2 Bed Flat, Single Let, Enfield, EN3 6FE, £230,000

Tysoe Avenue, Enfield, EN3 6FE - 3 months ago

Leasehold
BTL
ROI: 8%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£193.7K - £341K
Sold Prices/m²£3.6K/m² - £5.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.4K/m²

Value Estimate

£280,600
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£1,400 - £2,150

Rent Estimate

£1,500

Running Costs/mo

£1,039

Cashflow/mo

£461

Cashflow/yr

£5,535

ROI

8%

Gross Yield

8%

Local Sold Prices

33 sold prices from £193.7K to £341K, average is £250K. £3.6K/m² to £5.7K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£234.5K03/210.18 mi42, Bridle Close, Enfield, Greater London EN3 6EA2
£234.5K03/210.18 mi42, Bridle Close, Enfield, Greater London EN3 6EA2
£226K02/210.18 mi30, Bridle Close, Enfield, Greater London EN3 6EA2
£285K08/230.18 mi20, Bridle Close, Enfield, Greater London EN3 6EA2
£236K03/210.18 mi21, Bridle Close, Enfield, Greater London EN3 6EA2
£227.5K12/200.21 mi60, Bridle Close, Enfield, Greater London EN3 6EB2
£270K02/210.21 mi65, Bridle Close, Enfield, Greater London EN3 6EB2
£235K02/230.21 mi64, Bridle Close, Enfield, Greater London EN3 6EB2
£300K04/230.29 mi40a, Allandale Road, Enfield, Greater London EN3 6SB2
£285K01/210.3 mi167, Ordnance Road, Enfield, Greater London EN3 6AD2
£250K03/230.31 mi126b, Ordnance Road, Enfield, Greater London EN3 6BU2
£250K12/220.31 mi120b, Ordnance Road, Enfield, Greater London EN3 6BU2
£250K10/200.31 mi113, Cunningham Avenue, Enfield, Greater London EN3 6LA2
£250K10/200.32 mi113, Cunningham Avenue, Enfield, Greater London EN3 6LA2
£242.5K04/230.41 mi2c, Putney Road, Enfield, Greater London EN3 6NJ2
£245K10/210.5 mi34, Shepley Mews, Enfield, Greater London EN3 6JP2
£255K03/230.52 mi43a, Ordnance Road, Enfield, Greater London EN3 6UT2
£293K11/220.55 mi5, Aldis Mews, Enfield, Greater London EN3 6YE2
£193.7K11/200.57 mi3, Polsten Mews, Enfield, Greater London EN3 6YF2
£262K03/230.59 mi10, Colt Mews, Enfield, Greater London EN3 6YH2
£285K07/230.66 mi9, Harston Drive, Enfield, Greater London EN3 6GG2
£220K01/230.68 mi36, Fisher Close, Enfield, Greater London EN3 6WQ2
£341K05/210.79 mi13a, Turkey Street, Enfield, Greater London EN3 5TT2
£250K03/210.87 mi66, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR2
£275K11/210.87 mi62, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR2
£255K01/210.87 mi22, Foundry Gate, Waltham Cross, Hertfordshire EN8 7HR2
£225K11/200.87 miFlat 3, Hardingstone Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SF2
£230K03/230.87 miFlat 21, Hardingstone Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SF2
£222K01/210.9 miFlat 30, Maple Leaf Court, Cross Road, Waltham Cross, Hertfordshire EN8 7HU2
£222K05/230.91 miFlat 6, Westminster Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SH2
£275K11/200.93 mi458, Hertford Road, Enfield, Greater London EN3 5QH2
£275K03/210.95 mi20, Riley Road, Enfield, Greater London EN3 5QB2
£270K02/210.95 mi131, Fishers Close, Waltham Cross, Hertfordshire EN8 7NN2

Local Rents

38 rents from £1.4K/mo to £2.1K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,60003/240.03 miElement House, 74 Tysoe Avenue, Enfield, Greater London, EN3 6FG2
£1,80004/240.2 miMalvern Road, Enfield Lock, EN32
£1,80005/240.2 mi-2
£1,40005/240.21 mi-2
£1,40004/240.21 mi-2
£2,15002/250.21 mi-2
£2,15002/250.21 mi-2
£2,15002/250.21 mi-2
£2,10002/250.21 mi-2
£2,10003/250.21 mi-2
£2,10003/250.21 mi-2
£1,80004/240.21 miVernon Avenue, Enfield, London, EN32
£1,89012/240.26 mi-2
£1,89512/240.26 mi-2
£1,69511/230.29 mi-2
£1,45002/250.29 mi-2
£1,55002/240.29 mi-2
£1,85002/250.3 mi-2
£1,85001/250.3 mi-2
£1,50005/240.31 miVelocity Way, Franklin House, EN32
£1,60003/240.31 miCunningham Avenue, Enfield2
£1,80001/250.34 mi-2
£1,65005/240.36 miWestonia Court, Hertford Road Enfield2
£1,99504/240.37 mi-2
£1,90010/240.37 mi-2
£1,90011/240.37 mi-2
£1,50003/240.42 mi-2
£1,95004/240.42 miRaynton Road, Enfield, EN32
£1,70003/240.49 miKing Henrys Mews, Enfield2
£1,60004/240.49 miBeaconsfield Road, Enfield2
£1,85011/240.5 mi-2
£1,50004/240.5 miShepley Mews, Enfield2
£1,95004/240.51 mi-2
£1,95003/240.51 mi-2
£1,60012/230.54 mi-2
£1,60003/240.61 miWebley Court, Enfield, EN32
£1,50004/240.61 mi-2
£1,60011/240.61 mi-2

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

3.47 miles away

Nearest school

0.10 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £230,000

January 2, 2025

Floor Plans

Description

  • Access into Tottenham Hale & London Liverpool Street +
  • An Ideal First-Time Buy or a Buy-To-Let Opportunity +
  • Offered With No Onward Chain +
  • Low Lease - 77 Years Remaining +
  • Communal Grounds & Residential Parking +
  • 7ft Fitted Bathroom Suite +
  • 7ft Fitted Kitchen +
  • Double Glazing & Electric Heating +
  • 18ft Lounge/Diner & Juliet Balcony +
  • Two Double Bedrooms +

EQUITY ESTATE AGENTS are delighted to offer this Two-Bedroom TOP FLOOR FLAT to the Market on a CHAIN-FREE BASIS. This would make an ideal BUY-TO-LET INVESTMENT or FIRST-TIME BUYER. The property is situated within the ENFIELD LOCK LOCATION, which is proximity to Local Shops, Amenities, Turkey Street & Enfield Lock Train Station which both have great access to Tottenham Hale & London Liverpool Street.

Benefits include a Security Entryphone System, a Large Entrance Hallway with a Storage Cupboard, an 18ft Lounge with access to a Juliet Balcony, an 8ft Fitted Kitchen, Two Double Bedrooms, Fitted Wardrobe in the Master Bedroom, Family Bathroom Suite, Double Glazing, Electric Heating, Communal Grounds, and Residential Parking (Not Allocated). In Need of Minor Refurbishment and Offered Chain Free.

Agent Details

Equity Estate Agents, Enfield

020 3908 8521

Next Steps?

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