4 Bed Detached House, Refurb/BRRR, Enfield, EN1 2JS, £775,000

Queen Annes Grove, Enfield, EN1 2JS - 4 views - 3 months ago

Sold STC
Refurb/BRRR
Planning
~129 m²
+25 photos

ValuationOvervalued

Sold Prices£440K - £1.3M
Sold Prices/m²£4.2K/m² - £11.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£6K/m²

Value Estimate

£727,072

 

 

End Value (After Refurb)

£814,193

Uplift in Value

+5%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£193,750

Stamp Duty & Legal Fees

£50,700

Refurb Costs

£68,381

Bridging Loan Interest

£20,344

Total Cash In

£334,925

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£814,193

Mortgage (After Refinance)

£610,645

Mortgage LTV

75%

Cash Released

£29,395

Cash Left In

£305,530

Equity

£203,548

Rent Range

£1,900 - £4,000

Rent Estimate

£2,421

Running Costs/mo

£3,049

Cashflow/mo

£-628

Cashflow/yr

£-7,531

Gross Yield

4%

Local Sold Prices

50 sold prices from £440K to £1.3M, average is £711.3K. £4.2K/m² to £11.7K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£855K09/210.05 mi1, Summerhill Grove, Enfield, Greater London EN1 2HY4
£790K03/230.09 mi113, Edenbridge Road, Enfield, Greater London EN1 2HU4
£623.5K03/210.1 mi118, Edenbridge Road, Enfield, Greater London EN1 2HU4
£955K11/210.1 mi14, Queen Annes Grove, Enfield, Greater London EN1 2JP4
£1.2M01/220.12 mi90, Village Road, Enfield, Greater London EN1 2EU4
£700K03/220.12 mi2a, Sittingbourne Avenue, Enfield, Greater London EN1 2DA4
£762K03/210.16 mi20, Crossway, Enfield, Greater London EN1 2LA4
£820K12/230.17 mi26, Bush Hill Road, London, Greater London N21 2DS4
£755K11/210.18 mi38, Bush Hill Road, London, Greater London N21 2DS4
£685.5K11/210.18 mi38, Gardenia Road, Enfield, Greater London EN1 2HZ4
£530K06/210.19 mi49, Gardenia Road, Enfield, Greater London EN1 2JA4
£600K11/230.2 mi374, Bury Street West, London, Greater London N9 9JU4
£698.5K01/210.21 mi23, Cranwich Avenue, London, Greater London N21 2BB4
£810K06/230.24 mi22, Cranwich Avenue, London, Greater London N21 2BB4
£500K02/210.24 mi61, Blakesware Gardens, London, Greater London N9 9HX4
£730K12/210.25 mi9, Berkeley Gardens, London, Greater London N21 2BE4
£791.5K11/220.26 mi73, Bush Hill Road, London, Greater London N21 2DP4
£440K11/200.26 mi70, Blakesware Gardens, London, Greater London N9 9HU4
£585K12/200.26 mi30, Blakesware Gardens, London, Greater London N9 9HU4
£502K02/230.26 mi140, Wellington Road, Enfield, Greater London EN1 2RS4
£726.5K08/210.27 mi61, Berkeley Gardens, London, Greater London N21 2BE4
£640K04/210.27 mi383, Church Street, London, Greater London N9 9HY4
£830K06/210.28 mi23, The Orchard, London, Greater London N21 2DN4
£580K06/220.28 mi357, Bury Street West, London, Greater London N9 9JW4
£800K07/240.3 mi14, York Road, London, Greater London N21 2JL4
£603K11/200.3 mi36, Cambridge Gardens, London, Greater London N21 2AT4
£695K03/240.3 mi18, Cambridge Gardens, London, Greater London N21 2AT4
£663K06/210.32 mi56, Edenbridge Road, Enfield, Greater London EN1 2LW4
£685K11/230.33 mi7, Cambridge Gardens, London, Greater London N21 2AS4
£675K10/200.33 mi4, Park Avenue, Enfield, Greater London EN1 2HP4
£750K09/210.33 mi46, Bagshot Road, Enfield, Greater London EN1 2RE4
£918K03/210.33 mi9, Athole Gardens, Enfield, Greater London EN1 2EW4
£722.5K11/210.34 mi27, Kent Road, London, Greater London N21 2JH4
£1.1M05/210.34 mi63, Wellington Road, Enfield, Greater London EN1 2PH4
£659K04/230.34 mi140, Amberley Road, Enfield, Greater London EN1 2RB4
£590K12/200.35 mi85, Amberley Road, Enfield, Greater London EN1 2QZ4
£790K08/240.36 mi48, Ridge Avenue, London, Greater London N21 2AR4
£880K11/220.39 mi18, Rowantree Road, London, Greater London N21 3ED4
£1.3M08/230.4 mi29, Bush Hill, London, Greater London N21 2BT4
£555K06/210.4 mi283, Bury Street West, London, Greater London N9 9JN4
£560K01/210.42 mi29, Delhi Road, Enfield, Greater London EN1 2LZ4
£607K02/230.42 mi37, Countisbury Avenue, Enfield, Greater London EN1 2NL4
£980K03/210.43 mi37, Wellington Road, Enfield, Greater London EN1 2PF4
£700K12/200.44 mi45, Ridge Road, London, Greater London N21 3EB4
£670K05/210.44 mi81, Delhi Road, Enfield, Greater London EN1 2LY4
£940K09/210.45 mi13, Abbey Road, Enfield, Greater London EN1 2QP4
£885K02/230.45 mi21, Solna Road, London, Greater London N21 2JS4
£690K01/210.47 mi19a, Percy Road, London, Greater London N21 2HY4
£1.1M06/210.49 mi19, Park Drive, London, Greater London N21 2LU4
£795K10/210.5 mi88, Ridge Road, London, Greater London N21 3EN4

Local Rents

48 rents from £1.9K/mo to £4K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,30003/240.09 miEdenbridge Road, London, EN13
£4,00003/240.1 miQueen Annes Grove Enfield EN16
£2,30004/240.19 miSittingbourne Avenue, Enfield, London, EN13
£2,30004/240.2 miBrendon Way, Enfield, EN13
£2,30004/240.2 miBrendon Way, Enfield, EN13
£2,30004/240.2 miBrendon Way, Enfield, EN13
£2,25006/240.24 miBlakesware Gardens, Enfield, London3
£2,25007/240.24 miBlakesware Gardens, Enfield, London3
£2,25007/240.26 miBlakesware Gardens, Enfield, London3
£2,50004/240.28 miWellington Road, Enfield3
£2,50003/240.32 miPark Avenue, Enfield, Middlesex, EN13
£2,65012/240.33 mi-4
£2,45005/240.34 miBagshot Road, Enfield, EN13
£3,15003/240.34 miCrawley Road, EN14
£2,50004/240.34 miCrawley Road, ENFIELD4
£2,00012/240.35 mi-3
£2,80003/240.38 miAmberley Gardens, Enfield, Middlesex, EN14
£2,80004/240.4 miAmberley Gardens, Enfield, EN14
£2,30005/240.43 mi-3
£2,35004/250.43 mi-3
£2,50010/230.45 miPrivate Road, London, EN14
£2,45005/240.45 mi-3
£2,00005/240.46 miRidge Road, London, N213
£2,40003/240.48 miFirst Avenue, London, EN14
£2,25004/240.51 miAmwell Close, Enfield, EN23
£2,25004/240.51 miAmwell Close, Enfield, EN23
£2,20003/240.52 miMelbourne Way, Bush Hill EN1 3
£2,20003/240.52 miMelbourne Way, Bush Hill EN1 3
£2,49903/250.52 mi-4
£2,49904/250.52 mi-4
£2,50005/240.54 miHarrow Drive, London4
£2,25004/250.54 mi-3
£2,50002/250.55 mi-3
£2,60001/250.55 mi-3
£2,20006/240.56 miFirs Park Avenue, N213
£2,20003/240.58 miWarne Court, EN13
£2,50003/240.58 miThird Avenue, Enfield, EN13
£2,65012/240.58 mi-3
£2,65012/240.58 mi-3
£2,50004/240.59 mi-3
£2,40004/240.6 mi-3
£2,45004/240.6 mi-3
£2,50006/240.6 miLawn Close, Edmonton, N95
£2,00004/240.6 miHazelwood Road, EN13
£2,00004/240.6 miHazelwood Road, EN13
£1,90005/240.61 miDarley Road, London3
£2,00003/240.61 miDimsdale Drive, Enfield, EN13
£2,00003/240.61 miDimsdale Drive, Enfield, EN13

Local Area Statistics

Population in EN1

45,671

Population in Enfield

130,248

Town centre distance

1.06 miles away

Nearest school

0.30 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £775,000

January 27, 2025

Floor Plans

Description

  • Requires Modernisation +
  • Four Bedroom Detached Property +
  • Ground Floor Toilet +
  • Off Street Parking +
  • Garage +
  • Westerly Aspect Rear Garden +
  • Within Catchment Of Raglan School +
  • Potential For Further Development (STPP) +
  • Within 0.6 Miles Of Bush Hill Park Rail Station +
  • Chain Free +

Located in the heart of Enfield, Queen Annes Grove is a spacious detached property with immense potential, ideal for those looking to renovate and create their dream home. The four-bedroom house offers ample living space and a westerly aspect rear garden, making it a fantastic opportunity for buyers ready to transform it into a modern, stylish residence. It also offers potential for further development, subject to planning permission (STPP), adding even more value.

The property features off-street parking, along with a garage that provides extra storage space. The large front garden is part paved and part lawn, with shrubbed borders and side gates leading to the rear. Inside, the welcoming hallway leads to a generous lounge with hardwood double-glazed windows and French doors opening to the rear garden. The kitchen, though in need of modernisation, includes space for essential appliances and access to the garden.

Upstairs, the home has four well-sized bedrooms, all with solid hardwood double-glazed windows. The main bathroom and a separate WC offer additional convenience. The property also features a downstairs WC, an essential for busy families or guests.

The rear garden is a true highlight, offering a paved patio area, shrubbed borders, and a raised brick pond, with a side gate providing easy access to the front garden. A garage with powered lighting and storage space adds further value.

This home is set in a prime location, within 0.6 miles of Bush Hill Park Rail Station, offering direct train services to London Liverpool Street in under 30 minutes. For local amenities, you’re just a short distance from Enfield Town’s shopping centre, with a wide range of retail options, cafes, and restaurants. Excellent local schools and green spaces, including the nearby Enfield Grammar School and Broomfield Park, make this an ideal area for families.

Local Authority : Enfield
Tax Band : F

Inner Hallway - Carpet, radiator, stairs to first floor landing, door to kitchen, door to down stairs w/c, door to lounge, understairs storage cupboard.

Lounge - Carpet, two radiators, coving to ceiling, solid hardwood double glazed windows to front aspect, double glazed French doors leading to rear garden, electric coal effect fire place with brick surrounding.

Kitchen - Tiled flooring, tiled walls, door leading to rear garden, solid hardwood double glazed windows to rear aspect, wall mounted "Valliant" boiler, eye & base level units, stainless steel sink with mixer tap, space for fridge/freezer, space for washing machine, space for electric oven.

Wc - Tiled flooring, tiled walls, frosted solid hardwood double glazed window to rear aspect, wash hand basin.

First Floor Landing - Carpet, radiator, solid hardwood double glazed windows to front aspect, loft access, door to bathroom, door to WC, doors to all bedrooms.

Bedroom 1 - Carpet, radiator, solid hardwood double glazed windows to front aspect.

Bedroom 2 - Carpet, radiator, solid hardwood double glazed window to rear aspect.

Bedroom 3 - Original floor boards, radiator, solid hardwood double glazed window to front aspect, storage cupboard.

Bedroom 4 - Carpet, radiator, solid hardwood double glazed window to rear aspect, storage cupboard.

Bathroom - Tiled flooring, part tiled walls, heated towel rail, frosted solid hardwood double glazed window to rear aspect, pedestal wash hand basin, bath with mixer tap and shower attachment.

Wc - Tiled flooring, tiled walls, frosted solid hardwood double glazed window to rear aspect, low level WC.

Front Garden - Part laid to lawn, part paved area, shrub borders, two side gates leading to rear garden.

Rear Garden - Side gate leading to front garden, outside tap, paved patio area, raised brick pond, shrub borders, door to storage area (with side gate leading to front garden).

Garage - Power & lighting , wall mounted fuse box, electric meter, door leading to rear garden.

Disclaimer - Consumer Protection from Unfair Trading Regulations 2008: The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.

Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

Fixtures and fittings: Items shown in photographs are NOT included. A list of the fitted carpets, curtains, light fittings and other items fixed to the property which are included in the sale (or may be available by separate negotiation) will be provided by the Seller s Solicitors.

Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Baker and Chase Ltd in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value. Neither Baker and Chase Ltd nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).

Media: (Photos, Videos etc)The photographs, property videos and virtual viewings etc. show only certain parts of the property as they appeared at the time they were taken.

Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct.

VAT: The VAT position relating to the property may change without notice

Copyright: You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.

Anti-Money Laundering Regulations: Intending parties will be asked to produce identification documentation at offer stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale/rental.

Availability: Interested parties must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

Agent Details

Baker and Chase, London Borough of Enfield

020 3907 2588

Next Steps?

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