2 Bed Flat, Single Let, Enfield, EN2 7BE £549,500

Old Park Road, Enfield, Middlesex, EN2 7BE - 2 views - a year ago
Sold STC
Leasehold
BTL
~99 m²
Property image

ValuationUndervalued

Sold Prices£220K - £665K
Sold Prices/m²£2.2K/m² - £6.8K/m²

 

 

Square Metres

~99 m²
Price/m²£5.6K/m²

Value Estimate

£570,269
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,375

Stamp Duty & Legal Fees

£46,150

Total Cash In

£183,525

 

 

Cash Out

 

Rent Range

£1,500 - £2,100

Rent Estimate

£1,591

Running Costs/mo

£2,055

Cashflow/mo

£-464

Cashflow/yr

£-5,573

Gross Yield

3%

Local Sold Prices

50 sold prices from £220K to £665K, average is £343.8K. £2.2K/m² to £6.8K/m², average is £5.8K/m².

Price
Date
Distance
Address
Beds
 
£549.5K08/250.02 mi15, 5 Collingridge House, Old Park Road, Enfield EN2 7BE2
£500K06/230.11 miFlat 13, Claremont Heights, Crescent Road, Enfield, Greater London EN2 7RY2
£293K12/240.11 mi44, Waverley Road, Enfield EN2 7AQ2
£295K03/230.11 mi48, Waverley Road, Enfield, Greater London EN2 7AQ2
£290K12/240.15 mi18, Vermont Close, Enfield EN2 7BF2
£665K06/210.15 mi31, The Coppice, Enfield, Greater London EN2 7BX2
£340K12/240.16 mi23, Badgers Close, Enfield EN2 7BB2
£257K01/230.17 mi67b, Windmill Hill, Enfield, Greater London EN2 7AF2
£450K01/250.17 mi10 12 Highdene, Flat L, The Ridgeway, Enfield EN2 8QH2
£350K02/250.18 mi44 54 Waverley Court, 2, Windmill Hill, Enfield EN2 7AU2
£340K03/250.2 mi3, 13 Sheringham Court, The Ridgeway, Enfield EN2 8NS2
£340K03/250.2 mi3, 13 Sheringham Court, The Ridgeway, Enfield EN2 8NS2
£383K08/250.22 mi14, 10 Pinewood Court, Bycullah Road, Enfield EN2 8EG2
£290K06/250.24 mi195, Gladbeck Way, Enfield EN2 7EW2
£420K04/230.32 mi29, Florence Drive, Enfield, Greater London EN2 8DG2
£412.5K07/230.34 mi11, Hermitage Close, Enfield, Greater London EN2 8EL2
£395K03/250.35 mi31, Florence Drive, Enfield EN2 8DG2
£425K03/250.35 mi1, 12 14 Merrivale House, Rowantree Road, Enfield EN2 8QA2
£375K03/250.36 miFlat 1, 45 Langton Court, The Ridgeway, Enfield EN2 8PD2
£347.5K02/230.36 mi13, West Bank, Enfield, Greater London EN2 8DU2
£325K01/250.37 mi5, West Bank, Enfield EN2 8DU2
£338K07/250.37 mi4, West Bank, Enfield EN2 8DU2
£340K01/250.37 mi10, Canford Close, Enfield EN2 8QN2
£350K02/250.37 mi56, Flat 3, Chase Green Avenue, Enfield EN2 8EN2
£388K12/240.38 mi42a Holly Tree Lodge, 8, The Ridgeway, Enfield EN2 8QT2
£364K09/210.39 mi27b, Chase Green Avenue, Enfield, Greater London EN2 8EA2
£367K05/230.41 mi27, Monks Close, Enfield, Greater London EN2 8DZ2
£360K06/230.45 mi10, Englefield Close, Enfield, Greater London EN2 7QD2
£340K11/220.45 mi19, Links Side, Enfield, Greater London EN2 7QT2
£415K03/250.47 mi2e, Uplands Park Road, Enfield EN2 7PS2
£420K06/210.48 mi30a, Little Park Gardens, Enfield, Greater London EN2 6PG2
£365K06/230.49 mi31, Chase Ridings, Enfield, Greater London EN2 7QF2
£290K08/210.49 miFlat 73, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£300K12/240.5 miIngleborough, 71, Cavell Drive, Enfield EN2 7PR2
£395K06/210.5 mi9, Mcadam Drive, Enfield, Greater London EN2 8PS2
£220K07/250.5 mi3, Ingleborough, Cavell Drive, Enfield EN2 7PR2
£260K08/210.5 miFlat 50, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£280K01/230.5 miFlat 85, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£308K04/250.52 mi22, Enfield Road, Enfield EN2 7HW2
£308K04/250.52 mi22, Enfield Road, Enfield EN2 7HW2
£435K02/250.57 miKings Chase View, 7, The Ridgeway, Enfield EN2 8LG2
£317.5K03/230.61 mi73, Crofton Way, Enfield, Greater London EN2 8HR2
£270K03/250.62 mi149, Holtwhites Hill, Enfield EN2 8BL2
£360K10/220.63 mi58, Crofton Way, Enfield, Greater London EN2 8HS2
£338K11/220.63 mi64, Crofton Way, Enfield, Greater London EN2 8HS2
£297K06/210.63 mi4, Kirkland Drive, Enfield, Greater London EN2 0RT2
£315K03/230.64 mi52, John Gooch Drive, Enfield, Greater London EN2 8HG2
£420K06/250.65 mi10, 1 Fitzroy Lodge, Brook Park Close, London N21 1RF2
£420K06/250.65 mi10, 1 Fitzroy Lodge, Brook Park Close, London N21 1RF2
£310K12/220.66 mi1, Woodridge Close, Enfield, Greater London EN2 8HJ2

Local Rents

50 rents from £1.5K/mo to £2.1K/mo, average is £1.7K/mo.

Rent
Date
Distance
Address
Beds
 
£1,57512/230.05 mi-2
£1,99506/250.06 miHigh Acre, Enfield2
£1,90006/250.07 miCrescent Road, Enfield2
£1,90006/250.07 miCrescent Road, Enfield2
£1,70003/240.07 miHelen Clare Court, Enfield, EN22
£1,90010/230.08 miWindmill Hill, Enfield2
£1,75004/240.08 miMillers Green Close, ENFIELD2
£1,80007/250.08 miMillers Green Close, ENFIELD2
£2,00010/250.08 miMillers Green Close, ENFIELD2
£1,85011/250.08 miOld Park Road, Enfield, Middlesex2
£1,90006/250.08 miSalmons Brook House, Windmill Hill, Enfield2
£1,59511/250.08 miSalmonsbrook House, EN22
£1,59511/250.08 miSalmonsbrook House, EN22
£1,90010/250.09 miSalmons Brook House, Enfield, EN22
£1,90010/250.09 mi-2
£2,00008/250.1 miClaremont Heights, Enfield2
£1,75008/250.11 miWaverley Road, Enfield, EN22
£1,75010/250.11 miWaverley Road, Enfield, Middlesex, EN22
£1,65005/240.11 miWaverley Road, Enfield2
£1,60005/240.11 miWaverley Road, Enfield2
£1,60005/240.11 miWaverley Road, Enfield2
£1,75009/250.11 miWaverley Road, ENFIELD2
£1,90008/250.11 miWaverley Road, London, EN22
£1,60009/250.12 miWinsmoor Court2
£1,75006/250.13 miWaverley Road, London, EN22
£1,80007/250.14 miVermont Close, Enfield2
£1,70006/250.14 miVermont Close, Waverley Road, Enfield, Middlesex, EN22
£1,50009/250.14 miBadgers Close2
£1,70011/250.16 miWindmill Hill, London, EN22
£1,70011/250.16 miWindmill Hill, ENFIELD2
£1,70004/240.17 miWindmill Hill, EN22
£1,70009/250.17 miWaverley Court, Windmill Hill, Enfield, EN22
£1,57511/250.17 miWindmill Hill, Enfield, Middlesex, EN22
£1,65009/250.17 miWindmill Hill, Enfield, EN22
£1,60010/250.17 miWindmill Hill, Enfield, EN22
£1,60010/250.17 miWindmill Hill, Enfield, EN22
£1,65004/240.17 miBycullah Road, ENFIELD2
£1,79504/240.18 miGladbeck Way, Enfield2
£1,67504/240.18 miThe Ridgeway, Enfield, Middlesex, EN22
£1,80004/240.18 miBycullah Road, ENFIELD2
£1,79504/240.18 miBycullah Court, Enfield2
£1,77511/250.18 miFiona Court, The Ridgeway, Enfield, EN22
£2,10010/230.19 miSlades Hill, Enfield, EN22
£1,60003/240.19 miWindmill Hill, Enfield2
£1,70011/250.19 miWindmill Hill, Enfield2
£1,77506/250.19 miFiona Court, The Ridgeway, Enfield, Middlesex, EN22
£1,65009/250.19 miFiona Court, The Ridgeway, Enfield, Middlesex, EN22
£1,70004/240.19 mi-2
£1,70004/240.19 mi-2
£1,85010/250.19 miWindmill Hill, Enfield, En32

Local Area Statistics

Population in EN2

29,471

Population in Enfield

130,248

Town centre distance

0.26 miles away

Nearest school

0.50 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+8%

Property History

Listed for £549,500

November 13, 2024

Floor Plans

Property image

Description

  • Two Double Bedroom First Floor Apartment With Lift. +
  • Access Available To A Beautiful Communal Garden. +
  • Ideally Located Just a Short Walk From Enfield Chase Station And A Short Drive To The M25. +
  • Commendable "B" Rating Energy Report. +
  • Underground Parking For One Car. +
  • Double Glazing, Gas Central Heating With Nest Smart Thermostat +
  • 107 Year Lease. +
  • £2998 Service Charges £330 Ground Rent. +

A well-presented light and airy 2 bedroom, 2 bathroom apartment located on the 1st floor of this attractive complex. A very spacious lounge is bathed in light from an array of windows. An excellent leafy and quiet location, only 8 minutes walk from Enfield Chase station.

Inner Hallway
Video entry phone system, radiator, solid wood flooring, coving to ceiling, alarm panel, storage cupboard housing fuse box and Keston combination boiler (replaced 2022), Nest smart thermostat, doors to lounge, kitchen, bathroom and both bedrooms.
Lounge
27' 10" x 19' 1” (8.50m x 5.80m) uPVC double glazed double doors to juliet balcony and windows to side and front aspects, two radiators, electric fireplace with surround, television point, telephone point, coving to ceiling, solid wood flooring

Kitchen/Diner
13' 4” x 10’ (4.10m x 3.00m) Units at base and eye level, one and a half bowl sink with waste disposal unit inset to quartz work surfaces with under cabinet lighting, fitted electric Neff double oven and Neff gas hob with extractor hood, fitted Neff microwave, integrated Neff dishwasher and washer/dryer, integrated fridge and freezer, radiator, coving to ceiling, ceiling spotlights, tiled flooring, uPVC double glazed window to side aspect.

Bedroom One
20' 5” x 15' 5" (6.20m x 4.70m) uPVC double glazed window to side aspect, radiator, fitted wardrobes, coving to ceiling, ceiling spotlights, door to en-suite, television point.

En-Suite
Walk-in shower cubicle, low flush wc, wash hand basin with mixer tap, extractor fan, ceiling spotlights, tiled flooring, tiled walls, heated towel rail, shaver point, fitted bathroom cabinet and under sink cabinet.

Bedroom Two
17' 5" x 9' 11" (5.30m x 3.00 m) uPVC double glazed window to front aspect, radiator, fitted wardrobes, coving to ceiling, ceiling spotlights, television point, solid wood flooring.

Bathroom
Panelled bath with shower and mixer tap, low flush wc, wash hand basin with mixer tap, extractor fan, ceiling spotlights, tiled flooring and walls, shaving point, heated towel rail.

Parking
Electric gated underground with one allocated parking space.

Extensive and well maintained communal gardens.

Agent Details

Ian Gibbs, Enfield

020 8370 4800

Next Steps?

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