3 Bed Semi-Detached House, Planning Permission, Enfield, EN3 7JD, £525,000

Cedar Avenue, Enfield, EN3 7JD - 1 views - 3 months ago

Sold STC
Planning
ROI: 2%
~93 m²
+10 photos

ValuationOvervalued

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

 

 

Square Metres

~93 m²
Price/m²£5.6K/m²

Value Estimate

£474,300

 

 

End Value (After Refurb)

£465,000

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

£465,000

Mortgage (After Refinance)

£348,750

Mortgage LTV

75%

Cash Left In

£226,681

Equity

£116,250

Rent Range

£1,700 - £5,315

Rent Estimate

£2,211

Running Costs/mo

£1,915

Cashflow/mo

£296

Cashflow/yr

£3,548

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £269K to £607K, average is £412K. £2.8K/m² to £8.1K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£393.5K12/200.05 mi62, Carterhatch Road, Enfield, Greater London EN3 5LT3
£607K11/220.08 mi3, Ashford Crescent, Enfield, Greater London EN3 7HU3
£500K12/200.09 mi154, Carterhatch Road, Enfield, Greater London EN3 5LX3
£425K11/220.11 mi41, Oatlands Road, Enfield, Greater London EN3 5LL3
£450K11/220.12 mi4, Frederick Crescent, Enfield, Greater London EN3 7HH3
£300K05/210.13 mi11, Carterhatch Road, Enfield, Greater London EN3 5LS3
£415K08/230.13 mi37, Carterhatch Road, Enfield, Greater London EN3 5LS3
£503K12/220.15 mi31, Lansbury Road, Enfield, Greater London EN3 5NB3
£410K05/210.16 mi18, Platts Road, Enfield, Greater London EN3 5NA3
£405K01/210.16 mi20, Westmoor Gardens, Enfield, Greater London EN3 7LQ3
£410K01/210.17 mi19, Ian Square, Enfield, Greater London EN3 5ND3
£445K02/210.18 mi2, Logan Close, Enfield, Greater London EN3 5NL3
£427K07/230.18 mi22, Lombard Avenue, Enfield, Greater London EN3 5LN3
£418K06/230.19 mi10, Westmoor Road, Enfield, Greater London EN3 7LE3
£410K11/210.19 mi3, Westmoor Road, Enfield, Greater London EN3 7LE3
£355K04/210.21 mi20, Shaw Road, Enfield, Greater London EN3 5NE3
£515K11/210.22 mi35, Mayfield Road, Enfield, Greater London EN3 7LS3
£470K06/210.22 mi206, Carterhatch Road, Enfield, Greater London EN3 5LZ3
£355K12/200.22 mi10, Ashley Road, Enfield, Greater London EN3 7JT3
£450K02/230.22 mi5, Mayfield Road, Enfield, Greater London EN3 7LS3
£345K03/210.22 mi24, Sherborne Avenue, Enfield, Greater London EN3 5BW3
£360K03/210.24 mi216, Carterhatch Road, Enfield, Greater London EN3 5EB3
£377K02/210.24 mi177, Carterhatch Road, Enfield, Greater London EN3 5EB3
£400K10/220.24 mi177, Carterhatch Road, Enfield, Greater London EN3 5EB3
£530K07/220.27 mi46, Orchardleigh Avenue, Enfield, Greater London EN3 5BE3
£408K11/200.29 mi2, Orchardleigh Avenue, Enfield, Greater London EN3 5BE3
£410K12/220.3 mi22, Brick Lane, Enfield, Greater London EN3 5BA3
£465K11/220.3 mi228, Green Street, Enfield, Greater London EN3 7NB3
£410K06/210.32 mi46, Albany Park Avenue, Enfield, Greater London EN3 5NU3
£555K03/230.32 mi37, Albany Park Avenue, Enfield, Greater London EN3 5NT3
£441.5K05/230.32 mi19, Greenwood Avenue, Enfield, Greater London EN3 5DN3
£470K12/220.33 mi28, Albany Park Avenue, Enfield, Greater London EN3 5NT3
£465K02/230.33 mi234, Green Street, Enfield, Greater London EN3 7NB3
£382.5K12/200.33 mi31, Barnard Road, Enfield, Greater London EN1 3QA3
£382.5K12/200.34 mi31, Barnard Road, Enfield, Greater London EN1 3QA3
£373.5K01/210.35 mi92, Albany Park Avenue, Enfield, Greater London EN3 5NX3
£420K01/210.37 mi6, Riley Road, Enfield, Greater London EN3 5QB3
£485K01/230.37 mi69, Greenwood Avenue, Enfield, Greater London EN3 5DU3
£372K02/210.39 mi4, Roedean Avenue, Enfield, Greater London EN3 5QJ3
£392K03/210.39 mi6, Roedean Avenue, Enfield, Greater London EN3 5QJ3
£505K06/210.39 mi44, Ambleside Crescent, Enfield, Greater London EN3 7LY3
£403.5K12/200.4 mi11, Mapleton Road, Enfield, Greater London EN1 3PE3
£385K08/210.4 mi16, Mapleton Road, Enfield, Greater London EN1 3PE3
£414K07/230.4 mi185, Albany Park Avenue, Enfield, Greater London EN3 5NY3
£430K06/210.4 mi130, Albany Park Avenue, Enfield, Greater London EN3 5NY3
£269K04/210.4 mi93, Greenwood Avenue, Enfield, Greater London EN3 5DX3
£410K03/210.41 mi31, Goldsdown Road, Enfield, Greater London EN3 7QZ3
£442K06/210.41 mi257, Carterhatch Road, Enfield, Greater London EN3 5ED3
£395K03/210.41 mi25, Fouracres, Enfield, Greater London EN3 5DR3
£445K03/230.41 mi45, Leda Avenue, Enfield, Greater London EN3 5PZ3

Local Rents

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

RentDateDistanceAddressBeds 
£2,25004/240.09 miCarterhatch Road3
£2,10004/240.16 mi-3
£1,70003/240.17 mi-3
£1,95003/240.19 miWestmoor Gardens, Enfield3
£1,80004/240.21 miBowood Road, EN33
£1,99503/250.23 mi-3
£2,15004/250.23 mi-3
£1,99504/250.23 mi-3
£2,37504/240.26 miCarterhatch Road, Enfield, Greater London, EN3 5EA3
£2,30002/250.28 mi-3
£2,30004/250.28 mi-3
£1,85003/240.31 miThe Sunny Road, Enfield Highway, EN33
£2,30004/250.33 mi-3
£2,40002/250.34 mi-3
£2,10003/240.36 miElmore Road,3
£2,60003/250.38 mi-3
£2,40004/250.38 mi-3
£2,20003/240.4 miMapleton Road, Enfield, Middlesex, EN13
£2,50004/250.42 mi-3
£1,90011/240.45 mi-3
£2,50003/240.47 miStoneleigh Avenue, Enfield, EN13
£1,75004/240.49 mi-3
£1,80012/240.49 mi-3
£1,90003/240.5 miBrimsdown Avenue, Enfield3
£2,30004/250.51 mi-3
£5,31504/240.52 mi-3
£2,10004/250.52 mi-3
£1,90003/240.58 mi-3
£2,20004/240.62 miTenby Road, Enfield, Middlesex, EN33

Local Area Statistics

Population in EN3

55,687

Population in Enfield

130,248

Town centre distance

2.45 miles away

Nearest school

0.20 miles away

Nearest train station

0.59 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 28, 2025

Floor Plans

Description

  • 3 Bedroom +
  • Extended kitchen +
  • Through lounge +
  • 1st floor bathroom +
  • Ground floor WC +
  • Front off street parking +
  • Garage to side +
  • Residential location close to amenities +
  • Further extension potential (subject to planning permission) +
  • Chain free sale +

An extended three bedroom semi detached house located off The Hertford Road in Enfield Highway within approx 1m of Brimsdown Train Station and located close to local shops, schools and parks. The property offers potential and garage to the side and is offered for sale on a chain free basis. Viewing is recommended. Features include 1st floor bathroom, ground floor WC, 3 bedroom, extended kitchen, through lounge, further extension potential (subject to planning permission), garage to side, front off street parking, chain free sale and residential location close to amenities.

Agent Details

Castles Estate Agents, Enfield

020 3835 6089

Next Steps?

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