4 Bed Terraced House, Planning Permission, Potters Bar, EN6 2RF, £525,000

St Vincents Way, Potters Bar, EN6 2RF - 1 views - 3 months ago

Sold STC
Planning
~129 m²
+6 photos

ValuationFair Value

Sold Prices£400K - £1.4M
Sold Prices/m²£3.7K/m² - £11.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.1K/m²

Value Estimate

£530,250

 

 

End Value (After Refurb)

£690,857

Uplift in Value

+32%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£43,700

Refurb Costs

£68,381

Bridging Loan Interest

£13,781

Total Cash In

£258,862

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£690,857

Agent Fees (1%)

£6,909

Bridging Loan

£393,750

Bridging Loan Interest

£13,781

Flip Profit

£31,336

Local Sold Prices

50 sold prices from £400K to £1.4M, average is £682.5K. £3.7K/m² to £11.9K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£460K05/210.12 mi1, Firs Lane, Potters Bar, Hertfordshire EN6 2QH4
£669K06/230.13 mi50, Hill Rise, Potters Bar, Hertfordshire EN6 2RR4
£632.5K04/210.15 mi7, Oakmere Avenue, Potters Bar, Hertfordshire EN6 5ED4
£575K02/210.22 mi3, Hill Crest, Potters Bar, Hertfordshire EN6 2RT4
£680K01/210.23 mi1, Barr Road, Potters Bar, Hertfordshire EN6 5PG4
£523.5K06/230.27 mi206, Barnet Road, Potters Bar, Hertfordshire EN6 2SE4
£465K08/220.3 mi15, Hyde Avenue, Potters Bar, Hertfordshire EN6 2PU4
£595K12/200.36 mi68, Tempest Avenue, Potters Bar, Hertfordshire EN6 5JY4
£625K02/230.36 mi63, Tempest Avenue, Potters Bar, Hertfordshire EN6 5JZ4
£525K03/210.36 mi73, Tempest Avenue, Potters Bar, Hertfordshire EN6 5JZ4
£620K07/210.36 mi163, Sunnybank Road, Potters Bar, Hertfordshire EN6 2NG4
£830K04/230.49 mi56, Sunnybank Road, Potters Bar, Hertfordshire EN6 2NL4
£640K04/210.51 mi11, Chace Avenue, Potters Bar, Hertfordshire EN6 5LX4
£960K03/230.54 mi5, Parkfield View, Potters Bar, Hertfordshire EN6 1US4
£692K12/220.57 mi66, Ladbrooke Drive, Potters Bar, Hertfordshire EN6 1QW4
£646.5K04/210.58 mi16, Highfield Way, Potters Bar, Hertfordshire EN6 1UN4
£535K03/210.6 mi41, Chace Avenue, Potters Bar, Hertfordshire EN6 5LZ4
£640K06/230.6 mi13, The Byway, Potters Bar, Hertfordshire EN6 2LN4
£840K03/230.61 mi75, Elmroyd Avenue, Potters Bar, Hertfordshire EN6 2EF4
£825K03/230.61 mi47, Elmroyd Avenue, Potters Bar, Hertfordshire EN6 2EF4
£825K05/230.61 mi53, Elmroyd Avenue, Potters Bar, Hertfordshire EN6 2EF4
£840K01/210.62 mi70, The Walk, Potters Bar, Hertfordshire EN6 1QF4
£730K06/210.62 mi100, The Walk, Potters Bar, Hertfordshire EN6 1QF4
£585K03/210.63 mi101, The Walk, Potters Bar, Hertfordshire EN6 1QJ4
£593.5K06/210.64 mi14, Richmond Road, Potters Bar, Hertfordshire EN6 1HW4
£857.5K04/210.67 mi2, Sunnybank Road, Potters Bar, Hertfordshire EN6 2NW4
£712K11/210.67 mi214, Mutton Lane, Potters Bar, Hertfordshire EN6 2AW4
£400K05/210.67 mi190, Mutton Lane, Potters Bar, Hertfordshire EN6 2AW4
£750K03/210.67 mi21, Penshurst Road, Potters Bar, Hertfordshire EN6 5JR4
£695K02/210.67 mi17, Penshurst Road, Potters Bar, Hertfordshire EN6 5JP4
£615K12/200.67 mi64, Byng Drive, Potters Bar, Hertfordshire EN6 1UH4
£738K11/210.67 mi92, Byng Drive, Potters Bar, Hertfordshire EN6 1UH4
£605K02/210.7 mi39, Torrington Drive, Potters Bar, Hertfordshire EN6 5HU4
£675K06/210.7 mi31, Penshurst Road, Potters Bar, Hertfordshire EN6 5JR4
£750K03/210.7 mi12, The Close, Potters Bar, Hertfordshire EN6 2HY4
£815K04/210.7 mi78, Billy Lows Lane, Potters Bar, Hertfordshire EN6 1XL4
£750K03/210.7 mi12, The Close, Potters Bar, Hertfordshire EN6 2HY4
£740K11/200.71 mi145, Billy Lows Lane, Potters Bar, Hertfordshire EN6 1UY4
£1.4M03/230.72 mi67, The Causeway, Potters Bar, Hertfordshire EN6 5HF4
£900K06/230.74 mi48, Oakroyd Avenue, Potters Bar, Hertfordshire EN6 2EL4
£620K04/210.75 mi2, Thaynesfield, Potters Bar, Hertfordshire EN6 5DD4
£785K08/210.75 mi45, Billy Lows Lane, Potters Bar, Hertfordshire EN6 1UX4
£685K10/210.75 mi9, Fairacres Close, Potters Bar, Hertfordshire EN6 2LT4
£675K07/230.78 mi4, Tiverton Road, Potters Bar, Hertfordshire EN6 5HY4
£805K12/200.78 mi46, Mount Grace Road, Potters Bar, Hertfordshire EN6 1RB4
£607K12/200.78 mi21, Tiverton Road, Potters Bar, Hertfordshire EN6 5HY4
£856K12/200.79 mi21, Mount Grace Road, Potters Bar, Hertfordshire EN6 1RD4
£850K03/210.8 mi9, Tavistock Close, Potters Bar, Hertfordshire EN6 5HP4
£850K03/210.8 mi9, Tavistock Close, Potters Bar, Hertfordshire EN6 5HP4
£638K06/210.83 mi26, Oakroyd Avenue, Potters Bar, Hertfordshire EN6 2EH4

Local Rents

20 rents from £1.9K/mo to £3.3K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,20004/240.21 miOakmere Avenue, Potters Bar, EN63
£3,00004/240.23 miAshwood Road, Potters Bar, Hertfordshire, EN65
£1,95004/240.25 miPowis Court, Potters Bar, EN63
£1,95012/240.25 mi-3
£2,95012/240.32 miHunter Close, Potters Bar, EN64
£2,85001/240.32 mi-4
£2,99012/240.32 mi-4
£3,09804/250.32 mi-4
£2,60004/240.33 miSalisbury Close, Potters Bar, Hertfordshire, EN64
£1,95012/240.34 mi-3
£1,95004/240.35 miMutton Lane, Potters Bar, Hertfordshire, EN63
£2,20004/240.38 miPark Avenue, Potters Bar, Hertfordshire, EN63
£2,30004/240.41 miMutton Lane, Potters Bar, EN63
£3,25004/240.41 miAlbermarle Avenue, Potters Bar5
£2,00004/240.42 miAlbemarle Avenue, Potters Bar3
£2,20004/240.43 miMelrose Avenue, Potters Bar, Hertfordshire, EN64
£2,60012/240.53 mi-3
£2,75004/240.54 miBrackendale, Potters Bar4
£2,55012/240.57 mi-4
£2,55004/240.57 miThe Byway, Potters Bar, EN64

Local Area Statistics

Population in EN6

29,067

Population in Potters Bar

29,075

Town centre distance

0.59 miles away

Nearest school

0.20 miles away

Nearest train station

0.87 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £525,000

January 13, 2025

Floor Plans

Description

  • 4 Bedroom House +
  • Chain Free +
  • 25' Living / Dining Room +
  • Potential to Extend (STPP) +
  • Off Street Parking +
  • Secluded Rear Garden +
  • Walking distance to local shops and restaurants +
  • Excellent for Owner Occupiers or Rental Investors +

* * CHAIN FREE * *

Auckland Estates are pleased to offer for sale this spacious FOUR BEDROOM Family Home, situated on a quiet residential turning within walking distance of Potters Bar High Street. The property offers bright and spacious living with a 25' LIVING/DINING ROOM, a separate kitchen with and a convenient downstairs cloakroom. The converted garage offers a 4th Bedroom.

The first floor comprises Two generously sized DOUBLE Bedrooms, a larger than average additional single Bedroom plus a modern family Bathroom, along with a large built-in storage cupboard. Externally, the property benefits from a private driveway with off-street parking for two to three vehicles and a secluded, private rear Garden.

This home offers excellent potential for further extension to the rear (subject to planning permission) and is ideally located just a few minutes' walk from Potters Bar High Street. Potters Bar Station and Darkes Lane, with a variety of shops and restaurants, are only a 15-minute walk away.

For more information and to arrange a viewing please call Auckland Estates today.

Agent Details

Auckland Estates Limited, Potters Bar

01707 241361

Next Steps?

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