2 Bed Flat, Single Let, Enfield, EN1 3SE, £220,000

Sketty Road, Enfield, EN1 3SE - 2 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 8%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£112K - £520K
Sold Prices/m²£3.3K/m² - £8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£266,200
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£1,400 - £2,450

Rent Estimate

£1,438

Running Costs/mo

£995

Cashflow/mo

£443

Cashflow/yr

£5,315

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £112K to £520K, average is £333.8K. £3.3K/m² to £8K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£315K10/200.04 mi14b, Ladysmith Road, Enfield, Greater London EN1 3AA2
£325K01/230.13 mi15, Stanley Road, Enfield, Greater London EN1 1NG2
£365K11/210.16 mi27, Queens Road, Enfield, Greater London EN1 1NF2
£295K12/200.17 mi2a, Eaton Road, Enfield, Greater London EN1 1NA2
£315K10/220.2 mi45, Eaton Road, Enfield, Greater London EN1 1NJ2
£305K05/210.21 mi61, Eaton Road, Enfield, Greater London EN1 1NJ2
£500K12/200.22 mi14, Riversfield Road, Enfield, Greater London EN1 3DJ2
£276K07/230.22 mi95, Beresford Gardens, Enfield, Greater London EN1 1NP2
£460K08/230.25 mi18, Falmer Road, Enfield, Greater London EN1 1PY2
£350K06/230.25 mi12, Calder Close, Enfield, Greater London EN1 3TS2
£384K03/210.26 mi80a, Cecil Avenue, Enfield, Greater London EN1 1PP2
£350K06/210.29 mi35, Beresford Gardens, Enfield, Greater London EN1 1NN2
£350K04/210.33 mi49a, Chalkwell Park Avenue, Enfield, Greater London EN1 2AN2
£300K06/210.34 mi91, Cobham Close, Enfield, Greater London EN1 3SD2
£272K02/210.34 mi29, Cobham Close, Enfield, Greater London EN1 3SD2
£315K10/210.34 mi23, Cobham Close, Enfield, Greater London EN1 3SD2
£375K05/210.34 mi41, St Andrews Road, Enfield, Greater London EN1 3UA2
£263K05/230.4 mi4, Camberley Avenue, Enfield, Greater London EN1 2AR2
£340K07/230.4 mi235, Southbury Road, Enfield, Greater London EN1 1QZ2
£335K04/210.48 mi8a, Graeme Road, Enfield, Greater London EN1 3UX2
£348K12/220.51 mi110a, Baker Street, Enfield, Greater London EN1 3EZ2
£307.5K04/210.56 mi52, Pevensey Avenue, Enfield, Greater London EN1 3HT2
£250K06/210.56 mi44, Roman Way, Enfield, Greater London EN1 1EQ2
£352.5K11/220.58 miFlat 14, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY2
£385K12/200.58 miFlat 22, Austin Court, Village Road, Enfield, Greater London EN1 2DY2
£365K02/210.58 miFlat 2, Austin Court, Village Road, Enfield, Greater London EN1 2DY2
£300K02/210.58 miFirst Floor Maisonette, 281, Great Cambridge Road, Enfield, Greater London EN1 1SQ2
£365K03/230.58 miFlat 27, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY2
£350K10/220.59 miFlat 20, Cheviot Court, Cheviot Close, Enfield, Greater London EN1 3UY2
£420K06/210.59 mi30a, Little Park Gardens, Enfield, Greater London EN2 6PG2
£341K04/210.6 mi116, Gordon Road, Enfield, Greater London EN2 0QB2
£341K04/210.6 mi116, Gordon Road, Enfield, Greater London EN2 0QB2
£300K04/210.6 mi171, Gordon Road, Enfield, Greater London EN2 0QB2
£332.5K11/210.61 miFlat 13, Chapel Court, St Marks Road, Enfield, Greater London EN1 1DT2
£340K08/210.62 mi35b, St Marks Road, Enfield, Greater London EN1 1BG2
£295K06/210.65 mi11, Weston Road, Enfield, Greater London EN2 0QD2
£320K12/200.65 mi2, Weston Road, Enfield, Greater London EN2 0QD2
£297K03/210.65 mi13, Weston Road, Enfield, Greater London EN2 0QD2
£325K10/200.67 miFlat 13, Chapel Court, St Marks Road, Enfield, Greater London EN1 1DT2
£112K01/230.7 mi70, Parsonage Lane, Enfield, Greater London EN2 0AH2
£360K11/220.71 mi105, Uvedale Road, Enfield, Greater London EN2 6HD2
£275K03/210.72 mi1, Linwood Crescent, Enfield, Greater London EN1 4UP2
£272K04/210.72 mi107, Linwood Crescent, Enfield, Greater London EN1 4UP2
£412.5K01/210.74 mi4, Windmill Hill, Enfield, Greater London EN2 6SA2
£348K02/230.74 mi11, Mortimer Drive, Enfield, Greater London EN1 2LH2
£342K03/210.75 mi76, Inverness Avenue, Enfield, Greater London EN1 3NU2
£520K05/210.76 mi75a, Chase Side, Enfield, Greater London EN2 6NL2
£297.5K02/210.76 mi33, Winchester Close, Enfield, Greater London EN1 2ES2
£270K04/210.76 mi17, Orton Grove, Enfield, Greater London EN1 4UE2
£290K11/220.76 mi24, Orton Grove, Enfield, Greater London EN1 4UE2

Local Rents

50 rents from £1.4K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,50003/240.02 miSketty Road, Enfield, EN12
£1,50003/240.02 miSketty Road, Enfield, EN12
£1,40003/240.02 miSketty Road, Enfield, EN12
£1,40003/240.02 miSketty Road, Enfield, EN12
£1,55012/240.23 mi-2
£1,60003/240.24 mi-2
£1,65005/240.26 miBeresford Gardens, Enfield, EN12
£1,75003/250.29 mi-2
£1,85002/250.3 mi-2
£1,75003/240.3 miColman Parade, Southbury Road, Enfield, EN12
£1,75005/240.3 miColman Parade, Southbury Road, Enfield, EN12
£1,85002/250.32 mi-2
£1,95003/240.33 miDowns Road, ENFIELD2
£1,75003/250.34 mi-2
£1,60003/240.35 miGenotin Road, Enfield Town2
£1,85004/240.36 miPercival Road, Enfield, London EN12
£2,00003/240.36 miPercival Road, Enfield, EN12
£1,75003/240.36 miGenotin Terrace, Enfield2
£1,67504/240.38 miGenotin Terrace, Enfield2
£1,75003/240.39 miTower Point, Sydney Road, Enfield2
£1,55003/240.4 miWoodfield Close, EN12
£1,82503/240.46 miRedwood House, Enfield, EN22
£1,69403/240.47 miBaker Street, Enfield,2
£1,70003/240.47 miBaker Street, Enfield2
£1,80004/240.47 miLondon Road, London, EN22
£2,10003/240.48 miSydney Road, Enfield Town, EN22
£1,75003/240.48 miTower Point, Sydney Road, EN22
£2,45004/240.48 miTower Point, 52 Sydney Road, Enfield, London, EN22
£1,60004/240.48 miTower Point, EN22
£1,60005/240.48 miTower Point, EN22
£1,50003/250.48 mi-2
£1,75003/240.49 miSydney Road, London, EN22
£1,90003/240.49 miBertram Road, Enfield2
£1,80012/240.49 mi-2
£1,80002/240.49 mi-2
£1,80012/240.49 mi-2
£1,95003/250.5 mi-2
£1,75003/250.5 mi-2
£1,60004/240.5 mi69 London Road, Enfield2
£2,00004/240.5 miBurleigh Way, Enfield2
£1,90004/240.5 miBurleigh Way, Enfield, EN22
£2,06204/240.5 miVillage Road, Bush Hill Park, Enfield, EN12
£1,65004/240.5 miChurch Street, Enfield Town EN22
£1,89804/240.51 miBurleigh Way, Enfield, EN22
£2,00003/240.51 miBurleigh Way, Enfield, EN22
£2,00004/240.51 miBurleigh Way, Enfield2
£1,90005/240.51 miBurleigh Way, Enfield, EN22
£2,00004/240.51 mi-2
£2,00002/240.51 mi-2
£2,20005/240.52 mi-2

Local Area Statistics

Population in EN1

45,671

Population in Enfield

130,248

Town centre distance

1.14 miles away

Nearest school

0.20 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £220,000

January 15, 2025

Floor Plans

Description

  • FIRST FLOOR FLAT - OFFERED CHAIN FREE +
  • TWO GOOD SIZED BEDROOMS +
  • RECEPTION ROOM +
  • GALLEY KITCHEN & BATHROOM/WC +
  • DIRECT ACCESS TO SHARED GARDEN +
  • LONG LEASE +
  • SHORT WALK FROM ENFIELD TOWN & MAIN LINE STATION +
  • WITHIN EASY REACH OF MOTORWAY LINKS +
  • CLOSE TO RETAIL PARKS, SPORTS & LEISURE FACILITIES +
  • AN IDEAL FIRST TIME PURCHASE OR INVESTMENT OPPORTUNITY +

James Hayward present this two-bedroom first-floor flat offering an excellent opportunity for both first-time buyers and investors alike. Spanning a comfortable 473 square feet, this conversion flat is offered chain-free, allowing for a smooth and hassle-free purchase.

The flat features two well-proportioned bedrooms, ideal for accommodating family or guests, a galley kitchen and bathroom

One of the standout features of this property is the direct access to a shared garden, providing a delightful outdoor space for enjoying the fresh air or hosting summer gatherings. The flat's location is particularly advantageous, as it is situated close to Enfield Town, where you can find a variety of shops, restaurants, and amenities. Additionally, the main line station is within easy reach, making commuting to central London a breeze.

With a long lease in place, this flat offers peace of mind for future living or investment. Whether you are looking to settle down in a vibrant community or seeking a promising rental opportunity, this property on Sketty Road is certainly worth considering. Don't miss your chance to make this lovely flat your new home.

A two bedroom, first floor flat offered chain free, with a long lease. The property requires some updating but is ideally situated within walking distance of Enfield Town centre, the main line station, sports & leisure facilities and motorway links.

Agent Details

James Hayward, Enfield

020 3835 3591

Next Steps?

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