3 Bed Terraced House, Refurb/BRRR, Enfield, EN3 5NB, £425,000

Lansbury Road, Enfield, Greater London, EN3 5NB - 4 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+9 photos

ValuationFair Value

Sold Prices£269K - £607K
Sold Prices/m²£2.8K/m² - £8.1K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£433,500

 

 

End Value (After Refurb)

£499,875

Uplift in Value

+18%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£49,200

Bridging Loan Interest

£11,156

Total Cash In

£191,056

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£499,875

Mortgage (After Refinance)

£374,906

Mortgage LTV

75%

Cash Released

£56,156

Cash Left In

£134,900

Equity

£124,969

Rent Range

£1,700 - £5,315

Rent Estimate

£2,199

Running Costs/mo

£2,022

Cashflow/mo

£177

Cashflow/yr

£2,125

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £269K to £607K, average is £416.5K. £2.8K/m² to £8.1K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£503K12/220.03 mi31, Lansbury Road, Enfield, Greater London EN3 5NB3
£410K05/210.04 mi18, Platts Road, Enfield, Greater London EN3 5NA3
£427K07/230.09 mi22, Lombard Avenue, Enfield, Greater London EN3 5LN3
£355K04/210.09 mi20, Shaw Road, Enfield, Greater London EN3 5NE3
£425K11/220.1 mi41, Oatlands Road, Enfield, Greater London EN3 5LL3
£410K01/210.11 mi19, Ian Square, Enfield, Greater London EN3 5ND3
£393.5K12/200.11 mi62, Carterhatch Road, Enfield, Greater London EN3 5LT3
£500K12/200.12 mi154, Carterhatch Road, Enfield, Greater London EN3 5LX3
£445K02/210.15 mi2, Logan Close, Enfield, Greater London EN3 5NL3
£300K05/210.15 mi11, Carterhatch Road, Enfield, Greater London EN3 5LS3
£415K08/230.15 mi37, Carterhatch Road, Enfield, Greater London EN3 5LS3
£410K06/210.17 mi46, Albany Park Avenue, Enfield, Greater London EN3 5NU3
£555K03/230.18 mi37, Albany Park Avenue, Enfield, Greater London EN3 5NT3
£470K12/220.18 mi28, Albany Park Avenue, Enfield, Greater London EN3 5NT3
£405K01/210.19 mi20, Westmoor Gardens, Enfield, Greater London EN3 7LQ3
£373.5K01/210.21 mi92, Albany Park Avenue, Enfield, Greater London EN3 5NX3
£470K06/210.21 mi206, Carterhatch Road, Enfield, Greater London EN3 5LZ3
£607K11/220.22 mi3, Ashford Crescent, Enfield, Greater London EN3 7HU3
£420K01/210.23 mi6, Riley Road, Enfield, Greater London EN3 5QB3
£400K10/220.24 mi177, Carterhatch Road, Enfield, Greater London EN3 5EB3
£377K02/210.24 mi177, Carterhatch Road, Enfield, Greater London EN3 5EB3
£360K03/210.25 mi216, Carterhatch Road, Enfield, Greater London EN3 5EB3
£450K11/220.25 mi4, Frederick Crescent, Enfield, Greater London EN3 7HH3
£445K03/230.27 mi45, Leda Avenue, Enfield, Greater London EN3 5PZ3
£490K06/230.27 mi21, Leda Avenue, Enfield, Greater London EN3 5PZ3
£414K07/230.27 mi185, Albany Park Avenue, Enfield, Greater London EN3 5NY3
£430K06/210.27 mi130, Albany Park Avenue, Enfield, Greater London EN3 5NY3
£345K03/210.28 mi24, Sherborne Avenue, Enfield, Greater London EN3 5BW3
£441.5K05/230.3 mi19, Greenwood Avenue, Enfield, Greater London EN3 5DN3
£410K09/210.3 mi11, Ingersoll Road, Enfield, Greater London EN3 5PU3
£450K03/230.3 mi21, Grove Gardens, Enfield, Greater London EN3 5PG3
£418K06/230.31 mi10, Westmoor Road, Enfield, Greater London EN3 7LE3
£410K11/210.31 mi3, Westmoor Road, Enfield, Greater London EN3 7LE3
£475K11/220.32 mi172, Albany Park Avenue, Enfield, Greater London EN3 5NZ3
£372K02/210.32 mi4, Roedean Avenue, Enfield, Greater London EN3 5QJ3
£392K03/210.32 mi6, Roedean Avenue, Enfield, Greater London EN3 5QJ3
£485K01/230.32 mi69, Greenwood Avenue, Enfield, Greater London EN3 5DU3
£370K12/200.33 mi200, Albany Park Avenue, Enfield, Greater London EN3 5NZ3
£269K04/210.33 mi93, Greenwood Avenue, Enfield, Greater London EN3 5DX3
£515K11/210.33 mi35, Mayfield Road, Enfield, Greater London EN3 7LS3
£450K02/230.33 mi5, Mayfield Road, Enfield, Greater London EN3 7LS3
£385K02/230.33 mi231, Albany Park Avenue, Enfield, Greater London EN3 5NZ3
£440K05/230.33 mi38, Crest Drive, Enfield, Greater London EN3 5QD3
£530K07/220.35 mi46, Orchardleigh Avenue, Enfield, Greater London EN3 5BE3
£442K09/220.35 mi46, Roedean Avenue, Enfield, Greater London EN3 5QL3
£355K12/200.36 mi10, Ashley Road, Enfield, Greater London EN3 7JT3
£408K11/200.38 mi2, Orchardleigh Avenue, Enfield, Greater London EN3 5BE3
£450K03/230.38 mi45, Redlands Road, Enfield, Greater London EN3 5HN3
£380K03/230.38 mi151, Greenwood Avenue, Enfield, Greater London EN3 5FD3
£395K03/210.39 mi25, Fouracres, Enfield, Greater London EN3 5DR3

Local Rents

34 rents from £1.7K/mo to £5.3K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,10004/240.04 mi-3
£1,70003/240.11 mi-3
£2,25004/240.12 miCarterhatch Road3
£2,30002/250.19 mi-3
£2,30004/250.19 mi-3
£2,10003/240.21 miElmore Road,3
£1,95003/240.22 miWestmoor Gardens, Enfield3
£1,85003/240.23 miThe Sunny Road, Enfield Highway, EN33
£1,80004/240.25 miBowood Road, EN33
£2,37504/240.28 miCarterhatch Road, Enfield, Greater London, EN3 5EA3
£2,60003/250.28 mi-3
£2,40004/250.28 mi-3
£2,50004/250.31 mi-3
£1,90011/240.32 mi-3
£2,40002/250.33 mi-3
£1,99503/250.34 mi-3
£2,15004/250.34 mi-3
£1,99504/250.34 mi-3
£1,75004/240.34 mi-3
£1,80012/240.34 mi-3
£5,31504/240.43 mi-3
£2,50003/240.43 miStoneleigh Avenue, Enfield, EN13
£2,30004/250.44 mi-3
£2,30004/250.46 mi-3
£2,20003/240.5 miMapleton Road, Enfield, Middlesex, EN13
£2,50004/240.51 mi-3
£1,90003/240.51 mi-3
£1,80004/240.51 miThe Loning, Enfield3
£1,90003/240.51 miBrimsdown Avenue, Enfield3
£2,10005/240.54 mi-3
£2,00004/240.58 miLongfield Avenue, EN33
£2,59503/240.58 miLongfield Avenue, Enfield, EN33
£2,15004/250.61 mi-3
£2,00004/240.61 miBeaconsfield Road, EN33

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

2.51 miles away

Nearest school

0.20 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £425,000

January 27, 2025

Floor Plans

Description

  • Chain Free +
  • Driveway for Two Cars +
  • Two Reception Rooms +
  • Large Garden to Rear +
  • In Need of Modernisation +
  • Walking Distance to both Brimsdown & Enfield Lock BR Stations +
  • Potential to Extend STPP +
  • End of Terrace +
  • Close Proximity to Schools, Bus Routes & Amenities +
  • Easy Access to A10 & M25 +

Christopher Stokes are pleased to offer this Three Bedroom, End of Terrace House situated on Lansbury Road, Enfield. This Chain Free Property is in Need of Modernisation and Benefits a Driveway for Two Cars, Two Reception Rooms, Large Garden to Rear, Potential to Extend STPP and is conveniently situated within Walking Distance to both Brimsdown & Enfield Lock BR Stations, Shops, Schools, Bus Routes & Amenities.

Ground Floor Lounge - 2.97mx 3.89m Dining Room - 2.86m x 3.05m Kitchen - 1.79m x 3.05m Garden - 6.39m x 30.45m

First Floor Bedroom - 2.88m x 3.36m Bedroom - 2.88m x 3.05m Bedroom - 1.77m x 1.85m Bathroom WC

Agent Details

Christopher Stokes, Cheshunt

01992 662165

Next Steps?

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