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

Bycullah Road, London, EN2 8ED - 3 months ago

Leasehold
BTL
ROI: 2%
~70 m²
+3 photos

ValuationUndervalued

Sold Prices£112K - £665K
Sold Prices/m²£4.4K/m² - £6.7K/m²

 

 

Square Metres

~69.96 m²
Price/m²£5K/m²

Value Estimate

£402,339
BMV15%

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 £112K to £665K, average is £321K. £4.4K/m² to £6.7K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£412.5K07/230.06 mi11, Hermitage Close, Enfield, Greater London EN2 8EL2
£319K10/200.08 miFlat 14, Pinewood Court, Bycullah Road, Enfield, Greater London EN2 8EG2
£364K09/210.12 mi27b, Chase Green Avenue, Enfield, Greater London EN2 8EA2
£325K03/210.12 mi91, Chase Green Avenue, Enfield, Greater London EN2 8EN2
£367K05/230.12 mi27, Monks Close, Enfield, Greater London EN2 8DZ2
£320K01/210.15 mi27a, The Ridgeway, Enfield, Greater London EN2 8PB2
£347.5K02/230.15 mi13, West Bank, Enfield, Greater London EN2 8DU2
£360K04/210.17 mi5d, Glebe Avenue, Enfield, Greater London EN2 8NZ2
£420K04/230.18 mi29, Florence Drive, Enfield, Greater London EN2 8DG2
£257K01/230.21 mi67b, Windmill Hill, Enfield, Greater London EN2 7AF2
£395K06/210.23 mi9, Mcadam Drive, Enfield, Greater London EN2 8PS2
£320K04/210.25 mi9, Canford Close, Enfield, Greater London EN2 8QN2
£345K11/200.29 mi4, Millers Green Close, Enfield, Greater London EN2 7BD2
£520K05/210.31 mi75a, Chase Side, Enfield, Greater London EN2 6NL2
£250K03/210.33 miFlat 16, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£260K08/210.33 miFlat 50, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£280K01/230.33 miFlat 85, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£297K06/210.33 mi4, Kirkland Drive, Enfield, Greater London EN2 0RT2
£290K08/210.34 miFlat 73, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£412.5K01/210.35 mi4, Windmill Hill, Enfield, Greater London EN2 6SA2
£565K12/200.35 miFlat 2, Mountford House, Crescent Road, Enfield, Greater London EN2 7BL2
£285K03/210.36 mi53, Gladbeck Way, Enfield, Greater London EN2 7EL2
£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
£297.5K02/210.38 mi123, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£328K12/200.38 mi155, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£290K10/200.38 mi26, Holtwhite Avenue, Enfield, Greater London EN2 0RS2
£500K06/230.39 miFlat 13, Claremont Heights, Crescent Road, Enfield, Greater London EN2 7RY2
£315K08/210.4 mi107, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£320K11/220.4 mi115, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£303K10/210.41 mi129, Kirkland Drive, Enfield, Greater London EN2 0RJ2
£360K06/230.41 mi10, Englefield Close, Enfield, Greater London EN2 7QD2
£665K06/210.42 mi31, The Coppice, Enfield, Greater London EN2 7BX2
£360K10/200.43 mi18, Chase Ridings, Enfield, Greater London EN2 7QF2
£395K12/200.43 mi22, Chase Ridings, Enfield, Greater London EN2 7QF2
£365K06/230.43 mi31, Chase Ridings, Enfield, Greater London EN2 7QF2
£112K01/230.45 mi70, Parsonage Lane, Enfield, Greater London EN2 0AH2
£305K03/210.46 mi175, Gladbeck Way, Enfield, Greater London EN2 7EW2
£322K04/210.46 mi96a, Gordon Hill, Enfield, Greater London EN2 0QS2
£310K12/220.46 mi1, Woodridge Close, Enfield, Greater London EN2 8HJ2
£317.5K03/230.47 mi73, Crofton Way, Enfield, Greater London EN2 8HR2
£315K03/210.47 mi6, Woodridge Close, Enfield, Greater London EN2 8HJ2
£316K01/230.47 mi2, Woodridge Close, Enfield, Greater London EN2 8HJ2
£315K03/210.47 mi6, Woodridge Close, Enfield, Greater London EN2 8HJ2
£360K10/220.48 mi58, Crofton Way, Enfield, Greater London EN2 8HS2
£338K11/220.48 mi64, Crofton Way, Enfield, Greater London EN2 8HS2
£420K06/210.49 mi30a, Little Park Gardens, Enfield, Greater London EN2 6PG2
£350K04/210.54 miFlat 12, John Keats Lodge, Chase Side Crescent, Enfield, Greater London EN2 0JZ2

Local Rents

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

RentDateDistanceAddressBeds 
£1,85002/250.08 mi-2
£1,80004/240.13 miBycullah Road, ENFIELD2
£1,79504/240.13 miBycullah Court, Enfield2
£1,80004/240.13 miBycullah Road, Enfield, EN22
£1,65004/240.15 miBycullah Road, ENFIELD2
£1,85002/240.15 mi-2
£1,85003/240.15 miFlorence Drive, Enfield, EN22
£1,65004/240.16 miThe Ridgeway, London, EN22
£1,67504/240.16 miThe Ridgeway, Enfield, Middlesex, EN22
£1,70004/240.17 mi10-12 The Ridgeway, Enfield2
£1,70003/240.19 mi-2
£1,70004/240.21 miWindmill Hill, EN22
£2,00003/250.22 mi-2
£1,60003/240.23 miWindmill Hill, Enfield2
£2,00003/250.23 mi-2
£1,65004/240.23 miThe Ridgeway, Enfield, EN22
£1,65004/240.23 miThe Ridgeway, Enfield, EN22
£1,70003/240.23 miHelen Clare Court, Enfield, EN22
£1,60005/240.24 miWindmill Hill, Enfield2
£1,75003/240.24 miSlades Hill, ENFIELD2
£1,74503/240.26 miMonks Road, Winchmore Hill2
£2,00004/240.26 miMonks Road, Enfield, EN22
£1,75003/240.26 miMonks Road, EN22
£1,57512/230.26 mi-2
£2,09703/240.27 miMonks Road, Enfield, EN22
£1,55004/240.27 miTrinity Street, Enfield, Middlesex, EN22
£2,50004/240.29 miBergamot House, Rowantree Road, Enfield2
£2,50004/240.29 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
£1,79804/240.29 miUplands Park Road, Enfield EN22
£1,75004/240.29 miMillers Green Close, ENFIELD2
£2,69503/240.29 miBergamot House, Enfield2
£1,55002/240.3 mi-2
£1,40003/240.31 miChasewood Avenue, Enfield, EN22
£1,90004/240.32 miSaphire Court, Enfield, EN22
£1,85003/250.34 mi-2
£1,65005/240.36 miWaverley Road, Enfield2
£1,60005/240.36 miWaverley Road, Enfield2
£1,60005/240.36 miWaverley Road, Enfield2
£1,79504/240.36 miGladbeck Way, Enfield2
£1,71203/240.37 miThe Grove, Enfield EN22
£1,40004/240.38 miKirkland Drive2
£1,70005/240.38 miKirkland Drive, ENFIELD2
£1,70005/240.38 miKirkland Drive, Enfield2
£1,75005/240.39 mi-2
£1,75005/240.39 miKirkland Drive, Enfield, EN22
£1,70004/240.39 mi-2
£1,70004/240.39 mi-2
£1,70003/240.4 miThe Glade, Enfield2

Local Area Statistics

Population in EN2

29,471

Population in Enfield

130,248

Town centre distance

0.56 miles away

Nearest school

0.30 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £350,000

January 13, 2025

Floor Plans

Description

  • 2 bedrooms +
  • First floor +
  • Residential parking +
  • Close to Enfield Chase and Gordon Hill stations +

Fullers are please to offer this spacious first floor purpose built 2-bedroom flat.

2 double bedrooms, large reception room, modern kitchen and bathroom with sperate toilet
This flat has use of communal gardens and residential parking.

Situated in the sought area between Enfield Ridgeway and Chase side within walking distance to Enfield Chase train station and within easy access to Enfield town for shopping, coffee shops and restaurants.

Agent Details

Fullers Estates, London

020 3910 6578

Next Steps?

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