2 Bed Flat, Single Let, Enfield, EN3 7WL, £274,950

Enstone Road, Enfield, Middlesex, EN3 7WL - 4 months ago

Leasehold
BTL
ROI: 6%
~76 m²
+8 photos

ValuationUndervalued

Sold Prices£135K - £341K
Sold Prices/m²£2.8K/m² - £7.3K/m²

 

 

Square Metres

~75.62 m²
Price/m²£3.6K/m²

Value Estimate

£335,439
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,738

Stamp Duty & Legal Fees

£16,195

Total Cash In

£84,933

 

 

Cash Out

 

Rent Range

£1,500 - £4,000

Rent Estimate

£1,650

Running Costs/mo

£1,209

Cashflow/mo

£441

Cashflow/yr

£5,289

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £135K to £341K, average is £274.8K. £2.8K/m² to £7.3K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£265K10/220.03 miFlat 18, Feldspar Court, Enstone Road, Enfield, Greater London EN3 7WR2
£285K11/220.26 mi51, Osborne Road, Enfield, Greater London EN3 7RW2
£255K05/210.36 mi7, Rossmore Close, Enfield, Greater London EN3 7EW2
£280K09/210.48 mi50, Westmoor Road, Enfield, Greater London EN3 7LF2
£292.5K05/210.52 mi68, Green Street, Enfield, Greater London EN3 7HP2
£290K10/220.58 mi79, Glenloch Road, Enfield, Greater London EN3 7HL2
£260K02/210.6 mi44, Glenloch Road, Enfield, Greater London EN3 7HN2
£185K08/230.6 mi42, Glenloch Road, Enfield, Greater London EN3 7HN2
£260K02/210.71 mi9, Cuba Drive, Enfield, Greater London EN3 5BB2
£257K06/230.84 mi55, Stainton Road, Enfield, Greater London EN3 5JP2
£135K11/220.84 mi46, Stainton Road, Enfield, Greater London EN3 5JS2
£275K03/210.89 mi20, Riley Road, Enfield, Greater London EN3 5QB2
£322K01/230.89 mi10, Bridge Close, Enfield, Greater London EN1 4LH2
£300K04/210.95 mi87b, High Street, Enfield, Greater London EN3 4EE2
£275K11/200.98 mi458, Hertford Road, Enfield, Greater London EN3 5QH2
£277K11/201.02 mi21, Kennedy Avenue, Enfield, Greater London EN3 4PA2
£280K09/211.11 mi49, Sandhurst Road, London, Greater London N9 8BA2
£315K06/211.11 mi99, Sandhurst Road, London, Greater London N9 8BA2
£280K10/231.11 mi57, Sandhurst Road, London, Greater London N9 8BA2
£274.5K06/211.12 mi84, Sandhurst Road, London, Greater London N9 8BJ2
£285K02/231.12 mi80, Sandhurst Road, London, Greater London N9 8BJ2
£277K03/211.12 mi70, Sandhurst Road, London, Greater London N9 8BJ2
£277K05/211.12 mi36, Sandhurst Road, London, Greater London N9 8BJ2
£285K07/231.22 mi9, Harston Drive, Enfield, Greater London EN3 6GG2
£220K03/231.23 mi259, Maltby Drive, Enfield, Greater London EN1 4ES2
£285K01/211.24 mi167, Ordnance Road, Enfield, Greater London EN3 6AD2
£245K10/211.24 mi34, Shepley Mews, Enfield, Greater London EN3 6JP2
£250K03/231.26 mi126b, Ordnance Road, Enfield, Greater London EN3 6BU2
£250K12/221.26 mi120b, Ordnance Road, Enfield, Greater London EN3 6BU2
£300K02/211.27 miFirst Floor Maisonette, 281, Great Cambridge Road, Enfield, Greater London EN1 1SQ2
£255K03/231.28 mi43a, Ordnance Road, Enfield, Greater London EN3 6UT2
£267.5K08/211.32 mi140, Maltby Drive, Enfield, Greater London EN1 4EW2
£285K08/231.33 mi20, Bridle Close, Enfield, Greater London EN3 6EA2
£236K03/211.33 mi21, Bridle Close, Enfield, Greater London EN3 6EA2
£227.5K12/201.33 mi60, Bridle Close, Enfield, Greater London EN3 6EB2
£270K02/211.33 mi65, Bridle Close, Enfield, Greater London EN3 6EB2
£235K02/231.34 mi64, Bridle Close, Enfield, Greater London EN3 6EB2
£234.5K03/211.34 mi42, Bridle Close, Enfield, Greater London EN3 6EA2
£234.5K03/211.34 mi42, Bridle Close, Enfield, Greater London EN3 6EA2
£226K02/211.34 mi30, Bridle Close, Enfield, Greater London EN3 6EA2
£315K10/211.34 mi23, Cobham Close, Enfield, Greater London EN1 3SD2
£300K06/211.34 mi91, Cobham Close, Enfield, Greater London EN1 3SD2
£272K02/211.34 mi29, Cobham Close, Enfield, Greater London EN1 3SD2
£340K07/231.35 mi235, Southbury Road, Enfield, Greater London EN1 1QZ2
£341K05/211.38 mi13a, Turkey Street, Enfield, Greater London EN3 5TT2
£275K03/211.38 mi1, Linwood Crescent, Enfield, Greater London EN1 4UP2
£272K04/211.38 mi107, Linwood Crescent, Enfield, Greater London EN1 4UP2
£285K03/231.4 mi10, Redwood Gardens, Chingford, London, Greater London E4 7NZ2
£137.5K12/201.4 mi14, Redwood Gardens, Chingford, London, Greater London E4 7NZ2
£260K06/211.41 miFlat 7, Constable House, Ayley Croft, Enfield, Greater London EN1 1XX2

Local Rents

33 rents from £1.5K/mo to £4K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,60005/240.07 mi-2
£1,60005/240.07 mi-2
£1,70002/250.07 mi-2
£1,60005/240.07 miAnemone Court, Enfield, EN32
£1,70004/240.08 miAmethyst Court, Enstone Road, Enfield2
£1,85004/240.08 miAvondale Crescent, Enfield, EN32
£1,65003/250.27 mi-2
£1,70003/240.3 mi-2
£1,85003/250.3 mi-2
£1,70003/240.3 miWaterlea House, Enfield, EN32
£1,70005/240.31 mi-2
£1,65004/240.36 miRossmore Close, Enfield, EN32
£2,00003/250.43 mi-2
£1,90002/250.44 mi-2
£1,52503/240.45 mi-2
£4,00005/240.45 mi-2
£1,65004/240.46 miBowood Road, Enfield, EN32
£1,92505/240.46 miDuck Lees Lane, Enfield2
£1,50003/240.46 miScotland Green Road North, Enfield, Middlesex, EN32
£2,20005/240.5 mi2 bed, Ground Floor Organdie at Quail Court in Elements2
£1,88005/240.5 mi1 bed, Fourth Floor Titanium at Quail Court in Elements2
£1,80004/240.5 miNags Head Road, Enfield, EN32
£1,80005/240.5 mi-2
£1,60004/240.52 miGreen Street2
£1,80005/240.52 mi-2
£1,85012/240.52 mi-2
£2,00003/250.53 mi-2
£1,70002/250.54 mi-2
£1,65004/240.55 miDurants Road, Enfield, EN32
£1,75003/250.56 mi-2
£1,82003/250.58 mi-2
£1,80005/240.58 mi-2
£1,65003/240.61 miGlenloch Road, Enfield, Middlesex, EN32

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

2.79 miles away

Nearest school

0.20 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £274,950

November 20, 2024

Floor Plans

Description

  • Balcony +
  • Laminate Flooring +
  • En-suite shower Room/wc +

Lords Property is pleased to offer this 2 bedroom top floor flat for sale in Enfield, EN3.

Currently rented with good rental return of £1,650 PCM. A very bright and spacious 2 bedroom & 2 bathroom purpose built top floor flat in modern block with luxury fitted kitchen & attractive lounge with double glazed french doors to balcony. The property is double glazed, is heated by economy 7 heaters & has the benefit of one allocated parking space.

Good opportunity for first time buyers, or suitable for buy to let investors. The property is situated within walking distance of Brimsdown Train Station with fast services into London, as well as near bus services and easy access to all local amenities.

Also easy access to the A406, A10 and the M25.

There are communal grounds and gardens and an entryphone system as well as A long lease.

Reception Room with Laminate Flooring, Economy 7 Heater, Double Glazed French Doors Leading to balcony.

Fitted Kitchen:

Bedroom 1

Double Glazed Window, Economy 7 Heater.

En-Suite Shower Room/Wc

Modern Shower Room with Walk in Shower Cubicle, Pedestal Wash Hand Basin with Mixer Taps, Low Flush WC., Half Tiled Walls, Vinyl Flooring.

Bedroom 2:

Double Glazed Window, Economy 7 Heater.

Modern Bathroom:

Panelled Bath with Mixer Tap & Shower Attachment, Pedestal Wash Hand Basin with Mixer Taps, Low Flush WC., Part Tiled Walls, Extractor Fan, Heater Towel Rail.

Available now to view.

Agent Details

Lords Property, Enfield

020 3838 0925

Next Steps?

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