3 Bed Semi-Detached House, Planning Permission, Enfield, EN3 5AQ, £525,000

Broadlands Avenue, Enfield, EN3 5AQ - 3 months ago

Under Offer
Planning
ROI: 2%
~93 m²
+21 photos

ValuationOvervalued

Sold Prices£345K - £607K
Sold Prices/m²£3.5K/m² - £7.3K/m²

 

 

Square Metres

~93 m²
Price/m²£5.6K/m²

Value Estimate

£474,300

 

 

End Value (After Refurb)

£475,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£30,700

Refurb Costs

£49,200

Bridging Loan Interest

£13,781

Total Cash In

£226,681

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£475,000

Mortgage (After Refinance)

£356,250

Mortgage LTV

75%

Cash Left In

£226,681

Equity

£118,750

Rent Range

£1,980 - £2,600

Rent Estimate

£2,315

Running Costs/mo

£1,967

Cashflow/mo

£348

Cashflow/yr

£4,172

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £345K to £607K, average is £417K. £3.5K/m² to £7.3K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£395K02/210.02 mi82, Broadlands Avenue, Enfield, Greater London EN3 5AQ3
£455K06/230.08 mi24, Broadlands Avenue, Enfield, Greater London EN3 5AH3
£482K04/230.1 mi88, Hertford Road, Enfield, Greater London EN3 5AL3
£430K02/230.12 mi43, Anglesey Road, Enfield, Greater London EN3 4HZ3
£372.5K12/200.12 mi62, Anglesey Road, Enfield, Greater London EN3 4HZ3
£515K02/210.14 mi18, Hertford Road, Enfield, Greater London EN3 5AW3
£375K05/210.22 mi385, High Street, Enfield, Greater London EN3 4DH3
£375K09/210.23 mi17, Broadfield Square, Enfield, Greater London EN1 3PA3
£400K05/230.31 mi28, Cowland Avenue, Enfield, Greater London EN3 7DX3
£403.5K12/200.31 mi11, Mapleton Road, Enfield, Greater London EN1 3PE3
£385K08/210.31 mi16, Mapleton Road, Enfield, Greater London EN1 3PE3
£420K11/200.33 mi56, Durants Road, Enfield, Greater London EN3 7AW3
£465K11/220.33 mi12, Cowland Avenue, Enfield, Greater London EN3 7DX3
£365.5K02/210.33 mi13, Hammond Road, Enfield, Greater London EN1 3PD3
£410K12/220.37 mi22, Brick Lane, Enfield, Greater London EN3 5BA3
£355K12/200.37 mi10, Ashley Road, Enfield, Greater London EN3 7JT3
£430K12/220.4 mi81, Durants Road, Enfield, Greater London EN3 7DG3
£413K04/210.4 mi23, Durants Park Avenue, Enfield, Greater London EN3 7ED3
£411K04/210.4 mi22, Durants Park Avenue, Enfield, Greater London EN3 7ED3
£408K11/200.4 mi2, Orchardleigh Avenue, Enfield, Greater London EN3 5BE3
£382.5K12/200.42 mi31, Barnard Road, Enfield, Greater London EN1 3QA3
£382.5K12/200.43 mi31, Barnard Road, Enfield, Greater London EN1 3QA3
£485K12/200.45 mi19, Exeter Road, Enfield, Greater London EN3 7TN3
£530K07/220.45 mi46, Orchardleigh Avenue, Enfield, Greater London EN3 5BE3
£416K11/200.47 mi155, The Ride, Enfield, Greater London EN3 7EE3
£450K11/220.47 mi4, Frederick Crescent, Enfield, Greater London EN3 7HH3
£607K11/220.52 mi3, Ashford Crescent, Enfield, Greater London EN3 7HU3
£505K06/210.52 mi44, Ambleside Crescent, Enfield, Greater London EN3 7LY3
£395K08/210.52 mi22, Arbour Road, Enfield, Greater London EN3 7TX3
£345K03/210.52 mi24, Sherborne Avenue, Enfield, Greater London EN3 5BW3
£385K02/210.52 mi13, Charcroft Gardens, Enfield, Greater London EN3 7HA3
£480K04/230.53 mi79, Southbury Avenue, Enfield, Greater London EN1 1RJ3
£470K03/230.54 mi100, Carterhatch Lane, Enfield, Greater London EN1 4LD3
£405K05/230.55 mi19, Oldbury Road, Enfield, Greater London EN1 3QN3
£450K07/230.55 mi28, Oldbury Road, Enfield, Greater London EN1 3QN3
£358K01/210.55 mi14, Oldbury Road, Enfield, Greater London EN1 3QN3
£430K03/210.56 mi114, Southbury Avenue, Enfield, Greater London EN1 1RN3
£425K05/210.57 mi31, Alexandra Road, Enfield, Greater London EN3 7EJ3
£418K06/230.57 mi10, Westmoor Road, Enfield, Greater London EN3 7LE3
£410K11/210.57 mi3, Westmoor Road, Enfield, Greater London EN3 7LE3
£395K08/210.58 mi64, Clydesdale, Enfield, Greater London EN3 4RN3
£485K05/230.58 mi125, Carterhatch Lane, Enfield, Greater London EN1 4JZ3
£457.5K12/200.58 mi420, Lincoln Road, Enfield, Greater London EN3 4AH3
£450K12/220.58 mi110, Clive Road, Enfield, Greater London EN1 1RF3
£410K06/230.58 mi26, Southbury Avenue, Enfield, Greater London EN1 1RL3
£470K02/210.58 mi3, Pembroke Avenue, Enfield, Greater London EN1 4HE3
£465K11/220.59 mi228, Green Street, Enfield, Greater London EN3 7NB3
£515K11/210.59 mi35, Mayfield Road, Enfield, Greater London EN3 7LS3
£422K04/230.59 mi87, Sedcote Road, Enfield, Greater London EN3 4RG3
£400K04/230.59 mi146, Carterhatch Lane, Enfield, Greater London EN1 4LB3

Local Rents

18 rents from £2K/mo to £2.6K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,20004/240.11 miTenby Road, Enfield, Middlesex, EN33
£2,30004/250.27 mi-3
£2,20003/240.31 miMapleton Road, Enfield, Middlesex, EN13
£2,25003/240.34 mi-3
£2,40003/250.4 mi-3
£1,99503/250.41 mi-3
£2,15004/250.41 mi-3
£1,99504/250.41 mi-3
£2,10004/250.46 mi-3
£1,98004/240.55 mi-3
£2,25004/240.55 miNags Head Road, Enfield, Middlesex, EN33
£2,60005/240.58 miJules Throne Ave, Enfield En1 3
£2,00004/240.58 miGreat Cambridge Road, Enfield3
£2,50012/240.61 mi-3
£2,50004/240.62 miClive Road, Enfield, EN13
£2,49505/240.62 mi-3
£2,50005/240.62 mi-3
£2,30005/240.62 mi-3

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

2.02 miles away

Nearest school

0.20 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £525,000

January 18, 2025

Floor Plans

Description

  • 3/4 Bedrooms +
  • 2 Seperate Reception rooms +
  • Ground floor 4th bedroom/study +
  • Ground floor family bathroom +
  • Detached garage via shared drive +
  • Front off street parking +
  • Large rear garden +
  • Gas central heating +
  • Double glazing +
  • Chain free sale +

A spacious well presented 3/4 bedroom semi detached house occupying a larger than usual plot, with further extension or development potential (subject to planning permission). The property is located off The Hertford Road within approx 1m of Southbury Train Station and Durant's Park, and a selection of local schools and shops near Ponders End and is offered for sale chain free. Viewing is recommended. Features include: 2 reception rooms, ground floor family bathroom, detached garage via shared drive, front off street parking, large rear garden, ground floor 4th bedroom/study, gas central heating, double glazing and chain free sale.

Agent Details

Castles Estate Agents, Enfield

020 3835 6089

Next Steps?

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