3 Bed Flat, Single Let, Enfield, EN3 5RN, £300,000

Winnington Road, London, EN3 5RN - 2 months ago

Leasehold
BTL
ROI: 7%
~75 m²
+2 photos

ValuationOvervalued

Sold Prices£250K - £925K
Sold Prices/m²£3K/m² - £5.5K/m²

 

 

Square Metres

~75.32 m²
Price/m²£4K/m²

Value Estimate

£285,803

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,750 - £5,315

Rent Estimate

£1,850

Running Costs/mo

£1,328

Cashflow/mo

£523

Cashflow/yr

£6,270

ROI

7%

Gross Yield

7%

Local Sold Prices

34 sold prices from £250K to £925K, average is £297.5K. £3K/m² to £5.5K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£290K02/230.35 mi10a, Ordnance Road, Enfield, Greater London EN3 6BN3
£320K10/210.66 mi17, Old Road, Enfield, Greater London EN3 5XX3
£290K11/220.68 mi63, Ashton Road, Enfield, Greater London EN3 6DG3
£277K06/211.01 mi7, Yeomans Way, Enfield, Greater London EN3 5AP3
£265K10/201.03 mi8, Yeomans Way, Enfield, Greater London EN3 5AP3
£315K11/221.13 mi91, Fishers Close, Waltham Cross, Hertfordshire EN8 7NN3
£285K03/211.14 mi70, Park Lane, Waltham Cross, Hertfordshire EN8 8AQ3
£320K03/211.48 mi26, Lancaster Road, Enfield, Greater London EN2 0AX3
£420K10/221.5 miFlat 1, Temple House, Old Park Ride, Waltham Cross, Hertfordshire EN7 5HY3
£267.5K09/211.56 miFlat 44, Westminster Court, Eleanor Way, Waltham Cross, Hertfordshire EN8 7SH3
£335K01/211.66 mi36, Cheviot Close, Enfield, Greater London EN1 3UZ3
£320K10/201.89 mi20, Ermine Side, Enfield, Greater London EN1 1DD3
£362K06/211.95 mi48, Beresford Gardens, Enfield, Greater London EN1 1NN3
£360K06/211.95 mi24, Beresford Gardens, Enfield, Greater London EN1 1NN3
£265K02/211.95 mi64, Hadrians Ride, Enfield, Greater London EN1 1DG3
£417.5K02/212.06 mi61, Kirkland Drive, Enfield, Greater London EN2 0RJ3
£270K03/212.07 miFlat 15, Reynolds House, Ayley Croft, Enfield, Greater London EN1 1XR3
£307.5K01/212.08 mi60, St Marks Road, Enfield, Greater London EN1 1BE3
£282K10/202.11 mi11, Foxwood Chase, Waltham Abbey, Essex EN9 3YW3
£925K08/212.46 miFlat 10, Holly Tree Lodge, The Ridgeway, Enfield, Greater London EN2 8QT3
£299.9K06/212.48 mi7a, Causeyware Road, Edmonton, London, Greater London N9 8BP3
£250K05/212.51 mi82, Kingsley Avenue, Cheshunt, Waltham Cross, Hertfordshire EN8 9PR3
£331K04/232.72 mi350, Roundhills, Waltham Abbey, Essex EN9 1UQ3
£265K01/212.77 mi123, Whitefields Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0EN3
£285K06/232.77 mi129, Whitefields Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0EN3
£300K02/212.78 mi59, Stains Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9JJ3
£325K06/232.78 mi28, Stains Close, Cheshunt, Waltham Cross, Hertfordshire EN8 9JL3
£265K11/202.8 mi15, Mayo Close, Cheshunt, Waltham Cross, Hertfordshire EN8 0HE3
£465K07/222.85 mi46, Rugby Avenue, London, Greater London N9 9EP3
£250K04/212.92 mi208, Whitefields Road, Cheshunt, Waltham Cross, Hertfordshire EN8 0EU3
£295K10/202.97 mi119, Bounces Road, London, Greater London N9 8LJ3
£283K02/212.97 mi209, Bounces Road, London, Greater London N9 8LL3
£305K10/232.97 mi205, Bounces Road, London, Greater London N9 8LL3
£270K11/202.98 mi275, Bounces Road, London, Greater London N9 8LP3

Local Rents

50 rents from £1.8K/mo to £5.3K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,40003/250.05 mi-3
£2,25004/240.09 miAuckland Close, Enfield3
£2,15003/250.13 mi-3
£2,59503/240.14 miLongfield Avenue, Enfield, EN33
£2,00004/240.15 miLongfield Avenue, EN33
£2,15004/240.18 mi-3
£2,15004/240.18 miTurkey Street, Enfield, EN33
£1,80004/240.23 miThe Loning, Enfield3
£1,95001/250.25 mi-3
£2,20004/240.34 miAylands Road, Enfield EN33
£2,20005/240.37 miAylands Road, Enfield EN33
£2,39501/250.38 mi-3
£2,40001/250.38 mi-3
£1,75004/240.39 mi-3
£1,80012/240.39 mi-3
£2,50004/240.39 mi-3
£2,10005/240.4 mi-3
£1,90011/240.42 mi-3
£2,00004/240.45 miBeaconsfield Road, EN33
£5,31504/240.45 mi-3
£2,50004/240.46 miEnfield Mews, Ordnance Road, EN33
£2,50004/240.46 miEnfield Mews, Ordnance Road, EN33
£2,30004/240.46 miEnfield Mews, Ordnance Road, EN33
£1,99012/240.46 mi-3
£1,99002/250.46 mi-3
£3,35003/240.47 miOrdnance Road, Enfield3
£2,40004/240.47 miEnfield Mews, Ordnance Road, EN33
£1,95003/240.47 miWindsor Road, Enfield, EN33
£2,50003/250.48 mi-3
£2,00003/240.48 miGreat Cambridge Road, Enfield, EN13
£2,02502/250.49 mi-3
£1,85004/240.49 miBalmoral Road, Enfield, EN33
£1,85005/240.5 miBalmoral Road, Enfield, Middlesex, EN33
£2,50003/240.5 mi-3
£2,20005/240.51 miBalmoral Road, Enfield, EN33
£2,50004/240.51 miAllandale Road, EN33
£2,10004/240.52 miPutney Road, En33
£2,20004/240.53 miUckfield Road, Enfield, Middlesex3
£2,10003/240.54 miElmore Road,3
£2,20003/240.55 miGreat Cambridge Road, Enfield, Greater London, EN13
£2,00011/240.58 mi-3
£2,05012/240.6 mi-3
£2,18003/250.6 mi-3
£2,43001/240.6 mi-3
£2,10004/240.6 mi-3
£2,10004/240.6 mi-3
£2,05005/240.6 mi-3
£2,10012/240.62 mi-3
£2,50002/240.62 mi-3
£3,05001/250.62 mi-3

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

2.68 miles away

Nearest school

0.20 miles away

Nearest train station

0.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £300,000

January 21, 2025

Floor Plans

Description

  • 3 Bedroom Flat +
  • Top Floor Flat +
  • Own Balcony off the Lounge +
  • Fully double glazed +
  • Gas central heating +
  • Security entry phone system +
  • Good size Kitchen +
  • CHAIN FREE +

Knights are delighted to offer this Large 3 bedroom flat located close to Turkey Street Station.
The property is on the top floor & benefits from being fully double glazed, security entry phone system, good size kitchen, living room with own balcony,
communal gardens, chain free sale, gas central heating & has its own brick built storage shed.

In our opinion this property is ideal for both a residential buyer & investors

Our vendor has informed us:
Service Charges: Approximately 150 Per Calendar Month
Ground Rent: TBC
Lease: 84 Years Remaining

EPC Rating: D
Council Tax Band: D

Agent Details

Knights Residential, London

020 3889 9185

Next Steps?

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