3 Bed Terraced House, Refurb/BRRR, Enfield, EN1 4TY, £429,950

St Georges Road, Enfield, EN1 4TY - 7 views - 4 months ago

Refurb/BRRR
ROI: 1%
~93 m²
+19 photos

ValuationFair Value

Sold Prices£373K - £660K
Sold Prices/m²£4.2K/m² - £6.9K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£434,250

 

 

End Value (After Refurb)

£529,768

Uplift in Value

+23%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£107,488

Stamp Duty & Legal Fees

£23,096

Refurb Costs

£49,200

Bridging Loan Interest

£11,286

Total Cash In

£192,820

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£529,768

Mortgage (After Refinance)

£397,326

Mortgage LTV

75%

Cash Released

£74,863

Cash Left In

£117,956

Equity

£132,442

Rent Range

£1,995 - £2,750

Rent Estimate

£2,250

Running Costs/mo

£2,126

Cashflow/mo

£124

Cashflow/yr

£1,494

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £373K to £660K, average is £495K. £4.2K/m² to £6.9K/m², average is £5.9K/m².

PriceDateDistanceAddressBeds 
£495K11/200.01 mi9, St Georges Road, Enfield, Greater London EN1 4TY3
£532.5K05/230.05 mi60, Russell Road, Enfield, Greater London EN1 4TW3
£500K06/210.05 mi69, Goat Lane, Enfield, Greater London EN1 4UA3
£520K04/210.07 mi41, Russell Road, Enfield, Greater London EN1 4TN3
£515K03/210.13 mi383, Carterhatch Lane, Enfield, Greater London EN1 4AN3
£442K04/210.18 mi28, Mahon Close, Enfield, Greater London EN1 4DG3
£430K05/230.19 mi14, Mahon Close, Enfield, Greater London EN1 4DF3
£412K04/210.19 mi5, Mahon Close, Enfield, Greater London EN1 4DF3
£450K12/200.24 mi11, Ridler Road, Enfield, Greater London EN1 3RB3
£465K04/210.24 mi4, Ridler Road, Enfield, Greater London EN1 3RB3
£478.5K12/200.26 mi113, Kenilworth Crescent, Enfield, Greater London EN1 3RG3
£470K11/220.27 mi2, Meyer Green, Enfield, Greater London EN1 4NG3
£427.5K11/200.29 mi435, Baker Street, Enfield, Greater London EN1 3QY3
£515K09/210.31 mi101, Kenilworth Crescent, Enfield, Greater London EN1 3RF3
£535K03/210.31 mi3, Eastbury Avenue, Enfield, Greater London EN1 3NJ3
£523K09/210.33 mi38, Burnham Close, Enfield, Greater London EN1 3RA3
£449K12/220.35 mi446, Baker Street, Enfield, Greater London EN1 3QU3
£410K03/230.36 mi40, Carisbrook Close, Enfield, Greater London EN1 3NB3
£493K07/210.36 mi405, Baker Street, Enfield, Greater London EN1 3QZ3
£550K10/220.36 mi126, Linden Gardens, Enfield, Greater London EN1 4EA3
£524K03/210.36 mi269, Hoe Lane, Enfield, Greater London EN1 4JL3
£470K04/210.37 mi278, Ladysmith Road, Enfield, Greater London EN1 3AF3
£547K10/210.38 mi31, Carisbrook Close, Enfield, Greater London EN1 3NA3
£420K05/210.38 mi38, Tynemouth Drive, Enfield, Greater London EN1 4LS3
£430K03/210.4 mi49, Linden Gardens, Enfield, Greater London EN1 4DU3
£500K10/200.4 mi132, Tenniswood Road, Enfield, Greater London EN1 3HE3
£436K12/200.41 mi3, Kenilworth Crescent, Enfield, Greater London EN1 3RD3
£540K01/210.41 mi2, Kenilworth Crescent, Enfield, Greater London EN1 3RD3
£470K12/200.41 mi102, Linden Gardens, Enfield, Greater London EN1 4DX3
£625K12/220.42 mi98, Tenniswood Road, Enfield, Greater London EN1 3HE3
£600K07/230.42 mi128, Tenniswood Road, Enfield, Greater London EN1 3HE3
£485K03/230.43 mi92, Tynemouth Drive, Enfield, Greater London EN1 4LT3
£480K10/220.43 mi65a, Severn Drive, Enfield, Greater London EN1 4LX3
£660K10/220.43 mi95, Willow Road, Enfield, Greater London EN1 3BP3
£485K01/210.43 mi25, Canonbury Road, Enfield, Greater London EN1 3LW3
£578K11/200.43 mi22, Canonbury Road, Enfield, Greater London EN1 3LW3
£620K06/230.44 mi143, Tenniswood Road, Enfield, Greater London EN1 3LU3
£373K02/210.44 mi1041, Great Cambridge Road, Enfield, Greater London EN1 4DA3
£450K04/210.45 mi945, Great Cambridge Road, Enfield, Greater London EN1 4BY3
£495K03/210.48 mi179, Carterhatch Lane, Enfield, Greater London EN1 4BJ3
£465K03/210.49 mi907, Great Cambridge Road, Enfield, Greater London EN1 4BX3
£420K02/210.49 mi17, Severn Drive, Enfield, Greater London EN1 4LU3
£605K10/220.49 mi106, Willow Road, Enfield, Greater London EN1 3AY3
£645K12/200.49 mi108, Clay Hill, Enfield, Greater London EN2 9AW3
£510K07/230.5 mi19, Connaught Avenue, Enfield, Greater London EN1 3BE3
£520K11/210.51 mi97, Willow Road, Enfield, Greater London EN1 3BP3
£404K06/230.51 mi147, Willow Road, Enfield, Greater London EN1 3BP3
£550K01/210.52 mi23, Carnarvon Avenue, Enfield, Greater London EN1 3DX3
£500K02/230.53 mi219, Ladysmith Road, Enfield, Greater London EN1 3AQ3
£515K12/210.53 mi5, Sandringham Close, Enfield, Greater London EN1 3JJ3

Local Rents

17 rents from £2K/mo to £2.8K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,75005/240.07 mi-3
£2,40001/240.1 mi-3
£2,75005/240.12 miForty Hill, ENFIELD3
£2,15003/240.26 miKenilworth Crescent, Enfield, Middlesex, EN13
£2,00004/240.26 miOrchard Crescent, ENFIELD3
£2,10003/250.3 mi-3
£2,45003/250.39 mi-3
£2,45003/250.39 mi-3
£2,45003/250.39 mi-3
£2,00003/240.43 miCanonbury Road 3
£2,00003/240.48 miGreat Cambridge Road, Enfield, EN13
£2,50001/250.52 mi-3
£2,25004/240.53 miGreat Cambridge Road, Enfield, Middlesex, EN13
£2,02502/250.54 mi-3
£2,70002/250.6 mi-3
£1,99504/240.62 miConnaught Avenue, Enfield, Middlesex, EN13
£1,99504/240.62 miConnaught Avenue, Enfield, Middlesex, EN13

Local Area Statistics

Population in EN1

45,671

Population in Enfield

130,248

Town centre distance

1.77 miles away

Nearest school

0.20 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £429,950

December 18, 2024

Floor Plans

Description

  • FIRST VIEWINGS ON SATURDAY 4th JAN - Register your interest +
  • Modernisation opportunity in this desirable neighbourhood +
  • 3 bedrooms +
  • South-West Garden +
  • Garage at rear of garden +
  • Ground Floor WC +
  • Forty Hill amenities at hand +
  • Two nearby schools both rated 'Outstanding' +
  • Excellent railway & road links +
  • Contact Woodhouse today +

**First viewings on SATURDAY 4th JANUARY.  Contact us today to register your interest for this day or for when you're available. ** Woodhouse are pleased to offer with NO ONWARD this 3-bedroom house, ripe for modernising to your own tastes.  On the ground floor, the property comprises of a through-lounge, kitchen and WC.  To the first floor, three bedrooms and family bathroom.  Externally to the rear, there is a South-West facing garden (therefore lots of sunlight of an evening).  There is also a Garage to the rear of the garden.  This house is in the heart of the ever-desirable and idyllic Forty Hill area in North Enfield.  Lots of shops and amenities nearby - including Whitewebbs Ancient Woodlands for tranquil walks, lake, farmers market, theatre and local eateries.  The A10 and Enfield Town shops also bring further choices. There are also two primary schools nearby, Forty Hall CoE and Worcesters, which have both been rated as 'Outstanding'. Transport links are also excellent.  Within a mile radius there are 3 railway stations: Enfield Town, Gordon Hill and Turkey Street.  Road links include proximity to the A10, A406 and the M25.  Contact Woodhouse today to come and see for yourself what this house has to offer you!

Agent Details

Woodhouse, Cheshunt

01992 662281

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪