2 Bed Flat, Single Let, Enfield, EN2 7HW, £350,000

Enfield Road, Enfield, EN2 7HW - 1 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
+11 photos

ValuationUndervalued

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

 

 

Square Metres

~68 m²
Price/m²£5.1K/m²

Value Estimate

£391,719
BMV12%

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

£1,581

Running Costs/mo

£1,430

Cashflow/mo

£151

Cashflow/yr

£1,813

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £250K to £665K, average is £345K. £4.4K/m² to £6.7K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£315K10/200.18 mi17b, Links Side, Enfield, Greater London EN2 7QT2
£340K11/220.18 mi19, Links Side, Enfield, Greater London EN2 7QT2
£360K06/230.25 mi10, Englefield Close, Enfield, Greater London EN2 7QD2
£360K10/200.27 mi18, Chase Ridings, Enfield, Greater London EN2 7QF2
£395K12/200.27 mi22, Chase Ridings, Enfield, Greater London EN2 7QF2
£365K06/230.27 mi31, Chase Ridings, Enfield, Greater London EN2 7QF2
£320K04/210.41 mi9, Canford Close, Enfield, Greater London EN2 8QN2
£317.5K03/230.42 mi73, Crofton Way, Enfield, Greater London EN2 8HR2
£290K08/210.43 miFlat 73, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£360K10/220.43 mi58, Crofton Way, Enfield, Greater London EN2 8HS2
£338K11/220.43 mi64, Crofton Way, Enfield, Greater London EN2 8HS2
£250K03/210.46 miFlat 16, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£260K08/210.46 miFlat 50, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£280K01/230.46 miFlat 85, Ingleborough, Cavell Drive, Enfield, Greater London EN2 7PR2
£345K11/200.46 mi4, Millers Green Close, Enfield, Greater London EN2 7BD2
£320K01/210.47 mi27a, The Ridgeway, Enfield, Greater London EN2 8PB2
£316K01/230.53 mi2, Woodridge Close, Enfield, Greater London EN2 8HJ2
£315K03/210.53 mi6, Woodridge Close, Enfield, Greater London EN2 8HJ2
£310K12/220.53 mi1, Woodridge Close, Enfield, Greater London EN2 8HJ2
£315K03/210.54 mi6, Woodridge Close, Enfield, Greater London EN2 8HJ2
£360K04/210.56 mi5d, Glebe Avenue, Enfield, Greater London EN2 8NZ2
£565K12/200.6 miFlat 2, Mountford House, Crescent Road, Enfield, Greater London EN2 7BL2
£319K10/200.6 miFlat 14, Pinewood Court, Bycullah Road, Enfield, Greater London EN2 8EG2
£412.5K07/230.6 mi11, Hermitage Close, Enfield, Greater London EN2 8EL2
£368K01/230.6 mi40, Anderson Close, London, Greater London N21 1TH2
£390K09/230.61 mi36, Anderson Close, London, Greater London N21 1TH2
£325K03/210.61 mi91, Chase Green Avenue, Enfield, Greater London EN2 8EN2
£500K06/230.62 miFlat 13, Claremont Heights, Crescent Road, Enfield, Greater London EN2 7RY2
£395K06/210.63 mi9, Mcadam Drive, Enfield, Greater London EN2 8PS2
£295K03/230.65 mi48, Waverley Road, Enfield, Greater London EN2 7AQ2
£340K12/200.65 mi46, Waverley Road, Enfield, Greater London EN2 7AQ2
£665K06/210.66 mi31, The Coppice, Enfield, Greater London EN2 7BX2
£345K09/230.66 miFlat 10, Beveridge Court, Pennington Drive, London, Greater London N21 1SY2
£257K01/230.66 mi67b, Windmill Hill, Enfield, Greater London EN2 7AF2
£315K03/230.68 mi52, John Gooch Drive, Enfield, Greater London EN2 8HG2
£300K01/210.68 mi60, John Gooch Drive, Enfield, Greater London EN2 8HG2
£385K04/230.7 mi29, Blackwell Close, London, Greater London N21 1UL2
£360K10/220.7 mi35, Blackwell Close, London, Greater London N21 1UL2
£335K01/230.71 mi26, Blackwell Close, London, Greater London N21 1UL2
£285K03/210.72 mi53, Gladbeck Way, Enfield, Greater London EN2 7EL2
£367K05/230.73 mi27, Monks Close, Enfield, Greater London EN2 8DZ2
£305K03/210.73 mi175, Gladbeck Way, Enfield, Greater London EN2 7EW2
£364K09/210.74 mi27b, Chase Green Avenue, Enfield, Greater London EN2 8EA2
£420K04/230.77 mi29, Florence Drive, Enfield, Greater London EN2 8DG2
£347.5K02/230.77 mi13, West Bank, Enfield, Greater London EN2 8DU2
£395K02/210.8 miFlat 9, Pine Court, Chaseville Park Road, London, Greater London N21 1PR2
£402K04/210.8 mi3, Shooters Road, Enfield, Greater London EN2 8RN2
£410K09/220.82 mi27, Maplin Close, London, Greater London N21 1NB2
£365K07/230.82 mi19, Maplin Close, London, Greater London N21 1NB2
£419.9K03/210.82 mi9, William Covell Close, Enfield, Greater London EN2 8HP2

Local Rents

24 rents from £1.4K/mo to £2.7K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,70003/240.24 miThe Glade, Enfield2
£1,71203/240.35 miThe Grove, Enfield EN22
£1,85001/250.37 mi-2
£1,75003/240.4 miSlades Hill, ENFIELD2
£1,79804/240.44 miUplands Park Road, Enfield EN22
£1,75004/240.46 miMillers Green Close, ENFIELD2
£1,40009/230.47 mi-2
£1,70004/240.47 mi10-12 The Ridgeway, Enfield2
£1,65004/240.48 miThe Ridgeway, London, EN22
£1,65004/240.48 miThe Ridgeway, Enfield, EN22
£1,65004/240.48 miThe Ridgeway, Enfield, EN22
£1,67504/240.49 miThe Ridgeway, Enfield, Middlesex, EN22
£1,57512/230.51 mi-2
£1,70003/240.52 miHelen Clare Court, Enfield, EN22
£2,10010/230.54 miLindal Crescent2
£1,60005/240.55 miSydenham Avenue, London2
£1,87503/250.57 mi-2
£2,50004/240.61 miBergamot House, Rowantree Road, Enfield2
£2,50004/240.61 miBergamot House, Rowantree Road, Enfield2
£1,80004/240.61 miBycullah Road, ENFIELD2
£1,79504/240.61 miBycullah Court, Enfield2
£2,69503/240.62 miBergamot House, 52 Rowantree Road, Enfield, EN22
£2,69503/240.62 miBergamot House, 52 Rowantree Road, Enfield, EN22
£2,69503/240.62 miBergamot House, Enfield2

Local Area Statistics

Population in EN2

29,471

Population in Enfield

130,248

Town centre distance

0.65 miles away

Nearest school

0.20 miles away

Nearest train station

0.79 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 17, 2025

Floor Plans

Description

  • 2 Double bedrooms +
  • Spacious reception +
  • Fitted kitchen +
  • 1 Bathroom +
  • Balcony +
  • Transport links +
  • Ample storage +
  • Popular location +
  • Close to local schools +
  • Leasehold, 174 years 11 months lease remaining +

Situated close to an array of amenities and excellent transport links, is this well presented split level apartment. An ideal first time purchase comprising of two double bedrooms, bright reception room, modern kitchen and bathroom, with ample storage throughout.
The property benefits from being near open green spaces, including Trent Park and in addition is close to a number of desirable schools such as Highlands Secondary School, Merryhills and Grange Park Primary.

The Owners Love
"Having access to the greenbelt just across the road, perfect for Sunday mornings or summer evening walks, which often end with a drink or pub lunch at the Jolly Farmers. Oakwood, Trent and Groveland parks are also very accessible from here"
"The flat is warm, full of light and quiet despite being close to the main road, plus it offers plenty of storage in the loft and allocated shed. The neighbours are lovely and there's a nice community feeling in the building"
"The convenient transport connections. The bus stop is 1 min away, the tube and overground connections take you to Central London in 30 minutes"

We've Noticed
The property is presented in excellent condition.
There are a number of a shops, restaurants and transport links close by.

Agent Details

Martyn Gerrard, Winchmore Hill

020 3856 3027

Next Steps?

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