3 Bed Terraced House, Single Let, Enfield, EN2 8QJ, £685,000

The Ridgeway, Enfield, EN2 8QJ - 1 views - 3 months ago

Leasehold
BTL
~93 m²
+17 photos

ValuationOvervalued

Sold Prices£402K - £870K
Sold Prices/m²£3.9K/m² - £9.8K/m²

 

 

Square Metres

~93 m²
Price/m²£7.4K/m²

Value Estimate

£554,444

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£171,250

Stamp Duty & Legal Fees

£57,200

Total Cash In

£228,450

 

 

Cash Out

 

Rent Range

£1,800 - £3,995

Rent Estimate

£1,975

Running Costs/mo

£2,556

Cashflow/mo

£-581

Cashflow/yr

£-6,967

Gross Yield

3%

Local Sold Prices

50 sold prices from £402K to £870K, average is £579K. £3.9K/m² to £9.8K/m², average is £6K/m².

PriceDateDistanceAddressBeds 
£630K11/220.09 mi5, Rowanwood Mews, Enfield, Greater London EN2 8QU3
£550K06/210.09 mi19, Culloden Road, Enfield, Greater London EN2 8QE3
£578K09/210.13 mi40, Bycullah Road, Enfield, Greater London EN2 8PJ3
£745K05/220.13 mi16, Culloden Road, Enfield, Greater London EN2 8QB3
£595K06/230.13 mi46, Bycullah Road, Enfield, Greater London EN2 8PJ3
£580K11/200.17 mi13, Chase Ridings, Enfield, Greater London EN2 7QQ3
£580K11/200.17 mi13, Chase Ridings, Enfield, Greater London EN2 7QQ3
£510K04/210.17 mi95, Chase Green Avenue, Enfield, Greater London EN2 8EN3
£645K05/230.17 mi62, Chase Green Avenue, Enfield, Greater London EN2 8EN3
£475K04/210.18 mi28, The Grove, Enfield, Greater London EN2 7PY3
£530K01/210.2 mi21b, Bycullah Road, Enfield, Greater London EN2 8ED3
£870K05/230.21 mi34, Old Park View, Enfield, Greater London EN2 7EJ3
£640K12/200.21 mi8, The Glade, Enfield, Greater London EN2 7QH3
£515K10/200.21 mi19, Bycullah Avenue, Enfield, Greater London EN2 8DN3
£720K07/220.23 mi5, Old Park View, Enfield, Greater London EN2 7EG3
£550K11/220.24 mi2, Capstan Ride, Enfield, Greater London EN2 8HZ3
£540K05/230.26 mi18, Elizabeth Avenue, Enfield, Greater London EN2 8DP3
£495K04/210.29 mi66, Millers Green Close, Enfield, Greater London EN2 7BD3
£485K03/210.29 mi51, Perry Mead, Enfield, Greater London EN2 8BS3
£485K03/230.29 mi94, Perry Mead, Enfield, Greater London EN2 8BS3
£740K11/200.3 mi19, Slades Rise, Enfield, Greater London EN2 7ED3
£535K06/210.3 mi97, Crofton Way, Enfield, Greater London EN2 8HR3
£700K11/220.3 mi5, Abbotts Crescent, Enfield, Greater London EN2 8BJ3
£550K06/210.31 mi14, Perry Mead, Enfield, Greater London EN2 8BP3
£425K06/210.31 mi54, Perry Mead, Enfield, Greater London EN2 8BP3
£767K06/210.31 mi9, Park Way, Enfield, Greater London EN2 7DS3
£515K02/210.32 mi74, Crofton Way, Enfield, Greater London EN2 8HS3
£402K02/210.32 mi9, Padstow Road, Enfield, Greater London EN2 8BU3
£420K04/210.32 mi17, Padstow Road, Enfield, Greater London EN2 8BU3
£595K04/210.33 mi34, John Gooch Drive, Enfield, Greater London EN2 8HG3
£670K11/200.35 mi6, Chase Court Gardens, Enfield, Greater London EN2 8DH3
£625K09/210.35 mi92, Monks Road, Enfield, Greater London EN2 8BG3
£710K10/220.36 mi7, Chase Hill, Enfield, Greater London EN2 8DF3
£410K02/210.4 mi20, Acorn Close, Enfield, Greater London EN2 8LX3
£580K11/200.42 mi13, Conical Corner, Enfield, Greater London EN2 6SL3
£540K01/230.42 mi59, Hedge Hill, Enfield, Greater London EN2 8RT3
£512K01/210.42 mi24, Hedge Hill, Enfield, Greater London EN2 8RT3
£460K12/200.42 mi42, Hedge Hill, Enfield, Greater London EN2 8RT3
£515K11/200.43 mi25, Trinity Street, Enfield, Greater London EN2 6NS3
£472K12/200.43 mi27, Trinity Street, Enfield, Greater London EN2 6NS3
£775K09/220.45 mi13, Farmlands, Enfield, Greater London EN2 8JE3
£581.4K10/210.46 mi41, Holtwhites Hill, Enfield, Greater London EN2 0RU3
£557.5K05/210.46 mi33, Gladbeck Way, Enfield, Greater London EN2 7EL3
£820K09/220.48 mi42, Bincote Road, Enfield, Greater London EN2 7RB3
£591K01/230.48 mi47, Lee View, Enfield, Greater London EN2 8RY3
£635K06/210.49 mi26, Shirley Road, Enfield, Greater London EN2 6SB3
£775K12/220.49 mi42, Shirley Road, Enfield, Greater London EN2 6SB3
£709K02/230.5 mi63a, Chase Side, Enfield, Greater London EN2 6NQ3
£575K12/200.5 mi19, Chase Side, Enfield, Greater London EN2 6NB3
£702.5K05/210.5 mi33, Chase Side, Enfield, Greater London EN2 6NB3

Local Rents

20 rents from £1.8K/mo to £4K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,00004/240.11 miPostern Green, London, EN23
£3,99503/240.16 miBergamot House, 52 Rowantree Road, Enfield, EN23
£2,95003/240.24 miBergamot House, Rowantree Road, Enfield3
£2,20005/240.27 miPerry Mead, Enfield3
£2,50004/240.31 miPerry Mead, ENFIELD3
£3,99504/240.33 miOld Park Road, Enfield3
£2,20005/240.33 miWindmill Gardens, Enfield, Middlesex, EN23
£3,99504/240.34 miOld Park Road, Enfield, EN23
£2,75002/250.36 mi-3
£3,75003/240.38 miWilliams Court, The Ridgeway, Enfield, Middlessex, EN23
£2,29503/240.44 miLavender Hill, Enfield, Middlesex, EN23
£2,20004/240.46 miLambs Walk, Enfield3
£1,80003/240.47 miKirkland Drive, Enfield, EN23
£2,30005/240.49 miGladbeck Way, EN2 7EN3
£2,80003/240.52 miHoltwhite Avenue, Enfield3
£1,97504/240.54 miChesham Court, Gordon Hill, Enfield3
£2,30004/240.61 miHalifax Road, Enfield, EN23
£2,50004/240.61 miEnfield Road, Enfield, Middlesex, EN23
£2,50004/240.61 miHalifax Road, Enfield, EN23
£1,97504/240.62 miGladbeck Way3

Local Area Statistics

Population in EN2

29,471

Population in Enfield

130,248

Town centre distance

0.57 miles away

Nearest school

0.50 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £685,000

January 16, 2025

Floor Plans

Description

  • Sole Agents +
  • Chain Free +
  • Three Bedroom Ground Floor Apartment +
  • Two Bathrooms +
  • Long Lease +
  • Private Balcony +
  • Communal Gardens +
  • Two Secure Underground Parking Spaces +
  • Excellent Transport Links +

CHAIN FREE A magnificent three-bedroom luxury apartment on the ground floor, located in the highly desirable Enfield Ridgeway area. The property features the added convenience of two secure, allocated underground parking spaces and is available chain-free for a smooth transaction.

Upon entering the apartment, you are greeted by a wide, bright hallway that leads seamlessly into the spacious lounge area. The lounge is both inviting and well-proportioned, with double doors opening onto a terrace that offers picturesque views of the beautifully maintained communal gardens.

The kitchen is thoughtfully designed with a quartz worktop and a range of integrated appliances. It is also spacious enough to comfortably accommodate a dining table, making it ideal for both cooking and entertaining.

The principal bedroom is spacious, featuring built-in wardrobe space and an en-suite bathroom. There are two additional good-sized bedrooms, one of which also offers fitted wardrobe space. To complete the home, there is a fully tiled family bathroom.

The rear of the property features a stunning communal garden, predominantly laid to lawn with planted borders, and is centered around a beautiful water feature.

Council Tax - G
Local Authority - Enfield

Agent Details

Statons, Hadley Wood

020 3834 8015

Next Steps?

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