2 Bed Flat, Single Let, Enfield, EN2 8PB, £350,000

The Ridgeway, Enfield, EN2 8PB - 3 months ago

Leasehold
BTL
ROI: 2%
~62 m²
+8 photos

ValuationFair Value

Sold Prices£250K - £665K
Sold Prices/m²£4.4K/m² - £6.7K/m²

 

 

Square Metres

~61.78 m²
Price/m²£5.7K/m²

Value Estimate

£352,260

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Total Cash In

£111,200

 

 

Cash Out

 

Rent Range

£1,400 - £2,695

Rent Estimate

£1,600

Running Costs/mo

£1,434

Cashflow/mo

£166

Cashflow/yr

£1,995

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £250K to £665K, average is £321K. £4.4K/m² to £6.7K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£320K01/210.01 mi27a, The Ridgeway, Enfield, Greater London EN2 8PB2
£320K04/210.12 mi9, Canford Close, Enfield, Greater London EN2 8QN2
£412.5K07/230.13 mi11, Hermitage Close, Enfield, Greater London EN2 8EL2
£319K10/200.14 miFlat 14, Pinewood Court, Bycullah Road, Enfield, Greater London EN2 8EG2
£325K03/210.17 mi91, Chase Green Avenue, Enfield, Greater London EN2 8EN2
£360K04/210.17 mi5d, Glebe Avenue, Enfield, Greater London EN2 8NZ2
£345K11/200.22 mi4, Millers Green Close, Enfield, Greater London EN2 7BD2
£290K08/210.24 miFlat 73, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£250K03/210.24 miFlat 16, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£260K08/210.24 miFlat 50, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£280K01/230.24 miFlat 85, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£395K06/210.25 mi9, Mcadam Drive, Enfield, Greater London EN2 8PS2
£367K05/230.25 mi27, Monks Close, Enfield, Greater London EN2 8DZ2
£364K09/210.26 mi27b, Chase Green Avenue, Enfield, Greater London EN2 8EA2
£257K01/230.27 mi67b, Windmill Hill, Enfield, Greater London EN2 7AF2
£360K06/230.27 mi10, Englefield Close, Enfield, Greater London EN2 7QD2
£360K10/200.29 mi18, Chase Ridings, Enfield, Greater London EN2 7QF2
£395K12/200.29 mi22, Chase Ridings, Enfield, Greater London EN2 7QF2
£365K06/230.29 mi31, Chase Ridings, Enfield, Greater London EN2 7QF2
£347.5K02/230.3 mi13, West Bank, Enfield, Greater London EN2 8DU2
£420K04/230.31 mi29, Florence Drive, Enfield, Greater London EN2 8DG2
£565K12/200.33 miFlat 2, Mountford House, Crescent Road, Enfield, Greater London EN2 7BL2
£317.5K03/230.36 mi73, Crofton Way, Enfield, Greater London EN2 8HR2
£295K03/230.36 mi48, Waverley Road, Enfield, Greater London EN2 7AQ2
£340K12/200.37 mi46, Waverley Road, Enfield, Greater London EN2 7AQ2
£315K03/230.37 mi52, John Gooch Drive, Enfield, Greater London EN2 8HG2
£300K01/210.37 mi60, John Gooch Drive, Enfield, Greater London EN2 8HG2
£500K06/230.37 miFlat 13, Claremont Heights, Crescent Road, Enfield, Greater London EN2 7RY2
£360K10/220.38 mi58, Crofton Way, Enfield, Greater London EN2 8HS2
£338K11/220.38 mi64, Crofton Way, Enfield, Greater London EN2 8HS2
£310K12/220.39 mi1, Woodridge Close, Enfield, Greater London EN2 8HJ2
£285K03/210.4 mi53, Gladbeck Way, Enfield, Greater London EN2 7EL2
£315K03/210.4 mi6, Woodridge Close, Enfield, Greater London EN2 8HJ2
£316K01/230.4 mi2, Woodridge Close, Enfield, Greater London EN2 8HJ2
£315K03/210.4 mi6, Woodridge Close, Enfield, Greater London EN2 8HJ2
£665K06/210.42 mi31, The Coppice, Enfield, Greater London EN2 7BX2
£297K06/210.43 mi4, Kirkland Drive, Enfield, Greater London EN2 0RT2
£412.5K01/210.45 mi4, Windmill Hill, Enfield, Greater London EN2 6SA2
£520K05/210.46 mi75a, Chase Side, Enfield, Greater London EN2 6NL2
£297.5K02/210.47 mi123, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£328K12/200.47 mi155, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£305K03/210.47 mi175, Gladbeck Way, Enfield, Greater London EN2 7EW2
£315K10/200.48 mi17b, Links Side, Enfield, Greater London EN2 7QT2
£340K11/220.48 mi19, Links Side, Enfield, Greater London EN2 7QT2
£315K08/210.49 mi107, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£320K11/220.49 mi115, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£303K10/210.49 mi129, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£290K10/200.51 mi26, Holtwhite Avenue, Enfield, Greater London EN2 0RS2
£322K04/210.56 mi96a, Gordon Hill, Enfield, Greater London EN2 0QS2
£402K04/210.57 mi3, Shooters Road, Enfield, Greater London EN2 8RN2

Local Rents

50 rents from £1.4K/mo to £2.7K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,65004/240.04 miThe Ridgeway, London, EN22
£1,70004/240.07 mi10-12 The Ridgeway, Enfield2
£1,67504/240.09 miThe Ridgeway, Enfield, Middlesex, EN22
£1,75003/240.12 miSlades Hill, ENFIELD2
£1,65004/240.15 miThe Ridgeway, Enfield, EN22
£1,65004/240.15 miThe Ridgeway, Enfield, EN22
£1,85002/250.19 mi-2
£1,80004/240.19 miBycullah Road, ENFIELD2
£1,79504/240.19 miBycullah Court, Enfield2
£1,70003/240.2 miHelen Clare Court, Enfield, EN22
£1,79804/240.2 miUplands Park Road, Enfield EN22
£1,65004/240.21 miBycullah Road, ENFIELD2
£1,57512/230.22 mi-2
£1,75004/240.22 miMillers Green Close, ENFIELD2
£1,80004/240.22 miBycullah Road, Enfield, EN22
£1,71203/240.25 miThe Grove, Enfield EN22
£1,70003/240.25 miThe Glade, Enfield2
£1,70004/240.27 miWindmill Hill, EN22
£2,50004/240.28 miBergamot House, Rowantree Road, Enfield2
£2,50004/240.28 miBergamot House, Rowantree Road, Enfield2
£2,69503/240.29 miBergamot House, 52 Rowantree Road, Enfield, EN22
£2,69503/240.29 miBergamot House, 52 Rowantree Road, Enfield, EN22
£2,69503/240.29 miBergamot House, Enfield2
£1,85002/240.29 mi-2
£1,85003/240.29 miFlorence Drive, Enfield, EN22
£2,00003/250.3 mi-2
£1,60003/240.3 miWindmill Hill, Enfield2
£2,00003/250.3 mi-2
£1,85001/250.31 mi-2
£1,60005/240.32 miWindmill Hill, Enfield2
£1,70003/240.32 mi-2
£1,40003/240.32 miChasewood Avenue, Enfield, EN22
£1,40009/230.33 mi-2
£1,74503/240.35 miMonks Road, Winchmore Hill2
£2,00004/240.35 miMonks Road, Enfield, EN22
£1,75003/240.35 miMonks Road, EN22
£1,65005/240.36 miWaverley Road, Enfield2
£1,60005/240.36 miWaverley Road, Enfield2
£1,60005/240.36 miWaverley Road, Enfield2
£2,09703/240.36 miMonks Road, Enfield, EN22
£1,79504/240.4 miGladbeck Way, Enfield2
£1,55004/240.41 miTrinity Street, Enfield, Middlesex, EN22
£1,55002/240.41 mi-2
£1,70004/240.42 mi-2
£1,70004/240.42 mi-2
£1,90004/240.43 miSaphire Court, Enfield, EN22
£1,85003/250.44 mi-2
£1,40004/240.47 miKirkland Drive2
£1,70005/240.47 miKirkland Drive, ENFIELD2
£1,70005/240.47 miKirkland Drive, Enfield2

Local Area Statistics

Population in EN2

29,471

Population in Enfield

130,248

Town centre distance

0.52 miles away

Nearest school

0.40 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £350,000

February 16, 2025

Listed for £369,950

January 13, 2025

Floor Plans

Description

Anthony Pepe are deligted to bring to market this bright and spacious two bedroom first floor converted apartment. Located on the Ridgeway in Enfield EN2. This property offers excellent living accomodation with use of beatifully maintained communal grounds and the added benefit of residents parking. Situated in close proximity to all transport and shopping facilities of Enfied Town. Closest station being Enfield Chase EN2, offering excellent transport links into the city. Offered for sale CHAIN FREE.

Agent Details

Anthony Pepe Estate Agents, Enfield

020 8129 6052

Next Steps?

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