2 Bed Flat, Single Let, Enfield, EN3 4GR, £365,000

171 South Street, Enfield, EN3 4GR - 3 months ago

Sold STC
Leasehold
BTL
75 m²
+10 photos

ValuationFair Value

Sold Prices£135K - £460K
Sold Prices/m²£2.8K/m² - £7.3K/m²

 

 

Square Metres

75 m²
Price/m²£4.9K/m²

Value Estimate

£367,347

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£91,250

Stamp Duty & Legal Fees

£25,200

Total Cash In

£116,450

 

 

Cash Out

 

Rent Range

£1,500 - £2,200

Rent Estimate

£1,500

Running Costs/mo

£1,461

Cashflow/mo

£39

Cashflow/yr

£473

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £135K to £460K, average is £275.8K. £2.8K/m² to £7.3K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£300K04/210.25 mi87b, High Street, Enfield, Greater London EN3 4EE2
£277K11/200.26 mi21, Kennedy Avenue, Enfield, Greater London EN3 4PA2
£280K09/210.35 mi49, Sandhurst Road, London, Greater London N9 8BA2
£315K06/210.35 mi99, Sandhurst Road, London, Greater London N9 8BA2
£280K10/230.35 mi57, Sandhurst Road, London, Greater London N9 8BA2
£274.5K06/210.36 mi84, Sandhurst Road, London, Greater London N9 8BJ2
£285K02/230.36 mi80, Sandhurst Road, London, Greater London N9 8BJ2
£277K03/210.36 mi70, Sandhurst Road, London, Greater London N9 8BJ2
£277K05/210.36 mi36, Sandhurst Road, London, Greater London N9 8BJ2
£255K05/210.4 mi7, Rossmore Close, Enfield, Greater London EN3 7EW2
£265K10/220.76 miFlat 18, Feldspar Court, Enstone Road, Enfield, Greater London EN3 7WR2
£248K06/210.86 mi201, St Marys Road, Edmonton, London, Greater London N9 8NR2
£260K06/210.88 miFlat 7, Constable House, Ayley Croft, Enfield, Greater London EN1 1XX2
£300K02/210.91 miFirst Floor Maisonette, 281, Great Cambridge Road, Enfield, Greater London EN1 1SQ2
£292.5K05/210.93 mi68, Green Street, Enfield, Greater London EN3 7HP2
£285K11/220.95 mi51, Osborne Road, Enfield, Greater London EN3 7RW2
£253K05/210.96 mi35, Martin Close, London, Greater London N9 8UE2
£260K02/210.98 mi9, Cuba Drive, Enfield, Greater London EN3 5BB2
£290K10/221.01 mi79, Glenloch Road, Enfield, Greater London EN3 7HL2
£260K02/211.01 mi44, Glenloch Road, Enfield, Greater London EN3 7HN2
£185K08/231.01 mi42, Glenloch Road, Enfield, Greater London EN3 7HN2
£280K09/211.03 mi50, Westmoor Road, Enfield, Greater London EN3 7LF2
£250K06/211.03 mi44, Roman Way, Enfield, Greater London EN1 1EQ2
£340K07/231.08 mi235, Southbury Road, Enfield, Greater London EN1 1QZ2
£332.5K11/211.12 miFlat 13, Chapel Court, St Marks Road, Enfield, Greater London EN1 1DT2
£340K08/211.13 mi35b, St Marks Road, Enfield, Greater London EN1 1BG2
£315K10/211.16 mi23, Cobham Close, Enfield, Greater London EN1 3SD2
£300K06/211.16 mi91, Cobham Close, Enfield, Greater London EN1 3SD2
£272K02/211.16 mi29, Cobham Close, Enfield, Greater London EN1 3SD2
£225K04/211.17 mi32, Buxton Close, London, Greater London N9 0XL2
£240K04/211.19 mi30, Pentland Close, London, Greater London N9 0XN2
£240K04/211.19 mi30, Pentland Close, London, Greater London N9 0XN2
£322K01/231.19 mi10, Bridge Close, Enfield, Greater London EN1 4LH2
£240K10/231.21 mi96, Hudson Way, Edmonton, London, Greater London N9 0XG2
£248K05/211.21 mi114, Hudson Way, London, Greater London N9 0XG2
£240K10/221.21 mi6, Hennessy Road, London, Greater London N9 0XQ2
£257K10/221.22 mi14, Hennessy Road, London, Greater London N9 0XQ2
£247.5K06/211.25 mi21, Hennessy Road, London, Greater London N9 0XA2
£285K03/231.25 mi10, Redwood Gardens, Chingford, London, Greater London E4 7NZ2
£137.5K12/201.25 mi14, Redwood Gardens, Chingford, London, Greater London E4 7NZ2
£222.5K10/201.27 mi119, Croyland Road, London, Greater London N9 7BH2
£304K02/231.31 miFlat 32, Stonehill Court, Markfield Gardens, London, Greater London E4 7NS2
£384K03/211.32 mi80a, Cecil Avenue, Enfield, Greater London EN1 1PP2
£226K01/211.34 mi124, Croyland Road, London, Greater London N9 7BD2
£257K06/231.36 mi55, Stainton Road, Enfield, Greater London EN3 5JP2
£320K04/211.36 mi9, Markfield Gardens, London, Greater London E4 7NN2
£135K11/221.39 mi46, Stainton Road, Enfield, Greater London EN3 5JS2
£460K08/231.4 mi18, Falmer Road, Enfield, Greater London EN1 1PY2
£280K02/231.44 mi89, Church Lane, London, Greater London N9 9QA2
£262.5K04/211.45 mi62, Milestone Close, London, Greater London N9 9GA2

Local Rents

24 rents from £1.5K/mo to £2.2K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,87503/240.05 mi-2
£1,85003/240.11 mi2 Bed, 3rd Floor Zinc at Cape Court in Elements2
£1,82003/250.19 mi-2
£2,00003/250.24 mi-2
£1,80005/240.29 mi-2
£1,80004/240.29 miNags Head Road, Enfield, EN32
£1,50003/240.33 miScotland Green Road North, Enfield, Middlesex, EN32
£1,80012/240.33 mi-2
£1,52503/240.34 mi-2
£2,20005/240.34 mi2 bed, Ground Floor Organdie at Quail Court in Elements2
£1,88005/240.34 mi1 bed, Fourth Floor Titanium at Quail Court in Elements2
£1,75005/240.34 mi-2
£1,60002/240.35 mi-2
£1,80004/240.35 miClarence Road, Enfield, EN32
£1,80007/240.36 miSandhurst Road, Edmonton, N92
£1,50005/240.36 miSandhurst Road, London2
£1,65004/250.37 mi-2
£1,65004/240.41 miRossmore Close, Enfield, EN32
£1,65004/240.43 miDurants Road, Enfield, EN32
£1,92505/240.44 miDuck Lees Lane, Enfield2
£1,80004/250.48 mi-2
£1,60003/240.48 miDerby Road, London, EN32
£1,75004/250.53 mi-2
£1,67505/240.59 mi-2

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

2.45 miles away

Nearest school

0.10 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Price changed to £365,000

February 20, 2025

Listed for £375,000

January 3, 2025

Floor Plans

Description

KINGS GROUP OFFER a Modern Living at Fairfield House. Step into a world of elegance with this exquisite two-bedroom flat, nestled in the prestigious development. Boasting a contemporary design and an abundance of space, this property is the epitome of modern comfort.

Key Features

*Open Plan Living - A luminous kitchen/reception area, perfect for entertaining guests or enjoying quiet evenings at home.
*Private Balcony - With serene views.
*Two Double Bedrooms- Each room offers ample space, with the main bedroom featuring a fitted wardrobe and expansive windows for natural light.
*Luxury Amenities - Enjoy the convenience of a lift, video entry system, and a secure, welcoming community.

*Close Proximity to all local shops & Amenities.
*Ponders End Station - A stone throw walk away, whisking you to London Liverpool Street in 20 minutes and Tottenham Hale in 5 minutes.
*Connectivity - Easy access to the Victoria line, Stansted Express, and the anticipated Crossrail 2.

*Shops, Eateries, and More Discover local boutiques, cosy cafes, reputable schools, and parks all within close proximity.

BUYERS INFORMATION
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £50 plus VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.

243-year lease.
Service charge at £2350 PA
Ground rent at £300 PA
Standard construction - Brick and tiled.
Council Tax Band C

Agent Details

Kings Group, Enfield Highway

020 3879 5588

Next Steps?

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