 miCranborne Road, Potters Bar, Hertfordshire, EN63
£2,45002/250.48 mi-3
£2,00004/240.56 miRushfield, Potters Bar, EN6 3HW3
£2,25012/240.59 mi-3
£2,20002/240.59 mi-3
£1,99512/240.59 mi-3
£2,20003/240.59 miDugdale Hill Lane, Potters Bar, EN63
£2,25003/250.6 mi-3
£2,05002/240.6 mi-3

Local Area Statistics

Population in EN6

29,067

Population in Potters Bar

29,075

Town centre distance

1.24 miles away

Nearest school

0.10 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £625,000

November 11, 2024

Sold for £194,950

2001

Floor Plans

Description

  • Chain Free +
  • Semi-Detached House +
  • Three Bedrooms +
  • Downstairs W.C +
  • Fantastic 100ft + Rear Garden +
  • Garage +
  • Off Street Parking +
  • 360 Video Tour Available (Link Below) +
  • Popular Location For Top Rated Schools +
  • Potential To Extend (STPP) +

Jake Charles Property are excited to present this delightful three-bedroom semi-detached family home, ideally located on the highly sought-after Deepdene. This property is perfectly positioned within the catchment area for the esteemed Wroxham Primary School, making it an excellent choice for families. Additionally, it is conveniently close to local shops and the leisure centre, providing easy access to everyday amenities.

Upon entering, you are welcomed by a hallway which features a downstairs W.C. Following on, you then step into the spacious open-plan lounge which offers a perfect area for family living and entertaining. This inviting space flows seamlessly into the well-appointed kitchen at the rear, creating an ideal environment for both relaxation and social gatherings.

One of the standout features of this property is the huge, well-maintained rear garden, which is perfect for entertaining family and friends. Surrounded by greenery, this outdoor space offers a large patio area that is ideal for summer barbecues, outdoor dining, or simply enjoying a peaceful afternoon in the sun.

To the side of the property, there is a garage that provides excellent storage space and presents the potential for conversion into a home office, subject to the necessary planning permissions (sstp). Upstairs, you will discover three generously sized bedrooms, including a spacious double master bedroom that benefits from fitted wardrobes offering ample storage space. The property also boasts driveway parking for two cars, along with additional free on-street parking, ensuring convenience for both residents and guests.

Agent Details

Jake Charles Property, North London

020 4572 1146

Next Steps?

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