6 Bed Detached House, Planning Permission, Potters Bar, EN6 4AP, £1,599,950

2 East Ridgeway, Potters Bar, Hertfordshire, EN6 4AP - 7 views - 5 months ago

Planning
~186 m²
+20 photos

ValuationOvervalued

Sold Prices£665K - £3.2M
Sold Prices/m²£3.3K/m² - £24.8K/m²

 

 

Square Metres

~186 m²
Price/m²£8.6K/m²

Value Estimate

£952,932

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£399,988

Stamp Duty & Legal Fees

£166,775

Total Cash In

£566,763

 

 

Cash Out

 

Rent Range

£1,900 - £8,500

Rent Estimate

£3,027

Running Costs/mo

£5,625

Cashflow/mo

£-2,598

Cashflow/yr

£-31,179

Gross Yield

2%

Local Sold Prices

16 sold prices from £665K to £3.2M, average is £1.5M. £3.3K/m² to £24.8K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£1.7M12/220.03 mi9a, East Ridgeway, Cuffley, Potters Bar, Hertfordshire EN6 4AW6
£1.3M11/200.04 mi9, East Ridgeway, Cuffley, Potters Bar, Hertfordshire EN6 4AW6
£748K10/200.11 mi11, Bacons Drive, Cuffley, Potters Bar, Hertfordshire EN6 4DU6
£3.1M06/230.17 mi4, The Ridgeway, Cuffley, Potters Bar, Hertfordshire EN6 4AR6
£1.8M11/220.25 mi65, Tolmers Road, Cuffley, Potters Bar, Hertfordshire EN6 4JG6
£870K09/210.42 mi18, Theobalds Road, Cuffley, Potters Bar, Hertfordshire EN6 4HQ6
£965K06/211.03 mi17, Chiltern Close, Goffs Oak, Waltham Cross, Hertfordshire EN7 5SP6
£665K03/211.59 mi9, Bloomfield Road, Cheshunt, Waltham Cross, Hertfordshire EN7 6WH6
£1.1M10/202.54 mi5, Great North Road, Brookmans Park, Hatfield, Hertfordshire AL9 6LB6
£1.3M11/222.65 mi38, Osborne Road, Potters Bar, Hertfordshire EN6 1SF6
£2.0M06/232.68 miParadise House, Park Lane Paradise, Cheshunt, Waltham Cross, Hertfordshire EN7 6PX6
£3.2M06/232.72 mi7, Georges Wood Road, Brookmans Park, Hatfield, Hertfordshire AL9 7BY6
£1.8M02/212.79 mi26, Mymms Drive, Brookmans Park, Hatfield, Hertfordshire AL9 7AF6
£980K11/202.91 mi72, Mount Grace Road, Potters Bar, Hertfordshire EN6 1QZ6
£2.0M07/222.94 mi76, Georges Wood Road, Brookmans Park, Hatfield, Hertfordshire AL9 7BU6
£2.3M05/212.95 mi70, Georges Wood Road, Brookmans Park, Hatfield, Hertfordshire AL9 7BU6

Local Rents

13 rents from £1.9K/mo to £8.5K/mo, average is £3.5K/mo.

RentDateDistanceAddressBeds 
£3,25004/240.13 miTolmers Avenue, Cuffley, Hertfordshire, EN64
£3,25004/240.19 miCuffley4
£3,50012/240.19 mi-5
£3,50012/240.19 mi-5
£4,50012/240.2 miRowbourne Place, Cuffley, Hertfordshire, EN64
£1,90003/240.32 miTolmers Road, Cuffley4
£3,99504/240.41 miBrookside Crescent, Cuffley4
£3,99504/240.41 miBrookside Crescent, Cuffley, Hertfordshire, EN64
£8,50004/240.6 miThe Ridgeway, Cuffley, Hertfordshire, EN65
£8,50004/240.64 miThe Ridgeway, Cuffley5
£4,25004/251.12 mi-4
£2,50004/251.15 mi-3
£2,99508/241.18 miNewgate Street Village, Hertford4

Local Area Statistics

Population in EN6

29,067

Population in Potters Bar

29,075

Town centre distance

2.94 miles away

Nearest school

0.60 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Price changed to £1,599,950

March 20, 2025

Price changed to £1,659,950

December 26, 2024

Listed for £1,695,500

November 27, 2024

Sold for £970,000

2010

Sold for £525,000

1999

Floor Plans

Description

  • CHARACTER PROPERTY +
  • PREMIER ROAD +
  • CARRIAGE DRIVEWAY +
  • SIX BEDROOMS +
  • SCOPE TO DEVELOP (STPP) +
  • 3 BATHROOMS +
  • CLOSE TO CUFFLEY AMENITIES +
  • VENDOR SUITED +

This detached character home, set against a striking frontage with sweeping views over Cuffley, provides well-proportioned accommodation. The property is in excellent condition and is available for sale without an onward chain. Nearby Cuffley village offers quality local schools, a mainline station with services to Kings Cross and Moorgate, and various shopping amenities.
The home features spacious accommodation, including a large reception hall, living room, dining room, family room, modern kitchen/breakfast room, utility room, a master bedroom with an en-suite, five additional bedrooms, a family bathroom, a shower room, a guest cloakroom, a garage, and secluded gardens with a sun deck to the rear and side. It also includes a carriage driveway for ample parking and represents a tranquil haven with significant potential for development, subject to planning permission.
East Ridgeway, one of the area's most sought-after roads, is located just half a mile from Cuffley High Street's facilities. The nearby mainline station offers regular commutes to Kings Cross and Moorgate.
The larger towns of Potters Bar and Barnet are a short drive away, providing outstanding educational options in both the public and private sectors, including Queenswood School for Girls, Lochinver House Boys School, Dame Alice Owens, and Queen Elizabeth Boys School.
Moments from the property is Great Wood, perfect for scenic walks. Additionally, a range of sports facilities, including tennis, golf, and horse riding, are easily accessible.

Agent Details

Banc Property, Cuffley

01707 241096

Next Steps?

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